5 Tips To Increase Spa Revenue








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Happy New Year!  Ready or not, 2017 is here… We are super excited because we have many new things to help you make 2017 your best year ever!

 

Introducing!

First, the Biggest Gainer! It’s time to submit your year-end numbers for a chance to win the Biggest Gainer Award.  Could that be you? Read more for qualification guidelines.



 

Third, you’re invited to be part of the new CoachMe Genius Series beginning this month.  It’s called Genius Spa Revenue Strategies.  Read more

 

Fourth, make sure you join the CoachMe Expert Membership. It’s FREE!!!

 

We have been busy preparing for the New Year, enjoy!

 

Featured Article

Get a sneak peek into Module #1 of the new Genius Revenue Generation Strategies, Team Strategies to Increase Revenue.  Fact: Your team plays a big role in your success. This article will help you discover 5 Tips The Spa Team Can Do To Increase Your Spa Revenue. Read more
 

Bright Ideas!

With a new year upon us, it is appropriate to revisit how to Set Effective Goals that lead to success. Watch the video below about Goal Setting.
Read More
 

 

Dori Recommends

Have you assessed last year’s performance yet?  Maybe not, but you should soon.  To help you, we have created some key performance indicators you should be measuring. Read more to download.

 

 

We wish you a very Happy, Healthy and Prosperous New Year!

 

Dori & Team

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Coach Me! Platinum

Date: January 10th, 2pm EST.

 

New CMG Genius Revenue Generation

Topic: Team Strategies For Increasing Revenue

Date: January 3rd at 4pm EST.

Join Now →

Tradeshows

AmSpa Chicago

Date: January 21st – 22nd

 

Seminars  

Leap Ahead

January 30th-1st

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CoachMe Expert

Free Membership, Join Now!

Topic: Fulfilling Consumer Demand for Organic and Natural Makeup

Expert Guest: Yelena Kalendareva

Date:  January 24th at 3pm EST.

Join Now →

 

 

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5 Tips The Spa Team Can Do To Increase Your Spa Revenue

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You decided to take the entrepreneurship route. Maybe at first you started by yourself, but then you realized you had to start hiring people to work with you and help you.  All of the sudden, you found yourself in a place that you have never been before and without a how-to guide to manage the journey.

 

Managing a team is one of the most difficult aspects of running a business.  We know this because most of the phone calls we receive at InSPAration Management concern team issues. One of the biggest concerns is how to get the team to be more productive.  In this article, you will discover how to build a great structure to ensure you have a dream team to help increase revenue!

 

1. To increase revenue, your team must have GOALS!

This is probably the biggest mistake I see when I first start working with a spa or a medi spa.  Normally, the team is clueless as to how much revenue they need to generate on a monthly basis for services and retail.  Frequently, they don’t even know how much revenue they can generate for themselves from working at your spa and or medi spa. If you want to increase revenue, you need to set Goals and let the entire team be aware of them.

 

The best way to set goals is to look at last year’s monthly performance and increase it by the percentage of growth you would like your business to grow. Set new targets and share them with your team.

 

2. To increase revenue, you must have KPIs

Increasing revenue is not just about service and retail revenue, it’s about key performances the team has to practice and deliver.  We call them Key Performance Indicators.

What are they?  They are key factors to monitor to ensure your overall success.

Some of your KPIs could be:

  • Number of referrals you want the team to generate on a monthly basis
  • Retention rate
  • Cross marketing efforts
  • Membership sales
  • Attendance record, etc.

KPIs need to be clear with specific targets for your team to achieve.



2. To increase revenue, you must have KPIs

Increasing revenue is not just about service and retail revenue, it’s about key performances the team has to practice and deliver.  We call them Key Performance Indicators.

What are they?  They are key factors to monitor to ensure your overall success.

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Some of your KPIs could be:

  • Number of referrals you want the team to generate on a monthly basis
  • Retention rate
  • Cross marketing efforts
  • Membership sales
  • Attendance record, etc.

 

KPIs need to be clear with specific targets for your team to achieve.

 

3. To increase revenue, you must Measure Performance

It’s not enough to set goals, you also need to measure them. Monitor performance daily, weekly, and monthly.  Run reports to make sure your team is on track to achieve their goals.  Remember the saying “You can’t improve what you don’t measure”?  It’s a fact.  Make looking at reports a habit to ensure growth.

4. To increase revenue, you must Motivate Your Team

Motivation is big topic. A lot goes into keeping a team motivated.  During the preview podcast I did recently, I spoke about how to keep the team motivated.  Listen to the preview podcast for the new series, Genius Spa Revenue Generation Strategies, to gain tips on how to keep your team motivated.



 

5. To increase revenue, you must Reward and Recognize

Team retention is huge.  Replacing employees is very costly.  You want to hire slow and make sure you are selecting the right team members.  Once you select the right team members, you want to keep them.  The best way to keep quality team members is by recognizing good efforts and appreciating them.  During the new CoachMe Gold Series, I will be sharing multiple ways to help you build a dream team and increase your overall revenue.

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Sure, there is a lot more…  If you start implementing the 5 steps above, you will be making progress and charting a new path toward success. 

 

Like this article and interested in learning more on how to increase your revenue? Join the new CoachMe Gold Series and make next year, your best year ever!!

 

Listen to the new Genius Revenue Generation Strategies podcast and start increasing your revenue!

 

Download podcast.

Learn more about the new CMG series



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How Healthy & Profitable is Your Business?

 

Just like with our bodies, we need to visit the doctor for an annual check-up, we need to do the same for our business to ensure growth and good financial health.





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Make sure you come check us out and subscribe to the

CoachMe Expert Interview Podcast Channel.

Register & Claim Your Free Membership.







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Setting Spa Goals


With a new year upon us, it is appropriate to revisit how to set effective goals that lead to success. Watch the video below for valuable tips.

Video about goal setting

 

“A person without a goal is like a ship without a rudder.”

Napoleon Hill – Think and Grow Rich

 

Goal Setting Principles:

  1. Goals must be in Writing
  2. Goals must be Clear
  3. Goals must have a Timeline
  4. Goals must be Measurable
  5. Goals must have an Action Plan





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New CoachMe Series

Regular price $149

Sale $99



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The Biggest Gainer Award!

Annually, we ask members of the community to enter their annual business growth results to be considered for the Biggest Gainer Award. We invite you to submit your growth rate for a chance win great prizes!

 

We award 5 categories:

  • Day Spa
  • Resort Spa
  • Medi Spa
  • Wellness Center
  • Solo-preneur

Simply submit this form with your growth rate and share any strategies that contributed to your growth and success.

 

Your Awards:

  • One free ticket to Leap Ahead- a value of $2950
  • One-year access to the new CoachMe Gold Genius Spa Revenue Strategies– a value of $1,788
  • One-hour CoachMe Private call with Dori – $185 value
  • Winners’ Circle Interview with Dori

 

Submit your numbers now. Good luck!

 

Winners will be announced in the February 2017 InSPAration Moments.

Forms must be submitted by January 15th.





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Injectables Educational Programs

 

Are you looking to learn how to perform injectables and other non-invasive facial treatments? 

 

Aesthetic Learning Academy offers classes to help you.

 

Dr. Samuel Shatkin Jr. is a plastic surgeon and an expert in advanced skin care. 

 

For more Information, call 855-237-5553.

Mention this and receive a special bonus.

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