Have you got what it takes to become a Finest Barber?
Running your own barbering business is not an easy job. You have made it to where you are today for mainly two reasons, one, because your passionate about barbering and two, you have made some good decisions about how you intend to make a fruitful living through operating a successful barbering business.
After the huge wave of interest in becoming a barber formed a couple of years ago, barbering is still a career choice which is on-trend, which means the barbering market is as competitive as ever as there are more people joining the industry than there are barbers retiring.
So how do you combat the competition?
Finest Barbers says keep ahead of your game and always opt for the finest products and the most profitable decisions.
But what if you were faced with making a decision between two options and the profit figure works out to be the same. Which would you choose? Check out the £1 test below.
£ THE ONE POUND FINEST BARBERS TEST
The One Pound Finest Barbers Test determines what your barbering mind set is, what you think is better, between two different ways of generating one English pound. There’s no wrong answer so have fun discussing this with your fellow barbers.
A) Sell a £1.50 low quality hair styling product to your client, which cost you £0.50 (£1 profit)
OR
B) Sell a £21 premium hair styling product to your client for £9.33 which cost you £8.33 (£1 profit)
FINDINGS
Most people who answer Option A might say something along the lines of:
“Well it’s easier to sell more and at a faster rate because you’re not asking for a lot of money for the product. It’s only £1.50 to the customer. I think I would sell millions, it doesn’t matter if it’s not that great in quality. We only charge £5 for a 20 minute haircut and we are so busy and we’re that successful we have to work 8am-10pm every day to keep up”
But most people who answer with Option B might respond with:
“Wow, how good is it that I could make a pound profit by saving somebody £12.67 off the normal price! That’s unbelievable value. I think I could sell millions if I offer this value to my customers. I always say buy cheap buy twice. My business is about offering the best quality, our haircuts are NOT cheap, we take pride in our quality of work. We want to be valued and stand out for the quality and expertise we offer our clients, and as being the finer choice within the market, not the cheapest.
If you opted option “B” Finest Barbers would like to work with you.
Your business brain sees the value in the Finest Barbers “Only The Finest” model.
Finest Barbers says look at the benefits of monetizing PREMIUM hair styling products as an extra revenue stream.
Finest Barbers only stock Hairbond UK hair styling products, you gather they’re the finest but here’s some of the main reasons why:
10 years of marketing
Over the last decade the Hairbond United Kingdom hair styling brand has taken the world of hair styling by storm. Starting off with just two products, the brand went global within a very quick first 12 months through some of the hands of the worlds best known celebrities and sports stars.
Since going to market all that time ago, the brand has developed rapidly ramping up their niche male grooming offerings, and now cater for more hair types, hair styles, as well as other essential male categories including beard, hair, body and skin care.
Great margins
Trading for a more profitable business, most barbers will find they are working on 30-40% margin selling retail products. Which works out that you have a cost of £12-14 when selling a £20 product. But at Finest Barbers you are able to work on bigger margins (50-60%) so that you can at least double up if want to match the products suggested retail prices, so it would cost you £8-10 for a £20 product.
Professional Only Quality products
A whole range designed and backed by barber and business man professional Scott Michaels, targeting quality salon professional finishes for specific hair types. Whether its a dry matte finish you require or something a bit slicker, with every Hairbond product you find that a little goes a very long way, and all products have popular fruity or sweet fragrances.
Stand Out Premium Packaging
You will not find this stuff in a cheap shoe polish tin or on the high street/supermarkets for that matter. Excellent professional products all have excellent packaging. Hairbond currently is manufactured in two sizes, 50ml retail size (SRP £14) which is a lower price point covering demographics with a little less to budget and a 100ml salon/value size (SRP £21) where those who have the budget can get better value. Whilst they are actually made out of an acrylic plastic material, Hairbond products have a unique glass jar like appearance. They are uniquely branded, printed and under the lid is a secondary seal to keep the product fresh at all times. The products have been tested to last at least 12 months after the products seal has been lifted for the first time. These also look great on the bathroom/bedroom shelf.
Water Soluble
Hairbond’s range easily washes out and breaks down in water. For more thorough hair washing Hairbond also manufacture a range of shower and shaving products.
Made in the UK
With products being made in the UK, this is great for a number of reasons. Whilst many other international hair styling brands’ products are sourced from overseas and from third world countries, manufacturing in the UK means Hairbond fully supports the UK economy. Whilst other brands have had nightmares in production over the years, Hairbond is also known for their consistency in quality control.
Paraben and Sulphate free and against Animal Testing
You won’t find any nasty chemicals in Hairbond products and they do not test on animals.