Episode 252: Scaling Your Success: The Latest Strategies for Studio Owners Who Want to GROW

What We Cover In This Episode: What to consider if you're thinking of expanding beyond your current physical space [7:25] A look at integrating retail products, and whether it is a smart move for you and your boutique fitness studio [12:20] How you can use tech-driven service expansion to facilitate new services for your customers [17:29] Some ways to use cross-promotions and partnerships in order to scale [22:32] What a feasibility analysis is and why we recommend you do one as a studio owner wanting to scale [27:00] Things to consider when making pricing adjustments in your studio [28:06] Our brand new segment "Fit Favorites" and a cool new product for you to check out [29:32] Quotes: "If you were going to sell a product, your positioning, what you put next to each other and how it's presented is very important for your sales. There's a lot of psychology that goes into how you merchandise your space and lay it out." [Megan, 15:01] "There's a lot of impact to be had with partnering with other local businesses or even online influencers to expand your reach in general, or maybe even the ability to cross-promote services or even create a new service together." [Megan, 22:20]  "Just really decide what's going to be in-house, and if it's not going to be in-house, what is that partnership that you can really be valuable for? Maybe it's just a discount, maybe it's a combination of rewards, or maybe it's also a spot where you can host community events to drive leads to your facility." [Nick, 23:20]     LINKS:  Garmin Smart Watches & HRM Fit Oura Rings The EV Shop Smart Rings Mojawa Unveils The HaptiFit Terra: A Complete Sport and Fitness Solution with Bone Conduction and AI Training (Fitt Insider)  Register Now for the fitDEGREE Owners Summit Happening October 15th, 16th & 17th in Atlanta, GA!  Learn More About Our Partners & Get Exclusive Offers Visit the fitDEGREE Knowledge Base Send Megan Your Playlist or Discuss the Podcast Here! fitDEGREE's Business Portal https://calendly.com/fitdegree/support  [email protected] https://www.instagram.com/fitdegree/ ​​https://www.instagram.com/fitspot_guru/  https://www.fitdegree.com/blog  https://www.youtube.com/channel/UChJ5rK6zWPXjbxtUQx3ys9Q