Learn about actual and potential costs
How much should I pay for Corporate Gym Memberships?
What is the average price of Corporate Gym Memberships?
This procurement report includes pricing information to help you purchase Corporate Gym Memberships. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.
Has the price of Corporate Gym Memberships been rising or falling?
Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.
I’m not ready to purchase Corporate Gym Memberships yet. Will I pay more if I wait too long?
We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.
What other costs are associated with purchasing Corporate Gym Memberships?
Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Corporate Gym Memberships with a reduced risk of unexpected costs.
See how we display average pricing information, trends and market data.
Find the vendor to meet your needs
Where can I purchase ?
Despite the prominence of established national chains such as Fitness International (the parent company of LA Fitness), 24 Hour Fitness and Life Time Fitness, the corporate gym membership market remains fragmented and highly competitive. ProcurementIQ estimates that there are about 39,500 gym operators providing services in the United States, with... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Return on Investment
What types of data do you provide to quantify and track the effectiveness of your fitness programs?
What methodology do you use to estimate cost savings and return on investment?
Can you provide detailed information about the health risk assessment you have in place? Do you conduct biometric screenings?
What clients have you worked with in the past? How can you leverage your past experience to serve our fitness program?
Communication & Education
What types of employee communication services do you provide? Can you provide any samples of employee communication materials, including both generic and program specific?
What internet-based communication tools do you currently have in place?
Do you provide communication services in different languages?
How do you monitor your client and employee satisfaction?
What measures do you undertake to ensure the confidentiality of participant information?
What practices do you use to prevent unauthorized access to and disclosure or breach of participant information?
Can you provide a disaster and recovery plan in case of any catastrophic event, such as a case where the employee's privacy is compromised?
Can you provide detailed, written operational procedures to ensure compliance with all applicable regulations?
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Key elements for every RFP
What should my RFP include?
If one exists, buyers should specify their budget for the desired corporate gym membership services.
Buyers should inquire about monthly rates for the gym.
Buyers should inquire about fees for special classes or personal trainers, if applicable.
Buyers should include information about any budgetary constraints.
Buyers can reference the Benchmark Price and Total Cost of Ownership sections of this report for assistance in creating a budget.
Buyers should evaluate potential vendors based on their ability to fulfill the services outlined in the RFP.
Buyers should evaluate potential vendors based on their ability to provide a superior level of customer service as evidenced by references.
For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should outline the schedule and process for the RFP and project.
Buyers need to include the date when proposals are due and when the award will be announced.
Buyers should outline the length and terms of the contract as well as cancellation policy terms.
Evaluate major factors to mitigate risk
How risky is the supply chain?
Corporate gym memberships carry a low risk of supply chain disruptions. While trends in suppliers' operating costs depend on a number of macroeconomic factors, gym operators are not heavily dependent on critical inputs that can undermine the supply chain. Gym operators rely primarily on talent acquisition and retention; employing highly... Subscribe to learn more.