Post lockdown price increases.

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Discussion

anonymous-user

56 months

Monday 6th July 2020
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MC Bodge said:
£50 Wahl clippers sounds a bit steep. I'm not sure what mine cost 15 years ago, but with frequent cleaning and clipper oil they are still going strong.

Some women pay BIG money for haircuts. It always seems a bit of a con to me.
It’s not just the haircut itself it’s the whole pampering thing plus a few hours of peace. There’s likely colouring and all sorts going on too.

If the hairdressers have reduced spacing they’re going to put their prices up and women and blokes who need people who know what they’re doing rather than just doing it themselves will gladly pay more. Reduced supply in many industries is pushing prices up.

I used to live in Portugal and I noticed off season, quiet restaurants would often increase prices to make up for lower demand. This always seemed odd to me as in other places I’d lived lower demand would lead to prices dropping to attract more customers.

Perhaps increasing prices when demand is low actually works in places where there’s a steady but lower demand? like in these resorts off season, they’re not going to attract more customers so just try to make more from the ones they still have?

Electro1980

8,433 posts

141 months

Monday 6th July 2020
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Pachydermus said:
Electro1980 said:
Range Rover and Lamborghini? Do you have any idea how much dentists and vets earn? Dentists are on about £70k and vets around £40k.
When I was doing some IT work for a dental surgery 30 years ago the two dentists, one of whom was part time, were grossing close to £1 million.
That was at the time they were only thinking about bringing in hygienists so they could concentrate on the more profitable stuff.
Assuming they both worked 8 hours a day, 5 days a week, 47 weeks a year (20 days holiday plus 8 bank holidays), that’s about £270 per hour. More as one was working part time. Either they were bullsting or doing specialist, high price work like cosmetic dentistry in central London.

My dad was a dentist, and therefore I knew a few and whilst I didn’t know the details of their income I did see what they drove, where they lived and where they went on holiday. Most did normal dentistry with a mix of private and NHS. One did private cosmetic work and did ok, driving a 5 year old 911 C2 and two weeks in the Caribbean in summer. Not badly off but not rich by any means.

Zoobeef

Original Poster:

6,004 posts

160 months

Monday 6th July 2020
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mcg_ said:
How can any hair dresser make money charging £5 a cut, unless you're in and out of the chair in max 10 minutes?

Mine was £25 before and was generally in there for an hour with a short wait and a wash. I think it was meant to be £28. No problem if it's £30 after this.
I've never paid more than £7 for a haircut. Using a decent variety of barbers over the last 20 year I've been paying for the privilege. The mrs has cut it for the last 3 years though so I've saved a "fortune".

MC Bodge

21,842 posts

177 months

Monday 6th July 2020
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Electro1980 said:
Assuming they both worked 8 hours a day, 5 days a week, 47 weeks a year (20 days holiday plus 8 bank holidays), that’s about £270 per hour. More as one was working part time. Either they were bullsting or doing specialist, high price work like cosmetic dentistry in central London.

My dad was a dentist, and therefore I knew a few and whilst I didn’t know the details of their income I did see what they drove, where they lived and where they went on holiday. Most did normal dentistry with a mix of private and NHS. One did private cosmetic work and did ok, driving a 5 year old 911 C2 and two weeks in the Caribbean in summer. Not badly off but not rich by any means.
Dentists are well paid compared with almost all other "non-merchant" people who work normal hours in a regular, safe location. It would be difficult to deny that.

It can imagine that it would be a soul-destroying job for most people, though.

Electro1980

8,433 posts

141 months

Monday 6th July 2020
quotequote all
MC Bodge said:
Electro1980 said:
Assuming they both worked 8 hours a day, 5 days a week, 47 weeks a year (20 days holiday plus 8 bank holidays), that’s about £270 per hour. More as one was working part time. Either they were bullsting or doing specialist, high price work like cosmetic dentistry in central London.

My dad was a dentist, and therefore I knew a few and whilst I didn’t know the details of their income I did see what they drove, where they lived and where they went on holiday. Most did normal dentistry with a mix of private and NHS. One did private cosmetic work and did ok, driving a 5 year old 911 C2 and two weeks in the Caribbean in summer. Not badly off but not rich by any means.
Dentists are well paid compared with almost all other "non-merchant" people who work normal hours in a regular, safe location. It would be difficult to deny that.

