nz powerpoint BBIM 191

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    nz powerpoint BBIM 191 - Presentation Transcript

    1. Welcome to New Zealand- The Land of the Long White Cloud
    2. Key Points of Interest. The overall performance and standing of the New Zealand fitness industry. Upcoming trends in the New Zealand fitness industry The Characteristics of a competitive industry.
    3. Richard Beddie, CEO of NZ Fitness Secure, protected, sheltered, impervious , untouchable- these are words that describe the New Zealand fitness industry as of the end of the first quarter of 2009. Over 410,000 members have prepaid Beddie claims that the New fees with over 400 fitness centres that Zealand fitness industry is recession proof. are registered in New Zealand. “If you think you can do a thing or think you can‟t do a thing, you‟re right.” Beddie reports that fitness club membership is booming as people keep rolling in through gyms to stay fit for summer.
    4. “If you think you can do a thing or think you can‟t do a thing, you‟re right.”- Henry Ford. “If you operate a business in the fitness industry in a country that is currently in recession, expect your business to GROW.”- Richard Beddie. Henry Ford, entrepreneur and Creator of Ford motor company. Richard Beddie views the current economic condition as an opportunity, and feels his views match with legendary car manufacturer, Henry Ford.
    5. The transition of customers from larger to smaller gyms. •To save money, due to lower rates charged. •For a family oriented theme, which promotes less of a bureaucratic system. • This ensures that customers engage primarily in the fitness aspect of the business rather than thinking about varied plans or schemes.
    6. Experts claim that team work between trainer and customer is absolutely essential in order to retain customers for the future. (Milton, 2002).
    7. Boot camp style trainings are coming back! You better watch out.
    8. Different reasons why people join a gym. 5% 10% 2% 2% 34% Weight loss 2% Impove shape Sports specific Weight gain Rehab 45% Social Other Retrieved from the A. Fitness Industry Survey 2009.
    9. The proportion of people who are members in the industry, and what type of club they go to. 8% 28% Private Single Clubs 8% Franchise Clubs Private Multi Clubs Council Operated PT Studios 11% Corporate University Community 10% 28% Retrieved from A. Industry Survey 2009
    10. Other Highlights from the Dalal Consultancy report. •Why they join + why the leave. •Club + Industry Issues. •Member‟s expectations in a gym. •The effect of the recession on the fitness industry of New Zealand. •The high levels of competition in the New Zealand fitness industry, as well as a report on Les Mills Ltd.
    11. Thanks to our consulting partners: NZ Fitness Fit „n‟ Well Limited.

    + rdal025rdal025, 5 months ago

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