Fit n Well Report
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Transcript of Fit n Well Report
![Page 1: Fit n Well Report](https://reader033.fdocuments.in/reader033/viewer/2022061217/54b2caa14a7959e5198b4569/html5/thumbnails/1.jpg)
The Fitness Industry
![Page 2: Fit n Well Report](https://reader033.fdocuments.in/reader033/viewer/2022061217/54b2caa14a7959e5198b4569/html5/thumbnails/2.jpg)
Smart Investment today???
There are many key factors into a gyms success today.
• Obesity
• The Media
• The Recession
![Page 3: Fit n Well Report](https://reader033.fdocuments.in/reader033/viewer/2022061217/54b2caa14a7959e5198b4569/html5/thumbnails/3.jpg)
Obesity
• 36.3% of New Zealand adults overweight• 13.6 % use medication for high blood
pressure• Obesity rate risen in last 30 years:For males 9%For females 13%
• GREAT OPPORTUNITY!!!!!
![Page 4: Fit n Well Report](https://reader033.fdocuments.in/reader033/viewer/2022061217/54b2caa14a7959e5198b4569/html5/thumbnails/4.jpg)
The Media• Media is setting a in image of the
norm which people want to meet.
• Shows like ‘The Biggest Loser’ being inspirational and encouraging.
• Overall very influential with new technology every day
![Page 5: Fit n Well Report](https://reader033.fdocuments.in/reader033/viewer/2022061217/54b2caa14a7959e5198b4569/html5/thumbnails/5.jpg)
The Recession
• 16200 jobs lost in the last 7 months
• Unemployment rate at 5%
• Good opportunity because:People aren't busy at work and have leisure timeExposed to more media which correlates with
joining a gym
![Page 6: Fit n Well Report](https://reader033.fdocuments.in/reader033/viewer/2022061217/54b2caa14a7959e5198b4569/html5/thumbnails/6.jpg)
Gyms In New Zealand
• Currently 20% of people own a gym membership
• Only around 400 gyms in New Zealand
• Gym Memberships increased 50% in the last 20 years
![Page 7: Fit n Well Report](https://reader033.fdocuments.in/reader033/viewer/2022061217/54b2caa14a7959e5198b4569/html5/thumbnails/7.jpg)
Concerns • Recession can cause:People having no moneyPeople working extra with out time for leisure
• Media can cause:Distraction from exercisePeople generally tend to watch TV a lot more
than exercise
![Page 8: Fit n Well Report](https://reader033.fdocuments.in/reader033/viewer/2022061217/54b2caa14a7959e5198b4569/html5/thumbnails/8.jpg)
However…• The benefits and opportunities out
way the negatives!
• Several owners of gyms claim no bad effects from recession.
• So establishing a gym In New Zealand would be a smart investment
![Page 9: Fit n Well Report](https://reader033.fdocuments.in/reader033/viewer/2022061217/54b2caa14a7959e5198b4569/html5/thumbnails/9.jpg)
So in my opinion…..• The presence of the media, obesity and the
Recession will be a great asset to the industry
• Anyone considering establishing a gym at this point in time should!
The gym industry is booming and shouldn’t be effected by the recession