BFS Speakers – Five Questions

Stephanie Moran What trends do you see most affecting the future state of the Boutique Fitness industry? Consumers are increasingly purchasing multiple memberships to get a complete and well-rounded work out and they want fitness on demand. Not to mention the MB acquisition by Vista. Who or what inspires you as a business owner and...
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Amy Hochhauser What trends do you see most affecting the future state of the Boutique Fitness industry? I think there is going to be a lot of consolidation in the Boutique Fitness Industry over the next few years and it will be more important than ever to differentiate yourself from the pack and deliver on...
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Gail Giovanniello What trends do you see most affecting the future state of the Boutique Fitness industry? People want a true ’boutique’ experience: Personalized service, a great workout, a great customer service experience, a place to meet friends and be part of a small community. Plus, the digital market is going to BOOM more and...
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Frank Benedetto What trends do you see most affecting the future state of the Boutique Fitness industry? Technology. Specifically, the technology involving fitness and nutrition programming. There are platforms emerging in the currently separate fields of program delivery and results tracking via biometric data. When these two areas become linked, we will be able to...
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Kari Saitowitz What trends do you see most affecting the future state of the Boutique Fitness industry? Technology will continue to shape the industry from marketing and customer service to back-office functions and the overall actual experience. Brick and mortar locations will need to offer differentiated propositions vs. digital content. New entrants, variety-seeking behavior and...
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Amy Glosser What trends do you see most affecting the future state of the Boutique Fitness industry? Two trends that could affect boutique fitness negatively are virtual/home-based workouts like Pelaton and the high cost of small businesses in NYC. That said, the pie is getting bigger and many more people working out. Who or what...
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Roxy Borger What trends do you see most affecting the future state of the Boutique Fitness industry? Trends is a big question. I wonder how technology will continue to evolve to serve the studio experiences with apps, online courses, education and VR, and I’m also watching how the larger entities who own several brands and...
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Canada Salter Who or what inspires you as a business owner and why? My inspiration comes from untouched opportunity in my industry. Change and growth within my company makes us better and keeps competition from catching us. What is one of the most important lessons that you have learned as a studio owner? The most...
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Eric Posner What trends do you see most affecting the future state of the Boutique Fitness industry? The continued proliferation of the wellness industry as a whole is supporting the growth of boutique fitness (the wellness industry is growing 2x faster than the global economy), and real estate deals are getting sweeter during the ‘retail...
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Lars Scofield What trends do you see most affecting the future state of the Boutique Fitness industry? Mainstream population adopting wellness and fitness, group exercise proliferation into different lifestyle levels (e.g. professional networking, social events, dating, employment team building activities etc), in-home exercise market share, value-based big box gym market share and outdoor physical activity...
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