Wodify is a leading all-in-one fitness management software, trusted by over 5,000 of the world’s top businesses. With one of the industry's largest & most accurate datasets, we decided to create this blog series to share specific metrics that are proven to drive results, insights from the most successful gyms, and how Wodify customers can track their progress. 

Intro

Welcome to Wodify’s "Behind the Numbers” blog series, your gym owner's guide to data-driven success. Our last blog explored Why 11 is the magic number for attendance frequency. In this edition, we are taking a step back and focusing on getting the leads through your gym’s door through the invaluable strategy of client referrals. 

We'll unveil the secrets of lead data for your business growth! Dive into this edition to:

• Understand the significance of lead generation per active client
• Explore lead conversion rates across different business types
• Uncover the power of leveraging client referrals for lead acquisition

This data could redefine how your gym leverages referrals to gain leads…get ready! 

The Data Uncovered

The pulse of any thriving fitness business lies in its ability to attract potential clients! We've gathered lead generation statistics across various fitness businesses, and here's what the data reveals:

Average Number of Leads Per Active Client

Across the industry, the average number of new leads generated per active client is 2.73 new leads annually. However, this metric varies among different fitness business types:

• CrossFit and Fitness Facilities: An average of 2.82 new leads per active client.

• Jiu-Jitsu Studios: A slightly lower average of 1.48 new leads per active client.

• Other fitness-business types: An average of 1.26 new leads per active client

Lead Conversion Dynamics

While lead generation sets the stage, lead conversion rates determine the success of transforming them into loyal clients. The overall average conversion rate stands at 45.3% annually. 

Here's a glimpse into the conversion rates across various fitness businesses:

• CrossFit and Fitness Facilities: a conversion rate of 45.7%

• Jiu-Jitsu Studios: a conversion rate of 34.6%

• Other Businesses: a conversion rate of 40.8%

Now, let’s delve into the invaluable strategy that can significantly impact your fitness business’s bottom line: leveraging client referrals for lead generation.

The Impact on a Fitness Business Owner’s Bottom Line + Tips

Referrals wield a power unparalleled by any other marketing tactic. Why? Because they come from a place of trust.

When an existing client refers a friend or family member to your business, they’re personally vouching for your services. This endorsement holds immense weight in converting leads into loyal, paying customers. Increase referrals to your gym or studio by:

• Create an Incentivized Referral Program: Motivate your existing clients to refer friends by offering incentives! Whether it’s a free month’s membership, exclusive merchandise, or discounted rates, incentives can be a powerful catalyst for generating referrals.
• Offer Dual Incentives: Incentivize both the existing client and the referred individual. This dual-benefit approach not only encourages existing clients to make referrals but also entices potential leads to consider joining your fitness business.
• Make Referral Process Seamless: Simplify the referral process for your clients. Provide them with easily shareable referral codes or links that they can pass along to potential leads. Encourage Social Sharing: Leverage social media as a referral tool. Encourage clients to share their gym experiences on platforms like Instagram, Facebook, or Twitter. User-generated content showcasing positive experiences can attract leads organically.
  

By capitalizing on the power of referrals, you can significantly boost your gym’s lead generation rates. These organic leads, rooted in trust and recommendation, often result in higher conversion rates, positively impacting your bottom line and fostering a community of engaged, satisfied members.

Stay tuned for more data-driven revelations and strategies to propel your gym to greater heights!

If you aren’t using Wodify, you can book a free consultation here and get 50% off your first 3 months!