Form of self employment that is distinguished by renting a space in a salon, spa or barbershop
What is booth renting
When building clientele this is the best for of referral
What is Word of mouth/ client referral?
Act of recommending and selling products to your clients for at-home use
What is Retailing?
Not paying back your loans
What is defaulting?
Ticket upgrading is also known as
What is upselling?
Form of self-employment and tax designation with specific responsibilities for bookkeeping, taxes, insurances, etc.,
What is an Independent Contractor?
Notes or cards sent via email or mail to let your clients know you were thinking of them specifically
What is a Birthday card or note?
When buying good and services as a beauty professional you should always be
What is an informed consumer
Failure to repay debt will have a serious affect on
What is your credit score?
When retailing you have to adapt your approach and your_________ _______ to fit that specific client.(2words)
What is your sales technique?
Document that outlines all the duties and responsibilities of a particular position
What is a job description?
Interacting with others to exchange information and develop professional or social contacts.
What is networking?
Customers who are loyal to a certain beauty professional
What is their client base?
Spending less money, working more hours, increasing service prices, and retailing
What are ways to increase your income
When retailing you want to appeal to the 5
What are senses?
Percentage of the revenue generated from services performed by a professional
What is Commission?
Discount based on the customer telling someone else about your spa
What is a referral discount?
The practice of recommending and selling additional services to your clients
What is ticket upgrading?
Person will be able to give you advice on reducing your credit card debt, investing your money, and funding for retirement
What is a financial planner?
Understanding what the product does, its ingredients, treatment options, protocols, and potential results are all a part of
What is product Knowledge?
Employment Classification in which the employer withholds certain taxes and has a high level of control
What is an employee?
Percent of consumers look at review before deciding on a salon or sap
What is 92 perecent?
Beauty professional who complies with tax laws and rules for reporting income
What is an ethical beauty professional ?
Punishable by fines or jail time
What is failure to report earned income?
Sales approach designed to get a consumer to purchase now rather than wait and compare or potentially decide not to purchase at all.
What is a Hard Sale?