Kids slipped in at 5:59 pm to beat peak pricing. Felipe Apablaza, CEO of Grupo Wellness, turned that into a gym with no membership.
Felipe Apablaza runs DMOOV, a membership club chain in Chile, and Neo, a gym with no membership at all: you pay per visit and the price moves with demand. His co-founder came from airline revenue management. He says 40% of Neo's users were not going to any gym before, which raises the question of who the monthly contract leaves out.
In this conversation:
- Why kids walking in at 5:59 pushed DMOOV towards peak-hour pric
- How a 90-person cap and a twelve-visit ceiling shape what members pay
- Who comes to a gym that has no membership, and what it costs to bring them in
- Why a free app, not the gym, is Neo's acquisition channel
- How he plans to take pay-per-visit into other operators' clubs
Season 2 of Tomorrow Health is sponsored by Zing Coach - every gym member, personally coached.
Chapters:
00:00 Why the monthly contract is wearing out
00:10 Grupo Wellness, Neo and three things to listen for
01:12 Six companies and a sports city
02:25 DMOOV: one price, every training space
03:43 Ten million in revenue, seven from DMOOV
03:57 Why build a second gym brand
04:42 Kids at 5:59 and an airline revenue manager
05:58 What Gen Z does on a gym floor
06:19 Three things Gen Z wants
06:38 Strength, mirrors and DJ nights
07:36 Pay per visit, 90 people at a time
08:41 From 12 to 55 dollars a month
09:03 A 3.50 average check-in, benchmarked on Smart Fit
09:28 13,000 visitors and 40% new to gyms
10:36 Who the 40% are, and what they cost to acquire
11:25 The free app as acquisition channel
12:28 Nine gyms in Chile, then Peru, Colombia and Argentina
12:59 Why the gym itself is a commodity
13:40 How dynamic pricing flattened the peaks
14:53 What changes in Europe and the US
16:05 Building a technology company out of a gym
17:28 Plugging into the CRMs gyms already use
18:17 Why Latin America is a year behind
19:06 Price points decide Latin America
19:57 What the industry gets wrong about technology
20:26 One decision: four visits a month, not twelve
Links:
* Felipe Apablaza on LinkedIn: https://www.linkedin.com/in/felipeapablaza/
* Neo Plex: https://www.neoplex.cl
* Zing Coach, season sponsor: https://zing.coach/
* Natalia Karbasova on LinkedIn: https://www.linkedin.com/in/karbasova/
* Tomorrow Health: https://tomorrow-health.com
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* Apply to join FitTech Club: https://fittechclub.com/