Topic updates
The Contestable Gym Market
19th January 2017
Many A-Level Business students are looking in depth this year at the UK gym market as part of their exam preparations. Some of Jim's tweeted charts are superb context for understanding the contestability of the sector and in particular the rapid emergence of new low-cost gyms with different pricing models.
The most significant change in the UK Fitness Club market in recent years has been the rapid growth of budget chains #edexcelpaper3 pic.twitter.com/0ltyyOhY4E
— tutor2u Business (@tutor2uBusiness) January 17, 2017
The three main segments in the UK fitness club market are shown here. Is mid-market a competitive position? #edexcelpaper3 pic.twitter.com/jNr7qRedy5
— tutor2u Business (@tutor2uBusiness) January 17, 2017
Interesting data here on the increasing popularity of low-cost / budget fitness clubs https://t.co/aM9lOX7Mpp pic.twitter.com/duv6dw0zOu
— tutor2u Business (@tutor2uBusiness) January 16, 2017
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
You might also like
Growing Challenges Facing Privatised Royal Mail
17th October 2014
Technology as a Disruptive Force
9th June 2014
Reducing Contestability using the ‘sardines’ technique
15th May 2014
Indie Games and Contestable Markets
2nd August 2013
A mega example of contestability
20th January 2013
What is Market Concentration?
Study Notes
Barriers to Entry and Exit
Study Notes
Explaining Sunk Costs
Study Notes