Athletic Business 2013 - Technology's Approaching Impact on the Fitness Industry

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My presentation at the Athletic Business 2013 conference on Technology's Approaching Impact on the Fitness Industry. Technology stats from around the world, the impact technology is having and will have in the fitness industry and real examples of companies on the cutting edge of fitness technology

Transcript of Athletic Business 2013 - Technology's Approaching Impact on the Fitness Industry

Technology's Approaching Impact on the

Fitness Industry

Ted VickeyPresident – FitWell

ACE Senior Consultant – Emerging Technology and Innovation

This seminar was created for the live learning environment of the Athletic Business Conference and ExpoTed Vickey has no financial interest/arrangement that would be considered a conflict of interest

@tedvickey#FOT

Learning Objectives:

1. Technology stats from around the world

2. Academic research in fitness and technology

3. Emerging fitness technology trends

4. Fitness technology you can use TODAY

I am by EDUCATION an Exercise Scientist,

I am by EXPERIENCE an Entrepreneur,

I am by PASSION a Connector.

In some countries, there

are more mobiles than

people

4.8 BILLION 4.2 BILLION

We keep our cell phones within arms

reach91% of the time

http://www.targetinternet.com/getting-the-most-from-your-facebook-and-twitter-profiles/

Why Technology and Why Now?

We need to work smarter, not harder

We need to work smarter, not harder

Today Monthly Dues: $49 1980: $40

Behold: the world's 10 fattest countries

Japan, 3

Norway, 11Sweden, 12

Brazil, 17

England, 24

Australia, 27

Chile, 30

Mexico, 33

USA, 45

0

5

10

15

20

25

30

35

40

45

50

1985 1990 1995 2000 2005 2010

Perce

ntag

e of a

dult o

besit

y (>3

0% BM

I)

“Globesity”

Data from WHO, 2011

Around the world today…

Data from WHO, 2011

1 in 3 adults overweight

1 in 10 adults obese

1. Turn on mobile fitness app

Workout Time!

2. Complete physical activity

WalkingRunningBikingHikingSwimmingLiftingSleeping

3. Save workout

Duration: 184 days

Total tweets: 2,841,121

English Only: 1,974,396

Unique users: 112,259

#Endomondo users by Language

1,971,425 • Tweets

165,767

(March 21 – October 21, 2011)

Geo location of #endomondo users

> God: 12Heaven: 5

Devil: 2Hell: 18

$hit: 46Crap: 22Damn: 40F%#&: 51Bitch: 1Ass: 34Fat Ass: 1

1739

391

Survey Question:

What percent of the time when you exercise do you use a mobile fitness app?

69% of all users more than 80% of the time

Time Period Analysis

VirtualChangeWellness

TechnologyMobileSocial

1. Virtual health and fitness alternatives will surge

2. Fitness centers NEED to change their business models

3. Increase in “wellness” promotion

4. Those that embrace technology will grow their business

5. Think mobile first

6. Embrace social media

2013 - Should we use Social Media?2014 - Can we do Social Media better?

Why Technology and Fitness?

Dec 20119k

Jul 201213k

Diffusion of Innovation Rogers (1962)

Technology for health must be:

1. Affordable2. Holistic3. Approachable

4. Automatic5. Sharable6. Persuasive

www.amSTATZ.com

www.lolofit.com

www.rockmyrun.com

www.square.com

www.endomondo.com

www.fitwall.com

www.mybasis.com

www.fitbit.com

www.jawbone.com/up

www.mealsnap.com

www.gainfitness.com

www.getHealthapp.com

www.zombiesrungame.com

www.withings.com

www.micoach.adidas.com

www.hundredpushups.com

www.gympact.com

www.healthvault.com

www.mynetdiary.com

www.fooducate.com

www.dietbet.com

What you learned:

1. Technology stats from around the world

2. Academic research in fitness and technology

3. Emerging fitness technology trends

4. Fitness technology you can use TODAY

Ted Vickey@tedvickey

www.linkedin.com/in/tedvickey

vickey@fitwellinc.com