SENtag
Developed in Europe, this innovative system offers a safety management solution for swimming pools that checks individual swimmers via their wristband - monitoring their depth and time. Sensors…
read moreLeading cloud-based fitness management software company MINDBODY has announced the acquisition of Lymber Wellness, an early-stage technology company specialising in breakthrough yield management solutions for class and appointment based businesses.
Built on MINDBODY’s API platform, Lymber’s technology enables business owners to set dynamic pricing parameters for class and appointment sessions. The technology identifies open class and appointment inventory, and automatically adjusts session prices in real time to match supply and demand.
Similar to yield management solutions found in the entertainment, hospitality and tourism industries, automated dynamic pricing enables wellness business owners to increase class and appointment sales without degrading their existing full-price paying customer base.
The net effect is to enhance the business’ revenue and profitability, while providing a broader audience of price sensitive wellness seekers with more affordable options.
MINDBODY Chief Executive and co-founder Rick Stollmeyer explained “the Lymber team has created a breakthrough technology addressing the holy grail of our industry – yield management.
“By embedding this technology into our business software, consumer apps and the MINDBODY Network, we intend to enable our subscribers to better achieve their business goals by more effectively selling the millions of available classes and appointments they offer each day.
“This is a win-win for wellness business owners, practitioners and consumers everywhere, and a huge step forward in our mission of creating a global wellness services marketplace.”
Deep integration of Lymber’s technology into the MINDBODY platform will begin immediately, with initial rollout expected in the second half of 2017.
Click here to contact MINDBODY via their entry in the Australasian Leisure Management Supplier Directory.
Lower image: Rick Stollmeyer
14th February 2017 - MINDBODY WINS 2017 BIG INNOVATION AWARD FOR BRANDED APP SOLUTION
14th November 2016 - MINDBODY NAMED OFFICIAL BUSINESS SOFTWARE SPONSOR BY THE IDEA HEALTH & FITNESS ASSOCIATION
12th October 2016 - AIRACTIVE PARTNERS WITH THE MELBOURNE BUSINESS SCHOOL TO DEVELOP YIELD MANAGEMENT SYSTEM
30th April 2016 - MINDBODY APP WINS 2016 WEBBY AWARD AND WEBBY PEOPLE’S VOICE AWARD
16th July 2014 - 24/7 GYMS TO DRIVE FITNESS INDUSTRY REVENUES DOWN
19th February 2014 - AUSTRALASIA NEEDS TO MAKE THE MOST OF DYNAMIC PRICING IN ENTERTAINMENT AND SPORT
23rd May 2012 - DYNAMIC PRICING IN THE SPOTLIGHT: ARTS AND ORIGIN II
3rd November 2010 - DYNAMIC PRICING PAYS OFF FOR SAN FRANCISCO GIANTS TICKETS
Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?
The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.
However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.
Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.
Subscriptions cost just $90 a year.
Click here to subscribe.
Support our industry news service
We hope that you value the news that we publish so while you're here can we ask for your support?
As an independent publisher, we need reader support for our industry news gathering so ask that - if you don't already do so - you back us by subscribing to the printed Australasian Leisure Management magazine and/or our online news.
The Complete Guide to Leisure Industry Products & Services.
Developed in Europe, this innovative system offers a safety management solution for swimming pools that checks individual swimmers via their wristband - monitoring their depth and time. Sensors…
read moreOur team believes floors should be beautiful, comfortable, and engineered for safety, even when wet. Life Floor tiles meet six unique performance based standards: slip-resistance, impact absorption,…
read moreINTRODUCTION Abel Sports is Australia’s leading manufacturer and suppliers of Goal Posts, sports ground safety netting systems and coaches boxes for Stadiums ,Sports Clubs, Councils and…
read moreYellowbox is an Australian technology company that has developed smart locker technology operated through an app with a focus on experience for users and facility managers. Found at Beaches, Aquatic…
read moreLinks Modular Solutions was a leading provider of high-quality, innovative software solutions for aquatic and recreation facilities. Links Modular Solutions is now part of Xplor Technologies.
read moreAusfit began in 1992, providing software services to the health and fitness sector including ClubWise, a fully hosted web-based product which combines state of the art club management software,…
read moreTicketworx (formerly House of Tickets) is Australia and New Zealand’s foremost ticket specialist servicing some 2,700 clients and producing in excess of 30 million per tickets per annum.…
read moreSmart Connection Consultancy is a boutique sport and recreation consultancy who has become one of Australia’s leading advocates for the use of synthetic sports surfaces as a vehicle to grow…
read moreGet your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!