SlideShare ist ein Scribd-Unternehmen logo
1 von 61
Downloaden Sie, um offline zu lesen
How the low-cost gym sector will
transform the UK health &
fitness industry
Presentation to sporta
LIW 2010, Ray Algar
www.oxygen-blog.blogspot.com
MINIMUM OF
                50% LOWER
                   THAN
                 INDUSTRY
                   PRICE



 SCOPE TO                                  HEAVY
OPERATE 24                              TECHNOLOGY
  HOURS                                 AND WEB USE
                         MY
                     DEFINITION
                     OF A LOW-
                      COST GYM




      ABILITY TO
     OPERATE CLUB                  GYM-ONLY
     WITH A SINGLE                PROPOSITION
        PERSON
SIMPLICITY


SUPPORTING
  INFRA-
STRUCTURE                     AFFORDABILITY



                  MARKET
                  DRIVERS


                                CONSUMER
 CONSUMERS ARE
                                SENTIMENT
   CHANGING
                              TOWARDS CLUBS


                  SPORADIC
                 ATTENDANCE
SIMPLICITY


SUPPORTING
  INFRA-
STRUCTURE                     AFFORDABILITY



                  MARKET
                  DRIVERS


                                CONSUMER
 CONSUMERS ARE
                                SENTIMENT
   CHANGING
                              TOWARDS CLUBS


                  SPORADIC
                 ATTENDANCE
I Care
Consumers now have
considerable experience
   of low-cost services
“Fly for the price
of a pair of jeans”
  11
Spend a little, live a lot
                       12
13
Look good, pay less
 14
Think of a sector…you will
      find low-cost
300
million units
annually by
2013
SIMPLICITY


SUPPORTING
  INFRA-
STRUCTURE                     AFFORDABILITY



                  MARKET
                  DRIVERS


                                CONSUMER
 CONSUMERS ARE
                                SENTIMENT
   CHANGING
                              TOWARDS CLUBS


                  SPORADIC
                 ATTENDANCE
SIMPLICITY


SUPPORTING
  INFRA-
STRUCTURE                     AFFORDABILITY



                  MARKET
                  DRIVERS


                                CONSUMER
 CONSUMERS ARE
                                SENTIMENT
   CHANGING
                              TOWARDS CLUBS


                  SPORADIC
                 ATTENDANCE
“I can join online – no pushy
sales staff to deal with!”
SIMPLICITY


SUPPORTING
  INFRA-
STRUCTURE                     AFFORDABILITY



                  MARKET
                  DRIVERS


                                CONSUMER
 CONSUMERS ARE
                                SENTIMENT
   CHANGING
                              TOWARDS CLUBS


                  SPORADIC
                 ATTENDANCE
SIMPLICITY


SUPPORTING
  INFRA-
STRUCTURE                     AFFORDABILITY



                  MARKET
                  DRIVERS


                                CONSUMER
 CONSUMERS ARE
                                SENTIMENT
   CHANGING
                              TOWARDS CLUBS


                  SPORADIC
                 ATTENDANCE
36
Word of mouth
on steroids
SIMPLICITY


  INFRA-
STRUCTURE                    AFFORDABILITY



                 MARKET
                 DRIVERS


                               CONSUMER
CONSUMERS ARE
                               SENTIMENT
  CHANGING
                             TOWARDS CLUBS


                 SPORADIC
                ATTENDANCE
“Why am I paying
    for a club I
occasionally use ?”
“Why am I paying
 £50 just to use
  a treadmill?”
What do low-cost gym
consumers say?
“It is almost free”
“I have never been to a
gym that is £15 before. I
thought I would walk in
and find a lot of
broken equipment”
49
50
51
52
53
McFit Financials 2007
                         Euros        % turnover
                       (millions)
Turnover                   86
Staff costs                3.4           3%
EBITDA                     28            32%
Interest charge            0.1            -
Net assets                 34
Clubs                               88
 56
budgetgymresearch.ning.com
oxygen-blog.blogspot.com
Google: “Ray Algar”

Weitere ähnliche Inhalte

Mehr von Ray Algar

Qual é o propósito central da sua academia e o que ela representa?
Qual é o propósito central da sua academia e o que ela representa?Qual é o propósito central da sua academia e o que ela representa?
Qual é o propósito central da sua academia e o que ela representa?Ray Algar
 
What is driving the global low-cost gym sector?
What is driving the global low-cost gym sector?What is driving the global low-cost gym sector?
What is driving the global low-cost gym sector?Ray Algar
 
The emergence of the UK low-cost gym sector
The emergence of the UK low-cost gym sectorThe emergence of the UK low-cost gym sector
The emergence of the UK low-cost gym sectorRay Algar
 
2011 Global Low-cost Gym Sector Report - Ray Algar
2011 Global Low-cost Gym Sector Report - Ray Algar2011 Global Low-cost Gym Sector Report - Ray Algar
2011 Global Low-cost Gym Sector Report - Ray AlgarRay Algar
 
