Fitness Industry

Category archive for "Fitness Industry"

Alternative Fitness Club Revenue Streams: To Add or Not to Add

So, Should You Pursue Alternate Income Streams or No? There comes a limit to the number of memberships you can sell, which is a good thing. You hit the ceiling for your single gym it means you’ve maxed out the potential for monthly subscriptions. To go further, you have to sell more to the same people with alternative fitness club revenue streams. There’re some alternatives to this alternative, but they may not be the best choices. You can do the big-box corporate brand shuffle, which means over-selling memberships and hoping they don’t all turn up. Instead, you have to connect [...]

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7 Reasons Client Programming Is The Key To Fitness Club Success

Structure Your Offerings with Client Programming for Fitness Client programming is your menu of good things that you offer your market. In the fitness business, it’s one of the fundamental dimensions that define a successful training practice. The big-box fitness brands can afford to stand back and cover all of the programming bases. As a small gym business owner, you are probably better served if you focus on one or a few. The irony, of course, is that the corporate brands would do better if they could do the same. However, in my experience, excellence doesn’t scale all that well. [...]

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Why Client Acquisition Is Impossible and Other Gym Myths

Breaching the Barriers of the Fitness Business Gyms should always be about positivity and overcoming obstacles. So, it’s worth taking a look at a few of the hurdles you’re likely to encounter in fitness entrepreneurship. I’m not saying you should forge ahead recklessly. You need a plan and contingencies. However, don’t let the inevitable difficulties and the nay-sayers turn you away from your dream of becoming a fitness club owner. Big Box Brands Take All the Business False! You don’t have to invest a fortune in a primo location, lease one-hundred tons of the latest Internet-connected equipment, and then compete [...]

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11 Tips About Starting Your Own Business in Fitness 

Building Your Dream by Starting Your Own Business in Fitness If you are the kind of person, like me, who enjoy fitness and being at the gym, the dream of starting your own business in fitness is the logical next step. Fitness is so wide-open because it’s a people business. If you can gain a following of one person, you have a fitness business. That sounds crazy but, if you’re in the right place at the right time, celebrities and the super-wealthy do sometimes hire trainers full-time. That may be a bit extreme and takes a lot of luck. However, [...]

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Survey of What Is On The Horizon for Special Populations in Fitness 

Survey of What Is On The Horizon for Special Populations in Fitness  Specialty Fitness Fills Niches and Gyms Humans come in a delightful diversity of shapes, sizes, and physical needs. I think it is super-rewarding to see people achieve spectacular levels of fitness achievement. It is even more rewarding when you can help special populations take small steps to better health and enhanced mobility. Special Population Niche Opportunities The fitness profession offers opportunities to assist people at all stages of their fitness journeys, as well as their extended sojourns through life. Special populations present you with many unique niche opportunities [...]

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Diamonds Are Forever but Club Retention Changes Daily

Glittering Membership Management Performance Indicators If you can do things that keep and reduce change to the minimum your club might just be on the path to finding diamonds. Retention is the key concept of club management. It brings your small gym business dreams to life. That is a constant, but, unless your retention rate is one-hundred percent, it means change is the only constant. Setting Retention to Maximum If you have a limit to your membership management capacity, the longer members stick around, the less you have to invest in recruiting new ones. The difference is like that of [...]

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What are the Hottest Trends in Fitness Clubs and Gym Equipment

Summer 2019 Professional Fitness Equipment Like all of the other trends in the world, the fitness industry is splitting to extremes. On one end, it’s all simple things that promote core strength and resistance training. On the other, it’s the technology that pushes the envelope. Not to worry, Gym Insight is here to sort the trendy tools from yesterday’s devices. Fitness is, after all, a niche in the consumer marketplace. It branches into segments and subdivisions based on demographics and income levels. So, Let’s look at those trends or at least, point to authoritative sources about them. Opposing Trends in [...]

