Modernize Your Lesson Program Today Working Together to Build Our Musical Future.

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Presentation transcript:

Modernize Your Lesson Program Today Working Together to Build Our Musical Future

Overcoming Inertia

Appetizers

Interest in Music Lessons Recent Gallup Poll said that 49% of Americans say they have tried music lessons at some point in their lives.

Interest in Music Lessons Recent Gallop Poll said that 49% of Americans say they have tried music lessons at some point in their lives. A recent NAMM Poll found that only 7% of Americans today consider themselves to be “Active Music Makers.”

Interest in Music Lessons Recent Gallop Poll said that 49% of Americans say they have tried music lessons at some point in their lives. A recent NAMM Poll found that only 7% of Americans today consider themselves to be “Active Music Makers.” We have massive growth potential.

Families – Our Primary Clients

“Mom and Dad”

Creating Comfort “Comfy Living Room”“Hospital Waiting Room”

Creating Comfort Wireless Internet (FREE WIFI)

Creating Comfort A fun, friendly Atmosphere.

The Main Course

Reducing My Expenses

I stopped offering lessons.

Reducing My Expenses I stopped offering lessons. I started offering studio memberships.

Reducing My Expenses I stopped offering lessons. I started offering studio memberships. Just like a gym membership – our studio members get all the benefits for one monthly fee. No credits or refunds. The focus is on consistent value and a musical lifestyle.

Reducing My Expenses I built a solid studio policy for students and another one for my teachers.

Reducing My Expenses I built a solid studio policy for students and another one for my teachers. I asked them to sign a copy of our policy for my records, and I gave them one to take home. We now update this annually.

Reducing My Expenses I built a solid studio policy for students and another one for my teachers. I asked them to sign a copy of our policy for my records and I gave them one to take home. We now update this annually. I don’t deviate from my policies.

Reducing My Expenses I decided to hire my teachers. Independent contractors are less reliable and have less emotional investment in my studio’s success.

Reducing My Expenses I decided to hire my teachers. Independent contractors are less reliable and have less emotional investment in my studio’s success. I made every teacher a recruiter for my business. I even provide them with growth incentives.

Reducing My Expenses I decided to hire my teachers. Independent contractors are less reliable and have less emotional investment in my studio’s success. I made every teacher a recruiter for my business. I even provide them with growth incentives. I now conduct regular meetings with my teachers, so they will feel more involved.

Streamlining My Operations

I now require all of my students to sign up for monthly recurring billing. They can choose to link a credit card, debit card or checking account.

Streamlining My Operations I now require all of my students to sign up for monthly recurring billing. They can choose to link a credit card, debit card or checking account. Recurring billing prevents “forgotten” payments, reduces bad debt and dramatically reduces time spent collecting studio payments.

Streamlining My Operations Use a payroll company. –Less time spent working on payroll (especially at year-end with W2s, etc.).

Streamlining My Operations Use a payroll company. –Less time spent working on payroll (especially at year-end with W2s, etc.). –Reduced costs for things like direct deposit.

Streamlining My Operations Use a payroll company. –Less time spent working on payroll (especially at year-end with W2s, etc.). –Reduced costs for things like direct deposit. –Quarterly payroll taxes done on time/correctly.

Streamlining My Operations Use a payroll company. –Less time spent working on payroll (especially at year-end with W2s, etc.). –Reduced costs for things like direct deposit. –Quarterly payroll taxes done on time/correctly. –Intimate familiarity with local laws/requirements prevent costly mistakes.

Streamlining My Operations Use a payroll company. –Less time spent working on payroll (especially at year-end with W2s, etc.). –Reduced costs for things like direct deposit. –Quarterly payroll taxes done on time/correctly. –Intimate familiarity with local laws/requirements prevent costly mistakes. –Everything is always on time. I never have to worry about late payments or penalties.

Streamlining My Operations We communicate electronically to reduce paper use.

Streamlining My Operations We communicate electronically to reduce paper use. We set our teachers up with addresses and made them responsible for keeping their lessons registers (via spreadsheet) and submitting them to the Studio Coordinator on time for payroll.

Streamlining My Operations Communicate electronically. Reduce paper use. We set our teachers up with addresses and made them responsible for keeping their lessons registers (via spreadsheet) and submitting them to the Studio Coordinator on time for payroll. If they are late, they get paid late. It’s up to them!

Build “Word of Mouth” Advertising

I made Facebook work for me.

Build “Word of Mouth” Advertising I made Facebook work for me. –I asked everyone to check-in on Facebook before each in-store recital. I regularly give a prize to one lucky Facebooker who checked in.

Build “Word of Mouth” Advertising I made Facebook work for me. –I asked everyone to check-in on Facebook before each in-store recital. I regularly give a prize to one lucky Facebooker who checked in. –I often host photo contests on my Facebook page – whoever gets the most “likes” on his/her photo wins. This turns my students into advocates for my page!

Build “Word of Mouth” Advertising I made Facebook work for me. –I asked everyone to check-in on Facebook before each in-store recital. I regularly give a prize to one lucky Facebooker who checked in. –I often host photo contests on my Facebook page – whoever gets the most “likes” on his/her photo wins. This turns my students into advocates for my page! –I created a hashtag for my store and I use it A LOT. Hashtags are free. Just decide on one and use it. #GistPianoAcademy #PianoLessons #GistPiano

Build “Word of Mouth” Advertising I made Facebook work for me. –I linked my Twitter account to Facebook so everything I post is automatically “tweeted” on Twitter. Hashtags will work in both!

Build “Word of Mouth” Advertising I made Facebook work for me. –I linked my Twitter account to Facebook so everything I post is automatically “tweeted” on Twitter. Hashtags will work in both! –I encourage my students to leave reviews for me on Facebook and Google. The more reviews I can get – the better!

Build “Word of Mouth” Advertising I made my recitals fun! –Theme Recitals –Student Band Concerts –Fun Venues

Build “Word of Mouth” Advertising I made my recitals fun! –Theme Recitals –Student Band Concerts –Fun Venues I. Use. YouTube. –I post videos of my teachers and embed them on my website. YouTube makes this easy and prospective students love it! –I even post clips of my events/recitals online!

Build “Word of Mouth” Advertising I regularly post my YouTube videos on Facebook so everyone can see how much fun my studio is!

Build “Word of Mouth” Advertising I regularly post my YouTube videos on Facebook so everyone can see how much fun my studio is! I also write a TON of press releases and submit them to the local news. You never know when they will decide to do a story. That’s FREE advertising!

Build “Word of Mouth” Advertising In short, I build incentives designed to make everyone on my team enthusiastic advocates for studio growth.

Build “Word of Mouth” Advertising In short, I build incentives designed to make everyone on my team enthusiastic advocates for studio growth. Finally, I work to build friendships with teachers outside my studio. They even send me students!

Thank you for attending! James L. Harding President Gist Piano Center (502) x200