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Published bySolomon Garrett Modified over 6 years ago
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Sweat Equity According to the International, Health, Racquet & Sportsclub Association (IHRSA), 2015 industry revenues increased 6.1%, to $25.8 billion. More than 64 million Americans utilized the services of a health club at least once during 2015, the largest total since 1987, and individual members, or those who visited an average of 104 days, increased 2.2%, to 55.3 million. The IHRSA also reported that 2015 global membership was million, which generated $81.0 billion in global industry revenues. Germany was second to the US in the number of members, 9.5 million, and revenues, $5.4 billion.
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A Stronger Core According to IHRSA research, the number of health & fitness clubs in the US increased 4.8%, or a total of 36,180. In addition, an average of 16% of health club members have memberships at more than one club. From the latest data available, the IHRSA reported that 15.0% of health club members and 15.4% of non-members engaged in at least one personal training session during 2014, an 11% increase over 2013. The top 5 US for-profit health & fitness clubs remained the same for 2015: LA Fitness, 24 Hour Fitness, Life Time Fitness, ClubCorp and Equinox; however, ClubCorp moved to the 4th position replacing Equinox, which was #5.
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There’s a Need, Indeed According to the 2016 Physical Activity Council Report, 56% of Americans 6 years of age and older participated in at least one high caloric burning activity during 2015. The share of Americans 6 years of age and younger who were considered inactive during 2015 was 27.7 million, compared to 28.3 million for The total inactive Americans decreased slightly to 81.6 million, but still a huge market for health & fitness clubs. Fitness sports continued to have the highest share of participation of all physical activities measured, at 61.5%; followed by outdoor sports, 48.4%; individual sports, 34.8%; team sports, 23.1%; and water sports, 14.2%.
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Fitness Fanatics 2015–2016 data from The Media Audit’s cross-section of markets, representing almost 48 million Americans, reveal that 23.3% of those Americans exercised 12 times+ at a health club during the past 12 months. Somewhat surprising is that the share of adults 18–44, at 53.4%, is not that much larger than adults, 45+, at 46.6%, and those 55–64 within that older age range had the largest share, at 13.5%. The data is very clear, however, that Americans in this category are overwhelming high income – 63.3% $75,000+, and 43%, $75,000–$150,000 – and highly educated – 61.8% with a college degree or advanced degree.
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Expanded Offerings Many health & fitness clubs are discovering ancillary revenue streams, including an outdoors obstacle course, partnering with a local meal delivery service to promote and provide members with nutritious meals and “house parties” at a member’s home. 2016 IHRSA research found that cardio equipment has the largest share of space allocation, at 20.1%, in the clubs surveyed; followed by traditional strength, 15.7%; group exercise, 12.1%; and functional training, 8.2%. According to the J.D. Power 2016 Health and Fitness Center Satisfaction Report, members’ satisfaction with their center increased substantially from a score of 813 for 2015 to a score of 826 for 2016 (on a 1,000-point scale).
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Advertising Strategies
Based on the data on the Profiler’s Additional Analysis page, a club could provide a free, noon and onsite stretching session at a business with many clerical/sales personnel, with the business paying the trainer and participants receiving discounted intro memberships. Partnering with a local meal delivery service is certainly a good promotion for a club. In a TV commercial, the club owner could explain the importance of nutrition and offer a free delivery after 5 paid deliveries. Clubs can use the chart at the bottom of page 2 of the Profiler to promote an evening or session for each generation and provide them with an introductory program highlighting each of the fitness activities that that generation typically prefers.
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New Media Strategies Advertising on your station’s Website is another channel for a club to promote its partnership with a local meal delivery service. The ad could include a live link to the delivery service’s ordering page, with featured meals specially selected by the club. Social media polls or surveys would help a club understand what members are trying to achieve and what programs and amenities they would like at the club. All participants could be offered a free, intro personal training session to promote that service. A live-streaming event, using Periscope or any of the other streaming apps, is perfect for a health & fitness clubs. The event could highlight equipment and training and exercise sessions and the benefits of each, plus testimonials from members during a workout.
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