> However--you might want to think about raising your > prices slowly. People > tend to become extremely upset when the price goes > up, even if they KNOW it > is warranted. Doing it gradually might keep you > from losing > students...........
From my experience, when I got my MA, I raised my rate by $10 per hour. For all new students, I simply quoted them that rate. For continuing students, I raised by $5 first, then $5 again a few months later. This worked well - paying an extra $20 a month and then another $20 a month a few months later allowed my students to adjust their budgets. No one even questioned the raise and I lost no students.
For some of the more expensive teachers I have known or studied with, twice-a-month lessons were offered. Although it goes without saying that less is accomplished, it gives the students an introduction they can afford before committing to a daunting sum of money. Inevitably, when they witness progress, they will find the money to take weekly.
I have found this to be true in my own studio as well, although I do not charge as much as the teachers I am referencing, who all teach at the same University and have agreed to all price lessons at the same rate - way above what the market here is. (Basically, this means they gouge their university students in between semesters!)
__________________________________________________ Yahoo! Sports - sign up for Fantasy Baseball http://sports.yahoo.com
|
| |