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Fitness Business Success is All About Measuring Improvements

Management Metrics and Where You Find Them Like fitness programming, gym business management is about setting goals and defining improvements. It’s how you measure them that provides the framework to get the work done. You can’t know what you’ve achieved until you’ve measured it. Whether it’s measured in lean body mass, inches of muscle, or maximum deadlift weight, measurement tells you how much progress you’ve achieved relative to your workout goals. It’s the same for business goals. If you want a leaner company, better sales performance, or higher rates of retention, you measure your actions to hit your targets. The [...]

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Fitness Business Lessons from Comics and Comedy Clubs

Of Belly Laughs and Leg Lifts I was listening to some comedians talking on a podcast recently. It seems to be a thing in comedy for comics to interview their friends and idols. However, I was struck by the similarities between owning a gym and running a comedy club. The fitness and entertainment professions both appeal to the general public as markets. They each bring in people to participate in some sort of experience. Although, they do it in different ways, perhaps. The Changing Culture of Comedy Lately, comedy clubs are growing in popularity and revenue. The number of would-be [...]

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Hack Your Local Business Community for A Competitive Advantage

More Business Hacks for Ambitious New Gym Owners There was a recent report in Club Industry that Kohls, the retailers are partnering with big box chain Planet Fitness. It seems that the shrinking need for bricks-and-mortar store space led to a creative opportunity. That’s definitely a “get lemons, make lemonade” solution to the changing retail market. In the fitness industry, creative thinking can be the difference between getting kicked to the curb and pivoting to a new business model. Obviously, in this case, hacking means finding low-cost gym marketing solutions by applying creative thinking. So, why not use some creativity [...]

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The Gym Management Software Fitness Club Tools of Insight

Insight was my solution for my own gym management headaches. As a computer science graduate and fitness club owner, I had some options. I didn’t hesitate to dive in and write my own code when the business started to get complicated. Great idea, right? Well, it turned into a bigger project than I had expected, which is an understatement! Each solution seemed to reveal new problems, at least in the first version. I’m not going into too much detail because I’ve covered much of this over the years on the Gym Insight Blog. Multiple Gym Management Tool Sets There’s a [...]

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Personal Branding for Fitness Club Owners And Entrepreneurs

Make Your Name in The Business As an independent gym or fitness club owner, have you considered your personal brand? I’m not talking about the fitness club brand of the gym that you founded (or plan to start). What I mean is your public name and reputation as an entrepreneur. If you have worked with an executive coach, you may have heard of personal branding. Chief-level executives, ambitious corporate VPs, and high-tech start-up founders often work with a coach. The goal is to enhance your credentials and be more valuable as a leader and public figure. Personal branding opens doors. [...]

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Gym Business Owners Face These Urgent Issues Right Now

Gym Management Software And An Inquisitive Mindset I think there is only one way to survive in the fitness industry in the next few years. As a gym business owner, be ready to make changes quickly and often. Be curious about what’s around the corner. The changes that are going on around us right now are world-shattering, and you have to keep up to survive. There will be many companies that get lost along the way. Insight gives you the gym management software tools to respond proactively to changes. Of course, other things demand your attention too. But First, The [...]

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Gym Business Sales And Some Negotiation Lessons from TV

The Principle of Winning For all of the modern technology in the world, the principles that make the foundations of business are as accurate as they are old. While we designed the Insight Gym Management Software Suite to be a tool that will drive efficiency and profitability, it does so by the fundamentals of business management. One of the most fundamental concepts in business is this: Nothing happens until somebody sells something. Selling is the most fundamental principle in business, and much of everything else follows from it directly. If you can transform the culture of your gym into a [...]

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What Is Your Fitness Club Membership Guest Policy?

Policies Policies Policies Have you ever heard about black swans? If not it’s because these birds are alien to the Northern Hemisphere. When you think of the graceful birds that inhabit lakes and rivers, you probably think of a magnificent white waterfowl with a long and graceful neck. These dark, red-beaked swans are native to parts of Australia. If you see one in North America, Europe, or other parts of the world, it’s likely to have escaped or wandered off after being introduced by humans. Most people don’t know that black swans exist until they see one, and not many [...]

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