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What We Cover In This Episode:
Quotes:
"Reports are something that you have to look at every single day, to make sure you are running your business effectively and making strategic decisions." [1:28]
"Trends change, so it is important to test things out and remember you have to test them out for at least 60 days, or ideally, 90 [days]." [8:43]
"We want to really look at where the revenue division is. Are we seeing revenue from class packs, or are we seeing revenue from memberships? I think sometimes we forget about the value in our class cancellation policy." [11:08]
"With the memberships that are on auto-pays, you can actually make projections on that and be able to make strategic decisions." [13:13]
"We have to get into a business mindset if you want to have your business be sustainable, but also to enjoy it." [15:02]
LINKS:
https://www.facebook.com/groups/fitDEGREE
https://www.fitdegree.com/post/member-retention-for-long-term-growth
What We Cover In This Episode:
Quotes:
"When we choose to refund, we can automatically refund, and this is going to refund to the payment method." [2:28]
"It is a choice to automatically refund or not." [3:06]
"The goal of our admin is to make sure everything is as complete as possible." [3:54]
"It is important to note that a series is very, very different from a class. It is very different from an event, and it is very different from a one-on-one." [5:51]
"Any screen that a sale can be found a refund can be processed, and sales can be found in many places" [9:21]
LINKS:
https://www.facebook.com/groups/fitDEGREE
What We Cover In This Episode:
Quotes:
"It is very important to know your pricing model and your business model [when] going in and creating fitDEGREE." [4:43]
"We do have these awesome features to have different registrables types of classes, events, series and one-on-ones, but you truly need to sit down and think about your business model and pricing model and decide what fits." [9:14]
"If you want your events and series to be a part of your class packages, your memberships, and what they can be applied to, this is only possible if they are classes." [10:01]
"These are all things you should be considering while either creating your business model or re-evaluating your business model within fitDEGREE." [10:32]
LINKS:
https://www.facebook.com/groups/fitDEGREE
What We Cover In This Episode:
Quotes:
"We like to put as many things on the app as we can to empower the clients that feel comfortable with technology to self-service themselves." [Nick, 9:04]
"We do make it very clear to the client, as they are withdrawing, what the potential penalty is going to be." [Nick,10:44]
"Make sure that your business model is always in alignment with what you consider to be best practices." [Megan, 15:41]
"Pre-registration they will have had an opportunity to view that cancellation policy, and as they cancel, they will be able to re-visit the cancellation policy." [Nick, 18:18]
"It is important to know how to work with or around your policy inside of the admin for your registerables, no matter what they are, and how to aid your staff in taking action for clients." [Megan, 20:40]
LINKS:
https://www.facebook.com/groups/fitDEGREE
What We Cover In This Episode:
Quotes:
"Tell me what you have going on in your studio and tell me what your business model is, because a lot of the times, late cancellation and no call-no shows are a part of the business model." [Nick, 2:58]
"When we see these small group environments where 8 to 10 people can come, we need to make sure that people are respecting the rules of the studio, and where they are giving proper notice that they can't come." [Nick, 3:32]
"What is best for your business and business model? I think of these cancellation policies as somewhat of a culture setter, or a culture reminder for your clients." [Nick, 18:46]
"I strongly encourage people when they are making the switch to fitDEGREE, that if you are making changes at your studio, now would be a great time to revisit this and do it all at once." [Nick, 19:11]
LINKS:
https://www.facebook.com/groups/fitDEGREE
What We Cover In This Episode:
Quotes:
"If you have a simultaneous class taught by the same instructor for both studio and virtual, we will be talking about those two scenarios here today." [3:10] "Location isn't necessarily the physical address of your studio. It is the space where the session is taking place." [4:18]
"It is always helpful to differentiate, by having two different types of classes." [13:14]
"When making these sorts of updates within your system, remember, if you are adding classes or if you are adding class groups, a big thing to remember is to update your pay scales, update your class packs, and update your memberships." [16:01]
Links & Resources Mentioned:
https://www.facebook.com/groups/fitDEGREE
What We Cover In This Episode:
Quotes:"You want to challenge everyone to step outside their comfort zone." Cherise [3:03]
"Think about your demographic, think about what is going to challenge them, and get excited!" Cherise [3:13]
"Ultimately the 'why' for the business is to keep your members engaged in the community that you have worked so hard to foster." Cherise [4:37]
"If our members are coming, and if they are seeing results, then we are going to retain them." Cherise [5:50]
"When we see our progress, visually it impacts us more." Cherise [10:05]
Links & Resources Mentioned:
https://www.facebook.com/groups/fitDEGREE
WHY Coaching & Consulting:
https://www.facebook.com/whycoachingandconsulting
https://www.instagram.com/whycoachingandconsulting/
What We Cover In This Episode:
Quotes:
"The dream is that all of your clients are on autopay memberships, they all know the drill when they walk into the studio, and they check themselves in." Nick [2:47]
"Make sure everything in your checkin screen is filled in on that right hand side. We want to grab those signed waivers, and we want to have those dollar signs, CP's, M's, OP's and I's all filled in with color." Megan [12:41]
"In terms of checkins, that is really the bread and butter of it all. Making sure that your team really understands what they need to accomplish in those few minutes before class, those few minutes in between, and those few minutes as they are wrapping up their day." Megan [16:17]
"90 percent of the activity that happens with us is the client registering for class and your instructors checking them in." Nick [17:04]
"If you can really have your clients grasp how to register effortlessly, and you can make sure your team members check all of it and make sure they see all the pretty colors on the check in screen, you're going to save yourself a lot of headaches." [Nick, 17:11]
Links & Resources Mentioned:
https://onthego.fitdegree.com/
https://admin.fitdegree.com/
https://kiosk.fitdegree.com/
What We Cover In This Episode:
Quotes:
"There are two major ways I see studios leveraging the ability to use One-on-Ones and Classes to create parties, and it is really just based on whatever one works best for your business practices." [0:48]
"Let's talk utilizing Classes. In terms of Classes in fitDEGREE, this is a great option if you want more admin control from the jump." [10:25]
"If you are not looking for any sort of contract or waiver, a Class Pack is a great option for your party deposit or party payment in full." [11:56]
"Having email or social media posts or even promoting those Class Packs and memberships onto your admin are going to be your power plays to get people interested." [15:15]
"However you set this up is how you are going to set yourself up for success." [18:44]
"We love walking you through this stuff. We love helping you plan, and we really just want to make sure you are set up for success based on your business model and what your team can put their time into." [19:46]
Links & Resources Mentioned:
https://app.fitdegree.com/
What We Cover In This Episode:
Quotes:
"Some people like to use business cards, some people like to use paper, and other people get creative in other ways using that generate code button." [4:36]
"You really want to stress to your clients that if they are doing a digital gift card, this is an immediate delivery system." [6:09]
"When we are talking about a digital gift card, it is convenient and [clients] can do it at any time and from anywhere, but it sends immediately." [9:57]
"When gifting from inside a class, an event, or from a series, you're not just sending them a random gift, but you're asking them if they want to come with you." [15:41]
"Take a step back and really look at your business model if you don't want to allow people to send those gifts via the app for the Holiday Season, or ever. That is a setting when you go on your admin." [19:11]
Links & Resources Mentioned:
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