Spa Executive March-April
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Dear Sal, how I can keep revenue coming in<br />
during slower times?<br />
Sal Capizzi, Marketing Director at Book4Time<br />
and a former Director of <strong>Spa</strong> and Wellness<br />
at NEXUS Luxury Collection, shares his expert<br />
insight into your reader questions.<br />
Send your queries about managing staff,<br />
operations, and anything else you want to know<br />
(challenge him!) to scapizzi@spaexecutive.com<br />
Q. Dear Sal:<br />
To be honest, I’m a bit scared about my<br />
business weathering the turbulent economic<br />
times. Do you have any suggestions on how<br />
I can keep revenue coming in when business<br />
seems to be a bit slower?<br />
A. Great question!<br />
There are several successful ways I’ve run a<br />
business during slow times and new ideas<br />
that are being talked about in a major way<br />
throughout the industry as it stands right now.<br />
My first rule of thumb is to always pre-book<br />
as much as you can. I was leading a business<br />
where it was almost a requirement to have<br />
40% of the next month’s “goal” pre-booked<br />
the month before. For example if my next<br />
month’s goal was $70,000 – I would aim to<br />
have $28,000 of that already booked.<br />
Incentivize your practitioners. Your<br />
practitioners don’t necessarily need to be the<br />
ones telling clients about any pre-booking<br />
discounts if they come back again, but if<br />
clients know that their LMT or esthetician<br />
is invested in their well-being, reviews a<br />
solid treatment plan with them, and gives<br />
them take-home care advice, you are sure<br />
to see that client again. An incentive for a<br />
practitioner could look like a cash bonus<br />
on number of sessions performed or prebooked,<br />
a self care treatment of their choice,<br />
or even a promotion. In order for someone to<br />
move up the ranks by tier in my business they<br />
had to have at least a 30% pre-booking rate<br />
for consecutive months.<br />
Incentivize your guests. At checkout,<br />
let your guests know of any benefits that<br />
may come with pre-booking their next<br />
appointment or buying a series/package of<br />
services. Most times both of these come<br />
with a small discount on each service, or<br />
an add-on to a treatment that adds no<br />
additional time to the service, costs pennies,<br />
8<br />
| <strong>Spa</strong> <strong>Executive</strong>