Balancing Health & Monetizing Biggest Opportunity
Staying active is one of the most effective methods to keep our bodies healthy.
Did you realize, this is the most vital need that your audience is looking for, especially when you know that you can make money by getting healthy?
Yes, you can provide this happy pill to your customers with varied best business-fit ideas for fitness
Before that, you need to know the current scenario of..
Why aren’t people interested in renewing their gym membership in a pandemic?
Today, our workout habits have evolved in the new normal times, with an increasing number of people who opt to sweat it out at home rather than going to the gym.
Studies have shown that 60% of gym-goers plan to cancel their fitness membership in gyms with the result of COVID.
Thanks to the rise of online fitness streaming platform which has improved the quality of life & turned out homes into cost-effective fitness studios.
Fitness Industry Online
How people around the world use online fitness platforms to learn more from fitness personal training studios?
Moving fitness lessons at online endeavours is the easiest method to generate extra money as a personal trainer.
With a virtual studio, you may do the following:
- You’re no longer bound by client’s timetables.
- You can reach out to a much larger number of people than you could ever manage in person.
- You can design special offers for your most devoted customers.
These advantages aren’t just for trainers. Any fitness business may expand its reach — and profits.
Here are some stats that can help you to start your business journey in finding out how to make money in fitness industry seeing the rapid growth & scope of streaming apps/platforms.
Did you know that the eService Fitness market in the United Kingdom is expected to generate income online until 2024?
Moreover when we take a roundabout estimate the global fitness app market is forecasted to register with a CAGR of 31.25% between the year 2019-2026. – Market Research Future
Can you really make money as personal trainers using fitness videos?
Well, the fitness videos for coaches, gurus, as well as personal trainers, are the next big thing. They provide you with the opportunity to earn extra money by sharing your skills & knowledge. They also allow the best way to use digital media & develop your business.
This is done by making best workout plans & reaching a broader audience who are actively looking for high-quality fitness videos online. All of it depends on how your entertaining videos are streamed to capture the general audience’s attention & keep them thoroughly engaged.
Let’s take a look at its integral importance…
How Videos Make Money in Fitness Industry?
The most attractive way across all mediums?
All other visual and audio elements can be included in a video. A fitness video can be a great combination of a simple exercise podcast or a fitness-related article, with an unlimited number of images, infographics, vlogs, and social posts. This is something that no other media can do.
In fact the video industry is at the top of the virtual content chain indicates its major dominance. When a video is made showcasing its effectiveness, viewers of any demographic can easily comprehend the inherent message in all kinds of platforms/devices such as Android, iOS, Tablet, PC, Smart TV, etc.
Did you know, on a monthly-basis 2.3 Billion users are logged-in Youtube which showcases the power of video watching growth in recent times – WordStream
How Fitness Trainers Promote Their Brand Through Videos?
Now the question of how to start with an online fitness coaching is no more a hurdle as video publishing business caters a great support. Instead some eminent top fitness streaming platforms help you in establishing awareness and trust with the ideal potential clients who are looking for precisely what you have to offer.
You can make use of your inherent potential strength showcased via workout videos and comprehend impactful messages in order to grow your brand.
How to Make Money as Fitness Personal Trainer?
There are numerous advantages with videos which are quite obvious, but figuring out how to make money in the industry of fitness online may be daunting at this time.
But don’t worry, we have got that all you need!
Build your personalized video hub where you can provide:
- Routine training plans that you can follow along with
- Fitness courses with lifestyle or any genre of videos
- Nutritional or Dietary VODs & mental-health care live sessions
Because everything is done online, you needn’t worry about how to increase the number of people you teach while reducing the time spent on the gym floor.
– Create a virtual exercise studio
Running a fitness business from home has several advantages: you’ll have access to a larger potential customer base, clients won’t have to pay for gym memberships, and you’ll be able to earn passive revenue.
6 Ways to Make Money in Fitness Online Industry
You can start connecting with your customers in a group livestreaming classes where multiple clients can join & go for any variation of training plans. As a personal trainer you can have answers for how to make money, since you can offer your clients special courses, create routine workout charts in a PDF and share some nutritional advice.
With that, you could try offering them with some pre-recorded videos & help them to follow your brand by paying a regular membership fee, etc.
Step 1. Convert fitness apps into full-time revenue generator
Fitness apps can help you to create more opportunistic ways to engage with your potential users as it gives complete freedom to access videos of their choice at any time. Your clients may continue where they left off, whether they’re at home, in the gym, or in a faraway hotel.
Scale up your business to an extent where trainers can make money in virtual gyms, can connect with clients wherever they are & you as would know how to have massive uptake in revenue.
Now your users can connect in every device with
- Smart TV
- Gaming Consoles
Step 2. Online fitness via Social Platforms
As a fitness video maker you can start nurturing your online presence ensuring competitive edge over digital media and pan with organic landscape. You can now easily promote your fitness offerings to earn money as well as drive awareness in the industry.
