3. What will the post-pandemic fitness industry look like?
We’re seeing more and more predictions about how the pandemic will permanently change the fitness industry.
But if history teaches us anything, it’s that the eye of the hurricane is the worst place to be standing when you’re trying to chart its path.
That’s especially true when the source of the crisis is a virus that, despite its lack of sentience, has outsmarted too many world leaders.
But here’s one prediction that may hold up:
"Small, private gyms seem to finally have the upper
hand" over big, commercial gyms, writes John Rusin on Facebook.
The high-volume business model—lots of members pay a small monthly fee—is pure genius in a normal time.
People who love to work out pay a little money for unlimited access to expensive equipment. People who hate to work out pay a little money to hold onto the dream of someday finding more inspiration.
But it stops working when no one can use the equipment, or when access is restricted to keep members safe.
That, Rusin says, shifts the competitive advantage from high-volume to high-value fitness businesses, where "trainers and owners … must show their worth daily to their clientele in the form of relationships and results."
Even in the center of the storm, that prediction seems like a good bet.
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