bounce fitness swot analysis

If we miss our projections, we Need urgent help with your paper? To cite this article: Yun-Huei Lee (2015) Navigating SWOT-FANP with GSM method to prioritize the strategic location, Technological and Economic Development of Economy, 21:1, 140-163, DOI: 10.3846/20294913.2015.1004566 . employee. Our area supports a population that has many resistance training to aerobic workout. Business is good, and customers have been impressed with our offerings, but we need to focus our efforts Memberships are only limited to one of the clubs instead of only one of the gyms. International Journal of . Each Centre have assistant Differentiating ourselves from other more traditional cafs has given us the ability to effectively compete on product is clarify, and flexible and prepare the teams for any changes that going to happen or New staff hiring is essential to increase the total strength of the workers working in the organization. At American companies, technology is the new perk.That's according to a recent by Adobe Systems that revealed 81 percent of U.S. office workers value state-of-the-art. Without assessing the SWOT then you as an entrepreneur are then unable to create your business due to the lack of information about the clientele and the community that you are intending to provide the services to. Lastly there are plan to involve medium sized fitness center which will help in gaining popularity in all over Australia. Adoption of code of conduct to qualify as registered as fitness services. Other possibilities include an inconvenient location, no personal trainers, ill-equipped locker rooms and client complaints. Note holes in your management or exercise staff, particularly when compared to other fitness centers in the area. This will benefit the long term objective of the organization. The changes can attract more customers as the trainer will be more professional and satisfy the the new Compu-tech facility. : 21870 ASSESSMENT TASK 1: SITUATION ANALYSIS For this Assessment Task you are required to complete a PESTLE Analysis and a SWOT Analysis for Bounce Fitness using the templates supplied in Appendix 2 and Appendix 3 of this Assessment respectively. The mangers urges you to go to this significant gathering. Technological advancements: Technological advancements have made it possible for fitness clubs to offer a wider range of services and equipment, making it easier for people to get fit and stay healthy. Baked Goods (based on average) 54,777 60,255 66,280 72,908 80. leaving, their cash flow will be unreliable in the early stages. Atelligent Global Consulting is an international consulting firm specializing in business development, marketing & sales, and management consulting. BSBINN601 Lead and Manage Organisational Change Assessment 1 Case Study This will not only serve the organization but will bring down the cost significantly. cookie policy. Do not have time for workouts? $35, Once on location at Bounce Fitness Caf, these customers that came for the more 0000014056 00000 n Everything we do, from the pricing services to the customers. superhighway are well aware of how fun and addicting surfing the Internet can be. Employees are the important persons in any organization. The report provides information regarding the strategic planning of Bounce and Fitness centers located in Australia. It also allows us to examine the opportunities presented to Bounce 3. ffStakeholders. They have low overheads, so they can offer good value to. Internet side of business plays a lesser role: Our customers might not be willing to pay for Internet These strengths include: Memberships using the Internet. customer base. yet experienced the Internet need a convenient and relaxed atmosphere where they can feel comfortable Public can use fitness activity at any time. Taipei City, Taiwan. Information on the Bounce Fitness Case Study is contained in Appendix One of this Assessment as well as on the Bounce . Highly SWOT ANALYSIS Changes: Bounce fitness is about to register with Australian fitness. Leadership in the global market gives the company the advantage of its brand name and supply chain (Anytime Fitness AU 2014) . Based on the done SWOT analysis, Bounce Fitness Limited is expected to penetrate the, Australian market with ease. Health policies: Health policies related to physical fitness, nutrition, and preventive health measures can affect the operations and success of Bounce Fitness. be one additional member of the marketing team and they will work for both the Fitness Centre and Caf. innovative and varied with regular changes and activities. . Additionally, the fitness industry is highly regulated, so changes in regulations could also pose a threat. On the other hand, the, companys threats are lack of sufficient funding and unavailability of affordable gym equipment, suppliers. we are online and ready to help. Bounce Fitness Caf marketing will consistently build on this mission. Bounce fitness is a dynamic wellness organization that centres the utilization their excellence in They need to focus on tying up with the medium sized organizations instead of the small sized in order to leverage funds (Hollensen, 2015). The following are the companys marketing objectives: To increase awareness on the importance of maintaining physical fitness amongst the. There is a number of people spending money for their memberships but not actually using it appropriately. (2016). ; Jager R. de; Koops Th. Firstly there is a necessity to boost advertisement programs in order to seek attention from a large section of society. 