Step 3. Sell Workout Plans with Virtual Copies
The major factor that contributes to your success is, when you know how to turn your expertise into ready-to-use & downloads. Take your online personal training platform into greater heights with the best downloadable content & attract self-motivated enthusiasts who have come in search of a reference point where you can earn a passive revenue share via Ebooks.
Step 4. Stream fitness class sessions live
The best way to outbeat amongst the odd elements is to go for a live workout event. This helps you to collectively gather even non-subscribers & you can reach a wider group of targeted audience. You can schedule a live stream & stay connected with your potential clients and create a consistent relationship for staying well ahead of time.
Step 5. Promote Your Favorite Fitness Products
Some top class fitness brands make a source of revenue by affiliating workout products. By endorsing such products, increasing gym revenue will be much easier.
- Use a branded product oftenly
You can affiliate a product when you tend to use it regularly. This means that you are persistent to recommend the same trusted-brand products to your users and other followers.
- Receive a sum for recommending it
Inturn, you can make a sale & benefit with an added percentage
in profitshare. Some of the products that you can encourage your clients to use are:
- Fitness First Supplements
Gym trainers like you can recommend some supplements which can help your participants to have an improved exercise regime such as protein or weight-gain supplements.
- Resistance band workouts
You can aim to adapt to higher levels in fitness & promoting cost-effective things will help you to assure your customers, having least spent on it just like resistance bands.
- Yoga mats for relaxation
In the fitness industry, clients will have a satisfactory experience when you can cater to their essential needs, & make money. Fitness products like Yoga mats can be a great resource.
- Exercises balls charting workouts
People who enrol themselves into your online workout courses will likely look for gaining balance with stability. Therefore exercise balls can aid your users to develop core strength.
- Aids in Training
Personal trainers can help trainees to retain the training exercises that have been taught through online video platform & earn a surplus amount of revenue a month.
- Portable exercise equipment
You can also deliver total-body workout with portable equipment like Total Body Resistance Exercise or TRX and learn how to increase gym revenue
- Fitness trackers & watches
Let a fitness tracker help your visitors self-track their health by watching heart rate, step count statistics, calories burnt, etc. Regular use of digital watches help user’s goals achievable.
Step 6. Encourage fitness community by hosting a Workshop
Hold a workshop by creating it through online training courses. Organize them on daily chores like healthy family, cooking or stress management to attract members of your community. As an advisory fitness expert you can choose the best video hosting platforms & position your business well through these event gatherings.
- Create Contacts with Potential Clients
While earning extra cash you can gain highly-actionable results with your engaging video content. Since everything is put on one roof, unlike all kinds of videos in youtube, the convenience of connecting with clients can be easier than ever before.
- Assist a Huge Group of People
Workshops help to ease out with comprehensive structure breakdowns of understanding fitness physical practices & make it applicable to your niche targets.
- Share your expertise with other trainers
With the goal of sharing your knowledge, you can build social connections by interacting with other trainers while spreading your insightful experiences in a multitude in this virtual world.
- Get Additional Bucks with Nutrition Seminars
There are ways like, you could run Nutrition seminars every week such as “Eat best to Stay Fit” for tailormade demographics to make surplus money & scale up in the fitness industry.
- General Training For Learners
Growing participation in running strength fitness training classes for amateur athletes with a habitual level, say for a month will give you incremental benefits.
How do Fitness Websites Make Money in Online?
To start with, set your financial streaming goals, create the right set of courses with apt pricing structure, find the hosting for best fitness streaming services to have seamless delivery, sketch marketing tactics to have high rates of engagement, ensure multi-device compatibility and leverage the best monetization models. When you plan all of them….
Here are the top 6 ways guiding you to make money in online fitness in 2022
- Make A Fitness Video App
- Socially Grow Your Fitness Audience
- Earn Money with Downloadable Assets
- Adapt Live Fitness Business Model
- Sell Favorite Fitness Gadgets
- Conduct Workshops To Increase Networking
How do Small Gyms Make Money in Online?
When we look into how usually do gyms make money we come to know of 3 major things & they are: flexible membership fees, personalized training packages, and from selling numerous special workout classes. To add further, extra fitness gadgets or renting equipment occupy a major revenue share. Also, consistent fair fee structure and well-rounded fitness approaches give professionals a great option to entice enthusiasts.
How to Create & Launch a Fitness Streaming Platform?
Times of fore health practitioners with new technology
Technological advancements that appear to be accelerating at an unprecedented rate have spread their influence into the fitness industry, influencing how gyms deliver training routines.
How fitness platforms are helpful to connect wearable devices?
But, while serving the changing needs of its customers, the fitness industry has kept up with the steady influx of new, inventive products & solutions.
After all, the business of fitness has traditionally seemed to revolve around providing a large room full of metal equipment.
This is now replaced with people who can workout online with connected fitness-freak gadgets on their own for a monthly fee.
Take a look at the next segment that talks about..
Features Required For Streaming Your Fitness Content
It’s only a matter of launching your fitness platform once it’s been set up. To assist you with a unique list of features, alongside customization and complete end-to-end digital security for your premium contents VPlayed’s online fitness studio platform can help you to have them all in one unified streaming space. Moreover, you can use them altogether having lifetime ownership all covered at a single licencing cost.
