...then the average student pays about $26-30 per visit to the studio if you want to compare
Per visit to the studio! Love it! LOL!
You're comparing apples to oranges. I compared apples to apples.
What you're saying is your privates are comparably priced, however, you charge $26 - $30 per group class, per practice session & per supervised session. Am I correct that they are all 45 minute sessions?
I'll go middle of the road here $28 your price.
A. Group classes:
Here $8/1 hour 20 min = $6/hr. = $4.50/45 minutes
$4.50 vs. $28.00
B. Practice
here $42/year membership = $0.81/week
This gets me access to 6 1/2 hours of practice per week on 3 full sized dance floors. Approximately half is supervised. I'll use 6 hours for comparison.
6 hours = 8 forty-five minute sessions
That's approximately:
$0.10 vs. $28
Now, at $0.10 our floors tend to get crowded:
Wednesday approx. 100 people
Friday approx. 60
Sunday morning: 24
Sunday evening: 60 (beginner's extra 1 hour supervised practice not included in the calculation above)
I was very specific in my comparison:
If you choose to pass on group classes and practices of equal time and quality independently available through the other sources cited above then "essentially" and I stress "essentially" one is paying the equivalent of X amount of dollars for privates for the example cited at the beginning of this thread regardless if they are part of a package.
From a business perspective it makes great sense. From a consummer point of view an opposite case can be made.
Regardless, I think we're at a point of beating a dead horse and there seems to be a total lack of humour in this thread now.
OB movin' on