In this episode you’ll learn:
• What is Nia Yoga
• How to know when you are ready to host a retreat and where your participants will come from
• Tips on choosing a location and venue, along with possible red flags
• Advantages and disadvantages of doing retreats with other facilitators versus as a solo
• Finding a balance in your retreat itinerary
• Preparation time and theme importance
• How to create a sense of community between participants
LINKS:
In this episode you’ll learn:
• How Christina created a successful boutique within her studio
• The reasons and benefits for offering retail products within your studio
• Why you should make sure what you bring into your business aligns with you and your brand {and its core values}
• Strategies for facilitating the sense of community with brand specific merchandise
• What to considering in relation to the demographics and psychographics of your members
• The importance of managing your inventory, vendor relationships, and client interests
LINKS:
In this episode you’ll learn:
• How to make time to do the things that need to be done to move forward
• Ways to build the foundation for a good relationship
• The transition of memberships
• How to use delegation, teams and systems to avoid the burnout
• When you should be testing, pivoting and trying something different
LINKS:
In this episode you’ll learn:
• A little bit about Erin and how she started her own business
• What can happen when you know your profit margins and total gross revenue
• Why understanding what services are the most profitable is necessary
• Your studio peak hours of profitability matters!
• Why you won’t want to expand until you’ve maxed your studio’s capacity
• How to create a profitable studio schedule
LINKS:
In this episode you’ll learn:
• How Nathania structures her email pitches to be featured in so many publications
• Why strategy plus luck, consistency and follow through will equal free advertising
• What it was like taking over a studio that held a lot of history and was owned by someone else for many years
• What were three sticking points that Nathania didn’t anticipate and how she was able to work through them
• How she now manages her time having two very busy and successful businesses
LINKS:
https://www.instagram.com/soulplay.yoga/
In this episode you’ll learn:
• Why the million dollar mark may not be the best metric to celebrate
• What studios with over 50% profit margin look like
• What are ancillary services and a powerful example of what we did for the studio owners we work with
• Why the number of clients shouldn’t be the main measure of success for your studio
• What clients really want…
• How to calculate the appropriate pay for your teachers, red flags to look for and a whole lot more!
In this episode you’ll learn:
• The strategy behind successful Instagram marketing and Instagram “hot spots”
• How developing your voice will develop your brand
• The difference between paid and organic advertising on Instagram and Christy’s take on what the future might hold
• How and why you should utilize white space in your feed
• The difference between business versus personal Instagram accounts
• Why Christy has over 40 tests running at a time!
LINKS:
In this episode you’ll learn:
• What’s really possible for your studio when it comes to revenue
• That hitting the 7-figure mark will look different for each studio
• How I calculate retention and conversion rates and why these number matter so much
• Case studies of clients we work with, including actual numbers
• An example of why the business model matters
• Strategies for employee compensation plans, pricing, profit margins and more
• A sneak peek of what’s coming up in the second part of this series