Banking on Vish Boosts Industry Revenue by £5.5 million

UK Stylists using Vish colour technology banked an extra £5.5 million in revenue for their salons in 2023, according to data published recently by Vish. 

In its newly published Double Your Colour Profits in 2024: 3 Rules of Color Management, Vish revealed that more than 4 million services were delivered last year using its technology allowing stylists and owners unprecedented oversight of their colour usage, costs and profits. Now, by drilling deep into the data, Vish is sharing up-to-date and overarching insights into colour use within the whole industry.  

“The data shows the average salon increases profits by more than £10,000 when switching to Vish,” says Danny Coles, sales manager of Vish. “We hope by publishing our review, including insights from key salons, we can help the industry drive higher sales and lower costs.”

As well as guidance on how to unlock greater profitability in 2024, the published report focuses on three salons keen to share what Vish has meant for them. Tuckwell & Co in Nottingham and Derby captured an additional £22,300 in just six months by charging for additional colour. The Bank Hairdressing in Brigg, Lincs, brought down average colour use by 16% while SJ Forbes in Egham, Surrey, brought the average cost per colour application down by 22%.  

“You can’t be relaxed about charging for extra colour because it adds up and eats into your profitability. But you need to monitor it accurately and be fully transparent with clients,” said Hayley Gibson-Forbes, co-owner of SJ Forbes, Egham and Windsor “You can only do that with Vish Colour Management. We are acutely aware of colour costs now and how over-dispensing drives up costs for clients. Our weekly colour spend is down by £1,000. Vish acts as our moral compass and we are no longer paying for product that is rinsed down the drain.”

Download the new Vish eBook Double Your Colour Profits in 2024: 3 Rules of Color Management, showcasing three salon owners and their secrets to success