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	Podcast:		TwoBrainRadio
	Episode:		Average Revenue Explosion: From $70 to More Than $400 Per Member
	Category:		Health
	Duration:		00:25:43
	Publish Date:		2024-02-01 05:00:00
	Description:		How much extra revenue would your gym bring in if you increased rates by just $10? What if each client contributed $300 or more to your gross revenue? In this episode of “Run a Profitable Gym,” host Mike Warkentin talks average revenue per member (ARM) with Kelly Lorenz, owner of FORM gym in Marblehead, Massachusetts. Kelly’s gym boasts an impressive ARM score: It earned a spot on Two-Brain's December 2023 Top 10 leaderboard, which runs from $427 to $800 per month. Kelly built her ARM number with a $10 rate increase and the addition of several new, valuable programs that solve clients’ problems. For example, she developed and sold a 10-week program for kids that had a huge effect on her ARM. She also added on-ramps, personal training and small-group training. Tune in to learn strategies for boosting your ARM, all while retaining high-value clients. Your first ARM target? $205. If you hit that and serve 150 clients, you can earn $100,000 a year as a gym owner. Links Gym Owners United Book a Call 1:53 - How has your ARM changed? 4:38 - Adding value 8:20 - Kids programs 13:45 - High-value clients 19:37 - Baby steps for gym owners
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