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What is a Markup?
Updated over a year ago

Adding a markup to your product pricing can increase your salon's profits and offset business expenses. Applying a markup to retail products is common, so why not add one to your backbar products?

At SalonScale, we recommend a 100% markup.

Markup helps to cover:

βœ… Salon overhead like rent, utilities, taxes, and other operational costs. It also helps to maintain the building and equipment so that the salon has cash flow to help upkeep washbins, chairs, and other tools.

βœ… Helps to cover backbar products to help make sure you have color you need and the supplies you use to achieve in services like foils, brushes,

βœ… Team benefits, lots of salons use markup to help save for team training so that can continue to reinvest in their stylists. Other salons use markup to provide additional commission to stylists.

βœ… Increases client satisfaction, with markup your salon has additional cashflow to provide amenities or a comfortable waiting room. these "extras" contribute to client satisfaction and retention.

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