I can tell you from tracking data that deposits make at minimum a 20% improvement in income; increase safety; improve the quality of clients and make clear communication that a booking is firm. Deposits also facilitate touring, securing a pooled incall space (the fee for which is due whether the client shows up or not) and help to cover other expenses so that we can manage cash-flow.
And there are also client benefits such as having your time secured; knowing you’re not double-booked; and ensuring timeliness so we can stay on schedule and also respect yours.
Additionally, a deposit improves the level of service I can give and therefore the level of service you will receive. With a deposit I can confidently spend a nice amount of time tarting up including making beautycare appointments, cleaning my space, prepping gear and getting into the right mood because I know you’re coming. The personal investment that I’m going to make is just much higher with a deposit. And my stress goes way down, so I’m more happy and excited to meet you. Lower cortisol is good for orgasms guys!
Even more astonishingly, deposits are known to reduce the numbers of client car accidents and deaths of your grandparents!
To me deposits assist great clients in meeting great providers and so not something you should automatically fear but welcome once you’ve done enough research to be truly confident you’re in safe hands. And if you don’t have that confidence, maybe think twice about making the booking at all because losing a deposit should be the least of your worries in an industry where so much else can go wrong.