Fitness nuts looking for a low-priced and no-frills gym should head across the pond to check out easyGym, a new gym set to open this summer that offers pay-as-you-go memberships and no extra amenities.
As you may know, gym memberships can be incredibly expensive. Memberships usually have a ridiculously high monthly fee if you refuse to buy the multi-month memberships, which can be hundreds of dollars up front. The easyGym will offer memberships as low as $25 per month.
Of course, these memberships come at a price, as easyGym isn't offering common gym amenities like saunas and swimming pools. Only time will tell if this no-frills gym will be embraced by the people. Maybe that time will come sooner than we think -- two easyGyms are already set to open in the U.K. this year.
No-Frills Fitness Facilities
Britain's Easygym Offers Low Rates and No Extras
Trend Themes
1. Low-cost Gym Memberships - The trend of offering low-priced gym memberships with no extras presents an opportunity for disruptive innovation in the fitness industry.
2. No-frills Fitness Facilities - The rise of no-frills gyms like easyGym that forgo amenities like saunas and swimming pools creates an opportunity for disruptive innovation in the fitness industry.
3. Pay-as-you-go Memberships - The trend of offering pay-as-you-go gym memberships allows for disruptive innovation in the fitness industry by providing more affordable and flexible options for consumers.
Industry Implications
1. Fitness Centers - The rise of low-cost, no-frills gyms creates a disruptive innovation opportunity for traditional fitness centers to reevaluate their pricing and amenities.
2. Health and Wellness - The trend of offering low-cost gym memberships with no extras opens up an opportunity for disruptive innovation in the health and wellness industry by attracting price-conscious consumers.
3. Technology and Fitness - The rise of pay-as-you-go gym memberships presents a disruptive innovation opportunity for technology companies to develop innovative platforms and apps that facilitate flexible and affordable fitness experiences.