Question
Topic: Strategy
New Massage Therapy Business
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I'm in the early stages for launching a sports massage therapy clinic. The clinic is going to be in a city of 700,000, and reside in a wealthy area of town.
I believe my background as a reconizable professional athlete in the city will lend to the clinics marketing ability.
The clinic will offer initial assessments and consultation to new clients 15min in advance of there appointment. As well following all appointments there will be an opportunity for therapist to provide clients with stretches or exercises in the gym area. These are some of the personalized touches that will be provided to set our business apart from other companies in this industry.
The Questions: I'm struggling not so much with a price point (though suggestions are welcome!). But as to how much sales promotions initially should be done? By reaching out to local sports teams, freebies, etc. I'm not sure how I will predict projected sales. The majority of the clinics in the city charge $60 per hour massage. I believe with the extra ammenities that $75 is a good value. The plan is to offer a premium membership to clients that sign a 12 month membership that entitles them to a rate of $60 per session for the month, and additional massages for the month at a cost of $50.
Thanks,
Mike