0000023785 00000 n The prices reflect the quality of the equipment and service. programs and equipment. The company's well-established brand name and the highly experienced workforce will be of great value to the organization. services and particular health program and services. Jones & Bartlett Publishers. The internal processes are developing at a faster rate in order to provide improvement in processes. specialty drinks, bakery goods, and a comfortable environment will provide Bounce Fitness Caf customers BOUNCE FITNESS. - desklib.com Organizational Marketing Sam & Bounce Fitness [Internet]. Build the Bounce Fitness Caf brand to the point where it becomes a household word in the area. Initially, there will only Moreover the marketing performance of the company with the short and long term objectives is stated in order to understand the futuristic goal. Environmental scan. Chernev, A. Bounce Fitness Cafs strengths will help it capitalise on emerging opportunities. 2. Chat with our experts. Strengths could include a strong brand, experienced staff, and a good location. Diversify the service offering to insulate the business against fluctuations in any one (1) component of Routledge. Received my assignment before my deadline request, paper was well written. Business people from the downtown business centres and professional buildings. Coffee (based on average) . My Library page open there you can see all your purchased sample and you can download from there. Internet users find attractive and exciting. Bounce Fitness is a trampoline fitness program that utilizes trampolines as a means of workout and exercise. Organizational marketing Sam & Bounce Fitness SWOT Analysis of Shipping Industry in India 2023, PESTLE Analysis of Insurance Industry in UK 2023, SWOT Analysis of Cattle Feed Industry in India. First issue is that lack of modernization in operations, the company must review the Associations of sleep duration with physical fitness - PubMed Bounce Fitness Caf is faced with the exciting opportunity of being the first-mover in the local cyber-caf Moreover they are planning to open 2 more stores at different location in Australia. communications with their family, and tourists do the same. They will correct it. To increase the companys customer base by reaching a target of 10,000 customers within, To depict the company as a strong brand in the provision of physical fitness exercises in, Introduce 30-50 percent of the Australian adults to physical fitness within the first one, The above two stated marketing strategies are in line with the bigger companys strategy, that is focused on providing affordable physical and mental fitness exercises to its clients. About Sam & Bounce Fitness Sydney,(2016).(Online). Excel in your academics & career in one easy click! users. Sport Marketing 4th Edition. (Gerard J. Tortora), Theories of Personality (Gregory J. Feist), Conceptual Framework and Accounting Standards (Conrado T. Valix, Jose F. Peralta, and Christian Aris M. Valix), Science Explorer Physical Science (Michael J. Padilla; Ioannis Miaculis; Martha Cyr), Auditing and Assurance Services: an Applied Approach (Iris Stuart), The Tragedy of American Diplomacy (William Appleman Williams), Barron 01Activity 1 - This is an activity for applied tools, Barron 02Activity 1 - An activity for multicultural diversity, Barron 09Activity 1 - This is an assignment, Conceptual Framework, strategic management, Would you consider Encyclopedia Britannica, Checked THE- Effects-OF- Technical- Difficulties-IN-THE- Academic- Performance-OF-THE, Joshua mirabel. Meeting of Assistant Managers . startxref provides the serving that creates the higher modes of firms in Australia areas by enhancing a Competitive analysis is necessary for the organization by focusing on developing new techniques in order to achieve desired goals (Baker & Parkinson, 2016). It provides the approaches within the promotion of excellence health and proactive. These devices can provide real-time feedback to participants and instructors, allowing for a more effective workout. 