...OK, so I'm trying to get my head around some of this stuff, partly cuz it fascinates me, and partly, well, for self-preservation...... can any of you guys help me?

Say my gym charges Rs. 5000 for 3 months membership, and Rs. 7000 for 6 months - NOT 10,000 but Rs. 7000 , exactly why that is, is a good question by itself, but let's get to that later.... now say, I take a 3 month membership and pay 5000 , and then, after those 3 months are over, without taking a break for even one day, I take *another* 3 months, can't I pay them 2000 more, instead of another 5000, so that, to them, the total comes to 7000 for 6 months....?? I'm guessing I can't, but WHY?? Can anyone tell me?

... and the second question is of course, why IS it 7000 for 6 months and not 10,000? i.e. why does a "lumpsum" matter more?

domainator2010 said:

...OK, so I'm trying to get my head around some of this stuff, partly cuz it fascinates me, and partly, well, for self-preservation...... can any of you guys help me?

Say my gym charges Rs. 5000 for 3 months membership, and Rs. 7000 for 6 months - NOT 10,000 but Rs. 7000 , exactly why that is, is a good question by itself, but let's get to that later.... now say, I take a 3 month membership and pay 5000 , and then, after those 3 months are over, without taking a break for even one day, I take *another* 3 months, can't I pay them 2000 more, instead of another 5000, so that, to them, the total comes to 7000 for 6 months....?? I'm guessing I can't, but WHY?? Can anyone tell me?

... and the second question is of course, why IS it 7000 for 6 months and not 10,000? i.e. why does a "lumpsum" matter more?

you'll find that it works that way in most instances...

see, supply and demand already covers why the more you pay for, the less you pay

because they people you buy from want to be rid of the product (thus do we have wholesale)

with products that really ahve no visible value (memberships, wifi, cable, etc)

the object is to get you to get as much of the stuff as possible in your bundle and you'll

notice it's only offered for a limited time (1 or two years) at which time it reverts to charges that

can only be called extreme... and those you can't even go back to startin rate.

So...

the reason you cannot just pay the two grand to get the full six the day after your initial 3 months

you shoulda looked ahead... i'd dare say that you couldn't have changed that even a week before the time was up and you know your contract stated "any changes made must be made within two working days of signing" or some such thing...

as for the price... i'm sure if you paid for a full year the price is prolly down around 4,500...

Do you mean 500 US dollars or 5000?

domainator2010 said:

214 said:

Do you mean 500 US dollars or 5000?

I mean 5000 RUPEES - I'm in India!

KingBAD said:

it's only offered for a limited time (1 or two years) at which time it reverts to charges that

can only be called extreme... and those you can't even go back to startin rate.

No - that's not what's going on here - Indian economics doesn't work like that, probably cause our businessmen/women are STUPID (in India, gyms are still in the Unorganised Sector, ie. no corporate chains, though things are changing) - 1 yr or 2 yrs later, it'll be the same price.....

It sounds like a nice scam, I have to say..... Is this how it is in the US?

Btw, I haven't actually done this, but will soon (my current gym membership got over today, I just came back from there, in fact.....)

domainator2010 said:

...OK, so I'm trying to get my head around some of this stuff, partly cuz it fascinates me, and partly, well, for self-preservation...... can any of you guys help me?

Say my gym charges Rs. 5000 for 3 months membership, and Rs. 7000 for 6 months - NOT 10,000 but Rs. 7000 , exactly why that is, is a good question by itself, but let's get to that later.... now say, I take a 3 month membership and pay 5000 , and then, after those 3 months are over, without taking a break for even one day, I take *another* 3 months, can't I pay them 2000 more, instead of another 5000, so that, to them, the total comes to 7000 for 6 months....?? I'm guessing I can't, but WHY?? Can anyone tell me?

... and the second question is of course, why IS it 7000 for 6 months and not 10,000? i.e. why does a "lumpsum" matter more?

It is basically done this way around the world so that if you are thinking about signing up for 3 months its gonna cost you 5K no matter what......The gym will hope you see that the second 3 months works out at only 2K when you take the 6-month package(7K total for 6 months).

They hope that this will hook you to paying 6 months as if you don't really like the gym or lose interest they got 7K out of you. If you paid the 5K for three months and left after that they only got 5K out of you.

I'm sure the rate of people who drop out or lose interest is kinda high and make the most out of sign-ups....Especially in a business where it doesn't really cost much extra if you go to their gym 3 or 6 months.....The equipment and utilities will remain in general pretty much the same.

So,basically it's a hook to get you to take out the 6 months 9even though they would make more if everybody took the 3 months offer twice paying 10K for 6 months.

It's the way I would run it too.

logger said:

So,basically it's a hook to get you to take out the 6 months

You're not answering my question..... - if I take 3 months, and then take another 3 months, I AM taking 6 months!!.....? It's just that I don't pay the whole thing upfront.....?

I'm confused why you think they're are in it for your benefit as opposed to their own?

True .... but, the sweeter they make the deal for me, the more likely I am to sign up for another year, or 6 months, or whatever.....?

[Edited 3/11/16 10:46am]

Ask them. You might be surprised. Especially if there's a loyal customer in it for them.