For health & wellness
How health and wellness businesses use Red Rock Trade
A health or wellness business, like massage, chiropractic, training, salons and spas, earns credits by filling open appointment slots with other members, then spends them on marketing, décor, printing and professional services. One credit is $1 of purchasing power with members. Credits are spent only inside the network.
Why it works for wellness
An empty appointment slot is gone for good once the hour passes. Wellness businesses have a steady supply of them. Filling those slots with member bookings turns unused time into earned credits, while your cash stays free for rent and supplies.
Earn credits
The easiest credits come from time on your schedule that is not booked yet. A few ways wellness businesses put that time to work:
- Fill open massage, chiropractic or training slots.
- Sell memberships and packages to members.
- Offer off-peak and new-client appointments.
- Host wellness events for members at your studio.
Spend credits
Each credit is $1 of purchasing power with any member business, not just the one that booked with you. Where wellness businesses tend to spend them:
- Marketing, social media and photography.
- Studio décor and furnishings.
- Printed materials and packaging.
- Bookkeeping and professional services.
- Team meals and appreciation.
An example of how it adds up
Illustrative scenario, not a guarantee
Here is one way it could look. Filling several open slots a week could pay for a studio refresh and a season of marketing over a few months. Unspent credits roll forward month to month. Your actual results will vary with your schedule and demand in the network.
Health & wellness FAQ
- How does a wellness business earn credits?
- A wellness business earns credits by filling open appointment slots with other Red Rock Trade members. Memberships and packages sold to members, off-peak appointments and wellness events for members are common ways to fill the schedule. Credits post when the member confirms, or on their own after 7 days.
- What can I spend credits on?
- Wellness businesses usually spend credits on marketing and photography, studio décor and furnishings, printed materials and packaging, bookkeeping and professional services, and team meals. You can spend with any member business, not only your own clients.
- Do I have to open my whole schedule to trade?
- No. You choose which services take trade and when, so you can keep trade to off-peak hours. Cash clients stay exactly as they are, and you can pause new trade customers anytime with one switch.
- Is trade income taxable for my practice?
- Yes. The IRS treats trade income like cash income in the year the trade happens. After year end, Red Rock Trade sends each business a Form 1099-B for its trade. Your normal tax obligations stay with you, so see IRS Topic No. 420 and confirm the details with your CPA.
New here? Read how Red Rock Trade works, how credits work and taxes on trade. Related industries: restaurants and cafés, marketing and print shops, retail shops and boutiques.
Ready to fill your open slots?
One monthly price with no transaction fees. Plans start at $59 a month. Every new member starts with 100 welcome credits to spend with any member.