Planet Fitness Swot Analysis Paper

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Another key strength for Planet Fitness is the Judgment Free Zone philosophy. This attracts the average person instead of the body builder type that typically dominates work out centers. By adopting this policy the gym can reach a larger demographic, since majority of the Oshkosh population would be considered average in terms of work out usage. Other key strengths that are associated with the Judgment Free Zone are a free personal training, and easier to use machines so that members feel comfortable in the gym. As a part of the marketing mix we plan to implement a new member orientation to help members feel more comfortable when they come into the gym. This would greatly improve our product and is a key strength to Planet Fitness There are …show more content…

Many people would consider this a hidden fee and could label it deceiving to the low price that we advertise. To help minimize this we will be taking out the annual fee for students and senior citizens. This will help minimize the weakness since students are such a large part of our expanded target market. A major threat to the business is the fact that UW-­‐Oshkosh students already pay for a gym membership that is included in their tuition. It is important that we do everything possible to promote Planet Fitness and draw this group in. We will minimize this threat by offering student discounts and gearing our promotions towards the younger demographic. The final threat is the location of the gym; it is located on the north side of Oshkosh. For some our customers it could take twenty or more minutes to get to the location. This could make some of the target market reconsider purchasing a membership. A possible way to minimize this is to consider adding another location or relocating to a more central location. This is not something that we plan to do immediately but is something that we may consider in order to remain successful. Marketing

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