CoachGenius by Storeplum Logo
Try CoachGenius for free

8 Tips on How to Make Money in Fitness

Pritesh Baviskar

By Pritesh Baviskar

Posted Mon, Apr 22, 2024 | 10 min read


Image

“Health is wealth”. That proverb has been around since the 19th century. Two centuries later, thanks to the new ways discovered on how to make money in the fitness industry, the proverb has changed to “Health can lead to wealth”.

With the advent of social media and an increase in physical fitness, the industry has seen a boom that seems never-ending at this point. However, knowing how to make money as a personal trainer may seem like a long and arduous struggle for many of you.

It is important to understand the various ways of generating monetary income in fitness. These could include selling products or offering services tailored to specific client needs. This will allow you to make a switch to fitness training as a full-time career path.

In this article, we discuss a few essential tips that will help you generate revenue from your fitness regimes. We will discuss the various opportunities that are available to help you make money as you work out.

So let’s dig in and learn how to make that money as a fitness expert.

Image

1. Selling Workout Plans

The easiest way to generate income as a fitness professional is by sharing the exercise regime that has helped you develop your physique. From DVDs of Jane Fonda’s Exercise Routines during the 90s to highly curated workout regimens documents tailored for specific physique requirements, workout plans have a proven track record over decades.

All it takes is finding a niche that helps you connect with your audience, and regularly promoting your plans as a successful method to help achieve certain goals. This could be through slow exercise regimens for senior citizens or military-style drills for improved reflexes and endurance.

A relevant example of a fitness guru who successfully monetized their fitness expertise would be Jeff Cavaliere, founder of Athlean X. The brand has gone on to make millions with its success being driven majorly by its best-selling workout plans for a variety of fitness requirements.

2. Developing Fitness Apps

With the modern world becoming tech-savvy, the idea of fitness has become more accessible to the general public. Mobile platforms and apps give us almost everything we need in the palm of our hands.

Fitness apps are a great way to set up a one-stop shop for all things health-related. These apps help your audiences access services and help them develop a habit thanks to well-developed user interfaces and value-driven services. 

Another benefit of fitness apps is their ability to generate income passively and actively. Existing content and features attract newer customers while new content can be customized as per client demands. As a result, these ventures can result in some of the best profit margins in the fitness business thanks to its recurring clientele.

Make sure your app offers features suited to your clientele’s requirements. Take the case of Anna Victoria’s FitBody app which specifically targets women and their requirements. Subscription-based models will help generate a steady income stream. This can lead to exponential growth coinciding with your rise in the fitness industry.

An attractive user interface and simple design will increase adoption rates while helping form money-generating habits in the process. These include purchasing products you advertise or offering tiered access to workout series and advanced features.

3. Selling Meal Plans and eBooks

Another great tip on how to make money in fitness is by focusing on nutrition. Most people struggle with this aspect of fitness largely due to a lack of knowledge about the science behind it. Fitness coaches specializing in nutritional needs have been able to establish businesses that successfully generate revenue consistently. This begs the question, how do you make money in the fitness game when it comes to nutrition?

There are two primary ways to monetize your clientele. The first one is creating meal plans to help achieve specific goals like weight loss and muscle building. These can be easily integrated into your websites or apps, helping you create additional revenue streams through such auxiliary services.

The other option is to create eBooks of your methods when it comes to nutrition. These books can help explain the scientific reasoning behind your general guidelines, helping customers understand it better. At the end of the day, these books help transfer the relevant knowledge and give your customers the power to make decisions regarding their nutrition. A great example of this would be Michael Matthews’ Bigger Leaner Stronger.

Keep in mind that in both cases, precise explanations and concise solutions will lead to an easier understanding of your ideas and suggestions. Catering to specific issues like local cuisines and dietary preferences will also help establish your fitness venture as a profitable source of passive income down the line.

4. Selling Fitness Products

Ronnie Coleman is one of the most famous bodybuilders of all time. His success in Mr. Olympia competitions has elevated him to mythical status in the fitness world. Despite various health issues plaguing his retirement, he has cracked the code on how to make money in the fitness business. Create and sell supplements and apparel that build on his legacy.

If you are a fitness coach starting out, you do not have to worry about having a legacy in order to create your own fitness line. As you gain the confidence of your existing clientele, it is important to understand their needs and requirements. Doing so will help you build a range of products that can be easily marketed thanks to an increased level of trust between you and your audience.

Once you have a fitness product catalog, it is important to focus marketing efforts on reaching a wider audience. This includes tapping into your social media presence or finding the right opportunities to present it at fitness expos and conventions. This will also allow you to get paid even when you are not working out.

