Making Money in Yogaland

Yogaworks has opened a new studio in New York,get bodies on the mats. That's because they rent
at the corner of Broadway and Grand Street. It's gotthe space from the studio owner, and the students
bamboo floors, showers with impressive pressure,are reimbursing the teacher for that rental. More
electronically-locking lockers and walls painted instudents, you profit. Less, you're in the hole. It's a
restful Ralph Lauren colors. The only thing missing?problem similar to that faced by online journalists and
People. On the two days we went there there wereother content providers. Hey, what's that sound
few students. What's wrong with this yoga picture?you're hearing? It's the creaky gears of my
Disclosure: I'm not going to rag on Yogaworks toometaphor turning.
badly. They gave us two free classes. But I think theThink about all that's free to the user on the web:
empty studios are symptomatic of a pricing andGoogle, Twitter, Facebook. Successful? Google had
marketing approach that is not working. For you$21.9 billion in revenue last year. Facebook, with 300
non-yogis, bear with me, because this will become amillion users, just turned profitable. Twitter? Get back
metaphor for monetizing the web, particularly webto you on that. Point is, free access works on the
journalism. (Metaphors, like yoga positions, can beweb and it can be monetized. Free services like
bent a lot.) Ready? Ok, take a deep breath and let itPandora have ads, but you can pay to get rid of
out slowly.them.
The new Yogaworks in New York is built on a gymMy metaphor is flawed, of course. Netflix is a
membership pricing plan. They want you to pay asuccessful subscription model with a low-price point,
monthly fee plus initiation, just like Crunch Gym orand yoga teachers don't make enough money unless
Spectrum. It's a common model in NY and I supposetheir classes are packed.Imagine, however, if they
the Yogaworks brain trust figures they'll grab sometried some of the Web's dumber ideas to generate
gym rats seeking to convert their sweat intocash? How about pop up ads projected on the wall
salvation. But it's old school.during class? Or the teacher who casually mentions
In Santa Monica, several new studios work on athat she loves Manduka brand mats? Weaving ads
different pricing plan. You pay what you want. Nointo content is even happening on Twitter. The next
membership, no set fee. Walk-ins are ok. You mayTweet you read be a plug, which is beyond irritating.
not get a fancy shower (actually at YogaCo, you do)Just thinking about it, I might have to do a yoga
but you get a sense of connection with the teacherclass to calm down.
because you are paying him or her directly. They'reAll the same, I'd rather buy my yoga salvation like
not working for a corporation; it's a collective.music on iTunes - pay as I go, no subliminal ads, no
Donation-based yoga is an old model from India, andsubscriptions.
truth be told, the teachers don't profit unless they