Planet Fitness CEO’s 2017 Resolution for Expansion

Planet Fitness CEO’s 2017 Resolution for Expansion

Assessment

Interactive Video

Business

University

Hard

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The video discusses the company's expansion plans, focusing on franchise growth and market position. It highlights the company's strategy to cater to a large segment of the population without gym memberships, emphasizing affordability and a judgment-free atmosphere. Financial metrics like return on equity are addressed, with a focus on growth strategies to enhance shareholder value. The video also covers customer retention strategies, including maintaining cleanliness, creating a fun environment, and fostering camaraderie among members.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies are being implemented to expand the gym's presence in Canada?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the gym cater to the 80% of the population that does not have a health club membership?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the survey conducted among new members regarding gym memberships?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures are taken to ensure cleanliness in the gyms?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the gym create a fun atmosphere for its members?

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