Frequently Asked Questions
Why Do Brands Pay Gym Owners?
Brands spend millions trying to reach health-conscious consumers. With GymSciencx, gyms act as micro-influencers, offering brands a direct and cost-effective way to engage a targeted audience. This reduces brands’ Cost Per Acquisition (CPA) significantly, and gyms benefit financially from this arrangement.
Commission Rates Offered by Brands to Your Gym
Commission rates from brands typically range between 1% and 25%, depending on the brand’s size and the product type. Generally, more popular brands offer lower commissions. For example, a well-known brand like Nike pays lower commissions because it already has high customer trust and strong conversion rates. In contrast, lesser-known brands may offer higher commission rates to incentivize partnerships and increase their visibility.
Why My Gym?
Gyms are ideal micro-influencers. GymSciencx allows gym owners to compliantly opt in member data for targeted advertising. Unlike any other platform, GymSciencx allows you to earn revenue from purchases outside the gym while simultaneously reducing your SaaS fees.
For example, when an Equinox gym member buys Nike shoes, Lululemon apparel, or skincare products from Sephora totaling $1,000, the gym earns a $200 commission. This isn’t a one-time payout—it’s recurring revenue every time members make eligible purchases.
How Does GSX Make Money?
GymSciencx earns revenue through its profit-sharing model and partnerships with the apparel, supplement, and cosmetic brands that collaborate with your gym. By providing exclusive discounts to gym-goers and facilitating direct connections between brands and members, GymSciencx creates a sustainable, mutually beneficial ecosystem. This approach not only generates recurring revenue for your gym but also enhances brand loyalty and customer satisfaction, as members enjoy discounts on products they already love.
Why Do Gym Members Love Us?
Members can get discounts on the products they already love. Medspas, apparel brands,
cosmetics, and supplement companies offer exclusive discounts through GymSciencx,
benefiting both the members and the gym.
Why Do I Have to Use Cliq Payments?
Cliq Payments, led by our CSO Andy Phillips, offers a seamless, integrated payment experience that allows for easy tracking of commissions and revenue-sharing between gyms and partner brands. This ensures fast, accurate payouts and minimal administrative burden.
How do I track my commissions?
To track your commissions through our gym management software, follow these steps:
1. Admin Login: Use the admin login provided by the gym to access the software. This will
give you a detailed view of all purchases made within the system.
2. View Purchases: Once logged in, you can see a list of all transactions, including the
purchase price for each product or service. This feature provides transparency on what
has been sold and at what price.
3. Commission Rates: Along with the purchase details, the software will display the
corresponding commission rates for each item, making it easy to calculate the total
commission earned.
4. Automated Tracking with Cliq Payments: To streamline the process, ensure that all
gym members use Cliq payments. This payment system has been integrated with the software to automatically track and calculate commissions, eliminating the need for manual tracking.
By using Cliq payments, the entire commission tracking process becomes automated, making it easier for you to monitor your earnings.
Who helps me with data migration?
For data migration, our support team is available to assist you throughout the entire process. We ensure that all your existing data is securely and accurately transferred to the gym management software.
Here’s how the process typically works:
1. Initial Consultation: Our support team will first assess your current system to understand the type and structure of the data that needs to be migrated.
2. Data Mapping and Preparation: We will work with you to map the data fields from your current system to the new gym management software, ensuring that everything is correctly aligned.
3. Migration Process: The support team handles the technical aspects of migrating your data, ensuring it is safely transferred without any loss or corruption.
4. Testing and Verification: After the migration is complete, we will help you test the system to ensure all data has been transferred accurately and is functioning as expected.
5. Ongoing Support: If any issues arise after the migration, our support team will be there
to assist you in resolving them quickly.
Our goal is to make the migration as smooth as possible with minimal disruption to your gym operations.
When do I get paid my commissions?
Your commissions will be paid every 30 days. With the automated system through Cliq
payments, the gym management software tracks all purchases and calculates your
commissions accordingly. You can easily monitor your commissions using the admin login, and rest assured that payouts will be processed on a monthly basis, ensuring timely and accurate payments every 30 days.
Can I just partner with brands and medspas without GSX?
The short answer is: anything is possible. However, the long answer is, it would be quite difficult. GSX partners with thousands of gyms, aggregating gym member data while ensuring compliance with strict privacy and marketing laws. Major brands like Nike, Sephora, and large medspas often outsource their marketing to third-party companies that have a rigorous vetting process. By partnering with GSX, you avoid all the legal and communication liabilities that come with managing member data and privacy. Plus, you get the majority of the revenue from these partnerships—making it a true win-win for your gym.
Ghost Students
To manage ghost students effectively, we offer a solution that helps you save money and maintain your revenue stream:
1. Program Downgrade: We will downgrade your current Gym Management Software
(GMS) program. This downgrade reduces the cost of your Software as a Service (SaaS),
helping your gym save money while still managing your member billing effectively.
2. Continued Billing: By keeping the ghost students on the system without direct contact, our approach ensures that your gym can continue to bill each member until you decide to update their billing information in the Gym Management Software. This method helps maintain your cash flow without causing any disruption.
3. Avoiding Direct Contact: We understand that the worst outcome would be to alert
ghost students and potentially give them a reason to stop their payments. Therefore, our
strategy is designed to avoid direct contact with these members, allowing you to manage
billing discreetly and effectively.
This approach helps you keep your gym’s revenue stable while you decide the best course of action for updating member billing information.
What Makes GSX Better Than Competitors Like Mindbody or Club Ready?
● Lower Cost: We offer a more affordable solution than any competitor on the market.
● New Revenue Streams: Unlike others, we generate recurring revenue for your gym by
tapping into purchases made outside the gym.
● Brand Partnerships: We have established relationships with top-tier brands, which
motivates your members to keep coming back.
● Social Media Integration: Our app connects with social media to promote your gym.
● Gamified Workouts: We use gamification to motivate members, offering special deals
from the brands they love based on their gym performance.