Question

1. What business model could Zumba use?
2. What are the key revenue and cost drivers for your recommended model?
3. What do you feel are the key aspects to implementing this model?

minimum 300 words

Answer 1

1.Zumba is an activity work out schedule structured by a colombian artist, cyclist and choreographer, Alberto Perez. Zumba Fitness LLC was framed approximately 20 years back.

The plans of action that can be utilized by Zumba are as given beneath.
(a) Licensing/Franchising to the areas overall picking up prominence with wellness monstrosities, competitors, and youths.
(b) Sales of authorized product, types of gear, music, and so forth.
(c) Linking organization prepared educators, and the clients through a versatile application to empower them to select a pre structured program.

2. The principal model is the most appropriate, which assists with accessing a tremendous market around the globe. The market holds monstrous potential as increasingly urban and semi urban individuals are turning out to be wellbeing cognizant to avert way of life maladies, and heftiness, and nothing can be more enjoyable and successful technique than a Zumba meeting.
3. Key income drivers are franchisee expenses, income from the deals of classes and product and mass offer of work out regimes to the establishments. Key expenses are preparing costs, framework costs, cost of promoting and sponsorships, charges, commissions, and so on.
4. Key viewpoints are determination of right accomplices, adequacy of preparing of teachers, observing of nature of administration, brand building endeavors, association with clients, customization of projects as indicated by neighborhood conditions and cutomer relationship the executives.