Video Description
Learn pricing best practices and how to set fair pricing for your wrestling club or non-profit organization.
Lesson Resources
Lesson Overview.
This lesson is for non-profit and for profit clubs alike. Pricing is one of the most common challenges for both new and established wrestling clubs. Many clubs make costly mistakes that limit sustainability and growth. In this lesson, you’ll learn how to set fair pricing that helps keep you in business.
Mistakes Clubs Often Make:
Copying Competitor Prices
Many clubs base their rates on what others in the area charge. The problem? You have no idea what your competitors’ costs, funding sources, or staffing models look like. They may have free facilities, unpaid coaches, or no insurance. By setting your prices to match theirs, you risk undercharging and signaling lower quality.
Ignoring Your Own Expenses
Your expenses (not the market) should be your baseline for pricing. If you don’t account for costs like insurance, coaching pay, facility use, and administrative work, your club won’t be sustainable. Clubs that ignore expenses often end up in debt or relying on personal loans just to survive.
Key Takeaways.
Understanding Competitor and Market Positioning.
You should research competitors – but only to understand your market positioning, not to set your prices. When comparing, make sure you’re looking at equivalent programs:
Also look beyond wrestling. Youth sports like soccer, gymnastics, and martial arts can provide benchmarks for what families are accustomed to paying for organized, quality instruction. These programs are often more professionally run than wrestling.
Factoring in All Expenses.
When calculating your pricing, start by listing every expense, including:
Don’t forget to pay yourself. Even in a nonprofit, your time as a director or coach has value. Paying for administration or coaching ensures long-term stability and prevents burnout.
Building Sustainable Pricing Strategies.
Your pricing should allow your club to:
If your goal is to earn a full-time living or hire quality coaches, start by identifying the income target you need to make that possible (e.g., $60,000–$100,000 annually). Work backward from that goal using your projected class hours and student counts.
For nonprofits, it’s equally important to budget for sustainability. Many community clubs fail after a long-time volunteer leaves because there’s no funding to replace them with a paid administrator or coach.
A good strategy is starting with a profit-first approach (starting with the amount you need left at the end of the year) and working backward. A well-designed spreadsheet can help you calculate:
This ensures you understand which classes are truly profitable and which might be draining resources.
Tracking Profit, and Retention.
Your two key metrics:
Mass practices with mixed skill levels tend to have poor retention (50–60%), even with good coaching.
Conclusion
Setting fair pricing isn’t about charging the lowest rate, it’s about creating sustainability. Whether you’re running a nonprofit or private club, understanding your expenses, knowing your value, and planning for profit ensures your organization can continue to serve athletes for years to come.
