6 min Read | 05 Sept, 2024
This is a typical question that I get asked every day and different people expect different answers from me. But as a matter of fact there is no exact answer to this. It depends upon many factors how much you earn being a Yoga Teacher. We will be discussing those factors below but before that want to share an astonishing fact with you all.
Yoga is the highest-growing sector in India and overseas. Yoga market size was ₹3.1 lakh crores in 2019 and is projected to reach ₹5.5 lakh crores by 2027
So it is a promising career option when it comes to financial scale but, as I said, it depends on multiple factors such as.
Your income depends highly on which area you have established your yoga centre. If people are health conscious and earning well in that area they will pay you well enough and vice versa. But a place where people are earning well are living will have high expenses and that has to be taken into account as well. So, it is a risky bet to take but a bet worth taking risk for.
A place having a majority of middle class crowd will be able to afford classes priced at 1500 – 2000 per month. While in the case of upper middle class, they can afford classes priced at 2000 – 3000 per month. On an average you can assume that you will have a total of 50 students in all the batches combined. Similar differences will come for other offerings as well.
There are many things that you can plan for your students. It can be a long or short workshop, can be regular classes, can be a Yoga Teacher Training Course, can be a Yoga Retreat, etc. There are so many different types of offerings that a Yoga Teacher can serve on the table for their clients.
Offerings such as Yoga Teacher Training Course, Yoga Retreats, Online Yoga Workshops, Personal Classes can really give a very high revenue if marketed properly. But there can be hustle in the beginning and a lot of cash can go into burn. After you become trustworthy and people start buying your offerings, there is no turning back.
Personal classes can give you income 500 – 1000 rupees per class. Courses can be priced from 20000 – 40000 rupees. Workshops can be priced from 500 – 5000. Retreats can be priced between 5000 – 15000 per person.
Regular classes can provide a decent income good enough to manage expenses and have a little extra for savings. It is a very low risk offering. Just decide the price according to the spending capacity of people living in that area, find a good place and start it. After a decent level of marketing, people will start knowing about you and will start coming.
Explore our website to see what kind offerings we have.
Growth strategy decides where you will be after a few months or years. It doesn’t decide where you are currently. So, keep it ready with you always. It includes marketing, sales, your planning, your market analysis, your goal etc. Everything comes under strategy.
Firstly, you should have a goal in mind, where you want to reach or what you want to achieve in this profession. Then other things will fall in place accordingly. For this you need to have expert advice from different fields, you can do business consultation and get your strategy ready or you can take help from your family or friends or mentors. It is ideal to have mentors in this journey who can help you in various ups and downs If your strategy is rightly made and implemented, you can earn upto 1 – 2 lakh rupees per month. So choose wisely.
If you want to grow big as an institute. You must have people who are experts in their fields such as asana, pranayama, shat kriya, mudras and bandhas, etc. Your team members should be experts in different fields of yoga. Keep this in mind, If they earn well you will also earn well.
With a diverse team you can create diverse products and offerings for people and with a good range of products, trust is built easily. That is how you will be able to grow even more rapidly. Create such a team, give them their worth and grow quickly.
It is definitely a promising career as of today because people are more aware about the benefits of Yoga and even doctors have started recommending it in case of many problems. On an average a Yoga Teacher can easily earn upto ₹50,000 per month and can potentially go upto lakhs of rupees per month. Hope this article was of interest to you.
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