Give recommendations to the yoga studio to improve their net income.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
Give recommendations to the yoga studio to improve their net income.
Transcribed Image Text:First-time Trial
50% off 1st class
Single Class
Regular
Full-time Student
EXHIBIT 2
SPACE & LIGHT STUDIOS - YOGA PRICE LIST IN 2013
12-class package
3-month validity
6-month validity
24-class package
3-month validity
6-month validity
12-month validity
36-class package
3-month validity
6-month validity
Unlimited packages
1 month
3 months
6 months
1 year
Salt packages (booking
required)
Single (60 min)
3-class package (60 min)
5-class package (60 min)
Private Yoga (One-on-one)
1 class (60 min)
5-class package (60 min)
10-class package (60 min)
Package Price (SS) Price Per Class (S$)
378
398
628
698
828
868
1,018
368
858
1,598
2,400
70
205
330
150
1,250
Private Yoga (Duo)
1 class (60 min)
5-class package (60 min)
10-class package (60 min)
Source: Space & Light Studios Brochure, 2013.
190
860 (430/pax)
1,540 (770 pax)
19
39
28
31.50
33.16
26.16
29.08
34.50
24.11
28.27
21.64
20.42
19.02
14.28
68.33
66.00
135
125
95/pax/class
86/pax/class
77/pax/class
Notes
(at 4 classes/week)
(at 3 classes/week)
(at 3 classes/week)
(at 3 classes/week)
Min 2, Max 5 pax
Min 2, Max 5 pax
2-month validity
3-month validity
2-month validity
3-month validity
2-month validity
3-month validity
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