Judith Leblein-Josephs | Judith Leblein-Josephs and Associates

February 2009
“Play the market” By Kendra Kozen

IJudith Leblein-Josephsf your community has already secured funding for a new pool, consider yourself lucky. Thanks to the housing crisis, it’s a buyers market in all sectors of development and construction.

“Since many contractors are looking for work, now is a good time to put out bids [because] they’re willing to do a job for less money,” says the principal of Judith Leblein-Josephs and Associates, in Wayne, N.J.

But how can a community go ahead with a new pool project in times like these? Leblein-Josephs admits it may take political courage for civic leaders to move forward with what some will consider nonessential spending, but in the end, those who do so will get a new facility built at a very reasonable cost.

Whether your community sees a new facility in its future, you should pay close attention to your consumer market, says Leblein-Josephs. While she believes there will always be a market for high-end private clubs and waterparks, patrons forced to cut expenses are likely to begin re-evaluating their usage of those facilities. They’ll look for the best value that meets their needs, and in some cases that may mean turning to a municipal or nonprofit facility.

In this growing market of value-conscious consumers, Leblein-Josephs recommends operators consider implementing new and creative pricing structures and incorporate other membership incentives through corporate partners. Increase the perceived value of the membership or allow for payment plans.


MORE INFORMATION
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