RR Mod 1 Triple Win

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Questions and Answers

What is the triple win?

  • A new retail product
  • A type of salon service
  • A marketing campaign for salons
  • A belief system at Summit Salon Business Center (correct)

True or false:The triple win is a belief system at Summit Salon Business Center.

True (A)

Who benefits from the triple win?

  • The customer, team, and salon company (correct)
  • Only the salon team
  • Only the customer
  • Only the salon company

True or false: The triple win involves benefits for the customer, team, and salon equipment.

<p>False (B)</p> Signup and view all the answers

What can be analyzed through the triple win?

<p>Retail revenue (C)</p> Signup and view all the answers

True or false: Retail cannot be analyzed through the triple win.

<p>False (B)</p> Signup and view all the answers

What benefits do salon guests receive from the triple win?

<p>Ability to recreate their look and product guarantees (D)</p> Signup and view all the answers

True or false: Benefits for the salon guest include the ability to recreate their look and product guarantees.

<p>True (A)</p> Signup and view all the answers

What benefits do salon teams receive from the triple win?

<p>More referrals and hitting retail goals for bonuses and pay raises (A)</p> Signup and view all the answers

True or false: Benefits for the salon team include fewer referrals and hitting retail goals for bonuses and pay raises.

<p>False (B)</p> Signup and view all the answers

What benefits do salon companies receive from the triple win?

<p>Retention, earning reward points, and strong profitability (C)</p> Signup and view all the answers

True or false: Benefits for the salon company include retention, earning reward points, and strong profitability.

<p>True (B)</p> Signup and view all the answers

What is the importance of considering the triple win?

<p>It benefits all parties involved (C)</p> Signup and view all the answers

True or false: The triple win is not important to consider from different angles.

<p>False (B)</p> Signup and view all the answers

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Study Notes

  • The triple win is a belief system at Summit Salon Business Center.
  • It involves benefits for the customer, team, and salon company.
  • Retail can be analyzed through the triple win.
  • Benefits for the salon guest include the ability to recreate their look and product guarantees.
  • Benefits for the salon team include more referrals and hitting retail goals for bonuses and pay raises.
  • Benefits for the salon company include retention, earning reward points, and strong profitability.
  • Retail revenue has many benefits for all parties involved.
  • The triple win is important to consider from different angles.
  • A worksheet can be used to identify additional benefits.
  • The triple win is a key principle at Summit Salon Business Center.

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