[169] How Many Clients Do You Actually Need for 10k/Months (SHOCKING Math Breakdown)
"How Many Clients Do You Actually Need for a $10K Month? (Shocking Math Breakdown)"
In this training I…
Show hairstylists exactly how to check if your prices/timing are in flow or out of flow.
Show you how to calculate your own needed clients
Show you the few factors that YOU CONTROL that impact this formula (time, scheduling, charging for everything)
STYLIST HAILEY
Avg Ticket = 200
Hours per week = 30
Rebooking percentage = 60
Number of clients on your schedule for the next 4 weeks= 10
FIND YOUR CLIENTS/MONTH GOAL
10,000 / avg ticket = how many clients
10,000/200 = 50 clients/month GOAL
CROSS-CHECK YOUR TIMING
50 clients per month
30 hours / week x4= 120 hours/month
120 hours / 50 clients = 2.5 hours per client
This shows you where you are with your timing.
If your avg appointment length is 4 hours, here is your MAX OUT per month.
120/4= 33 Guests per month maximum
33 x 200 = $6,600
4 HOUR APPOINTMENTS = 33 GUESTS/MONTH = $6,600
First goal could be to raise prices once you reach this amount
Work on timing
Work on increasing avg ticket
HOW RETENTION FACTORS IN
Your rebooking rate determines how many clients you NEED TO SEE IN ORDER TO KEEP 50 CLIENTS/MONTH.
IF YOU’RE STARTING FROM SCRATCH and have 0 clients on your schedule…
80% rebooking rate = 60 clients to keep 50
60% rebooking rate = 80 clients to keep 50
50% rebooking rate = 100 clients to keep 50
The lower your rebooking rate, the longer it will take you to reach your goal client count.
HOW LONG TO REACH YOUR GOAL
2 new clients/month = 2 years
5 new clients/month = 1 year
11 new clients/month = 6 months
The dial YOU can control is your marketing and attraction methods!
It’s easier to put yourself out there and put out the effort when you know there is an “end” in sight.
It’s harder when we don’t know what we’re reaching for or if we’re going to really be able to make it happen.
Continue your learning with these courses:
Stylist C-Suite: https://wolfandrabbit.samcart.com/products/stylist-c-suite
Slow Season Fix: https://wolfandrabbit.samcart.com/products/slow-season-fix