Have you ever wondered if you’re undercharging for your services? Or, perhaps you wanted to earn more but didn’t know where to start. Let StyleSeat do the heavy lifting for you. Automatically adjust your prices according to market demand and get paid what your time is worth with Smart Pricing.
Competitively Price Your Services
Our data science analyzes your business, prices, and client schedule to identify your most popular time slots. When your client demand is at an all-time high, but your services are underpriced, Smart Pricing automatically raises specific times in your schedule to match their true value. Plus, it all happens behind the scenes, so you can make more without lifting a finger.
How it Works
Competitively raising your prices allows clients who truly need your prime booking times to secure their spot at a higher price. Whereas clients who are more flexible can book an appointment at your standard price. Here’s how it works:
- When your clients book online, they will see a slight price increase on your most popular time slots.
- Our Smart Pricing feature identifies your most popular time slots and raises the prices by 20% (up to $50) to match their true value.
- You’ll see your extra earnings in a breakdown in the appointment details.
- For all Smart Pricing appointments, the card on file will be charged automatically one hour after the appointment ends — no need for clients to pull out their wallet!
- An automatic 20% tip will be included, or your client can add a custom tip from the text message we send them after the appointment.
For appointments that include Smart Pricing, we’ll use a third of your upcharge to power the program in order to deliver an ultra-smooth experience and earn you more income.
Spend Time on What Matters
Adjusting your prices automatically means you have more time to spend on your clients. Plus, clients love the flexibility of reserving the time they want at a higher price and an automatic checkout. In fact, clients tip up to 40% more when they pay through StyleSeat.
“When I see the Smart Pricing diamond on my pros calendar it makes me want to book it faster! I want to get the appointment before someone else! I can get it done first and feel confident and get it out of the way.”
With StyleSeat payments, you can deposit your money directly to your bank account and keep all of your transactions in one place — all for some of the lowest transaction fees in the industry. Still wasting time with a manual checkout process? Get started on StyleSeat Payments today.
Want to Disable Smart Pricing?
Have a client you don’t want to upcharge? You can always disable this feature from a specific appointment by clicking the disable link within the appointment details. This will revert the price to the original amount, and remove all mention of Smart Pricing from the appointment.
Raising your prices is a catalyst for growing your business. Smart Pricing handles this automatically so you can focus your energy where it matters most — your clients.
Looking for tools to help you run your business? Try StyleSeat here.
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