To know more about it, let’s glimpse through some of VPlayed listed features below
- Personal training
Allow your customers to get in shape on their own time and money, without any stress of commuting. The online fitness streaming platform from VPlayed helps your users to engage with one-on-one personalized exercises & achieve their fitness goals effortlessly.
- Live Classes
Now as a trailblazing fitness trainer, embed live classes & connect with your clients from anywhere in the planet. Make your physical training lessons more lively in the best streaming mode. Real-time chat & communication can bring-in best engageability.
- Schedule classes
Acquire the freedom in how to organise live workout sessions as personal trainers and send push notifications to participants. Deliver rhythmic training videos throughout time to help your audience comprehend the need of physical fitness for making consistent money.
- Live 1 to 1
VPlayed enables you to broadcast your fitness guide or some customised workouts for your users to practise, as well as consult with professional trainers online while exercising, using separate live streaming sessions. As a result, you’ll be able to build a dedicated following.
- Fitness video courses
If you’re thinking of making fitness courses you can quickly upload exercise videos on your personal trainer website that your regulars can simply access. While on the move, broadcast energising lessons with no restrictions. Take your fitness courses to the next level.
How to Make Money with Best Monetization Options & Revenue Models in VPlayed?
SVOD Subscription or Membership Revenue Model
This model remains to be the most popular one chosen by many fitness content providers. It provides access to a wide number of offerings for one fixed price (For eg: weekly dues, monthly dues or annual payment). Now you can have a consistent & predictable stream of revenue.
Pay-Per-Video-Play Revenue Model
What is TVOD? This transactional VOD prime model can help you to entice clients who don’t feel fully chained unless they are being offered with a complete leverage aspect. Here your clients would pay for only particular interested media which really appeals to them. You can offer these after pays-as-they-play.
Best Data-Driven Ad Revenue Model
When you search how to earn quick returns from a personal training website you can completely rely on streaming ads between your videos & promote brands that offer more sustainable income after grabbing your audience’s interests to place dynamic sell points.
Additional Resources from Coupons & Promotions Model
As a measure of value & discovering new points of differentiation you can make easy money more than usual gym memberships via seasonal opportunities. You can monetize fitness video those unusual occasions by offering ecstatic coupons & promotional offerings.
Regularizing money flow with 3rd party ads integration model
Your streaming business value proportion depends on intermediate effective cross-collaborations. Generate sales via fitness studio platform by running various ads with strategic ingests. This can add value within your client base as well as welcome newcomers.
To summarise, many fitness enthusiasts are saying goodbye to clubs in favour of extremely adaptable streaming platforms that can help them stay healthier, making them excellent investment opportunities with appropriate planning.
In this article, we discussed critical elements that underplay a vital role in building customized fitness class platforms with advanced streaming capabilities, monetization models, for making a feature-rich fitness platform stand out in the marketplace.
If You Already Have An Idea About Looking to Make Money In The Fitness Industry, Schedule a Free Demo and We’ll Get You On The Road To Fitness Streaming Success!
Frequently Asked Questions(FAQ)
A huge opportunity in making money in digital fitness has been expanding & occupying its space into the mainstream view. Some of the best ways are: Online businesses personal training are in fashion, fitness training courses & workshops help to promote wellness, virtually teaching yoga & asking participants to join live or in pre recorded videos can answer your how-to monetize in this industry. Of course, additional resources like tutorial videos always help it further..
Enthusiasts thinking about how to make loads of money from fitness in numerous ways can have a complete online class-like platform in fitness. Here they can provide a fully immersive experience no matter when people are miles apart! Some of them are:
- Allow users to access live/ VOD workouts to get best base in your online fitness hub
- Subscriptions or 1-time payments can better your process of making money in fitness
- Launching promotional workout videos in social media is a great way to kickstart
- Create assets that are downloadable in your CMS library for generating passive income
If you are starting out with an idea of how to make money as a personal trainer you can have many types of fitness classes. You can now create newness in services offered online. This can help you to be a game-changer even in the fitness app industry. A breakdown of what services can be offered are: Yoga group class, Pilates with dozen variations, circuit training on a fast-paced note, high-intensity interval training, water aerobics, Zumba, & much more.
There is no doubt that digital fitness is here to stay and when you check the whereabouts of how to make money in the industry you’ll come to know that certain factors play a huge role. To start with, you can gain profitability through top most lucrative video streaming models like SVOD, AVOD & TVOD, Coupons & Promotions, and much more. Apart from these you can pull in subscribers through in-app purchases, integration of 3rd party apps, IoT solutions with wearable devices, etc.
While you are planning how to make money with fitness, apps play an important role today as websites that’s mobile-friendly are more loved by people. All you need to make sure that the tech is well-managed by the development team where you can include a mix of on-demand or live fitness content. You can add the popular models of monetization with payment integration and customer support. Examples include in-app purchase, mobile video streaming, live polls within the app, etc.