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When You Drank Enough Kool-Aid
Manage episode 427084896 series 2971228
Have you ever felt frustrated by clients who come for free trials but never commit? You’re definitely not alone.
Many gym owners think free trials are the golden ticket to new memberships. But they’re wrong.
Free trials attract low-quality leads and devalue the services your gym offers. You might get a bunch of potential clients, but they are often people who could never afford your services in other ways.
Or even if they could, they won’t see the value of your offer. At the end of the day, why would they pay for something they got once for free?
In this episode, Tim and Randy explain why free trials might be sabotaging your gym's success and offer an alternative that is healthier for your gym business.
Curious to learn more?
Tune in to this episode!
Key Takeaways:
- Intro (00:00)
- Discussing echo chambers (01:34)
- Critique on free trials (03:11)
- CrossFit business model flaws (04:50)
- Alternatives to free trials (08:51)
- Value of diverse business practices (13:30)
- Importance of profitability (14:47)
- Iron Circle mastermind insights (15:10)
- Value of paid trials (21:09)
- Questioning traditional practices (28:38)
Additional Resources:
- Win an InBody 380 body composition scanner
- Join the waitlist for tickets to the 2024 FitPro Growth Summit
- ProFit Accelerator: Helping Training Gyms Grow to 30K/month and Beyond Facebook group
- An app designed for semi private training - Semi Private Pro
- Business Accelerator Program winninggym.com/call
- Learn more about The Iron Circle
- Jump on a call with Randy
---
If you haven't already, please rate and review the podcast on Apple Podcasts!
581 episoder
Manage episode 427084896 series 2971228
Have you ever felt frustrated by clients who come for free trials but never commit? You’re definitely not alone.
Many gym owners think free trials are the golden ticket to new memberships. But they’re wrong.
Free trials attract low-quality leads and devalue the services your gym offers. You might get a bunch of potential clients, but they are often people who could never afford your services in other ways.
Or even if they could, they won’t see the value of your offer. At the end of the day, why would they pay for something they got once for free?
In this episode, Tim and Randy explain why free trials might be sabotaging your gym's success and offer an alternative that is healthier for your gym business.
Curious to learn more?
Tune in to this episode!
Key Takeaways:
- Intro (00:00)
- Discussing echo chambers (01:34)
- Critique on free trials (03:11)
- CrossFit business model flaws (04:50)
- Alternatives to free trials (08:51)
- Value of diverse business practices (13:30)
- Importance of profitability (14:47)
- Iron Circle mastermind insights (15:10)
- Value of paid trials (21:09)
- Questioning traditional practices (28:38)
Additional Resources:
- Win an InBody 380 body composition scanner
- Join the waitlist for tickets to the 2024 FitPro Growth Summit
- ProFit Accelerator: Helping Training Gyms Grow to 30K/month and Beyond Facebook group
- An app designed for semi private training - Semi Private Pro
- Business Accelerator Program winninggym.com/call
- Learn more about The Iron Circle
- Jump on a call with Randy
---
If you haven't already, please rate and review the podcast on Apple Podcasts!
581 episoder
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