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I'm creating this topic cause my previous blog seems to have gone this route!
So tell me MT's what are your thoughts on MT's rates, should they be set across the board, should MT's have flexability?
What about those that Under Charge & How do U define Under charging?
Do you apply this thought process in your own life, or are you a hippocrit?
Do you feel MT's are our own worst enemies?
I'll respond to these ?'s and comments as others do!
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Hi Chance -
You put up your first thread using the words arrogant/stubborn which made me think you have a rather strong opinion about therapist's, their rates and how they do business. I wasn't quite sure where you were going with that one other than expressing displeasure (which we all do time to time).
As to this one - Rates set across the board? Of course not. If you own your own business-you have flexibility. Under charge? I don't worry about what other MT's charge - it's up to them. Thought process/hypocrite? - not sure what you're asking there. Own worst enemies - no.
I own my own business and I set my rates based on my business expenses (rent, supplies, continuing education, insurance, association fees, marketing, taxes) and also on how much money I need to support my family and have a reasonable life style. I have been in this profession for a while and know how much it takes to support the above. I am in the middle as to charging in my area and that works for me. I have received massages from therapists recently that the massage was just okay and they are charging more than me. Their education and skill level (IMO) are not as high as mine, but I am not basing my rates on theirs. I believe in keeping massage affordable for my clients. I do not want them to look at it as a once in a while luxury, but as part of their wellness program so I am keeping the cost reasonable.
Bottom line - I am aware of, but, not focused on what others are charging - that is up to them. I'm curious why this topic holds such interest for you?
Hi Chance -
You put up your first thread using the words arrogant/stubborn which made me think you have a rather strong opinion about therapist's, their rates and how they do business. I wasn't quite sure where you were going with that one other than expressing displeasure (which we all do time to time).
As to this one - Rates set across the board? Of course not. If you own your own business-you have flexibility. Under charge? I don't worry about what other MT's charge - it's up to them. Thought process/hypocrite? - not sure what you're asking there. Own worst enemies - no.
I own my own business and I set my rates based on my business expenses (rent, supplies, continuing education, insurance, association fees, marketing, taxes) and also on how much money I need to support my family and have a reasonable life style. I have been in this profession for a while and know how much it takes to support the above. I am in the middle as to charging in my area and that works for me. I have received massages from therapists recently that the massage was just okay and they are charging more than me. Their education and skill level (IMO) are not as high as mine, but I am not basing my rates on theirs. I believe in keeping massage affordable for my clients. I do not want them to look at it as a once in a while luxury, but as part of their wellness program so I am keeping the cost reasonable.
Bottom line - I am aware of, but, not focused on what others are charging - that is up to them. I'm curious why this topic holds such interest for you?
"Do you apply this thought process in your own life, or are you a hippocrit?"
This is one of my hot buttons. I know it's absolutely none of my business what other therapists charge. However it really irritates me when someone brags about 'charging a premium' in one sentence, then turns around and complains about high prices in the next. If you charge high rates, don't disparage anyone else who does the same. If you charge above market prices for massage, don't go to Massage Envy yourself. Stand behind your own principles and pay the big bucks. Doing anything else makes you a hypocrite.
I personally search for the best product at the best price. There are so many massage therapists that it's not hard to find a really good one who charges at or below market price. Since I demand top service at or below market price, this is exactly what I offer my clients.
I apply my thought process consistently throughout my own life.
I was not trying to find out how much you make or anything like that at all. I don't really care but you started the discussion saying you were undercutting your fees and then turned the ball around....Just trying to get clear info and get you to ask your question clearly.
i wasn't calling you out on anything nor upset to need calming down. Everything is being written from a completely calm place of wondering where you are coming from.
Thanks
Julie
Ps I have never even been in a Walmart.
It is almost impossible to "undercut" in a service industry, since "undercutting" usually refers to someone pricing below their variable costs of production (like the Chinese dumping cheap steel in the US to drive out US competitiors)
In a service environment such as massage, the only variable costs are your laundry and massage product, so it is pretty hard to charge below $3 for a massage. Anything above $3 goes towards offsetting fixed costs, and, while not viable or smart, does not constitute undercutting.
It is almost impossible to "undercut" in a service industry, since "undercutting" usually refers to someone pricing below their variable costs of production (like the Chinese dumping cheap steel in the US to drive out US competitiors)
In a service environment such as massage, the only variable costs are your laundry and massage product, so it is pretty hard to charge below $3 for a massage. Anything above $3 goes towards offsetting fixed costs, and, while not viable or smart, does not constitute undercutting.
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