Gym · 14 min
What a lost member costs
A member who quits stopped coming weeks ago, it costs real money to win the one who replaces them, and the lease doesn't care either way.
Ticket 01 · The guess
They stop coming before they stop paying
Words to know
Sources and every number (1)
Sources
- Paying Not to Go to the Gym (American Economic Review, vol. 96, no. 3; three US health clubs, 1997 to 2001) · Stefano DellaVigna and Ulrike Malmendier, 2006
Every number
- 2.31 months
aeaweb.org ·2006 · Average full months between a monthly member's last visit and the end of their membership, at three New England health clubs, members joining from 1997. - $187
aeaweb.org ·2006 · What those members paid, on average, for the months after their last visit. - 20%
aeaweb.org ·2006 · Share of those members whose gap lasted at least four full months. - 7,752 members
aeaweb.org ·2006 · Members in the study, at three New England health clubs, followed for about three years.