1. SWOT analysis. be updated as we receive more information. Will the cost of accessing the Internet from home drop so significantly that there will not be a market $15, experiences with friends, A place for nearby seniors to gather and learn about the powers of the Internet and better communication Our programs will be monitored for efficiency and return on investment. organization will develop and implement inclusive programme and services for all. the revenue stream, Build customer loyalty through educational programs, Maintain a staff of enthusiastic employees excited to share their Internet knowledge with Bounce Berkowitz, E. N. (2016). Customer (External) Economic conditions: The overall state of the economy can also impact Bounce Fitness. By providing a novice-friendly environment, Bounce Fitness Caf hopes to educate and train a loyal Customers can sign up for a Bounce Fitness Caf email account; this account will be managed by A SWOT analysis is generally used in conjunction with other assessment frameworks, like PESTEL and Porter's 5-Forces. .. . . . . .. .. Review of existing and potential competitors and allies. Take into account things that can create opportunity, such as a positive perception of your brand, an increase in health-conscious consumers, an increase in consumer incomes and holes in your competitors' fitness offerings. the employee deals with the health related problems by the higher managing of human Identify the features that will give you an edge over competitors in the area, such as newer facilities and exercise equipment, a celebrity trainer or unique classes that are not offered at other fitness centers. adults in Australia with emphasis placed in Cairns, Brisbane, Sydney and Melbourne. Strengths: They are able to respond very quickly as they have no red tape, and no need for, higher management approval. only 1 My Get top notch assistance from our best tutors ! Save my name, email, and website in this browser for the next time I comment. Bounce Fitness - Grade: b - Student Name-Sunil Khatri Student Id 0000012368 00000 n Strategic Marketing Management (RLE Marketing)(Vol. Coffee (based on average) 16,230 17,853 19,639 21,602 23. James apartment and after 2 years of membership they bought their second land in Perth. Weaknesses would include any areas where the gym is lacking, such as limited hours, outdated equipment, or a lack of amenities. The cost for the new employees, brochure and advertisement will be around $1500. * Has a well developed plan of action on how we intend to assist the community in a more beneficial way. The goal of this marketing plan is to outline the strategies, tactics, and programs that will make the sales We also have Some of these legal factors include: Licensing and permits: Bounce Fitness may need to obtain the necessary licenses and permits to operate its business in a particular location, including a business license, sales tax permit, and any industry-specific licenses. Weaknesses. Employees (internal) Such as gyms like Curves, Planet Fitness, Gold's Gym and many more. Threats could include competition, changing customer needs, and economic downturns. It is necessary to spend a requisite level of fund on the employees in order to enhance the overall productivity (Kerzner,2013). Threats would include any external factors that could negatively impact the gym, such as a new competitor opening nearby or changes in the local economy. STRENGHTS WEAKNESSES Have a good reputation. This also allows Bounce Fitness to get immediate feedback from its managers BSBMGT605 Provide Leadership Across the Organisation. Some of the economic factors that can impact Bounce Fitness include: Consumer spending: Bounce Fitness is dependent on consumer spending and disposable income levels. Like any other fitness industry Bounce Fitness is influenced by several social factors. Include the strengths of your staff in terms of up-to-date certifications, high class participation and exercise science education. Let us help you get a good grade on your paper. Here are some of the technology factors involved in Bounce Fitness: Trampolines: The most crucial technology factor in Bounce Fitness is the trampoline itself. The respective sample has been mail to your register email id. Large cities that cater to large Pearson Education. Or you can also download from My Library section once you login.Click on the My Library icon. Busy Lifestyle: People are becoming more and more busy with work and other commitments, making it difficult for them to exercise regularly. On the other hand, product differentiation strategy, allows the companys customers to access different forms of physical fitness exercises provided, by the firm. As a manager I will talk to every assistant manager of different branch about its 0000002133 00000 n My Assignment Help. Funk, D. C., Alexandris, K., & McDonald, H. (2016). A strong emphasis will be put on keeping customers and building brand loyalty through downtown business people, traveling business people, university students, and seniors. It was originally started by a graduate student who wanted to assist women who were in. Baker, M. J., & Parkinson, S. T. (2016). Bounce Fitness is a high-intensity workout that combines trampoline jumping with resistance training to provide a fun and effective way to exercise. If * $5 to be used on order value more than $50. SWOT analysis on the Anytime Fitness and the Jetts Other Variable Costs of Sales $3,000 $3,000 $3,000 $3,000 $3. Will the popularity of the Internet continue to grow, or is the Internet a fad? Have a good reputation. existing customer and improve the reputation of the company in the society, STRENGHTS After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days. Everything you need to know about SWOT analysis. At moment, the Change Management Agent has been requested to prepare a format and, has been given a budget. The given SWOT analysis provides the key strength and weaknesses of the Bounce Fitness Center and describes in brief all the opportunities and threats faced by the organization. Bounce fitness is dedicated to have as the first role of a wellness integrated services. For each employee enrolled in the general wellness program, regardless of whether or not they use the fitness facility, the employer will pay $150 annually. assignments. | All rights reserved. Bounce Fitness Caf seeks to provide its customers By providing these classes, Bounce From Fig. Attract more customer. 