What are the basic economics of health clubs?

A

Health clubs charged a fee for joining and for a monthly subscription. The industry received about $ 800 per member annually, but this index varied significantly in the country. The club members usually had to subscribe for a minimum of one year. 66 % of members renewed the subscription. Clubs introduced facilities and services in the general subscription charge, whereas additional services were extra charged. Health clubs could increase their revenues by up to 30 %. Marketing costs, as well as sales commissions, were significant for developing the club health industry.

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Academic.Tips. 2020. "What are the basic economics of health clubs?" May 15, 2020. https://academic.tips/question/what-are-the-basic-economics-of-health-clubs/.

1. Academic.Tips. "What are the basic economics of health clubs?" May 15, 2020. https://academic.tips/question/what-are-the-basic-economics-of-health-clubs/.


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Academic.Tips. "What are the basic economics of health clubs?" May 15, 2020. https://academic.tips/question/what-are-the-basic-economics-of-health-clubs/.

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