Yoga Studios & Teachers: Payment Processors
Dear Yoga Teacher,
If you’re like most yoga teachers, you probably
get uncomfortable talking to your students about money.
And rightly so.
If you’re primary job is the teacher, it’s weird to have
to play cashier and debt collector too.
But with small businesses, there’s no other option. You
have to wear many hats every day. But there are tools
available to make your life easier.
#1: Sign up now for a Paypal Business Standard
account. It’s free and will allow you to take payments
from your students including echecks and credit
cards. http://www.paypal.com
*paypal will charge you roughly 3-4% for their
service. It is well worth it.
**get “business standard” NOT a personal account.
If you have a personal account, change it.
#2: If you don’t like paypal or want to make it even
easier for your students, the other simple option is
http://www.2checkout.com
You have to pay $50 to sign up, but after that it’s
similar to paypal with a 4% commission per sale.
2Checkout does not require people to create a paypal
account, so usually students prefer it as they can make
payments fast and easy with any payment form they
choose.
NOW WHAT?
Using either paypal or 2checkout, you can create
payment links you can email to your students or
‘buy now’ buttons you can put on your website.
You can sell single classes, packs of classes, or
even monthly passes that auto-bill the student
each month so you don’t have to worry about it.
Auto-bill is wonderful for both students and teachers
so you should offer your students a big discount if
they sign up for that service.
Both paypal and 2Checkout have excellent customer
service and tutorials. If you get stuck, just give them
a call or send in an email. They will respond promptly.
Live outside the box,
Lucas
Yoga Studio Marketing Help
p.s. Both paypal and 2checkout work in almost any country.
All you need is a bank account to connect it to.