My dh is an LMT, and I am in the internship phase of massage school now.
After three years (for him- two solely working on horses and one+ working with both horses and people), we are STILL trying to decide on a solid pricing setup.
The problem is the same that so many have- not wanting to charge "too much", while still charging "enough". He was charging $70 for a "barn call", per horse, no trip fee, before. That was cool- those who couldn't afford it, simply didn't call him.
Working on people, though, has proven more challenging (from the pricing/business standpoint at least). It doesn't help that he has worked under less-than-ideal circumstances, not having an office of his own until recently (as in, we got one a month ago). One place he "worked out of", he COULD set his own prices IF he booked his own appointments. If the front desk booked the appointment, the client was charged according to their price schedule. As this was at a local massage school, they didn't charge much, and so dh's cut of that was even less. It did keep us going though.
Now that we have our own place, though, we MUST make some hard-fast rules (at least on paper). We have a marketing expert helping us get some materials ready, and she thinks he MUST have different levels of service, rather than charging one rate for what he essentially does for everyone- that is, whatever he and the client deem necessary for that particular session, whether it involves using his hot stones (he uses them therapeutically in most of his massages), or any of the advanced modalities he knows.
There's a fellow nearby (different city, but close to where we are) who does work very similar to what dh does, and he has been in business of over 5 years, and he charges (I think) $55 an hour. He says that he has been successful and is booked as much as he wants to be BECAUSE he charges this amount. I don't know if he has ever raised his rates or if this is what he started out at.
Dh has worked several times on a local MTI, who claims that even at $85 he is under-pricing himself. She thinks he should charge more for what he does. She says that he should charge one rate- $85, not $55. That's a big difference, LOL!
So on one hand, we have the "marketer" saying that we should have "tiered pricing", complete with different levels of service (even if all we do is put that down on paper, and dh ends up charging folks all the same anyway).
On the other hand, we have the other, male (unfortunately, this does matter), successful close-by MT who is encouraging dh to charge less because "as a man in this business, price is a big draw".
On the OTHER hand (hey, we're a twosome, so we have 4 hands available), we have the experienced MTI who says that he isn't charging enough right now. (I believe dh is charging folks $65/hour right now).
Here's the fourth hand (see? toldja we had 4 hands!): what about when I join him in practice? I'll be "fresh outta school", and I KNOW I can't do "what he does". He has his own brand of "magic", and while he has and will teach me a lot, we both know that I am going to end up developing my own style and techniques, and his tried-n-true clients are not going to want to leave him, even for me, even for less $$.
So, here's the dilemma: Dh is not comfortable even saying he does Swedish (he never does a "plain old Swedish" massage- ever. He always has to throw in something else!). He is not comfortable charging different prices when he always gives every massage his "all". He is also not comfortable charging $85- or more!
But if dh does decide to just charge a flat rate, and it is a lower rate (he can't go down as low as $55, but as I said, $65 seems to keep "sticking out"), what do we charge for MY massages when I join him? The "going rate" for the other MT's in the building we have the office in is $65, and they take "undercutting" VERY seriously (eh, that is a nice way of putting it).
Do we charge the same for both his experience and my "fresh style" (LOL)? Would that be fair to his client, or to mine? Would that be fair to HIM, or to ME?
I told him we should probably make out a "tiered pricing chart" to stick up on the wall and include in our marketing materials, and just do what we want as far as combining/discounting rates in the privacy of the room. He says, half-joking, that once I have my license, I'll be way busier than he, and he'll have only his "therapeutic" clients to deal with anymore (because of being female). I say baloney!
If this was your decision, what would you do?
I won't even go into the conversations we've had over whether to offer packages, gift certificates, and other discounts! LOL!
After three years (for him- two solely working on horses and one+ working with both horses and people), we are STILL trying to decide on a solid pricing setup.
The problem is the same that so many have- not wanting to charge "too much", while still charging "enough". He was charging $70 for a "barn call", per horse, no trip fee, before. That was cool- those who couldn't afford it, simply didn't call him.
Working on people, though, has proven more challenging (from the pricing/business standpoint at least). It doesn't help that he has worked under less-than-ideal circumstances, not having an office of his own until recently (as in, we got one a month ago). One place he "worked out of", he COULD set his own prices IF he booked his own appointments. If the front desk booked the appointment, the client was charged according to their price schedule. As this was at a local massage school, they didn't charge much, and so dh's cut of that was even less. It did keep us going though.
Now that we have our own place, though, we MUST make some hard-fast rules (at least on paper). We have a marketing expert helping us get some materials ready, and she thinks he MUST have different levels of service, rather than charging one rate for what he essentially does for everyone- that is, whatever he and the client deem necessary for that particular session, whether it involves using his hot stones (he uses them therapeutically in most of his massages), or any of the advanced modalities he knows.
There's a fellow nearby (different city, but close to where we are) who does work very similar to what dh does, and he has been in business of over 5 years, and he charges (I think) $55 an hour. He says that he has been successful and is booked as much as he wants to be BECAUSE he charges this amount. I don't know if he has ever raised his rates or if this is what he started out at.
Dh has worked several times on a local MTI, who claims that even at $85 he is under-pricing himself. She thinks he should charge more for what he does. She says that he should charge one rate- $85, not $55. That's a big difference, LOL!
So on one hand, we have the "marketer" saying that we should have "tiered pricing", complete with different levels of service (even if all we do is put that down on paper, and dh ends up charging folks all the same anyway).
On the other hand, we have the other, male (unfortunately, this does matter), successful close-by MT who is encouraging dh to charge less because "as a man in this business, price is a big draw".
On the OTHER hand (hey, we're a twosome, so we have 4 hands available), we have the experienced MTI who says that he isn't charging enough right now. (I believe dh is charging folks $65/hour right now).
Here's the fourth hand (see? toldja we had 4 hands!): what about when I join him in practice? I'll be "fresh outta school", and I KNOW I can't do "what he does". He has his own brand of "magic", and while he has and will teach me a lot, we both know that I am going to end up developing my own style and techniques, and his tried-n-true clients are not going to want to leave him, even for me, even for less $$.
So, here's the dilemma: Dh is not comfortable even saying he does Swedish (he never does a "plain old Swedish" massage- ever. He always has to throw in something else!). He is not comfortable charging different prices when he always gives every massage his "all". He is also not comfortable charging $85- or more!
But if dh does decide to just charge a flat rate, and it is a lower rate (he can't go down as low as $55, but as I said, $65 seems to keep "sticking out"), what do we charge for MY massages when I join him? The "going rate" for the other MT's in the building we have the office in is $65, and they take "undercutting" VERY seriously (eh, that is a nice way of putting it).
Do we charge the same for both his experience and my "fresh style" (LOL)? Would that be fair to his client, or to mine? Would that be fair to HIM, or to ME?
I told him we should probably make out a "tiered pricing chart" to stick up on the wall and include in our marketing materials, and just do what we want as far as combining/discounting rates in the privacy of the room. He says, half-joking, that once I have my license, I'll be way busier than he, and he'll have only his "therapeutic" clients to deal with anymore (because of being female). I say baloney!
If this was your decision, what would you do?
I won't even go into the conversations we've had over whether to offer packages, gift certificates, and other discounts! LOL!