• GYYMI FEES

    GYYMI FEES & PRICING EXAMPLES

     

    Here is some pricing scenarios to help explain the payment process in GYYMI and who pays who and how much. As you probably already know, GYYMI is FREE to download and set up and is based on a user pays model. ie. Each user is charged a fee per session.

     

    Scenario 1 – TRAINER WITH 1 CLIENT BOOKS 60 min SESSION IN GYM

     

    What does the TRAINER have to pay out?

     

    Eg. Tina the Trainer is ready to book a session at Willoughby Squash Club Gym, Friday at 9AM -10AM (60 mins) and is bringing along 1 client to train. Below is a screenshot of the breakdown of the fees that the trainer will pay out.

     

    Session Fee                                        $15 is charged by the GYM as per the hourly rate that they have set.

    Booking Fee $1.50 + .50 is paid to GYYMI (made up of 10% of fee plus 50 cents fixed fee)

    Credit Card Processing Fee $0.82 calculated by Stripe and determined by the Credit card type!

     

    What amount does the GYM receive?

     

    The GYM will receive $13.50, calculated from Session Fee $15.00 less a GYMMI booking fee of $1.50 or 10%.

    We’ve used the GYYMI app to step through this exact scenario so you can see how GYYMI calculates all payments and fees, lays them all out to the trainer before they confirm any booking.

     

    Scenario 2 – TRAINER WITH 2 CLIENTS BOOKS 60 min SESSION IN GYM

     

    Tina the Trainer is ready to book a session at Willoughby Squash Club Gym, Friday at 9AM -10AM (60 mins) and is bringing along 2 clients to train.

     

    What does the TRAINER pay out?

    Session Fee                                        $20 is charged by the GYM as per the hourly rate that they have set.

    Booking Fee $2.00 + .50 is paid to GYYMI (made up of 10% of fee plus 50 cents fixed fee)

    Credit Card Processing Fee $0.98 calculated by Stripe and determined by the Credit card type!

     

    What amount does the GYM receive?

     

    The GYM will receive $18.00, calculated from Session Fee $20.00 less a GYMMI booking fee of $2.00 or 10%.

    Each GYM has the ability to set their own hourly session fee and also set the number of clients that the GYM will accept with any one trainer. We have chosen four (4) as a maximum for our initial GYYMI release and each of the levels can be adjusted based on what you know about the demands of your gym and when you wish to allow GYYMI’s pool of qualified trainers to train in your gym.

     

    For any further questions you may have about FEES, please click here to contact SUPPORT