Fun Ideas on Marketing to Kids!

Written by Jim Otto

Each year, kids are reported to influence around $1 trillion in family spending! And with everything from toys, clothing, jewelry, personal care products (toothpaste, shampoo, cosmetics, etc), to eating establishments, personal care franchises (haircuts, nail salons, and more), it's easy to see why! Kids have an interest in what's new, having fun, and looking and feeling great! So if you're looking for a few ideas on marketing to kids and how to let people know about the kinds of products and services your business offers, consider checking out the following cool and creative marketing ideas!

Read More

Five Stages of a Business - Get a Head Start with a Franchise System

Written by Jim Otto

Every business can be identified in the following stages.  Some actually move from one to the next, while others may stay at the same stage during their entire existence.  Businesses in stage one are the most difficult.  During this stage every system, product, etc. needs to be developed from the ground up.  Most don't survive this stage to move on to stage two.  That is one reason that franchising is so attractive to so many.  When one invests in a franchise system, they are getting a business model that already survived stage one and two - and the franchise owner just needs to concentrate on following the system and doing it well! 

Read More

Marketing a Children's Hair Salon!

Written by Jim Otto

In the exciting world of Children's Hair Salons, building brand awareness can be an exciting challenge and another way to run a smarter business. Not only is it important to use clever eye-catching marketing techniques in the community (such as what we discussed in our article Gorilla Marketing Strategies and Erin Nanke's Marketing in Des Moines), but it's also important to engage your customers through having an online presence by developing - and maintaining - a website and social media content.

Read More

7 Tips to Cultivate Happy Customers

Written by Jim Otto

Most businesses will spend a lot of time and energy working to acquire new customers and build up various products and services, while at the same time possibly causing their current customers to feel a little left out. In our fast paced world, it can be an easy thing to do. But it can also be a costly thing to do as well! Following are seven tips on how you can be sure you're cultivating happy customers, saving time and money - and growing new customers too!

Read More

Salon Franchise - Which type is right for you?

Written by Jim Otto

In the franchise world there are many options, and choosing between categories alone can be a challenge.  However, one category that is worth evaluating is the salon franchise industry.  Why?  Well, everyone needs a haircut now and then.  Not to mention that most sectors of the salon industry are recession resistant, and it doesn't appear that the internet is going to be able to replace haircuts anytime soon!

Salon Franchise Options

The choices for a Salon Franchise might be a little bigger than you think - but don't worry! It's not too difficult to sort out.

1.  Original Salons: The ones everyone thinks of are some of the original hair salon franchises - think Great Clips, Fantastic Sams, Snip n' Clip, etc.  These are low-end, walk-in type salons.  Clientele doesn't make an appointment, and they tend to exist on every major street corner in most metropolitan cities.  These typically have the stylists acting as management as well and the owner is an absentee owner.

2.  Mens salons: This niche is relatively new to the franchise sector.  Probably the most well know mens salon franchise system is Sport Clips.  However, many others have opened in recent years.  Everything from very high-end Men's Country Club type salons that offer a full array of services i.e. The Boardroom - down to lower-end salons that do high volume, yet still offer men a good haircut without all the frills.  There are also those that appeal to pool players, and those that just cater to "players".  Most wives don't really appreciate the "player" salon environment, and taking your kids to one might be considered as "inappropriate"!

3.  Kids salons: Again we have a type of salon that is relatively new to the scene.  There is no real dominant player in this arena.  Shear Madness Haircuts for Kids has been in operation since 1997 and that's one of the earlier children's salons!  None of the salon systems predate the 90's.  Each franchise has its own personality and philosophy on running a succesful salon.  Extras added to some are kids retail and birthday parties.  Some are run by a manager and others have the stylist/manager configuration. A close evaluation of what makes up the revenue portion of the salon is important to look at. For example, How easy is that portion to run?  Does it take an onsite owner or can it be run absentee?

4.  Hair Removal Salons: These are also very new to the franchise arena.  Tropical Laser Hair Removal opened in 2007! They still fit under salons as the technicians need to have licenses just as hair stylists need to have licenses.  These can be combined with the above types of salons or can be a stand alone type. Many times these are partnered with businesses offering massages.

5.  Nail Salons: There really isn't a dominant player here at all.  It seems that most nail salons are individually owned, yet we're waiting for a franchise to pull it all together!

6.  Massage Salons: An example of a Massage Salon would be Massage Envy.  These typically sell memberships instead of collecting revenue when the service is actually performed.  This type of franchise with membership fees is very popular, especially in the health club arena.  Many buy memberships and then don't use them like they should - which of course helps the franchise system be more profitable.

There you have it!  As you can see, there's a lot to choose from. If you are thinking you might like to know more about franchising in general, we'd invite you to download our FREE toolkit. This great e-document is a fantastic resource in helping you learn more information about investing in a franchise.

The Franchise Buyer's Toolkit

Read More