Bookshelf · Gym Launch Secrets
Gym Launch Secrets by Alex Hormozi, framework 9 of 33
Virtuous versus vicious cycle of price
How price moves client behaviour and the business.
Alex Hormozi's framework, from Gym Launch Secrets, pp. 141 to 164.
- Lower price
Emotional investment, perceived value and results fall while demandingness rises.
- Business effect of low price
Profit per customer, self-value, service levels and sales conviction all fall.
- Higher price
Investment, value and results rise while demandingness falls.
- Business effect of high price
More profit to reinvest, higher service levels and stronger sales conviction.
From chapter: Chapter 8, Price-Profit Levers, pp. 141–164
More from this book
All 33 frameworks-
Framework 10 · Offers and pricing Two-tier membership actions What to do to the membership structure.
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Framework 11 · Money and finance Choosing a billing cycle Compare 7, 14, 28 days and monthly on four factors.
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Framework 12 · Money and finance Service margin calculation Four numbers that give a session gross margin.
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Framework 13 · Money and finance Overhead lever summary Four actions to raise margin.
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Framework 14 · Offers and pricing Your New Gym On Paper Four steps to model the full turnaround.
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Framework 15 · Lead generation The pie equation The formula for the maximum number of EFTs.