Full-Time

Business Development Representative

Posted on 11/15/2024

Gympass

Gympass

1,001-5,000 employees

Subscription-based fitness and wellness platform

Healthcare
Consumer Goods

Compensation Overview

$22.07 - $33.1Hourly

+ Annual Bonus + Sales Incentive + Stock Options

Entry

Miami, FL, USA

Hybrid position in Miami.

Category
Business Development
Business & Strategy
Required Skills
Sales
Requirements
  • At least 0-3 years experience in business development, sales, corporate relationship management, or account management.
Responsibilities
  • Engage prospects and identify clients to contact via phone, e-mail, Linkedin, and other creative channels.
  • Collaborate with the sales team and educate them on details of opportunities.
  • Manage expectations and overcome objections.
  • Achieve or exceed monthly, quarterly, and annual sales goals.
  • Demonstrate the value of Wellhub by educating companies on the importance of our company's mission.
  • Become the “go-to” person regarding new and existing target industries across multiple sectors and geographies.
  • Continually seek and take advantage of opportunities to network with clients at industry events.
  • Live the mission: inspire and empower others by genuinely caring for your own wellbeing and your colleagues. Bring wellbeing to the forefront of work, and create a supportive environment where everyone feels comfortable taking care of themselves, taking time off, and finding work-life balance.

Gympass offers a membership model that provides access to various gyms, fitness studios, live online classes, wellness apps, and virtual personal training sessions. It primarily serves corporate clients by integrating its services into employee benefits programs, promoting health and well-being among employees. The company has tiered membership plans ranging from $9.99 to $249.99 per month, catering to different fitness needs and budgets. Revenue is generated through subscription fees, with employers often subsidizing or covering membership costs for their employees. Gympass differentiates itself by providing a flexible and comprehensive fitness solution tailored to individual needs, helping users maintain a healthy lifestyle while benefiting employers through increased productivity and reduced healthcare costs.

Company Stage

Series F

Total Funding

$773.3M

Headquarters

New York City, New York

Founded

2012

Growth & Insights
Headcount

6 month growth

-32%

1 year growth

-27%

2 year growth

-11%
Simplify Jobs

Simplify's Take

What believers are saying

  • The integration with Apple Fitness+ significantly expands Gympass's reach, offering more than two million employees access to premium fitness content.
  • The recent $85 million Series F funding round, led by EQT Growth, positions Gympass for accelerated global growth and increased market valuation.
  • Gympass's comprehensive wellness platform, now branded as Wellhub, is likely to increase employee engagement and productivity, providing a strong ROI for corporate clients.

What critics are saying

  • The competitive landscape in the fitness and wellness industry is intense, requiring continuous innovation to maintain market position.
  • The rebranding to Wellhub may face challenges in market acceptance and brand recognition, potentially impacting user retention.

What makes Gympass unique

  • Gympass offers a unique membership model that integrates a wide range of fitness and wellness resources into corporate benefits programs, unlike traditional gym memberships.
  • The company's rebranding to Wellhub reflects its commitment to a holistic wellness approach, encompassing physical, mental, and nutritional health.
  • Partnerships with major players like Apple Fitness+ and Northwell Health enhance Gympass's value proposition by providing exclusive and premium fitness options.

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