5. Organising Fitness Seminars

Fitness seminars can be the best way to connect with your audience, especially if your audience is largely virtual. These seminars offer the perfect opportunity to meet with your fans and offer you unique opportunities to make money as a fitness professional.

Apart from standard ticket prices that will help cover your basic expenses, you can offer 1:1 personal sessions or have celebrity fitness influencers make guest appearances. These additional showcases can attract a larger audience willing to pay extra specifically for these perks.

Fitness seminars also offer the perfect opportunity for revealing new product lines like supplements and meal plans to your audience. This will give you a headstart in terms of pushing the product onto new audiences in a shorter period.

Remember to curate fitness seminars that create value for yourself and your audience. Having successful seminars that add meaning to people’s fitness journeys will further develop trust and confidence in your abilities. This will help you launch more successful programs in the future while allowing you to increase your money-making abilities as their personal fitness guide.

6. Becoming a Brand Ambassador

A great idea for fitness enthusiasts wondering how to make money is to promote certain brands. Many fitness influencers have been able to exponentially grow their wealth thanks to successful collaborations with fitness-based brands.

Companies are always on the hunt for newer ways to promote their products to a wider audience. Having a Unique Selling Point (USP) is what attracts clientele as well as brands looking for ambassadors. 

It is important to keep in mind that brands want to connect with audiences in as many ways as possible. Offering advertising services on your website or platform or creating a custom product line designed to impress your audience is a sure-shot way to make money. 

The use of new-age platforms and content creation strategies like TikTok trends and viral dances will definitely help monetize your fitness and content expertise. Knowing what content will help traction amongst social media algorithms can also allow you to charge higher rates to brands looking to associate with you.

7. Creating a Fitness Blog

Nothing can be more inspiring than a fitness blog that documents your everyday journey towards achieving your fitness goals. It helps your followers gain insights into the journey that helped you become the fitness icon you are.

Blogs are also an effective strategy to make money as you can push products through ads and affiliate marketing methods. It also helps you find the content that strikes a chord with your audience, helping you drive content their way using SEO optimization to eventually convert these readers into paying customers.

Platforms like CoachGenius give customers the features and customization required to set up their own website and blog space, allowing them to focus on their fitness journey and benefit monetarily from it. It also offers a great Video to Blog feature, allowing you to create blog content quickly and efficiently.

8. Offering Custom Meal Plans

Knowing what to cook while maintaining your fitness can be an exhausting process. Generic meal plans can often become repetitive, leading to a lack of flavor and taste in the diet. It can also overlook certain food preferences such as vegans and gluten allergies. This is where you can step in and make money thanks to your fitness expertise.

Many fitness trainers double down as personal nutritional coaches to give their clients the best shot at achieving their goals. Having intimate knowledge of their preferences can help you create meal plans that cater to their every need. You could also automate the process by creating detailed surveys that allow customers to build their own meal plans.

Collaborating with culinary experts can also help bring a wow factor to your dietary recommendations. This will ensure better adherence to the diet plan while also breaking the stereotype that healthy food is bland and boring.

These services can be charged at a premium, helping you make an additional source of income. It will also help establish your credibility as an all-in-one fitness expert, giving you the perfect opportunity to grow your network and expand your business to more high-profile clients.

Final Thoughts

In today’s day and age, all it takes is hard work and determination to achieve a goal, be it fitness or business related. However, hard work only contributes to your goal when you know and understand the right efforts required. 

Making money as a fitness professional seems harder than it is. Knowing how to grow your income as a fitness professional will help you take the leap of faith in establishing your own fitness business. Keep in mind the ideas discussed above and develop a plan that caters to your unique strengths and clientele.

If you are looking to set up a professional website to further legitimize your brand, then CoachGenius is the right platform for you. Our services include payment gateway integration, content management tools and automated scheduling tools.

These features will help you build your own website that helps you grow your business revenue as a fitness instructor by selling your own products and services through your own ecommerce store.

Visit our website and sign in to begin your free trial today!

Try Storeplum for free
Pritesh Baviskar
Pritesh Baviskar

I'm one of the founders at CoachGenius. As someone with a genuine understanding of the online coaching landscape, I'm no stranger to the challenges faced by personal trainers. I like to write about goal setting techniques, building personal brand and creating engaging online content related to fitness.

You may like
The Complete Guide on How to Start a Gym Business in 2024

The Complete Guide on How to Start a Gym Business in 2024

CoachGenius by Storeplum Logo

Your Fitness Brand Starts Here 💪

Get Started Now