Episode 267: Crafting a Strong Group Class Pricing Structure
What We Cover In This Episode:
Recommendations for keeping your service menu simple and finite [4:05]
Flexible service menu options you can use when creating your pricing structure [5:18]
Why setting low prices to attract volume isn't an effective long-term pricing strategy for your business [12:11]
The benefits of including tiered membership options and examples of what this could look like [13:30]
A bundling strategy that can enhance the member experience and justify a higher price point [13:50]
A way you can reward long-term members for their commitment to your studio and what you will see…
The skinny
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