I'm not criticizing your business or your business model. What I am saying is that business models are not one size fits all.
Nice site btw.
As for print media, it is almost dead and the days of news stands will be a bygone with the ubiquity of smart devices and net savvy publishers.
print media never made money from subscriptions really and it is ad revenues that drive the business even now. subscription dependent print companies are having a really hard time staying afloat.
the internet killed the print business in many ways and is continuing to beat the crap out of it.
paid subscribers are very difficult to garner as well.
so, webvertising is hugely key and having a slick site with content people want is key.
KFM here is actually on the right track. I think that if they open up to more external advertising that doesn't interfere with the core business of selling merch, they will do quite well and possibly serve as a model for the industry in some respects.
If we look at the fitness or gym business, it has always had a really crap model upon which it is run.
Subscribe and use. There is no up selling really as much as there should be, or side offerings with extra costs and so on which is how it should be done.
many people are lazy though and just want the up front cash and are happy to lay that against the bottom line. But that means you have to keep milling people in and eventually you reach critical mass and cannot provide a decent place for your customers and they will leave because of that.
It's the up sells and side offerings that are key to a thriving fitness business.
Me personally, I don't run a school, but I will teach. I refuse to waste my time with people and therefore the time wasters drop away. I don't do it for money, I have a full time job that takes up my time for money. Kung Fu I love and I am willing to share what I have learned with anyone else that shows the desire for it.
I can tell you that if I did run a club it would have room for hippies and hard core and kids as well. Something for everyone on their schedule. I would also have a store in school, affiliate with publications such as this and sell all required items through the school store and offer items through promos.
It's not rocket science, but energy and time investment and real care is required. It is folly to wait for things to happen, you simply HAVE to make things happen. I'm sure you understand that as you are an entrepreneur yourself.