Posted on March 31, 2024 by Jitao Zhang
Leave a Comment
Monday – Lifetime West County shadowing Chris Lichtenberger.
A: Business Scope – As Vice President of LifeTime Business Development, he told me about the two businesses he works on.
- Medical/Health Insurance,
- 2.Corporate membership.
B:When he showed me the sales performance of his team members, he told me some of the overall changes in sales patterns during the year.
- Jan is the most popular month because people gain weight during Oct – Dec Thanks giving, Christmas, etc.
- Then the sale dies down during March and April because people lose motivation and the weather is good outside.
C: From 10- 11am, We organized data from a sales contest aimed at contacting members who haven’t visited the gym in a while and motivating them to return.
- The distribution of grouping is determined by the number of lapsed members: Tier 1 _500+, Tier 2_100-499, Tier3_99-.
- Then he added some comments.
- I think his work is not that hard to do, so I asked him have you ever used AI to do your work. And he said no, but eventually one day he will.
- Cuz In Tier 3, There’s one club that only have one person to contact and the completion rate is 100%, and another club has 95 members to contact but with a 45% completion rate. And this is debatable, and AI might not notice that. But eventually it will.
D: After Lunch
- He showed me the LifeTime Stock, and it’s volatile.
- He explained the reasons behind it and some inside tips that will definitely help for my future investment on LifeTime.
E: Monthly Meeting with his group members
- Talking about the performances of each member based on their sale data that I saw already before the meeting.
Tue – Fri: Coursera Finance / Accounting. The course is alright, Quizzes are hard and questions in there are AI proof. I usually get 40 – 50% right for the first time, and later I struggle to reach 70% for a pass. Chris was out on Wednesday.
Recent Comments