Ray algar low-cost gym seminar Manchester UK October 2011
Ray algar low-cost gym seminar Manchester UK October 2011Ray algar low-cost gym seminar Manchester UK October 2011
Ray algar low-cost gym seminar Manchester UK October 2011Ray Algar
 
Стратегическое понимание сегмента бюджетных фитнес-клубов в Европе
Стратегическое понимание сегмента  бюджетных фитнес-клубов в ЕвропеСтратегическое понимание сегмента  бюджетных фитнес-клубов в Европе
Стратегическое понимание сегмента бюджетных фитнес-клубов в ЕвропеRay Algar
 
Is your brand ready for the social web
Is your brand ready for the social webIs your brand ready for the social web
Is your brand ready for the social webRay Algar
 
Capitalising on the social media movement - IHRSA European Congress October ...
Capitalising on the social media movement  - IHRSA European Congress October ...Capitalising on the social media movement  - IHRSA European Congress October ...
Capitalising on the social media movement - IHRSA European Congress October ...Ray Algar
 
UK National Heart Forum Report February 2010
UK National Heart Forum Report February 2010UK National Heart Forum Report February 2010
UK National Heart Forum Report February 2010Ray Algar
 
Why consumers love low-cost (budget) gyms
Why consumers love low-cost (budget) gymsWhy consumers love low-cost (budget) gyms
Why consumers love low-cost (budget) gymsRay Algar
 
What Does My Brand Stand For?
What Does My Brand Stand For?What Does My Brand Stand For?
What Does My Brand Stand For?Ray Algar
 
How Low Cost Propositions Are Changing Industries
How Low Cost Propositions Are Changing IndustriesHow Low Cost Propositions Are Changing Industries
How Low Cost Propositions Are Changing IndustriesRay Algar
 
If your business doesn't stand for something get lost and stop wasting everyo...
If your business doesn't stand for something get lost and stop wasting everyo...If your business doesn't stand for something get lost and stop wasting everyo...
If your business doesn't stand for something get lost and stop wasting everyo...Ray Algar
 
Clubs de bajo coste: Análisis del mercado y modelo de negocio (Budget clubs:...
Clubs de bajo coste:  Análisis del mercado y modelo de negocio (Budget clubs:...Clubs de bajo coste:  Análisis del mercado y modelo de negocio (Budget clubs:...
Clubs de bajo coste: Análisis del mercado y modelo de negocio (Budget clubs:...Ray Algar
 
Welcome To Oxygen Consulting (May 2009)
Welcome To Oxygen Consulting  (May 2009)Welcome To Oxygen Consulting  (May 2009)
Welcome To Oxygen Consulting (May 2009)Ray Algar
 
Social Media To Connect With Members
Social Media To Connect With MembersSocial Media To Connect With Members
Social Media To Connect With MembersRay Algar
 
The power of the web to engage with consumers - Ray Algar December 2008
The power of the web to engage with consumers - Ray Algar December 2008The power of the web to engage with consumers - Ray Algar December 2008
The power of the web to engage with consumers - Ray Algar December 2008Ray Algar
 
What does your fitness club stand for: Ray Algar (MBA) IHRSA European Convent...
What does your fitness club stand for: Ray Algar (MBA) IHRSA European Convent...What does your fitness club stand for: Ray Algar (MBA) IHRSA European Convent...
What does your fitness club stand for: Ray Algar (MBA) IHRSA European Convent...Ray Algar
 
What Does Your Fitness Club Stand For? Part 2
What Does Your Fitness Club Stand For? Part 2What Does Your Fitness Club Stand For? Part 2
What Does Your Fitness Club Stand For? Part 2Ray Algar
 
What Does Your Fitness Club Stand For? Part 1
What Does Your Fitness Club Stand For? Part 1 What Does Your Fitness Club Stand For? Part 1
What Does Your Fitness Club Stand For? Part 1 Ray Algar
 

Mehr von Ray Algar (20)

Qual é o propósito central da sua academia e o que ela representa?
Qual é o propósito central da sua academia e o que ela representa?Qual é o propósito central da sua academia e o que ela representa?
Qual é o propósito central da sua academia e o que ela representa?
 
What is driving the global low-cost gym sector?
What is driving the global low-cost gym sector?What is driving the global low-cost gym sector?
What is driving the global low-cost gym sector?
 
