Page 111 - DMGT506_CONSUMER_BEHAVIOUR
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Consumer Behaviour




                    Notes            Why?
                                     1.   Yoga is the only discipline in which strength, flexibility and balance are often used
                                          together, increasing all three in those who practice.

                                     2.   Yoga relaxes both muscles and minds-key in retaining health and longevity.
                                     3.   The breathing practices of yoga increase the ability to oxygenate the body, leading
                                          to an overall feeling of energy and well-being.

                                     Practically  speaking, yoga is also  the most  accessible form  of exercise:  It requires  no
                                     special equipment or clothing and can be practiced in whatever space is available, even in
                                     an airplane seat or on a bed. It can be practiced anytime, anywhere, by anyone of any age.

                                     A Singular Opportunity for Greater Profits
                                     Despite its obvious popularity and many benefits, economically speaking, yoga is being
                                     given away in most health clubs and  undervalued in  studios. Yoga is offered almost
                                     entirely in classes, which are generally included in monthly or other fees. What clubs in
                                     general, and even many studios, are missing is the great potential that exists for one-on-
                                     one yoga instruction.
                                     For several millennia, yoga  was taught  to people  of all  ages in a one-on-one format.
                                     Traditionally, the discipline addressed the physical, mental and spiritual needs of the
                                     individual. Today's class format limits the leader from working on the specific needs of
                                     different individuals. What's more, there is rarely any effort to teach participants how to
                                     utilize yoga to help them in their daily lives.
                                     However, the Boomer market for individual (or very small group) yoga sessions is huge,
                                     offering substantial advantages for consumers and facilities alike. For people with physical
                                     limitations, I would argue, private instruction is the only safe and effective way to learn.
                                     And there are many other types of clients who can benefit from studying this way, even if
                                     only to get started.

                                     Healthy, Active Boomers
                                     The youngest, healthiest and most active Boomers don't see themselves as having special
                                     needs; may not yet be worried about the effects of aging or  overuse; and  tend to  be
                                     interested in fitness, fun, stress  relief and improved athletic  performance. Why would
                                     these people find private yoga appealing?
                                     Athletic coaches of individual sports like tennis and golf have discovered that yoga offers
                                     more than a way to increase flexibility, balance and strength without creating bulk that
                                     gets in the way of  performance and adds weight. Many coaches also understand  that
                                     controlled-breathing skills help maintain target heart rate zones for optimal performance
                                     and that yoga has positive effects on managing distractions and improving concentration
                                     and body awareness.
                                     Since tennis and golf are still the sports of choice for affluent male professionals wishing
                                     to be active and competitive with friends  and business associates, it makes sense that
                                     private yoga will be an attractive offering. For people in this vital, moneyed segment of
                                     the club industry (ASD reports there are approximately 5.2 million regular tennis players
                                     and 5.6 million regular golfers), a practice that will help them control both their skills and
                                     their temperament during performance will be a powerful attraction.
                                     The private yoga instructor need not be particularly knowledgeable about a specific sport
                                     to improve a player's performance. General observations about the applicability of the
                                     physical and mental aspects of yoga will be quickly seen by this bright demographic, as
                                     soon as its members begin to experience yoga.
                                                                                                         Contd...



          106                               LOVELY PROFESSIONAL UNIVERSITY
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