Episode 236: How to deal with noncommittal clients with Afi of LenzVU
Release Date: 03/14/2024
Episode 335: Shiny Object Syndrome Is Expensive
fitSpot Guru
What We Cover In This Episode: Why shiny object syndrome is actually a symptom of being uncertain about your current model [8:37] How to determine if a change solves a legitimate business issue or if you’re just reacting to external pressure [9:52] Why copying competitor pricing blindly is a race to the bottom that ignores your own unique margins [13:41] The reason a trending modality on Instagram doesn't automatically translate to revenue in your specific market [18:50] When you should actually consider a software switch and why branding should never be the primary driver...
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Episode 334: Rapid Fire Q&A: Structuring Your Studio Pricing
fitSpot Guru
What We Cover In This Episode: The real purpose of an intro offer and how to use it to figure out exactly where your studio fits into a new client's routine [4:31] Why you must prioritize memberships and the reasons that class packs should be viewed as a compromise for clients with commitment issues [5:39] The truth about freezing memberships and who they should be reserved for [6:11] How to structure class packs when they are actually needed and why a single 10-pack is usually all you should offer [9:51] The "training wheels" of one-on-one packs and how to transition private...
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Episode 333: You’re Not Seeing What Your Members See
fitSpot Guru
What We Cover In This Episode: Why you should be setting up mock clients with a personal email to see exactly what a brand-new lead experiences [6:12] A quick tip for testing your web app and intro offers without having to manage multiple accounts [7:21] How to quickly identify if a missing membership is a "bug" or simply a configuration rule [9:08] The only way to avoid the frustration of a client buying a membership they can’t actually use [9:42] Finding the “leak” in your links and the next steps to take once they've been identified [10:56] Quotes: “We want owners...
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Episode 332: Rapid Fire Q&A: How to Get the Most Out of Support
fitSpot Guru
What We Cover In This Episode: How providing a client’s full name and context in the initial email will eliminate the first round of back-and-forth [4:17] The ways in which visual evidence helps the support team recreate bugs and prevents the frustration of feeling gaslit by developers [8:32] The 5 essential tactical details to include so the team can move directly from investigation to resolution [9:54] Why logging into your admin on a laptop is the key to ensuring your call is focused on resolution rather than discovery [11:15] How to determine when a quick ticket will...
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Episode 331: Billing Windows vs Service Windows: Why Members Can Register Into Future Perks
fitSpot Guru
What We Cover In This Episode: How the financial timeline controls when payments process, independent of your members' service access [6:17] Tips for managing how perk sets unlock, expire, and the impact of rollover settings on future access [6:47] What you can do to configure class templates and early access tags to control exactly how far in advance your clients can book [8:26] How to leverage draft schedules and mass publishing as a strategic tool to control visibility and create excitement for high-demand classes [14:22] Quotes: “Service windows control the perks,...
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Episode 330: The Questions Studio Owners Are Actually Asking
fitSpot Guru
What We Cover In This Episode: Why studio owners often miscalculate their timeline to profitability and the three levers that actually control your path to break-even [4:20] The one administrative task you should automate today to reduce human error and ensure your new member onboarding is consistent every single time [7:48] How to determine if your platform is truly holding you back or if you’re just falling for "shiny object syndrome" [8:56] Why member perks and local partnerships along will never save a business with a weak core experience [13:49] A strategic look at W-2...
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Episode 329: Retreats - Profit, Planning, and Partnerships
fitSpot Guru
What We Cover In This Episode: What to consider when choosing between building a retreat from scratch or partnering with an operator to remove the operational weight [7:48] Why retreats are a separate business model and how to treat them as a distinct revenue line so your KPIs don't lie to you [17:08] How to reverse engineer your pricing from margin backwards to ensure you actually turn a profit [17:59] The ways you can protect your cashflow by using steep deposits and auto-draft schedules to outpace vendor deadlines [19:24] Why you must establish operational roles and insurance...
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Episode 328: Rapid Fire: Retreats & Teacher Trainings
fitSpot Guru
What We Cover In This Episode: How to determine whether you should host an outside teacher training as a simple space rental or take on the undertaking of building your own in house program [1:34] What to understand about strategic pricing for profitable retreats [5:08] Insights on protecting the studio from personal brand overlap and why a teacher growing their brand isn't a threat [8:54] Some of the big reasons that retreats and trainings can quickly create chaos and how leveraging support calls and standardized SOPs helps eliminate much of it [10:24] Quotes: ...
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Episode 327: Membership Policies, Contracts & Best Practices
fitSpot Guru
What We Cover In This Episode: Why operating on trust alone is not a strategy and how to move your business out of the "gray" and into the "black and white" [13:50] The loophole test you can do right now and other operational best practices for shoring up your agreements before a difficult client does [17:12] An effective strategy for reducing staff stress and shortening difficult cancellation conversations [22:30] Why a freeze policy is a retention strategy rather than a loophole, and how a modest fee keeps members psychologically committed [29:25] Quotes: ...
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Episode 326: Scaling Without the Chaos: Subs, Rentals, and Trainings
fitSpot Guru
What We Cover In This Episode: The "Pen and Paper" logic of subbing and why you should be tracking availability blocks rather than just class times [0:50] How to kill the "he-said, she-said" battle by moving your team out of messy group texts and into a single source of truth [1:59] How to set up an automated, approved roster so your space makes money without manual admin [8:54] Why you must warn your payment processor before launching a high-ticket teacher training [13:11] What you can do to avoid the "Chief of Everything" trap [20:55] Quotes: “When you...
info_outlineWhat We Cover In This Episode:
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What inspired Afi to into this space building the LenzVU platform [1:18]
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Some of the game changing features it has to boost your sales and retain clients [3:12]
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How LenzVu helps studios with noncommittal clients by gathering information to build very targeted funnels [5:09]
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The most surprising feedback so far that LenzVu has gotten from its clients [7:09]
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A few of the ways that targeted marketing specifically addresses the challenge of converting noncommittal clients [9:16]
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A look at how LenzVu facilitates their marketing engines [15:05]
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What to understand about data and success rates [22:04]
Quotes:
“LenzVU helps the studios understand what brought them to the studio and also engages them through targeted marketing, which would be more appealing than just [saying], ‘Here are 5 ways to take classes at the studio.” [Afi, 4:05]
“It's crucial for a studio to grasp specific needs and the decision-making factors of their clients.” [Afi, 10:15]
“That’s what target marketing is about, engaging clients with information that is aligned with their needs, rather than sending all the information and expecting them to be enticed by a piece of information that satisfies their needs.” [Afi, 12:31]
“The power that LenzVu brings to the table is that it natively allows for the studios to engage the clients to find out their needs or interests.” [15:15]
LINKS:
Afi’s Blog Post, Elevate Your Studio's Revenue By Leveraging The Proven Effectiveness Of Targeted Marketing
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