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145. Looks like location #3 will have to be elsewhere
Manage episode 417324530 series 3564764
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Ever felt the sting of a missed opportunity? That's exactly what hit us when our dream location for a new fitness studio in Plymouth was snapped up by a rival. In this episode, we walk you through the rollercoaster of emotions and strategic decisions in navigating the hyper-competitive fitness real estate market. We also peel back the curtain on how the surrounding businesses and the vibe of a neighborhood can dramatically influence the success of a boutique fitness space.
As we reflect on the lessons learned, we explore the curious trend of businesses clustering together, drawing parallels to car dealerships and questioning whether proximity can be more of a boon than a bane. You'll hear our candid thoughts on consumer behavior and how competing brands can sometimes inadvertently boost each other's appeal. No guest this time, just us, sharing the raw and real experiences from the field and the savvy nuances of positioning a high-end fitness brand. Join us on this journey of location scouting, complete with its disappointments and enlightening surprises.
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