Tuesday, 30 April 2013

Do Something Before It’s Too Late

In tough financial times, many businesses concentrate so much on sales, that they often upset or overlook their existing customers. This pattern is particularly apparent in the fitness industry with clubs offering no joining fees, or undercutting each other on price to hit their monthly sales target, while members cancel after a few months.

Many clubs look at how many members cancel each month

Friday, 12 April 2013

Retention still not given the necessary attention by gyms - Health Club Management letter April 2013

Copy of letter published in Health Club Management magazine, April 2013 
Paul Bedford’s letter last month hit the nail on the head (HCM March 13, p6); there is a general lack of robust or clean member data in the industry, which can make retention analysis very difficult.

Two key factors for reduced focus on retention are the financial downturn, which increases pressure on sales, and new technology, such as social media, seen by some as the silver bullet for member engagement. The recession continues and shows no sign of abating, yet more new clubs are opening.