The emergence of the UK low-cost gym sector
The emergence of the UK low-cost gym sectorThe emergence of the UK low-cost gym sector
The emergence of the UK low-cost gym sector
 
2011 Global Low-cost Gym Sector Report - Ray Algar
2011 Global Low-cost Gym Sector Report - Ray Algar2011 Global Low-cost Gym Sector Report - Ray Algar
2011 Global Low-cost Gym Sector Report - Ray Algar
 
Ray algar low-cost gym seminar Manchester UK October 2011
Ray algar low-cost gym seminar Manchester UK October 2011Ray algar low-cost gym seminar Manchester UK October 2011
Ray algar low-cost gym seminar Manchester UK October 2011
 
Стратегическое понимание сегмента бюджетных фитнес-клубов в Европе
Стратегическое понимание сегмента  бюджетных фитнес-клубов в ЕвропеСтратегическое понимание сегмента  бюджетных фитнес-клубов в Европе
Стратегическое понимание сегмента бюджетных фитнес-клубов в Европе
 
Is your brand ready for the social web
Is your brand ready for the social webIs your brand ready for the social web
Is your brand ready for the social web
 
Capitalising on the social media movement - IHRSA European Congress October ...
Capitalising on the social media movement  - IHRSA European Congress October ...Capitalising on the social media movement  - IHRSA European Congress October ...
Capitalising on the social media movement - IHRSA European Congress October ...
 
UK National Heart Forum Report February 2010
UK National Heart Forum Report February 2010UK National Heart Forum Report February 2010
UK National Heart Forum Report February 2010
 
Why consumers love low-cost (budget) gyms
Why consumers love low-cost (budget) gymsWhy consumers love low-cost (budget) gyms
Why consumers love low-cost (budget) gyms
 
What Does My Brand Stand For?
What Does My Brand Stand For?What Does My Brand Stand For?
What Does My Brand Stand For?
 
How Low Cost Propositions Are Changing Industries
How Low Cost Propositions Are Changing IndustriesHow Low Cost Propositions Are Changing Industries
How Low Cost Propositions Are Changing Industries
 
If your business doesn't stand for something get lost and stop wasting everyo...
If your business doesn't stand for something get lost and stop wasting everyo...If your business doesn't stand for something get lost and stop wasting everyo...
If your business doesn't stand for something get lost and stop wasting everyo...
 
Clubs de bajo coste: Análisis del mercado y modelo de negocio (Budget clubs:...
Clubs de bajo coste:  Análisis del mercado y modelo de negocio (Budget clubs:...Clubs de bajo coste:  Análisis del mercado y modelo de negocio (Budget clubs:...
Clubs de bajo coste: Análisis del mercado y modelo de negocio (Budget clubs:...
 
Welcome To Oxygen Consulting (May 2009)
Welcome To Oxygen Consulting  (May 2009)Welcome To Oxygen Consulting  (May 2009)
Welcome To Oxygen Consulting (May 2009)
 
Social Media To Connect With Members
Social Media To Connect With MembersSocial Media To Connect With Members
Social Media To Connect With Members
 
The power of the web to engage with consumers - Ray Algar December 2008
The power of the web to engage with consumers - Ray Algar December 2008The power of the web to engage with consumers - Ray Algar December 2008
The power of the web to engage with consumers - Ray Algar December 2008
 
What does your fitness club stand for: Ray Algar (MBA) IHRSA European Convent...
What does your fitness club stand for: Ray Algar (MBA) IHRSA European Convent...What does your fitness club stand for: Ray Algar (MBA) IHRSA European Convent...
What does your fitness club stand for: Ray Algar (MBA) IHRSA European Convent...
 
What Does Your Fitness Club Stand For? Part 2
What Does Your Fitness Club Stand For? Part 2What Does Your Fitness Club Stand For? Part 2
What Does Your Fitness Club Stand For? Part 2
 
What Does Your Fitness Club Stand For? Part 1
What Does Your Fitness Club Stand For? Part 1 What Does Your Fitness Club Stand For? Part 1
What Does Your Fitness Club Stand For? Part 1
 

Kürzlich hochgeladen

Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environmentelijahj01012
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationAnamaria Contreras
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024Adnet Communications
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchirictsugar
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...ictsugar
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFChandresh Chudasama
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Peter Ward
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfShashank Mehta
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy Verified Accounts
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 

Kürzlich hochgeladen (20)

Cyber Security Training in Office Environment
Cyber Security Training in Office EnvironmentCyber Security Training in Office Environment
Cyber Security Training in Office Environment
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement Presentation
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024
 
Marketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent ChirchirMarketplace and Quality Assurance Presentation - Vincent Chirchir
Marketplace and Quality Assurance Presentation - Vincent Chirchir
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
Guide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDFGuide Complete Set of Residential Architectural Drawings PDF
Guide Complete Set of Residential Architectural Drawings PDF
 
Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...Fordham -How effective decision-making is within the IT department - Analysis...
Fordham -How effective decision-making is within the IT department - Analysis...
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdf
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail Accounts
 
Call Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North GoaCall Us ➥9319373153▻Call Girls In North Goa
Call Us ➥9319373153▻Call Girls In North Goa
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
 

How the low-cost gym sector will transform the UK health and fitness industry