Lower Rates?

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  • kelsey's kids
    Daycare.com Member
    • Apr 2013
    • 248

    Lower Rates?

    So I posted earlier about offering a discount and that has lead me to maybe lower ny rates all together. I have checked the online resource and my rates seem to be about median for most ages. But the two largest centers in my area charge 40 less than me a month. Would you lower your rates to be more competitive with the market or stay the same?
  • originalkat
    Daycare.com Member
    • Dec 2009
    • 1392

    #2
    I think one of the keys to me staying full is being competitive with my rates. That does not mean I am the lowest by any means, but when a parent comes to my program and sees the quality they are getting and then hears the price- they are sold. That is what I attribute to my success... Quality at a competitive price. So if u need to lower your rates to be competitive then you may find you fill up faster and stay that way.

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    • Cat Herder
      Advanced Daycare.com Member
      • Dec 2010
      • 13744

      #3
      Can you pay your bills, save for emergencies and put a little back for retirement with that lowered amount?

      If so, go for it
      - Unless otherwise stated, all my posts are personal opinion and worth what you paid for them.

      Comment

      • kelsey's kids
        Daycare.com Member
        • Apr 2013
        • 248

        #4
        Originally posted by originalkat:432033
        I think one of the keys to me staying full is being competitive with my rates. That does not mean I am the lowest by any means, but when a parent comes to my program and sees the quality they are getting and then hears the price- they are sold. That is what I attribute to my success... Quality at a competitive price. So if u need to lower your rates to be competitive then you may find you fill up faster and stay that way.
        Do you tell rates on the phone or only at the interview? And whenn ask what do you say if you dont tell on the phone. Maybe that is the problem people always ask before they hear or see my program.

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        • Cradle2crayons
          Daycare.com Member
          • Apr 2013
          • 3642

          #5
          Originally posted by kelsey's kids
          Do you tell rates on the phone or only at the interview? And whenn ask what do you say if you dont tell on the phone. Maybe that is the problem people always ask before they hear or see my program.
          I don't give rates on the phone. I tell them rates depend on days and hours and get them here first.

          Comment

          • TwinKristi
            Family Childcare Provider
            • Aug 2013
            • 2390

            #6
            I do tell people but I also tell people my rate depends on their hours and days of need and range from $45-50 a day. I haven't had anyone balk at my prices or complain that they're too high. I know it's what everyone else charges in my area maybe $5 more max.

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