Thursday, 1 December 2011
Begin With Retention In Mind
When opening a new club, gym or studio, member retention is probably far from your mind. The business plan focuses on your unique selling points, marketing spend and sales projections. A clean new space with shiny equipment will keep members coming back for ever, right?
If you also plan your retention strategy at this early stage, your business plan will be more accurate. Imagine the possibilities for your business if you have 100% retention after 12 months. You would be re-writing your business plan for growth rather than adapting it to stay open.
Subscribe to:
Posts (Atom)