Tutor Business – Some different pricing strategies

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There are many different ways you can bill your clients. We’ve listed a few examples below, but the list is by no means an exhaustive list. The best system for you may not be the best system for me. This is a great reason why you should be testing things. Once you’ve found something that works refine and tweak it. Whatever system you choose make sure you have an agreement in place. We have a sample of one of those in our tutoring guide.

1. Bill your clients by the tutoring session. For our example we’ll say we charge $25/ hour for our tutoring. If you bill by the tutor session then you would get $25 after each session. I really don’t recommend this method.

2. Monthly billing. You bill your client in advance for x number of tutoring sessions during the month. So if you’re tutoring someone twice a week for four weeks their bill would be $200.00.

3. Hourly bill – in advance. You bill them for x number of hours in advance. I like this method because you can tweak it so you’re customers save money and everyone loves to save money.  Here are some examples. Buy 5 sessions for the normal price. 10 sessions they save 5%. 20 sessions they can save 10%. So using our example sessions would be $125, $237.50, $450.00. Again you can change the number of sessions or the percentages. Choose what would work for your tutoring business.

Again these are some ideas. Monday we’ll be talking about some ad ons to help you increase your income. Tuesday we’ll talk about how to setup your paypal account so you can take subscriptions easily. We hope you have a wonderful weekend.