Issue StoriesSelling Skin Careby Cheryl Whitman By educating your clients, you can increase your skin care product sales and your profits Selling home-use skin care products can provide up to 30% of your medical spa’s gross profits. Think about it: When a patient receives a botulinum toxin Type A injection treatment at your medical spa, he or she will likely visit your spa only three to four times per year at most. However, if the same patient is also using your spa’s private-label line of skin care products, he or she will likely purchase products from you every month. Selling Guidelines Involve the Buyer “We recommend that each patient be asked to bring in their current skin care products at their first visit so that the treatment they will receive will not be undermined by the regimen they are following,” says Anca Saladie, skin care product-development expert for Beautiful Forever Consulting (Englewood Cliffs, NJ). To educate patients about skin care products and cosmetics, and increase sales, make them part of the medical-spa experience from the beginning. Have tester units available for display and use in the waiting room. Also, provide easy-to-understand brochures that summarize the menu of home care products that complement the medical-spa treatments, as well as personalized instruction booklets and makeup-application handouts. New Developments Many medical spas now sell post-treatment camouflage makeup as well as mineral-based cosmetics for everyday use. If a patient is having a surgical or aesthetic procedure on a particular area, give him or her information about special makeup products that will cover and soothe it. Do It Privately A well-developed private-label line will increase revenue, create customer loyalty, and generate referrals. The recurring purchases that do not require treatment can be very lucrative because, by using a private-label product line instead of a name-brand product line, your revenue will increase substantially. The markup on private-label products can be 300% or more, depending on what the market will support. Increasingly, physicians are choosing to offer their own private-label product lines. To create their custom lines, they work with a designer to choose the bottle and filler, and then design the packaging around these two components. This truly establishes a unique brand and enables them to develop their own look and feel from the start. There are some disadvantages to having a custom private-label line, however. The up-front costs (initial sourcing, creative, and development) are higher with custom labeling. Design firms specialize in this process because it is regulated and detailed-oriented. In the end, though, this solution is the most cost-efficient and it generates the greatest return on investment. More importantly, this process results in a unique, branded identity for your skin care center or medical spa. By educating patients to buy your brands of custom cosmetics or skin care products, they will know that they must return to you—as opposed to going online, for example—to repurchase them. Compounding pharmacies make it possible for physicians to purchase already-compounded prescription skin care products. By manufacturing your own private-label line, you will create an additional revenue stream that would otherwise go to a pharmacy. Finally, there is one more option. You can elect to custom compound right there at your medical spa. It is very easy, and it is considerably more profitable. Good skin care and makeup products can sometimes be costly. However, aren’t we a society that values the goals of optimum health and long-lasting youth and beauty? Cheryl Whitman, a beauty-industry consultant for more than 20 years, is the founding board member of the Medical Spa Society and an active member of the Day Spa Association. She is the CEO of Beautiful Forever, a nationwide medical-spa consulting firm. You can reach her at (201) 541-5405 or via her Web site, www.medicalspaconsultant.com |
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