Marketing, Recruitment, Retention, Profitability Flashcards

1
Q

What are the 5 P’s of marketing?

A

Product
Place
Price
Promotion
Person

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2
Q

External Marketing

A

Any traditional marketing strategy that reaches many people simultaneously

  • Newspaper ads and inserts
  • Radio
  • TV
  • Yellow pages
  • Mail
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3
Q

Internal Marketing

A
  • Point of sale referrals
  • Existing member referrals
  • In house specials
  • Alumni mailer
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4
Q

Guerrilla Marketting

A
  • Lead boxes
  • Take one displays
  • Business cards
  • Door to door sales
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5
Q

Community Outreach

A

Press releases
Speaking opportunities
Contributions to community efforts

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6
Q

Corporate Outreach

A

Paycheck stuffers
Email broadcasts
On site services

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7
Q

8 Steps to creating an Effective Marketing Piefce

A
  1. Know your target market
  2. Create the headline
  3. Clearly state the benefits
  4. Make the offer
  5. Give them a guarantee
  6. Call to action
  7. Make it better than risk free
  8. Add a post script
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8
Q

What are some steps for presenting the price of your services?

A

Get out of your own head
Financially qualify the prospective member within the first 4-5 minutes
Have a professionally printed price sheet
Break down info into smaller pieces

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9
Q

What percentage of customers leave because of issues with employees?

A

68%

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10
Q

What does a good partnership between your front desk and practitioners look like?

A

Front desk has a clear understanding of their role in relation to clients
Gives accurate information
Understands how much info to give
Consistently positive and friendly

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11
Q

What are the 4 common profit centres?

A

Personal Training
Group training
Individual treatment
Specialty services

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