Fitness Clubs
What owners tend to tell us Price competition is eroding margin.
- Competing on price is thinning the margin
- Members join, stop attending, and do not renew
- Revenue arrives in membership-sale pushes rather than evenly
Move from selling memberships to selling outcomes: redesign the service portfolio, put assessment and progress tracking into the member journey, and build a retention system in place of promotional pushes.
What is changing in this industry — CEO: one or two sentences on what is changing in this industry in Vietnam. Write it only with a basis — figures, VFL's own direct observation, or a published source. Not a general impression.
Supplied by: CEO