Why it’s important to compare what you offer to other tutors

What you set your lesson rates at will have the biggest impact on your income. Although that seems obvious, the truth is that many tutors don’t put serious thought into setting their rates. As a result, they either price themselves so low they don't make much money, or they set them so high that nobody wants to go with them. This guide will help you work out the best possible rate to charge your students.

This guide uses real life case studies to help you understand how to effectively set your rates.

In this part, we will look at how to find your local competitors and work out a way to offer a better service for students. After comparing your competition, you will be able to decide how to price your lessons to maximize your income, as well as keep your students satisfied. After you read through this guide, check out BPL-09 Setting Your Rates 2: Prepaid Lessons & Discounts for more specific strategies to increase your income.

Only Live and Teach Guitar Members have access to this resource and all other resources on the site.

If you're a member, please login to access this resource

If you're not a member yet, find out how our professional materials, resources and support can help you succeed as a guitar teacher here.

Please login or register to gain full access now