Starting a Cryotherapy vs Uber Business
Is Uber really a good business? Is cryotherapy a better business model?
Starting a new business is not easy. One of the first steps is to decide which type of business to invest your time, energy, and money into. Whether you are starting a full-time business, or you want to run a part-time gig, there are a number of options that are available. In this post we are going to compare starting an Uber business vs buying a cryotherapy machine and starting a cryo business. While these two avenues both make an attractive business proposition, one of them can be better suited for you and your needs. For starters, both of these businesses offer a way out of conventional employment, and an opportunity to earn a little on the side. Don't worry, picking between the two businesses is actually not that difficult of a choice, since after all, cryotherapy can scale, offering you a way to turn your investment into an active business and not just a full-time job.
Why Should You Pick Starting a Cryo Business Over an Uber Business?
Building A Relationship With The Clients
Happy customers are the best brand ambassadors.¹ The relationships you form with your clients are very important in building a successful service business. With repeat clients you are able to learn of their likes and dislikes and can therefore adjust your service in a way that satisfies them. With the Uber business model, having repeat clients is often merely a coincidence and rarely happens. This takes away from the power of marketing, especially since the client does not have a choice on their Uber driver. Building a relationship with the client, and the marketing benefits that come with it are therefore inapplicable to the Uber business. On the other hand, building such a relationship with a client in your cryotherapy business is quite easy.
Complimentary Businesses
A cryotherapy machine can easily be integrated into an existing business including: health and fitness businesses like spas, gyms, and wellness centers. If you’re planning on starting a cryotherapy business on a stand-alone model, buying a cryotherapy machine is the better option since you have viable options to expand if you ever decide to. An Uber business does not offer a great range of complementary businesses.
It Is a Business on the Up
The Cryotherapy market is picking up in popularity in the US. This means that the possibilities of the business thriving are immeasurable. Getting into the business at this early stage gets you the experience and skills to outdo your competition when they enter the market later. While the Uber business can be profitable, the business has already leveled up.
Business Control
You will have greater control in running a cryotherapy business than in an Uber business. After getting the cryotherapy machine you only have to depend on the manufacturer for training and occasional maintenance. All other business decisions are yours: you are able to make pricing and marketing decisions, what clients to attract and serve, where to locate your business, etc. For an Uber business, Uber will always have control. Some decisions made by the company will affect your business and they make the decision on what to charge the clients, the marketing strategies, and even which clients you are to serve.
Cryotherapy vs Uber Business, Which One Should You Invest In?
Choosing which business to start is always a hard decision. Starting an Uber business can offer good returns and give you an opportunity to be your own boss. But buying a Cryotherapy machine will always be a better choice in the long run. Are you curious about the science behind cryotherapy? Check out our list of peer-reviewed cryotherapy clinical studies.
Links to sources used
4 Reasons Happy Customers Become Brand Ambassadors - https://www.inc.com/entrepreneurs-organization/4-factors-that-inspire-raving-fans-create-brand-ambassadors.html
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