Technogym
Technogym
Technogym
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
Exeter City Council
£40,221 - £42,403pa + pension + benefits
Exeter
Mount Batten Group
c£65,000pa + pension + benefits
mount batten centre, plymouth
Harrow School
£13.71 per hour
Harrow, London
Active Luton
£61,000 - £64,000 + exceptional pension + excellent benefits
Luton
University of Warwick
£29,605 - £32,982pa + pension + benefits
Coventry, West Midlands

Is there a relationship between fitness equipment uptime and member retention?

Job opportunities
University of Warwick
£29,605 - £32,982pa + pension + benefits
location: Coventry, West Midlands, United Kingdom
Active Luton
£61,000 - £64,000 + exceptional pension + excellent benefits
location: Luton, United Kingdom
Harrow School
£13.71 per hour
location: Harrow, London, United Kingdom
more jobs

When it comes to after-sales service many equipment manufacturers talk about response times, first-time fix rates and the quality of their service engineers.

It's all important, but at Precor we long suspected a key aspect of member satisfaction, and therefore retention, was equipment uptime. Surely if an operator maintains their fitness equipment to a high standard it increases their member retention - ultimately impacting their bottom line profits? With no facts to support this, Precor partnered with leading research company Leisure-net to undertake analysis on the relationship between equipment uptime and member retention.

An industry first: research methodology

Precor supplied Leisure-net with the equipment uptime data of 68 participating customers across the UK, ranging from small independent gyms to large multi-site operators across a number of sectors, including education, hospitality and local authority. Leisure-net worked with the sites to conduct member satisfaction surveys and collate retention rates for a full operating year.

Higher equipment uptime equals better member retention The research looked at three factors; Net Promoter Score (NPS), member retention and equipment uptime. Unsurprisingly there was a positive correlation between NPS and retention, but what was more interesting was the positive correlation between equipment uptime and retention.

Looking at clubs within the upper quartile of equipment uptime compared with clubs in the lower quartile, Leisure-net concluded members at clubs with better equipment uptime stay, on average, three months longer than those at clubs where equipment might be out of operation.

“On average good equipment maintenance equates to a club keeping an extra 170 members at any one time,” says Mike Hill, director of Leisure-net.

A genuine opportunity for operators

“Precor sets an extremely high standard for service and maintenance as it’s imperative to our reputation,” says Justin Smith, head of UK at Precor.

“And the added revenue opportunity this research demonstrates should certainly not be ignored."

He adds: "If a gym retains 170 members a month at the average fee of £36 by keeping their equipment in good working order, this equates to an additional £6,120 per month - an astonishing £73,000 in yearly membership fees alone, not accounting for any additional secondary spend.”

For more information on Precor service contracts please call the Precor Service Team on 01276 404951 or email: [email protected].

Sign up for FREE ezines & magazines
Company Details
Precor UK
Through the continual development and provision of premium fitness products and services, Precor can help you to achieve greater member satisfaction and maximum commercial success. Precor is part of the Amer Sports Corporation, one of the world's leading sports equipment companies, with other internationally recognised brands including Wilson, Atomic, Suunto, and Salomon.
Address
Theta Building, Lyon Way, Frimley, Surrey GU16 7ER

World Headquarters (USA):
20031 142nd Avenue NE, P.O. Box 7202, Woodinville,
WA 98072-4002, USA. Tel: +1 425 486 9292
Telephone
+44 (0)1276 404900
When it comes to after-sales service many equipment manufacturers, including Precor, talk about response times, first-time fix rates and the quality of their service engineers.
739674_792190.gif

More News

1 - 15 of 67,873
19 Apr 2024
The HCM team were busy at the recent FIBO Global Fitness event in Cologne, Germany, distributing a special FIBO edition of HCM in support of ... More
18 Apr 2024
The Global Wellness Institute (GWI) has released new data on the US’ wellness economy, valuing it at US$1.8 trillion. According to the organisation's recent report ... More
18 Apr 2024
The fitness sector’s pivot to active wellbeing is being discussed in a new weekly podcast, called The Conveners, and hosted by chair of GM Active ... More
17 Apr 2024
Remedy Place, a US-based social wellness club brand, is poised for steady expansion in the coming years, with plans to open two new clubs annually ... More
17 Apr 2024
Everyone Active has launched a golfing brand, Everyone Golf, after new contract wins made it the UK’s second-largest golf operator in the UK, with ten ... More
16 Apr 2024
Planet Fitness has a new CEO – Colleen Keating. She will take up the position on 10 June. The announcement follows a search which began ... More
16 Apr 2024
Swiss longevity brand Clinique La Prairie (CLP) has inked a deal with Montara Hospitality Group to operate a resort at Tri Vananda – a purpose-built ... More
16 Apr 2024
UK Active has announced details of its annual health and fitness industry awards ceremony, which will take place in Birmingham on the evening of Thursday ... More
16 Apr 2024
Social enterprise, Places Leisure, which is part of the Places for People Group, has appointed Belinda Steward as MD. Steward was previously MD at Derwent ... More
15 Apr 2024
Six Senses has announced the grand opening of its first-ever property and spa in the Caribbean, called Six Senses La Sagesse. With a picturesque beachfront ... More
15 Apr 2024
Basic-Fit has signed up to trial Wellhub across its recently expanded Spanish network, giving access to subscribers and enabling them to use all 152 of ... More
15 Apr 2024
Having redefined the model of public-private collaboration in Spain, Go Fit is now expanding into Italy and has ambitious plans to grow its estate, memberships ... More
13 Apr 2024
Planet Fitness has become the subject of a hate campaign by certain groups of consumers and seen share values slide, in the wake of a ... More
12 Apr 2024
A brand new desert hot springs oasis, called Zion Canyon Hot Springs, is set to open in Southern Utah in Q3 of 2025. Situated 30 ... More
11 Apr 2024
Recovery, social wellness and longevity were talking points at PerformX recently, tipped by many speakers as upcoming trends, while the exhibition halls featured infrared saunas, ... More
1 - 15 of 67,873
Technogym
Technogym