I charge 500 TL for monthly gym membership, competitor offers it for 300 — should I lower the price, or is something else missing?

If you want to succeed you gotta love the hard part of the job. Don't be sad, learn.

Edit: asked below, I wrote the answer in the second message.

Management perspective: Measure capacity measure demand, if there's a gap, find a partner or hire staff.

Quick: measure capacity (how many per day) calculate costs, raise price. Done.

bro you're gonna win this! do it this way and in 6 months you'll be raking it in!

Procedure: First, create a written policy. Get customers to sign it. Then enforce it.

exactly bro i got burned by the same crap. then i realized it was actually pretty simple. go, do what you gotta do.

Trying to solve it with words is impossible. Go do it fail, learn. That's the way.

yes, thats exactly how it is with gym memership pricing.. but measure first then divide. when the order is right the debate ends.

when making decisions write down the worst-case scenaroi too, not just the best. just leaving this note, it might be useful.

How did you solve this? A two-week notebook guides you more than a six-month forecast.

This is my opinion, I'm not claiming it's absolute truth.

Could you elaborate on that? If you don't write this down from the start, it leads to arguments later.

If you don't write this down from the start, it leads to arguments later. That's all, sorry if I went on too long.

Don't miss this: If you don't write this down from the start, it leads to arguments later.

The real issue isn't the number, but what it's based on. Of course, it varies if your situation is different.

I went through the same thing. Calculate how many months you can survive without revenue, then halve that number.

Splitting your budget without knowing where you're losing users is just throwing money in the dark. I'm also curious if anyone does it differently.

exactly, and not many people know this but mistakes made on the gym membership pricing side are usually reversible but expensive.

when you try to change everything at once, nothing settles but im also curious if anyone does it differently.

im in the same situation thats why Im asking but if you dont write this down from the start it leads to arguments later.

just leaving this note, it might be useful.

Three different views emerged, they all complement each other. If you get three different answers on a topic, the question was asked wrong.

Just leaving this note, it might be useful.

Same here. Processes without records never improve, because you don't know what to fix.

Hope this helps.

I'll argue the opposite, don't get mad. When making a decision, first look at what data you have on hand.

Correct me if I'm wrong.

There's also a measurement aspect to this. Finding a new customer is more expensive than keeping an existing one.

Splitting your budget without knowing where you're losing users is just throwing money in the dark. like correct me if I'm wrong.