It can imagine that it would be a soul-destroying job for most people, though.
Not denying that, although compared to lawyers and GPS they don't do so well, and are somewhere around the same as similarly qualified professionals such as optometrists, accountants, architects and chartered engineers. The original point was, your average high street dentist is not driving around in high end luxury cars they can flog when they need cash.

Carl_Manchester

12,342 posts

264 months

Monday 6th July 2020
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Jimboka said:
£50 Wahl clippers, no need to ever visit a barbers again
A lot will be the same, customer base has been reduced
I guess they need to charge more to earn a living, from less customers ..
After my other half's 'attempt' at a smooth, even buzz-cut three months ago i would like to point out the flaws in this approach.

And where does one get their blonde highlights done before a trip to Marbs?

croyde

23,111 posts

232 months

Monday 6th July 2020
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Electro1980 said:
Assuming they both worked 8 hours a day, 5 days a week, 47 weeks a year (20 days holiday plus 8 bank holidays), that’s about £270 per hour. More as one was working part time. Either they were bullsting or doing specialist, high price work like cosmetic dentistry in central London.

My dad was a dentist, and therefore I knew a few and whilst I didn’t know the details of their income I did see what they drove, where they lived and where they went on holiday. Most did normal dentistry with a mix of private and NHS. One did private cosmetic work and did ok, driving a 5 year old 911 C2 and two weeks in the Caribbean in summer. Not badly off but not rich by any means.
I had a root canal done 10 years ago. £900 yikes

Bet he was on a million quid.

Digga

40,458 posts

285 months

Monday 6th July 2020
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croyde said:
Electro1980 said:
Assuming they both worked 8 hours a day, 5 days a week, 47 weeks a year (20 days holiday plus 8 bank holidays), that’s about £270 per hour. More as one was working part time. Either they were bullsting or doing specialist, high price work like cosmetic dentistry in central London.

My dad was a dentist, and therefore I knew a few and whilst I didn’t know the details of their income I did see what they drove, where they lived and where they went on holiday. Most did normal dentistry with a mix of private and NHS. One did private cosmetic work and did ok, driving a 5 year old 911 C2 and two weeks in the Caribbean in summer. Not badly off but not rich by any means.
I had a root canal done 10 years ago. £900 yikes

Bet he was on a million quid.
The dentist who used to look after my teeth when I was a kid is now an instructor at the Porsche Experience Centre, Silverstone. hehe

ettore

4,170 posts

254 months

Monday 6th July 2020
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Electro1980 said:
MC Bodge said:
Electro1980 said:
Assuming they both worked 8 hours a day, 5 days a week, 47 weeks a year (20 days holiday plus 8 bank holidays), that’s about £270 per hour. More as one was working part time. Either they were bullsting or doing specialist, high price work like cosmetic dentistry in central London.

My dad was a dentist, and therefore I knew a few and whilst I didn’t know the details of their income I did see what they drove, where they lived and where they went on holiday. Most did normal dentistry with a mix of private and NHS. One did private cosmetic work and did ok, driving a 5 year old 911 C2 and two weeks in the Caribbean in summer. Not badly off but not rich by any means.
Dentists are well paid compared with almost all other "non-merchant" people who work normal hours in a regular, safe location. It would be difficult to deny that.

It can imagine that it would be a soul-destroying job for most people, though.
Not denying that, although compared to lawyers and GPS they don't do so well, and are somewhere around the same as similarly qualified professionals such as optometrists, accountants, architects and chartered engineers. The original point was, your average high street dentist is not driving around in high end luxury cars they can flog when they need cash.
Hmm, I think Dentist’s do very well - certainly compared to GP’s, Accountants, (most) Lawyers and Engineers.

I have all of the above within my family and friends. The dentists (with a range of practices) all have certain things in common - £multi-million houses, expensively schooled offspring and very shiny transport!

dirty boy

14,718 posts

211 months

Monday 6th July 2020
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A dentist I know has a Ferarri and a Range Rover and a second home by the coast that he's been living at since lock down.

He does earn over £1m (net profit) a year, but he's the owner of two surgeries.

The associates I deal with earn around the £70-£100k.

Never had a Vet as a client.


MC Bodge

21,842 posts

177 months

Monday 6th July 2020
quotequote all
Electro1980 said:
Not denying that, although compared to lawyers and GPS they don't do so well, and are somewhere around the same as similarly qualified professionals such as optometrists, accountants, architects and chartered engineers. The original point was, your average high street dentist is not driving around in high end luxury cars they can flog when they need cash.
"chartered engineers"?

Dentistry is different, but a well paid for a job that doesn't involve complex design or legal project work.

Fundoreen

4,180 posts

85 months

Monday 6th July 2020
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This happened after the 'financial crash' . Suddenly packets of everything started getting tiny. No doubt they will shrink more now.
Government handed out tons of money to the already rich and they spent it all on property .
So your biscuits got smaller and house prices got bigger in the whacky world we live in.
Bozos in the banks should have just killed themselves and left us out if it like proper men.

Sheepshanks

33,043 posts

121 months

Monday 6th July 2020
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MC Bodge said:
Dentistry is different, but a well paid for a job that doesn't involve complex design or legal project work.
Day-to-day it must be pretty boring. Especially when most dentists will be doing the exact same thing for their whole working lives - in many jobs you'd move into a management position and be doing little, if any, of the job itself.

Don't know if it's an urban myth, but doesn't dentistry rank pretty high in the suicide by occupation list?

Pachydermus

974 posts

114 months

Monday 6th July 2020
quotequote all
Electro1980 said:
Either they were bullsting or doing specialist, high price work like cosmetic dentistry in central London.
They didn't get a chance to bullst. I was looking after their database and summed their invoices for the year.

MC Bodge

21,842 posts

177 months

Monday 6th July 2020
quotequote all
Sheepshanks said:
MC Bodge said:
Dentistry is different, but a well paid for a job that doesn't involve complex design or legal project work.
Day-to-day it must be pretty boring. Especially when most dentists will be doing the exact same thing for their whole working lives - in many jobs you'd move into a management position and be doing little, if any, of the job itself.

Don't know if it's an urban myth, but doesn't dentistry rank pretty high in the suicide by occupation list?
In my original post I said that it would probably be a soul-destroying job for many people.

markcoznottz

7,155 posts

226 months

Monday 6th July 2020
quotequote all
MC Bodge said:
Sheepshanks said:
MC Bodge said:
Dentistry is different, but a well paid for a job that doesn't involve complex design or legal project work.
Day-to-day it must be pretty boring. Especially when most dentists will be doing the exact same thing for their whole working lives - in many jobs you'd move into a management position and be doing little, if any, of the job itself.

Don't know if it's an urban myth, but doesn't dentistry rank pretty high in the suicide by occupation list?
In my original post I said that it would probably be a soul-destroying job for many people.
Never look a gift horse in the mouth.....

lampchair

4,519 posts

188 months

Monday 6th July 2020
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MockingJay said:
The prices on bikes have gone through the roof. For example, I had an email from Planet X offering a gravel bike for £1300 - post lockdown price has shot up to £1999. Similar price hikes at other companies too.
tbf Planet X have always been a bit erratic and shady with their pricing.

fido

16,876 posts

257 months

Monday 6th July 2020
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Many reasons for the price increases - extra materials, profit margin per sale, less sales (think i'll be getting a home haircut every 1 in 2 times now!). The suppliers of PPE materials will be doing well though.

egor110

16,929 posts

205 months

Monday 6th July 2020
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Carl_Manchester said:
After my other half's 'attempt' at a smooth, even buzz-cut three months ago i would like to point out the flaws in this approach.

And where does one get their blonde highlights done before a trip to Marbs?

How can your Mrs fk up a buzz cut.

Put your chosen guard on and just get stuck in , flat ck your ear down and she do around them take a he guard off to do the nape of the the neck and job done.

Otispunkmeyer

12,656 posts

157 months

Monday 6th July 2020
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LaurasOtherHalf said:
I’ve had to put prices up 35% across the board in the hair and beauty salon I own, PPE works out at less than £1.50 per customer but the extra time spent with each client means serving a third less people every day.

It was out prices up or not re-open.

Reduction in turnover is still drastic enough (by my forecasts) that even that won’t still guarantee a profit but we can probably operate quarter by quarter and continually assess.

It’s going to get very tough out there.
Yep, quite willing to accept increase on my wig chop on Thursday. Usually £14, but I think id even be happy with double that for the absolute undergrowth they're gonna have to hack through!