• themeatbridge
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    242 months ago

    It’s the Gym Membership profit model. At any given time, all gyms have far more subscribers than they have capacity to handle. But they know only a subset of subscribers will show up regularly, and many will never be there at all.

    • @[email protected]
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      92 months ago

      It’s the Gym Membership profit model. At any given time, all gyms have far more subscribers than they have capacity to handle. But they know only a subset of subscribers will show up regularly, and many will never be there at all.

      Fractional reserve fitness

    • @[email protected]
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      2 months ago

      Yes, although part of the gym membership profit model is what I alluded to in the second paragraph. Usually they make it quite difficult to cancel and have long minimum subscription durations (or charge you a multiple for month to month basis).

      So I wonder if we will see that becoming the norm for streaming services as well at some point. At least the long durations. I guess they cant make it as difficult to cancel as gym memberships, since it’s all online and automated.

    • @[email protected]
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      32 months ago

      Gyms have the advantage of ostensibly being beneficial for health, which I’m sure also prevents people from canceling. They feel like they really should be going, just aren’t.