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?
Lower Rates?
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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.- Flag
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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.- Flag
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Originally posted by originalkat:432033I 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.- Flag
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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.- Flag
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