Matt Ryder breaks down gym membership pricing: bootcamp sessions create perceived volume, while 4-on-1 personal training at $100 per client generates $400 per session versus $20 in an 8-on-1 format. Locking members into scheduled slots they pay for whether they attend or not secures steady revenue.
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You reckon that the best model is still small group fitness? Yeah, so what you want is you want probably a bootcamp element where everyone can come in. You have a couple sessions a week that are basically tied into your membership to give the false perception of volume. And then from there you have like your 4-on-1s. You can easily charge $100 a session for a 4-on-1, so you're making $400 a session. Whereas in like an 8-on-1 scenario, you're flat out charging $20 a session. So what you do is you fill a timetable, fill a time that is their time, and they're locked into that and they pay for that whether they're there or not. Those people have no problem. The people who pay you $50 a week for unlimited bootcamp camp are fucking human garbage. But the one-on-one clients and the high-end group clients, never a drama.