Health clubs charged a fee for joining and for a monthly subscription. The industry received about $ 800 per member annually, but this index varied significantly in the country. The club members usually had to subscribe for a minimum of one year. 66 % of members renewed the subscription. Clubs introduced facilities and services in the general subscription charge, whereas additional services were extra charged. Health clubs could increase their revenues by up to 30 %. Marketing costs, as well as sales commissions, were significant for developing the club health industry.
What are the basic economics of health clubs?
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Academic.Tips. (2020) 'What are the basic economics of health clubs'. 15 May.
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Academic.Tips. (2020, May 15). What are the basic economics of health clubs? https://academic.tips/question/what-are-the-basic-economics-of-health-clubs/
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Academic.Tips. 2020. "What are the basic economics of health clubs?" May 15, 2020. https://academic.tips/question/what-are-the-basic-economics-of-health-clubs/.
1. Academic.Tips. "What are the basic economics of health clubs?" May 15, 2020. https://academic.tips/question/what-are-the-basic-economics-of-health-clubs/.
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Academic.Tips. "What are the basic economics of health clubs?" May 15, 2020. https://academic.tips/question/what-are-the-basic-economics-of-health-clubs/.
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"What are the basic economics of health clubs?" Academic.Tips, 15 May 2020, academic.tips/question/what-are-the-basic-economics-of-health-clubs/.