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Dance Business Free Growth Hub

164 members โ€ข Free

3 contributions to Dance Business Free Growth Hub
Celebrating the big wins too!
Yesterday was a dream. We opened Savvy Studios - Studio III. What started off as a joke (be careful what you throw out into the universe!) with me looking at the building and saying โ€œthat'll be mine one dayโ€ (ha ha donโ€™t be crazy thatโ€™ll never happen) ended up in the dreamiest of studio renovations. It happened. Itโ€™s real. Iโ€™m in love โค๏ธ Sending out lots of good fortune and happy vibes as my cup is overflowing so please help yourself!!
Celebrating the big wins too!
1 like โ€ข Sep '25
Huge congrats. Seeing it as an empty building and knowing the challenges you had to seeing the open day has been a joy! Well done for following your heart and trusting your gut. You did it. Now enjoy this moment of celebration x
๐Ÿ”ฅ
Mar '25 โ€ขย 
๐Ÿ’ฌ General Discussion
Increasing Customer LTV (Life Time Value)
In business, there's a term LTV which is talked about a lot... Increasing customer lifetime value is a win-win situation. You provide more value to the customers (students and parents) you already serve, and you increase business revenue... Without spending any more on marketing. As a dance teacher or studio owner, you're not just in the business of teaching danceโ€”youโ€™re also running a business that thrives on student engagement and retention. Increasing the Lifetime Value (LTV) of your students is one of the smartest ways to grow your revenue while strengthening your schoolโ€™s community. Even small changes, like encouraging your "one class a week" students to take just one more class, can make a huge difference. Letโ€™s explore how upselling and a few creative strategies can help you boost your studentsโ€™ LTV and create a more profitable, impactful dance school. The Power of Upselling: Doubling Revenue with One Extra Class Letโ€™s start with a simple example. Imagine your AVERAGE student currently pays ยฃ33 a month for one class a week. If you upsell them to take just one more class a week, thatโ€™s an additional ยฃ33 a month. - Before Upsell: ยฃ33/month = ยฃ396/year - After Upsell: ยฃ66/month = ยฃ792/year Thatโ€™s double the revenue from just one student! Imagine if just 10 students took up this offer. Youโ€™d increase your revenue by almost ยฃ4,000 a year with minimal effort. Upselling isnโ€™t just about boosting revenue, itโ€™s about offering students more opportunities to grow and enjoy their dance journey, so you should never feel guilty or greedy because of this. *Ways to increase student LTV* Beyond upselling additional classes, here are some other ways to boost your studentsโ€™ value to your business while enhancing their overall experience: 1๏ธโƒฃ Merchandise Sales Branded dancewear, water bottles, or accessories are a win-win. Students love representing their school, and you create an additional revenue stream. Even small items like stickers or notebooks can add up over time.
2 likes โ€ข Mar '25
Upselling is something I did for years before I started working with a business coach and realising what i was doing lol! So yes, this is something we do naturally and can I say, really well too! If only getting new students was as easy as upselling!
Free Trial vs Paid Trials
Just because Iโ€™m interested to know and Iโ€™m weighing up the proโ€™s & cons! Do you offer a free trial, reduced rate trial or a fully paid trial before a child subscribes to your membership? We offer free trial but Michelle and I are arguing with ourselves as to if we should charge even a small fee to add value to the trial? Any opinions or advise is valued ๐Ÿฅฐ
1 like โ€ข Mar '25
I do a four week paid trial at the same cost of what a month would be so that when they sign up there is no surprises as to what the fee would be. I used to be free, but switched and found that whilst I may not get as many in for a trial my conversion rate to enrolment is higher because I am attracting the right people for my school.
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Kim Rogers
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42 points to level up
@kim-rogers-6243
๐Ÿฆ‹ Mindset Coach ๐Ÿ“ฃ Public Speaker ๐ŸŒ Founder - The Butterfly Mind ๐ŸŒ Principal PH Academy of Dance

Active 194d ago
Joined Feb 25, 2025
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