{"id":279947,"date":"2021-03-25T01:07:27","date_gmt":"2021-03-25T01:07:27","guid":{"rendered":"https:\/\/www.franconnect.com\/?p=279947"},"modified":"2024-05-28T19:08:31","modified_gmt":"2024-05-28T19:08:31","slug":"sample-objectives-and-key-results-okr-for-spas-and-salons","status":"publish","type":"post","link":"https:\/\/www.franconnect.com\/en\/sample-objectives-and-key-results-okr-for-spas-and-salons\/","title":{"rendered":"Spas and Salons: Sample Objectives and Key Results (OKR)"},"content":{"rendered":"<p>Salon and spa franchises represent well over a million businesses across the U.S. According to IBISWorld, there are approximately 880,000 firms operating in the <a href=\"https:\/\/www.ibisworld.com\/united-states\/market-research-reports\/hair-salons-industry\/\" target=\"_blank\" rel=\"noopener\">hair and nail salon<\/a> industry within the U.S., providing direct employment opportunities for almost 1.2 million people. The <a href=\"https:\/\/www.ibisworld.com\/united-states\/market-research-reports\/health-wellness-spas-industry\/\" target=\"_blank\" rel=\"noopener\">health and wellness spa<\/a> industry has over 22,000 businesses employing over 365,000 people. As the economy changes, salons and spas still employ many people.<\/p>\n<p><!--more--><\/p>\n<h3>OKRs For Salon &amp; Spa Franchises<\/h3>\n<h5><span style=\"font-weight: bold;\">Objective:<\/span> Increase franchisee revenue.<\/h5>\n<p><span style=\"font-size: 16px;\"><strong>KRs:<\/strong><\/span><\/p>\n<ul>\n<li>Get retail capture rate to 25% (percentage of people who buy retail items vs. spa guests).<\/li>\n<li>Have 100 customers do injectables (high-ticket item).<\/li>\n<li>Increase customers by 20%<\/li>\n<li>Increase facial treatment sales by 30%.<\/li>\n<\/ul>\n<p><span style=\"font-size: 16px;\"><strong>Initiatives:<\/strong><\/span><\/p>\n<ul>\n<li>Increase prices by 10%.<\/li>\n<li>Get front desk staff engaged in sales training from head office.<\/li>\n<li>Review injectable sales on monthly FranConnect scorecard.<\/li>\n<li>Engage in Instagram for lead generation.<\/li>\n<\/ul>\n<h5><span style=\"font-weight: bold;\">Objective:<\/span> Increase profitability through marketing efficiencies.<\/h5>\n<p><strong><span style=\"font-size: 16px;\">KRs:<\/span><\/strong><\/p>\n<ul>\n<li>Make cost\/lead $25 off Google.<\/li>\n<li>Get repeat guest rate to 50% (percentage of total guests who are repeat guests).<\/li>\n<li>Increase business from referrals by 25%.<\/li>\n<li>Increase walk-in business by 10%.<\/li>\n<\/ul>\n<p><span style=\"font-size: 16px;\"><strong>Initiatives:<\/strong><\/span><\/p>\n<ul>\n<li>Optimize Google AdWords landing pages.<\/li>\n<li>Run annual referral campaign with current customers.<\/li>\n<li>Give roses to customers for the month of February as a Valentine\u2019s Day promotion.<\/li>\n<li>Add colorful decals outside of clinic.<\/li>\n<\/ul>\n<h5><span style=\"font-weight: bold;\">Objective: <\/span>Increase employee satisfaction of frontline staff.<\/h5>\n<p><strong><span style=\"font-size: 16px;\">KRs:<\/span><\/strong><\/p>\n<ul>\n<li>Make employee retention rate 20% (employees who left\/total employees).<\/li>\n<li>Get eNPS (employee Net Promoter Score) to 30.<\/li>\n<li>Increase employee participation in group events by 50%.<\/li>\n<li>Increase employee participation in learning portal by 25%.<\/li>\n<\/ul>\n<p><strong><span style=\"font-size: 16px;\">Initiatives:<\/span><\/strong><\/p>\n<ul>\n<li>Launch eNPS program.<\/li>\n<li>Review who has completed training using custom forms in FranConnect.<\/li>\n<li>Have a staff holiday party.<\/li>\n<li>Allow team members to nominate each other weekly for \u201cspirit\u201d awards.<\/li>\n<\/ul>\n<p>Hopefully these sample objectives and key results have helped you out. Do you want to take it a step further? Learn more about strategy and <a href=\"https:\/\/www.franconnect.com\/industries\/personal-services\/salons-spas\/\" target=\"_blank\" rel=\"noopener\">salon and spa franchises<\/a> by checking out the following:<\/p>\n<p style=\"padding-left: 40px;\">About <a href=\"https:\/\/www.franconnect.com\/objectives-and-key-results-okr-in-franchising\/\" target=\"_blank\" rel=\"noopener\">Objectives and Key Results in Franchising<\/a><br \/>\nHow to be a <a href=\"https:\/\/www.franconnect.com\/how-to-be-a-collaborative-franchise-coach\/\" target=\"_blank\" rel=\"noopener\">Collaborative Franchise Business Coach (FBC)<\/a><\/p>\n<p><center><a class=\"maxbutton-1 maxbutton maxbutton-demo-request\" href=\"https:\/\/www.franconnect.com\/request-a-demo\/\"><span class='mb-text'>Request A Demo<\/span><\/a><\/center><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spas and salons help individuals relax and improve overall wellness. But how do you improve the wellness of the business? We explore sample OKRs here.<\/p>\n","protected":false},"author":17,"featured_media":283287,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[111,107,99,108],"tags":[56,43,45],"class_list":["post-279947","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analytics","category-develop","category-improve-performance","category-operate","tag-best-practices","tag-franchise-best-practices","tag-franchise-marketing"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"Spas and salons help individuals relax and improve overall wellness. 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