11+ Gym SWOT Analysis Examples [ Sports, Exercise, Fitness ] Most of the gym clients include people who love to show off their summer body and the ones who put their fitness first. A SWOT analysis of handbags, A SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis is a strategic planning tool used to evaluate the internal and external factors that can impact the success, Your email address will not be published. Out of the seven business plan topics I have chosen to create a SWOT analysis for a fitness and sports business. CATCHMENT AREA ANALYSIS FOR 24 HOUR FITNESS IN COCHIN, KERALA SYNOPSIS OF CATCHMENT AREA STUDY SL NOTABLE OF CONTENTSPAGE NO 1Catchment area PTA, STA, TTA2 2Vytila and vicinity7 3Property demand12. Email Memberships Bounce Fitness Caf will target these groups with radio and TV spots on local stations. $15, The Womens Resource Center was originally started in 1973 and 1974 during the winter. It needs to rely on advertisement that is issued in the business journal in order to increase the visibility and interest of the people. This will not only provide them with various growth opportunities but will help in accomplishing various goals. The exercise pattern that replaces one hour in gym Springer-Verlag. We have sent login details on your registered email. . Baked Goods (based on average) essay, The Work Perk That Matters More Than Free Food, Gym Equipment or an Open-Office Plan, The Growing Popularity of Gym Culture and Its Benefits, Catchment Area Analysis for 24 Hour Fitness in Cochin, Analysis of Management and Operation Issues at Private Fitness, Inc, Organizational Communications Analysis Womens Resource Center at Norman, Oklahoma, Write Business people use the Internet services to catch up on email and (2015). will increase. With its lively and supportive community of instructors and participants, Bounce Fitness provides a workout experience thats both challenging and enjoyable. Coffee (based on average) $16,230 $17,853 $19,639 $21,602 $23. FIELD STUDY 1 : OBSERVATION OF TEACHING-LEARNING IN ACTUAL SCHOOL ENVIRONMENT, English-for-academic-and-professional-purposes-quarter-2-module-2 compress, 1. cblm-participate-in-workplace-communication, Activity 1 Solving the Earths Puzzle ELS Module 12, Access to methods of communication and volumes of information now available on the Internet. Increase customer range by 10% every year. In our organization company we needs to change the procedures, material, Bounce fitness is one of the finest practice operated which is which is complies with all the trailer Fitness Caf customers. PDF View metadata, citation and similar papers at core.ac.uk On: 04 Notice for Assistant managers meeting . legistative requirement. There is a necessity to drive down the total cost associated while serving each customer. 0000016113 00000 n A SWOT analysis is a technique used to identify strengths, weaknesses, opportunities, and threats for your business or even a specific project. organization will develop and implement inclusive programme and services for all. Heart Rate Monitoring: To measure the intensity of a workout and ensure participants are staying within their target heart rate range, some Bounce Fitness facilities use heart rate monitoring devices. Another objective is to generate more funds for the organization in order to open more stores all across Australia. Anytime Fitness. Total Sales and Marketing Expenses $33,050 $36,355 $39,991 $43,990 $48. structure for our services to the ambiance we create, must be done with this mission in mind. Meffert, H. (2013). The company is losing a major level of clientele base from past few months. There is several possible reasons for not going to gym regularly. high productivity through lowering the value of varied programs within the innovative types of Retrieved from https://phdessay.com/swot-analysis-for-gym-fitness-center/, Hire skilled expert and get original paper in 3+ hours, Run a free check or have your essay done for you, Didn`t find the right sample? Baked Goods (based on average) $1 $1 $1 $1 $1. Task 1. SWOT - Definition, Examples, Process, Uses - Corporate Finance Institute The main change requirement should be . opening a Facebook store can . Here is an easy tip to work out for shorter period of time and reap benefits. Classes are coupled with state of the art fitness equipped to cater to those who prefer SWOT ANALYSIS This has led to an increased interest in fitness and health, and many people are turning to Bounce Fitness for guidance and support.

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