Marketing Analysis : Diamond Evolution Fitness Center

The rise of the U.S. health club industry can be traced back to the 1980s and 1990s when the majority of health clubs emerged. By 2004, this $14 billion industry claimed 41 million members. Although the health club industry operated in a perfectly competitive market, several prominent key players gained large market share, including Bally Total Fitness and 24 hour Fitness. This perfect competition encouraged entry of smaller emerging firms into the industry. In 2004, the health club industry consisted of 26,000 clubs in the U.S. Of this growing market,

"LA Fitness grew out of three clubs, each owned by one of the founders. In 1990 Fred Turock, Jeremy Taylor and David Turner decided to get together to jointly manage these clubs, with the aim of building up a network of gyms with first class facilities. In 1996 they created the LA Fitness brand and the following year they joined the top ten health and fitness club operators, catering to a wide variety of people of all shapes and sizes and with a huge range of goals. In 1999 the growth and success of the LA Fitness group led to a listing on the London Stock Exchange. In 2005 the team decided they needed more control - they wanted to make sure LA Fitness could continue to provide affordable membership and a fun environment for its growing

projected to triple by 2050. Additional studies shows that last year million of family and friends

Fitness is one of the most growing industries in the world. We see it everywhere at the stores, on our televisions, and all around us. We were taught in school that we need to stay fit and healthy or we would become fat and obese. Fitness is so big now because of our recent problems with obesity. The problem with trying to stay fit is it takes and a lot of people do not have time, so companies make workouts that take less than an hour. You look at these people and they are fit there are not heavy people, everybody get results. The sad thing is they were fit from something else and a company just told them to be in this video and we will pay you. The bad thing about the fitness is there are a lot of people that are dishonest and lie about how they got their body. The fitness

The health club industry has continued to see an increase in the amount of health clubs/fitness centers. Since 1992, the United States has seen the number of health clubs increased by almost 40 percent, from 12,635 to 17,531 facilities. It has also seen an increase in membership by almost 60 percent, from 20.8 million to 32.8 million. What this all means for Fun 4 Life Fitness Center, LLC is that the market is ever growing which translates to more competition. Most fitness centers offer a variety of services to address the needs and convenience of the customers. Some of these services includes personal trainers, facilities with state-of-the-art equipment, and programs that cater to mostly every demographic.

Fitness is in. The percentage of people belonging to health clubs and gyms has doubled over the past 20 years. More growth is expected, fueled by an aging Baby Boomer generation in search of eternal youth and the reality that regular exercise can prevent or control diseases that are driving health care costs relentlessly upward. The 24/7 fitness opportunity is the newest model of fitness centers today.

We’re getting unhealthier. Less than 50% of Americans participate in activities that make them healthier, such as eating healthy and exercising. Insurance rates will differ based

Another reason for increased usage involves all ages. Most consumers have had changes in lifestyle from earlier years. Seven out of ten Americans of all ages do not get the minimum amount of recommended exercise.(National Coalition on Healthcare, 2005, Facts about healthcare

Diamond Evolution Fitness Center was created to meet the individual needs of those clients that may desire personal assistance ensuring they are completing each exercise within their limits in a safe environment. As of 2012, there were 73.5 million adults with at least one basic actions difficulty or complex activity limitation that are noninstitutionalized over the age of 18 and 17.2 million adults that are unable to walk a quarter of a mile (National Center for Health Statistics [NCHS], 2014, table 49). These individuals may not be able to utilize all of the equipment or services at a typical gym, but our facility is designed to ensure that every individual is able to work within their limits to achieve their goals.

Our company, Eli-Gar LTD. are the parent company of Gold’s Gym of South Texas and have been in the fitness industry since 2005. We have focused our growth in North Laredo and the Rio Grande Valley, however, in recent years our group have come to the realization that Laredo is a very different city from what it was 11 years ago. In the past, many businesses may not have deemed it financially responsible to invest their money in an underdeveloped area such as South Laredo, but times have changed and we feel that South Laredo deserve all the amenities and services that may currently only be offered in North Laredo.

The demand for exercise programs, diets and supplements to aid in weight management will continue.

Effective and efficient companies will need information on the country and the industry before setting up their operation in the stated area. This report focuses on Fitness First as one of the leading global health club companies and Singapore as the chosen country. The purpose of this report is to provide the PESTLE analysis on Singapore along with the Porter’s 5 forces analysis on fitness industry in the country, to understand how the company entered the industry’s market. The structure of this report will be as following; company background, country background, PESTLE analysis, Porter’s five forces, strategic recommendations, and the conclusion.

They also say that nearly 40 percent of people over age 55 report participating in no leisure exercise AT ALL! 2. I find all of these statistics to be way too high and we as a nation have to do something about it. (Now I will talk about the advantages of exercising) II.

Issues containing weight control, fitness, and nutrition are a prime subject in today 's culture. Completive companies are existent and they have many different levels of health clubs and fitness centers; this contains everything thing from price, equipment, staff , activities and classes offered. In the present time, topics being subjected through the industry are; disease control and research, diet and fitness trends of 2005, performance running, life balance, eating and sleeping right, working out according to personality and foods to lower cholesterol. Many people from The States are on a constant search for what is new, healthy and trendy. Health and fitness clubs were put in our society to make people feel and look good, and now not only are they there for that but they are making a large profit as

• young active people (between 15-19 years of age, who practice sport for good body shape or just for health, approx. 220 937) and