With the cost of paid Facebook and Google Marketing increasing again in 2025, as well as the cost of gym insurance, staff wages and commercial rent going up, it’s imperative that gym owners consider new and creative ways to increase profit, in order to avoid facing extinction! Here are six simple strategies.
While it may seem counterintuitive, increasing your prices will almost always lead to higher profits. Evaluate the market value of your services, compare it with your competitors, and consider increasing your prices by CPI, at a minimum. However, be mindful of striking a balance between affordability and quality to ensure your members feel they are getting good value for their investment.
Offering free trials can attract potential members, but it can also be financially draining. Instead, consider implementing a paid 7 to 14-day trial, where you value-stack lots of extras. This approach will help cover wages while also discouraging people who are not genuinely interested in committing to your gym.
Retaining existing members is crucial for long-term profitability. Implement strategies to enhance member satisfaction, such as personalised training plans, regular progress tracking, and attentive customer service. Additionally, create a welcoming community atmosphere that encourages camaraderie and fosters a sense of belonging among your members.
Word-of-mouth marketing is one of the most powerful tools for gym growth. Develop and implement a structured referral program that rewards the participation of both existing members and referred individuals. Offering incentives like discounted memberships, exclusive classes, or merchandise can motivate members to actively promote your gym to their friends and family.
Evaluate your gym’s offerings and identify which services generate the most revenue. Streamline your operations by eliminating underperforming or marginally profitable services. By focusing on your core offerings, you can allocate resources more efficiently, reduce costs, and enhance overall profitability.
Outsourcing sales may seem convenient, but it can also be expensive and less effective. Instead, invest in training your own staff to handle sales and member acquisition. Equip them with the necessary knowledge and tools to effectively communicate the benefits of your gym, convert leads into members, and upsell additional services or products.
Increasing your gym’s profitability requires a strategic approach that focuses on optimising revenue while maintaining excellent customer experiences. By implementing these seven strategies – increasing prices, killing trial offers, leveraging the full benefits offered by your CRM, prioritising member retention, establishing a structured referral program, streamlining services, and bringing sales in-house – you can enhance your gym’s financial success and build a strong foundation for long-term growth. Remember, consistency and continuous improvement are key to sustainable profitability in the fitness industry.
Steve Grant is the Director/Owner of Gymhub, which helps gyms grow so they can serve more clients, make more money, and have more fun.
Raising The Bar is published by FITREC and HealthyPeople. Before trying any new exercise, nutrition or health regimes, you should seek clearance from an appropriate health, medical or fitness professional. The information in this publication is not a substitute for advice or consultation with any health, medical or fitness professional. The health and fitness industries often provide conflicting – sometimes even contradictory – information; as the reader it is your responsibility to safely determine what does or does not work for you. Any prices stated are the recommended retail prices in Australian currency and may be subject to change. While every effort is made to ensure accuracy, all parties associated with the production and publishing of this magazine accept no responsibility for the correctness of any facts and the copyright responsibility of all articles lies with individual contributors. Opinions expressed by the authors in this magazine do not necessarily reflect those of other authors, the publisher or any of its production or publishing team. Copyright ©2024. All rights reserved. No material in this magazine may be reproduced without written consent from the publisher.