Ok, before I get into this, let me help you understand what this Coach Fee is all about. Too keep it simple, just think of owning a franchise like Smoothie King or even your own Crossfit Box. Whenever you buy into a franchise, there is some sort of fee or royalty that you pay to operate a business of a larger company to enjoy profits. But even before the monthly franchise fee, there is an initial buy in and application process.
WHAT DOES THIS HAVE TO DO WITH BEACHBODY?
Well, the company Beachbody is the larger company. And they have developed a separate department to handle their independent distributors, they are called Coaches. This entity is called Team Beachbody. TBB is made up of all independent business owners marketing the health and fitness products of Beachbody. Every Independent Beachbody Coach pays an initial start up fee which is as low as $39.95 depending on their business and fitness goals. Not bad since the initial start up costs for starting a Crossfit Gym is $3-$5,000 and about $1,000 per month to maintain, plus equipment etc. Oh and unlike a Crossfit Box, there is no limits to where you can work your business, as long as you have access to internet, you can work your Beachbody Business anywhere in the world and have unlimited customers.
WHAT IS THE COST OF THE MONTHLY BEACHBODY COACH BUSINESS FEE?
Only $15.95 per month. Does not include your own product purchases or personal promotional campaigns.
Ok, so now you have an idea what the costs are with starting a Beachbody Coach Business, let's talk about the Top 5 Things that are included in the $15.95 Beachbody Coach Fee that most people forget about. The list below is worth MILLIONS!
1. THREE WEBSITES to start promoting your coaching business. Although I feel it is important to start your own website or blog for branding purposes, it's good to know that the company provides you with these tools to help you begin earning profits from anyone who buys from your websites. The three sites that you get are: a general Beachbody Coach website, a Shakeology website, and a Beachbody Ultimate Reset Website. You as the Beachbody Coach Business Owner will receive 25% commissions on any customer purchase, and high commissions of up to $105 per challenge pack sold per customer. This doesn't include the residuals from supplements such as Shakeology.
Having these three websites already is worth $15.95
2. RESEARCH AND DEVELOPMENT - The company does all the homework on the latest health and fitness trends and launches products every quarter. You don't have to spend thousands or even millions to create the newest fitness product. Beachbody does it for you, all you have to do is test it, and share it.
Oh, and get this! You as a Beachbody Coach Business Owner don't even have to handle product shipping to your clients, they do that too! You do't have to turn your home into a warehouse, you can use that space to build a kick-ass home gym or office!
3. ADVERTISING - The company Beachbody spends as much as $140 million dollars per year in advertising campaigns that help Coaches build credibility with their own brand. From infomercials, to radio ads, to social media campaigns and more, the company is focused on helping their Coach Network become profitable by advertising their award winning health and fitness products to the masses. But it doesn't stop there, the customers who buy from these advertisements are also strategically given to people like you and I (the coach business owners) based on our performance. Let me give you an example. I've owned a Online Beachbody Coach Business now for 6 years. I have close to 4,000 customers to date and counting. I've personally went out and found less than 1,000 of those customers, the rest of the customers were given to me by the company. Can you tell me what other company does this? Beachbody doesn't only spend millions to help you brand your business, but they also give you their customers, now that's worth a whole lot more than $15.95 per month!
4. FITNESS APP to coach your customers! Did you know that app development is not cheap! For larger companies, app development can cost about $500,000 to millions. For smaller companies, this can be about $50,000 to $100,000. Beachbody has created an app for every Independent Beachbody Coach to build their own business and coach unlimited clients/business associates, and it won't cost the business owner one penny! The app is so high tech that you can pre-schedule your posts and let it work for you even when you're on vacation, or just don't feel like working. Just another way that Beachbody helps their Coach Network.
5. NETFLIX OF FITNESS - By now you've heard of Beachbody on Demand. It's literally like the Netflix of Fitness. Imagine owning your own Netflix Fitness Company without having to spend millions to develop it. Your digital product has over 500 workouts and is worth $6,000. The company Beachbody continues to add new workouts so that your customers won't ever get bored, EVER! As a Beachbody Coach Business Owner, it's as simple as asking your clients a few questions about their goals, and finding which program would be best for them based on "them". Since there are over 500 workouts in BOD, your customers don't even have to do an actual program because they can just choose any workout from the library. There is also a WOD feature called "Challenge Du Jour" where a workout is posted daily, so you don't have to think about it.
This is the wave of the future, and it's up to you if you want to partake. Beachbody on Demand does cost extra, but this is a product that was developed for all the Beachbody Coach Business Owners, and there was no investment required to profit from it. Not a bad deal at all.
Work your business, Work your body, ANYWHERE!
SO THERE YOU HAVE IT
Whether you are interested in starting a fitness journey, or become part of the new digital fitness age, or both, it's never been a better time to become a Beachbody Coach and Entrepreneur. If you have any questions, feel free to connect with me, I look forward to helping you on your path to success, whatever that may be =)
(Oh what the heck, I'm ready to start my business now - Click here!)
Are you outside of the USA and Canada? Interested in becoming a Coach? Ask me about joining my new Beachbody International Coach Group, it's free! Message me here!
***FYI, this post was not an attack on the Crossfit Brand, this was just a comparison on the start up fees for both business models.
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