Daycare.com Forum Daycare Forum

Go Back   Daycare.com Forum > Main Category > Daycare Center and Family Home Forum

Daycare Center and Family Home Forum Daycare Center and Family Home owners, Directors, Operators and Assistants should post and ask questions here.

Reply
 
Thread Tools Display Modes
  #1  
Old 02-05-2014, 04:00 PM
kelsey's kids's Avatar
kelsey's kids kelsey's kids is offline
Daycare.com Member
 
Join Date: Apr 2013
Location: Washington
Posts: 246
Default Lower Rates?

So I posted earlier about offering a discount and that has lead me to maybe lower ny rates all together. I have checked the online resource and my rates seem to be about median for most ages. But the two largest centers in my area charge 40 less than me a month. Would you lower your rates to be more competitive with the market or stay the same?
Reply With Quote
  #2  
Old 02-05-2014, 04:29 PM
originalkat's Avatar
originalkat originalkat is offline
Daycare.com Member
 
Join Date: Dec 2009
Location: Kansas
Posts: 1,389
Default

I think one of the keys to me staying full is being competitive with my rates. That does not mean I am the lowest by any means, but when a parent comes to my program and sees the quality they are getting and then hears the price- they are sold. That is what I attribute to my success... Quality at a competitive price. So if u need to lower your rates to be competitive then you may find you fill up faster and stay that way.
__________________
Originalkat
Reply With Quote
  #3  
Old 02-05-2014, 05:08 PM
Cat Herder's Avatar
Cat Herder Cat Herder is offline
Advanced Daycare.com Member
 
Join Date: Dec 2010
Posts: 13,753
Default

Can you pay your bills, save for emergencies and put a little back for retirement with that lowered amount?

If so, go for it
__________________
- Unless otherwise stated, all my posts are personal opinion and worth what you paid for them.
Reply With Quote
  #4  
Old 02-05-2014, 06:28 PM
kelsey's kids's Avatar
kelsey's kids kelsey's kids is offline
Daycare.com Member
 
Join Date: Apr 2013
Location: Washington
Posts: 246
Default

Quote:
Originally Posted by originalkat:432033
I think one of the keys to me staying full is being competitive with my rates. That does not mean I am the lowest by any means, but when a parent comes to my program and sees the quality they are getting and then hears the price- they are sold. That is what I attribute to my success... Quality at a competitive price. So if u need to lower your rates to be competitive then you may find you fill up faster and stay that way.
Do you tell rates on the phone or only at the interview? And whenn ask what do you say if you dont tell on the phone. Maybe that is the problem people always ask before they hear or see my program.
Reply With Quote
  #5  
Old 02-05-2014, 06:35 PM
Cradle2crayons's Avatar
Cradle2crayons Cradle2crayons is offline
Daycare.com Member
 
Join Date: Apr 2013
Location: Deep in the woods....
Posts: 3,634
Default

Quote:
Originally Posted by kelsey's kids View Post
Do you tell rates on the phone or only at the interview? And whenn ask what do you say if you dont tell on the phone. Maybe that is the problem people always ask before they hear or see my program.
I don't give rates on the phone. I tell them rates depend on days and hours and get them here first.
Reply With Quote
  #6  
Old 02-05-2014, 10:50 PM
TwinKristi's Avatar
TwinKristi TwinKristi is offline
Family Childcare Provider
 
Join Date: Aug 2013
Location: California
Posts: 2,389
Default

I do tell people but I also tell people my rate depends on their hours and days of need and range from $45-50 a day. I haven't had anyone balk at my prices or complain that they're too high. I know it's what everyone else charges in my area maybe $5 more max.
Reply With Quote
Reply

Tags
competition, competitive rates, lower rates

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Raising Rates, Renewing Contracts Abigail Daycare Center and Family Home Forum 9 01-03-2014 01:18 PM
Raise Rates Yearly? Or Lower When They're Older? LaLa1923 Daycare Center and Family Home Forum 20 05-07-2013 01:41 PM
Should I Lower My Rates?? vaughn40 Parents and Guardians Forum 8 12-31-2012 04:48 PM
Hate Sitting On The Stress Ledge! Do I Lower My Rates? Kimberli Daycare Center and Family Home Forum 3 11-07-2012 02:55 PM
Raising Rates? Soccermom Daycare Center and Family Home Forum 5 10-07-2012 03:48 PM


All times are GMT -7. The time now is 03:22 AM.



Daycare.com         Find A Daycare         List Your Daycare         Toys & Products                 About Us

Daycare.com
Please read our Disclaimer before continuing.

Topics pertain mainly to the following States:

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming