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Except that the incremental cost of someone using a Gym is almost zero. Once you have enough members to cover the rent & employees, it's almost all upside. Mo
by FfejL 9y ago
Except that the incremental cost of someone using a Gym is almost zero. Once you have enough members to cover the rent & employees, it's almost all upside.
MoviePass will pay about $12 each and every time someone sees a movie -- more than the monthly fee any one member is paying.
So every super movie fan watching 10 movies a month requires more than 11 other members paying the monthly fee and then not using their membership at all. Hard to see that math working out.
- mbillie1 9y ago> Except that the incremental cost of someone using a Gym is almost zero. Once you have enough members to cover the rent & employees, it's almost all upside. Huh? What exactly do you think a gym's principal expenses are beyond rent, employee cost and equipment maintenance/replacement? And how long do you think a gym treadmill which is run on for ~6 hours a day will last? I'm not saying MoviePass automatically makes sense, but the idea that gyms are "all upside" after the initial equipment purchase is badly misinformed.
- jsjohnst 9y ago> Once you have enough members to cover the rent & employees, it's almost all upside. > but the idea that gyms are "all upside" after the initial equipment purchase is badly misinformed. I'm not sure how you read what GP said, but if you reread it you'll understand that the mistake was on you, not them being misinformed. Emphasis added to both their post and yours to highlight.