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Forum: Daycare Center and Family Home Forum 09-23-2019, 09:13 PM
Replies: 21
Views: 4,940
Posted By Myst_Seattle
Why Don't Daycare Publish Price Lists on The Internet?

Looking at websites of daycares one can notice a peculiar pattern - almost none of them ever publish their prices online. This seems strange as presumably this way they'd be able to filter out...
Forum: Daycare Center and Family Home Forum 08-27-2019, 12:58 PM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
Absolutely not. Shkreli created an artificial...

Absolutely not. Shkreli created an artificial scarcity by jacking up the price, instead of manufacturing more of the drug. Daycares are cannot be manufactured on a plant.
Forum: Daycare Center and Family Home Forum 08-27-2019, 12:27 AM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
I'm only adamant about the fact that waitlists...

I'm only adamant about the fact that waitlists could in theory be shortened through increased fees. The helpful people of this forum have already explained why they personally refuse to follow such...
Forum: Daycare Center and Family Home Forum 08-26-2019, 04:27 PM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
People in business class skip the lines to...

People in business class skip the lines to security and are the first to board the plane. Does this mean "the rules don't apply to them"? :) Of course not, they're paying for it fair and square. Same...
Forum: Daycare Center and Family Home Forum 08-26-2019, 03:29 PM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
Daycare providers could certainly use more money,...

Daycare providers could certainly use more money, won't they? :)

You've mentioned in an older post that you've PM'ed Tom Copeland. Did you get a response by any chance?
Forum: Daycare Center and Family Home Forum 08-26-2019, 02:58 PM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
As I've mentioned in a different post, an...

As I've mentioned in a different post, an alternative strategy could involve allowing people to pay a fee (say, $5000) to skip the waitlist and be the first to get a spot whenever one is free. There...
Forum: Daycare Center and Family Home Forum 08-26-2019, 11:20 AM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
Others have already explained why my idea might...

Others have already explained why my idea might not necessarily work out in practice for everyone, see the comments above. But here's how it works in theory:

1. Let's say your daycare is based in...
Forum: Daycare Center and Family Home Forum 08-23-2019, 02:53 PM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
That is absolutely true! Which is another reason...

That is absolutely true! Which is another reason why I find it strange that there's such a large shortage of daycare services, but for some reason daycare worker salaries are on the lower side of the...
Forum: Daycare Center and Family Home Forum 08-23-2019, 02:20 PM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
It's only unethical if its a backroom kind-of a...

It's only unethical if its a backroom kind-of a deal. If you have an official pricelist on your website with everything clearly explained its not unethical at all, in my opinion. Otherwise we should...
Forum: Daycare Center and Family Home Forum 08-23-2019, 01:49 PM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
It's only illegal if you pay a bribe to secure a...

It's only illegal if you pay a bribe to secure a spot. If you have an official pricelist for skipping the line its perfectly legal, just like you can skip the line at most airports for a fee. I've...
Forum: Daycare Center and Family Home Forum 08-23-2019, 12:20 PM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
I'm sorry I gave you that impression. I'm just...

I'm sorry I gave you that impression. I'm just asking why daycare providers don't raise their prices more. If part of the answer is "I don't want to price out everyone but the wealthiest parents",...
Forum: Daycare Center and Family Home Forum 08-23-2019, 11:14 AM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
That article is from 2016 and lists $381 per week...

That article is from 2016 and lists $381 per week for center based care, which is $1524 per month. Unfortunately costs have further increased around here, especially if you want something close to...
Forum: Daycare Center and Family Home Forum 08-23-2019, 11:09 AM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
Not really. This just shows that $2000 is not...

Not really. This just shows that $2000 is not high enough, which isn't surprising as we have tens of thousands of highly paid Boeing, Microsoft, Amazon, Google employees living in the city. However...
Forum: Daycare Center and Family Home Forum 08-23-2019, 10:15 AM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
In Seattle the average daycare price is somewhere...

In Seattle the average daycare price is somewhere around $2000/month which already prices out a large percentage of families. People deal with in various ways, just like my grand grandparents dealed...
Forum: Daycare Center and Family Home Forum 08-23-2019, 09:43 AM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
Got it. So essentially daycares are trying to...

Got it. So essentially daycares are trying to avoid being accused of unethical behaviour and thus losing clients in the long term. Otherwise everyone would maximize their prices or charge fees to...
Forum: Daycare Center and Family Home Forum 08-23-2019, 08:32 AM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
I'm not trying to convince anyone I know more...

I'm not trying to convince anyone I know more about their business than they do! Obviously I don't know jack about how to run a daycare. Otherwise I wouldn't be here asking the sages of Daycare.com...
Forum: Daycare Center and Family Home Forum 08-23-2019, 08:19 AM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
Obviously they do! If they didn't, I would have...

Obviously they do! If they didn't, I would have been here asking this question :) However I'm curious why they do this - both small daycare centers and large corporations like Bright Horizons....
Forum: Daycare Center and Family Home Forum 08-23-2019, 08:08 AM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
Thank you for the response, now we're finally...

Thank you for the response, now we're finally getting to a real answer :) So you're saying people won't drop off the waitlist but would refuse the spot eventually and leave you with no clients in the...
Forum: Daycare Center and Family Home Forum 08-22-2019, 06:39 PM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
I'm not waiting for an opening right now, but I...

I'm not waiting for an opening right now, but I would have to be if I decide to have a child in Seattle. I'm also surrounded by people who've recently moved to the city and are struggling to find...
Forum: Daycare Center and Family Home Forum 08-22-2019, 05:37 PM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
By increasing the prices you're helping: 1....

By increasing the prices you're helping:

1. Yourself as the business owner, as your profit margins go up. This might additionally incentivize you to expand the daycare in the future.
2. Daycare...
Forum: Daycare Center and Family Home Forum 08-22-2019, 03:08 PM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
This just means that you have a superior product...

This just means that you have a superior product and people are willing to pay your company more than to competition. You could most likely increase the prices even more while still working at full...
Forum: Daycare Center and Family Home Forum 08-22-2019, 02:08 PM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
The need would still be there, but you won't have...

The need would still be there, but you won't have to wait for it. Just like you can always buy a plane ticket for Christmas, even if it costs a lot more than on other days. Likewise it is easy to buy...
Forum: Daycare Center and Family Home Forum 08-22-2019, 01:29 PM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
Here in Seattle a lot of parents do end up...

Here in Seattle a lot of parents do end up waiting for a long time. Getting a full-time nanny is an alternative solution, but good nannies are very hard to find.

Some parents might also find a...
Forum: Daycare Center and Family Home Forum 08-21-2019, 03:51 PM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
In this case, wouldn't you want to keep...

In this case, wouldn't you want to keep increasing the price until you reach the "breaking point" and start seeing a decrease in the queue? I mean, it's basically free money as you'd get paid more...
Forum: Daycare Center and Family Home Forum 08-21-2019, 02:17 PM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
I fully agree that it won't let you increase your...

I fully agree that it won't let you increase your capacity, but in theory it should increase your profit margin. Let's say you are currently charging $100 per week and have a 3 year waitlist. If you...
Forum: Daycare Center and Family Home Forum 08-21-2019, 12:08 AM
Replies: 118
Views: 9,686
Posted By Myst_Seattle
Why Do Daycares Use Waitlists Instead of Raising Prices to Meet The Demand?

I've been looking into the pricing of daycares here in Seattle and one thing was surprising to me - for some reason all daycares have huge waitlists, with some parents reporting they've spent up to...