As a boutique fitness business owner - this gives me a lot to think about. Not offering multiple modalities (like a gym) could offer is challenging me to apply your cake analogy - although still applicable - to my model. There is so much opportunity with the community we’ve built.
Great video, I need this question answered. What is the reason to charge $500-$800? or whatever the price. Will this price just get people to back down from program? Could you explain this reasoning? And maybe possibly make a video about it? I’m just confused, they’ll come in bcuz the offer is so great, but then “hey pay $700” like how do you upsell that kind of price? With membership gyms costing $75/M, what is the proper way exposing the price? Ohh also what is an EFT? Thank You 😊
The price point is actually 500-800 and it's based on two big things: 1) consumers value short term fitness programs over long-term and will pay higher prices for great results in a shorter time period 2) the value that's included in that short term program is more than what they get in a regular membership and EFT is a term used in the industry to describe a client on a recurring membership
hey cale, amazing value BTW just a quick question, we charge them up front and recurring, for ex it's 5k for hybrid then then the next month is $300 or how we it's done
Appreciate this great video! Do you mean that the hybrid and semi-private can be offered when leads come in for the free challenge or do you mean that during the free challenge, in a downsell-upsell, hybrid and semi-private can be offered for the first time? It seems like the former case for me but I'm not totally sure. And if it's the case, do you offer hybrid and semi-private in the first consultation as an upsell once the lead says yes to taking the free challenge? And how to get into affiliate marketing for prestige lab to get commission? Also there is a heat40 sale currently, can commission still hit the number you give when there is such a big discount?
Great questions... Semi-private is best set up as an upsell for current clients and then once it's established, you can use it as an upsell at point of sale for prospects. Same goes for Hybrid Head to affiliate.prestigelabs.com to become an affiliate for free.
If this if your Cake, don't bother... Better advice is that if you have to become a swiss army knife of selling crap to people, you're product has no market value and don't enter.
As a boutique fitness business owner - this gives me a lot to think about. Not offering multiple modalities (like a gym) could offer is challenging me to apply your cake analogy - although still applicable - to my model. There is so much opportunity with the community we’ve built.
A TON of opportunity.
smoothie bar for an even bigger cake!
This guy IS INSANE, so much fucking value from one video, wtf
Wow. Great information. Well explained. More of these please. Im becoming a regular
🙏🏽
Great video, I need this question answered.
What is the reason to charge $500-$800? or whatever the price. Will this price just get people to back down from program? Could you explain this reasoning? And maybe possibly make a video about it? I’m just confused, they’ll come in bcuz the offer is so great, but then “hey pay $700” like how do you upsell that kind of price? With membership gyms costing $75/M, what is the proper way exposing the price? Ohh also what is an EFT? Thank You 😊
The price point is actually 500-800 and it's based on two big things:
1) consumers value short term fitness programs over long-term and will pay higher prices for great results in a shorter time period
2) the value that's included in that short term program is more than what they get in a regular membership
and EFT is a term used in the industry to describe a client on a recurring membership
hey cale, amazing value BTW just a quick question, we charge them up front and recurring, for ex it's 5k for hybrid then then the next month is $300 or how we it's done
This was 🔥
what is eft?
Common term in the industry used to define someone who is on a recurring payment membership
Appreciate this great video!
Do you mean that the hybrid and semi-private can be offered when leads come in for the free challenge or do you mean that during the free challenge, in a downsell-upsell, hybrid and semi-private can be offered for the first time? It seems like the former case for me but I'm not totally sure. And if it's the case, do you offer hybrid and semi-private in the first consultation as an upsell once the lead says yes to taking the free challenge?
And how to get into affiliate marketing for prestige lab to get commission? Also there is a heat40 sale currently, can commission still hit the number you give when there is such a big discount?
Great questions...
Semi-private is best set up as an upsell for current clients and then once it's established, you can use it as an upsell at point of sale for prospects.
Same goes for Hybrid
Head to affiliate.prestigelabs.com to become an affiliate for free.
the program are only available for USA businesses ?
Hi! Sorry for the delay. We offer our program in 22 countries! Shoot us a message on our we chat to talk further. www.gymlaunch.com
8:59 FAX like everytime
This will be Hormozi’s next book!
Have you checked out Gym Launch Secrets? 👀
@@GymLaunch Will check out ASAP!!
it's crazy that you have such a low view on youtube, ther's enough value to biuld a gym
Share it with any gym owners (or want-to-be's) that you know!
Isn't 100-150 dollars for a membership a lot? In Germany or I guess even USA its probably around 50 dollars
Depends on the type of gym. Most group training focused gyms should be charging $195+/mo while big box/health clubs typically are less than $50/mo
👏🏻
Very realistic 🤦♂️
We have gyms doing it now
If this if your Cake, don't bother... Better advice is that if you have to become a swiss army knife of selling crap to people, you're product has no market value and don't enter.