Showing posts with label value marketing. Show all posts
Showing posts with label value marketing. Show all posts

Monday, October 22, 2012

Do You Know What Your Clients Really Want?

Do you know what your clients really value? Many spa and wellness clinic owners think that customer value only boils down to PRICE, when in fact, your prices only become an issue when it is presented as the only benefit of your treatments or products.

If you are wanting to increase profit margins in your business, you and your staff must establish real value and partnership with clients. This can me done by asking prospective clients PURPOSEFUL questions that will enable your practice to sell on true value and not price. Here's how:

1.) Write down your questions to show clients that you really do care about their needs and desires.

2.) Help the prospective client understand what makes you and your spa's treatments and products successful by highlighting value. For instance, if you currently use The Scandle Lotion Candle in massage treatments and sell the candles retail, point out that the candle provides an all natural aromatherapy treatment and skin soothing massage lotion/moisturizer in 1 multi-functional product.  By doing so, you are focusing on the product's value over traditional candles and not the price point.

3.) Practice makes perfect! Practice value marketing daily!

What other tips do you have for determining what your clients value most?

Thursday, August 30, 2012

Putting A Price on Value at Your Spa & Wellness Establishment

Often times, when business owners are asked what they think is the driving force in customer business, they will say "PRICE"!  However, what most of them don't realize is that price only becomes an issue when it is perceived as the only benefit of a spa service or product.  According to a recent article in Skin Inc.,  if you want to overcome price and increase sales and margins, owners need to teach their team, "how to establish real value" and then practice, practice, practice this skill repeatedly!

Statements like "We are the best...," "We offer superior customers service...," etc. will only get you so far.  In order to determine what is of "value" to your customer you must ask purposeful questions that sell on true value and not price.  Here are some suggestions:

1)  Write down your questions

2.)  Help the client understand what makes you and your spa, practice, business...successful

3.)  Practice this "value marketing" skill everyday!

If, after talking with clients, you discover that they can't afford the product or service being offered, then DO NOT lower the price or the perceived value. Instead, find a new client for the higher-end product or service, and work with your current client to find a lower-cost alternative.  By being honest and admitting that a service/product is not the best fit, you will acutally gain creditbility and trust instead of using "slippery" sales tactics to get a client to buy a service/product they can't afford.  For the best results, owners and their teams should sell clients on RESULTS at the best price to generate longer lasting relationships.

What have you done to set your spa or wellness business apart on value based marketing?  Share your ideas here.