The Mudcat Café TM
Thread #46156   Message #683754
Posted By: Mooh
05-Apr-02 - 11:56 AM
Thread Name: Fair Price for Lessons?
Subject: RE: Fair Price for Lessons?
There's no typical price for lessons. Variables like frequency, length, resources, expertise, market forces, location, overhead, teacher and student demands, instrument requirements, and so on, will affect the charge.

I charge $20.00/hour, every second week, cash up front, for guitar, bass, uke, mandolin and banjo lessons, in rural southern Ontario. The same service in an urban setting would net me considerably more, but I like where I live and the overhead is quite low. My price will rise in the fall by about 10% because I've kept it artificially low for two years in order to compete in the marketplace and to attract students. This will no longer be necessary. I've also kept a lid on my business at about 20 hours per week this year but that too will rise next fall. The only reason I don't do it full time is because I like the safety net provided by a part-time job with pension and benefit plans, which I might leave in the future when I decide to semi-retire. I charge more for extras sometimes, like self-recorded backing track cds, instrument repairs, band coaching, etc, but I just as often teach overtime for nothing, and provide tons of free written materials.

Using the internet I have researched prices for music instruction and have found I'm at the low end for what I offer, but I had to enter the local market competitively, and that market was underpriced.

My location is only providing me with 3 bass students at the moment (compared with 40 on other instruments), though the city would provide more. If Frank enters the market at the same prices as others, he'll likely reduce someone's waiting list. Networking with the competition can be beneficial.

Good luck.

Peace, Mooh.