An Overview Of Generating Income Into Your Fitness Business

Time To Read: 3 minutes

Missed some of our previous posts from this week? Not to worry, right now I’m going to share with you a brief overview of everything important we have discussed 😎

This week has been about generating different revenue streams into your fitness business

Moving away from your core service and considering other things we can bring in to make some extra cash πŸ’Έ

The first thing I want to talk about are the things I suggested you could do to bring in new revenue streams

Firstly, clothing and merchendise.

It’s so simple. At the start of every month take some orders from clients

It’s a great way to bring in some extra cash

Plus your clients feel a part of the team

And market you in the supermarket when they’re walking around in one of your hoodies πŸ˜‚

Secondly, nutrition as a separate service

After all, we aren’t all qualified

So why not set up a third party offer

Whether it be an app or a nutrition coach

Something that will get your clients the help they need 🍽

Third and fourthly, workshops and events

Monthly, quarterly, however often you want, within your business, outside of your business

Running events is a brilliant way to get your client retention up and make some cash on the side βœ…

We also talked about setting up an online fitness business

This is key to making sure we have separate offers available

Some people may want to join your business but they’re too far away

Or perhaps a member is moving but doesn’t want to stop doing your sessions

Can we set up some sort of online offer or programme for others to join your facility?

In fact, Alan talked all about doing this moving away from paid advertising
πŸ‘Š

This organic approach is something we spoke about on Wednesday

We looked at being specific with the target audience

Finding the platform you want to work on – Youtube, Podcasts, Blogs

And once we’ve found that location, mastering that location

How do you boost your SEO, how do you rank your videos?

Finally…

Yesterday we looked at a foundational thing

This is key to anything we want to launch πŸš€

Whether its a new range of clothing, a new event

We want to see if there is any interest

There’s no point putting hours and hours of work into something if no one wants to buy it ❌

So, start by scoping out the field

Seeing who’s interested

Test the water first πŸ’§

Make sure you do this with everything you do moving forward in your fitness business

David πŸ™‚

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