5 Signs It’s Time to Raise Your Salon Prices

Introduction

Many hairstylists and salon owners struggle with pricing, but knowing when to increase your rates is key to growing your business. If you’re wondering whether it’s time for a price increase, here are five signs you shouldn’t ignore!

1. You’re Fully Booked All the Time

If you have a waitlist or clients struggling to get an appointment, it’s a clear sign that demand is high. Raising your prices will help balance your schedule while increasing your income.

2. Your Products and Overhead Costs Have Gone Up

From hair products to rent and supplies, if your expenses have increased, your prices should too. Make sure you're still making a healthy profit margin.

3. You’ve Invested in More Training and Skills

If you’ve taken classes to learn advanced techniques like lace wig installs, microlinks, or balayage, your expertise is now more valuable—and your prices should reflect that.

4. You’re Attracting a Higher-End Clientele

If your work quality has improved and you’re getting more clients willing to pay top dollar, it’s time to shift your pricing structure to match your new audience.

5. You Haven’t Raised Prices in Over a Year

Inflation affects every industry, including beauty. If it’s been over a year since your last price increase, it’s time for an adjustment.

Conclusion

Raising your prices isn’t about overcharging—it’s about ensuring your skills, time, and business growth are fairly compensated.

Need help restructuring your salon pricing? Join our salon business coaching program today!