Recession Proof Your Fitness Business
Part 1 of our 2023 Market Research Report
As economies continue to struggle with uncertainty, it is important for businesses to adapt to shifting consumer behaviors and preferences. In the fitness industry, our recent research shows that Active Consumers are now prioritizing gym memberships and fitness activities over other expenses such as take-out or leisure travel.
This shift in priorities presents a unique opportunity for fitness providers to differentiate themselves by offering a well-rounded and enjoyable fitness experience that not only attracts new customers but also retains existing ones. Our concept of being “sweatisfied” – complete satisfaction with one’s wellness value – is an essential part of creating such an experience.
This eBook aims to provide fitness providers with a comprehensive understanding of the Active Consumer profile, including the values that drive their decision-making and their price sensitivities toward wellness experiences. By taking a data-driven approach, providers can create a recession-proof business model that can withstand economic headwinds and retain a loyal customer base.
So, are you ready to get “sweatisfied” and take your fitness business to the next level?