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Choosing the Right Business Model for your PMU Practice

The PMU Podcast

Release Date: 05/09/2024

Marketing Unveiled - Building Business with Market Research show art Marketing Unveiled - Building Business with Market Research

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In this episode of Marketing Unveiled, hosted by Shareen Adair, the focus is on the significance of marketing research and analysis for understanding audiences and enhancing marketing effectiveness. Shareen, with her background as a scientist and a successful permanent makeup artist, shares insights from her own experiences and emphasizes the importance of primary and secondary research. She provides practical examples, including case studies from Cartier and Ford, and advises PMU artists on identifying their ideal customer using various data collection techniques. The episode concludes with a...

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In this episode of 'Marketing Unveiled', host Shareen Adair, a permanent makeup artist with nearly two decades of experience, introduces the fundamentals of marketing for PMU entrepreneurs and small business owners. She explains the concept of marketing as a strategic process involving research, promotion, and distribution, and breaks down the four P's of marketing: Product, Price, Place, and Promotion. Shareen emphasizes the importance of understanding and targeting the right market, conducting market research, and personalizing marketing efforts. She also discusses current marketing trends...

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Choosing the Right Business Model for your PMU Practice show art Choosing the Right Business Model for your PMU Practice

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Choosing the Right Business Model for Your PMU Career   Are you an employee, commission, or a rental practitioner? Choosing the right business model for your PMU career is crucial for success. Whether you're just starting out or looking to level up your business, understanding the pros and cons of employee, commission, and rental models is essential.   Hi, I'm Shareen Adair, a scientist turned permanent makeup artist with 10 years of experience. Over the past 18 years, I have built successful businesses and focused on teaching business and new skills to artists globally.  ...

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Setting your value in the industry, pricing strategies and salon policies for aspiring PMU artists. show art Setting your value in the industry, pricing strategies and salon policies for aspiring PMU artists.

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Mastering Business Essentials for Aspiring PMU Artists with Shareen Adair In this comprehensive guide, Shareen Adair, a scientist turned successful permanent makeup (PMU) artist, shares her extensive industry experience to help aspiring PMU artists navigate the complexities of setting their value, developing effective pricing strategies, and implementing essential salon policies. Covering the importance of efficient scheduling systems, clear client booking policies, and strategic pricing, Nader offers actionable advice on client consultations, aftercare protocols, and cost management to ensure...

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Branding yourself as a PMU Artist show art Branding yourself as a PMU Artist

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Your brand is arguably one of the most important assets of your business. It gives your Business an identity, makes your business memorable, encourages consumers to buy from you, supports your marketing and advertising, and brings you endless joy.

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Introduction show art Introduction

The PMU Podcast

Lets talk all about permanent mkeup. Everything!!

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More Episodes

Choosing the Right Business Model for Your PMU Career

 

Are you an employee, commission, or a rental practitioner? Choosing the right business model for your PMU career is crucial for success. Whether you're just starting out or looking to level up your business, understanding the pros and cons of employee, commission, and rental models is essential.

 

Hi, I'm Shareen Adair, a scientist turned permanent makeup artist with 10 years of experience. Over the past 18 years, I have built successful businesses and focused on teaching business and new skills to artists globally.

 

Navigating Challenges in the PMU Industry

 

Having restarted my journey twice due to economic changes and the pandemic, I've gained valuable insights. Whether you're an ambitious PMU artist or just starting out, I'm here to guide you through common challenges based on my two decades of experience.

 

Employee Business Model

 

In today's episode, we delve into the employee business model. An employee is hired or recruited by an organization, with a set schedule and payment structure. While offering stability and benefits like health insurance, employees have less control over their schedule and creativity.

 

Commission Business Model

 

The commission model involves a contracted individual receiving a share of the service fee. This setup provides flexibility in setting schedules and potential for higher income based on performance. Yet, artists bear the responsibility of expenses and face competition within the establishment.

 

Rental Business Model

 

The rental model offers autonomy to artists renting a space in a salon. By paying a fixed rent, artists can customize their services, prices, and schedules. While keeping all profits, they handle all aspects of the business, from marketing to client retention.

 

Choosing the Right Model for Your PMU Career

 

Selecting the best business model depends on individual goals, preferences, and circumstances. Whether as an employee, commission-based artist, or renter, each model has its advantages and challenges. Assess your priorities and research thoroughly before making a decision.

 

Final Thoughts

 

I hope this discussion helps you navigate the different business models in the PMU industry. Join me next time for more insights and inspiration on your PMU journey. Remember to let your light shine bright and stay fierce in your pursuit of success. Until then, keep slaying, my darling. Mwah!