{"id":8725,"date":"2016-09-06T09:12:43","date_gmt":"2016-09-06T14:12:43","guid":{"rendered":"https:\/\/lern.org\/?p=8725"},"modified":"2021-08-01T16:44:14","modified_gmt":"2021-08-01T21:44:14","slug":"analyzing-class-cancellations","status":"publish","type":"club_article","link":"https:\/\/lern.com\/lernclub\/club_article\/analyzing-class-cancellations\/","title":{"rendered":"Analyzing Class Cancellations"},"content":{"rendered":"<p><a href=\"https:\/\/lern.org\/wp-content\/uploads\/2016\/09\/iStock_77731685_SMALL.jpg\" rel=\"attachment wp-att-8726\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-8726\" src=\"https:\/\/lern.org\/wp-content\/uploads\/2016\/09\/iStock_77731685_SMALL-300x213.jpg\" alt=\"financial concept, business and money\" width=\"300\" height=\"213\" \/><\/a>Two of the biggest and most successful strategies in reducing your cancellation rates are: 1. Make the right cancellation decisions. 2. Do more analysis of your courses by Division.<br \/>\nLet\u2019s take a look at both.<br \/>\n<strong>Cancel based on money, not registrations<br \/>\n<\/strong>Too many programs cancel courses based on a one-size fits all registration requirement, such as 12 registrations.\u00a0 This hurts your program both in registrations and lost revenue. Cancel courses that have not covered Production costs (mainly teacher). Do not cancel based on meeting budget. You will lose more money and customers.<br \/>\nClass Income ____<br \/>\nPromotion Costs ____<br \/>\nProduction Costs\u00a0 ____<br \/>\nThe big item in your Production costs is your teacher pay. Other production costs, usually minor, costs, such as handouts or equipment or classroom rental.<br \/>\nSo, if you can cover your Production Costs, you run the class.\u00a0 That doesn\u2019t mean you run it again.\u00a0 But you lose less money, and you keep more customers, if you run a class that has covered its Production costs.<br \/>\n<strong>Do more Division Analysis<br \/>\n<\/strong>This is an important and essential task your top programmer does every session. There is no substitute or alternative to analyzing your classes by Division.\u00a0 It is that critical.<br \/>\nAnalyzing your course cancellations by Division is essential for reducing your cancellation rate over time.\u00a0 Develop more new courses in Divisions with low cancellation rates.\u00a0 Develop few or no new courses in Divisions with high cancellation rates.<br \/>\nA \u201cDivision\u201d is a group of classes that has one thing (only needs to have one thing) in common: subject, audience, or format.\u00a0 So your Arts classes are a Division (subject), your courses for Seniors are a Division (audience) and your one-night classes and special events are each different Divisions (format).<br \/>\nLERN has developed highly advanced and successful strategies for analyzing your Divisions. <a href=\"https:\/\/lern.org\/events-education\/online-institutes\/new-course-development-institute\/\" target=\"_blank\" rel=\"noopener noreferrer\">Take our New Course Development Institute online<\/a>, or ask us for more tips on how to analyze your Divisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two of the biggest and most successful strategies in reducing your cancellation rates are: 1. Make the right cancellation decisions. 2. Do more analysis of your courses by Division. Let\u2019s take a look at both. Cancel based on money, not registrations Too many programs cancel courses based on a one-size fits all registration requirement, such<\/p>\n","protected":false},"author":3,"featured_media":17685,"parent":0,"template":"","meta":{"inline_featured_image":false,"ngg_post_thumbnail":0,"footnotes":""},"tags":[531,520,529,530],"club_category":[769,767,776,780,781],"class_list":["post-8725","club_article","type-club_article","status-publish","has-post-thumbnail","hentry","tag-analysis","tag-finance","tag-operations","tag-programing","club_category-analysis","club_category-club-articles","club_category-finance","club_category-operations","club_category-programing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Analyzing Class Cancellations - LERN Club<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lern.com\/lernclub\/club_article\/analyzing-class-cancellations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analyzing Class Cancellations - LERN Club\" \/>\n<meta property=\"og:description\" content=\"Two of the biggest and most successful strategies in reducing your cancellation rates are: 1. 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