Network Magazine Winter 2018 | Page 56

DIFFERENTIATE OR DIE A CASE STUDY OF AQUA INNOVATION By sharing the cost and risk of investing in new equipment between clubs, you can diversify your aqua offering and add new revenue streams, says swim school operator Julie Stevens. qua fitness should no longer be seen as the ‘poor cousin’ to land- based group fitness classes, whether it be in the swim school or fitness facility environment. Increasing numbers of men and women are taking to the water, either in addition to their existing fitness routines, or as the core component of their physical activity. If you instruct aqua exercise, or you manage a facility that offers aqua classes, you’ll be only too aware of the many challenges unique to this branch of fitness. From acoustic issues to water temperature, there’s always something to keep us on our toes! Another challenge is that of justifying the expense of buying bigger ticket equipment for classes that make only a small footprint on the facility’s group fitness timetable. We see gyms investing in state-of-the-art A 56 | NETWORK WINTER 2018 equipment on a regular basis, obviously in an effort to encourage, increase and retain membership. But rarely do we see $50,000 of aqua fitness equipment rolled out. In January 2017 at four established indoor swimming schools in Adelaide we did just that. Why? Because I believed that, like any business, we needed to diversify, and that an opportunity existed to offer additional income-generating services that would support the future success of the current business. I came to this realisation after having purchased 11 Acquapole Boxing sets in late 2016 and seeing this create enough interest to generate a return on investment of 120%. This prompted me to be a little more adventurous and really ‘put my money where my mouth was’. I met with a group of excited and motivated aqua fitness instructors employed at our facilities and