Welcome to Treadmills on Sale: The Cheaters Guide to Buying a Treadmill.
Hello,
This is the official Cheater’s Guide to Buying a Treadmill. You will find that this treadmill guide is unlike any other on the internet. I’m a fitness industry veteran with many years of experience buying, selling, assembling, and repairing treadmills. You won’t find no brainer headlines like “stick to a budget”. I’m pretty sure you already know you can’t spend more money than you have. I would rather spend my times answering questions other treadmill blogs can’t. What’s the profit margin on a treadmill? When are salesman most desperate for a sale? Does customer service make fun of me after I hang up? After reading Treadmills on Sale: The Cheaters Guide to Buying a Treadmill you will have so much insider information you will feel like you’re cheating companies out of money.
Know the Profit Margins
Treadmills under a $1000 have a 20% profit margin built in to the price. Treadmills over $1000 have anywhere between 20% and 25% of profit margin. The secret you need to know is retailers shoot for a 20% profit margin but will often let equipment go for a 15% – 17% profit margin. That means you can usually negotiate $30 to $50 off a $1000 treadmill. If you buy a high end treadmill that normally sells for about $1500 or more you can usually get a hundred dollar discount right off the bat.
Buy in the Summer
When are salesman most vulnerable to discount requests? That’s easy! Between the months of June and August sales slow down for the fitness industry because, well, its summer. People swim, play basketball, hike, and BBQ. People don’t stay inside and run on treadmills. When people asks for discounts in the summer they usually get one. Many salesman would rather sell something for less profit than not sell anything at all. Hit ‘em where it hurts! Ask for a discount in the summer, you cheater!
Last Year’s Models
Ever have something sitting in your garage taking up space and you just want it gone? Well, Amazon and a whole lot of other retailers hate it when last year’s model just sits around the warehouse gathering dust. Retailers put older treadmills on sale in the summer to make way for next generation treadmills. You can usually pick up an extra 10% off or more if you buy last year’s model.
One summer I found a forgotten treadmill that got placed behind the shop owner’s old furniture. The treadmill was 2 years old but had never been opened. We sold it for about $400 and when it should have been sold for $599 just to get the space back!
Ask for a Free Gift
Online retailers usually have a giant cardboard box filled with pedometers, heart rate monitors, or weightlifting gloves sitting in a warehouse somewhere. I know this is true because I used to be the guy who hauled that damn box up a flight of stairs in a sweltering warehouse. If a customer asked us to sweeten a deal we usually offered them a free gift. These gifts usually cost the company between $10 – $20 to buy and ship. Sometimes we ran out of our cheaper gifts and handed out something even more expensive. If nobody offers you a free gift, ASK FOR ONE! Most salesman will throw something in just to make sure they snag a sale.
Coupon Code
The easiest way to find a treadmill on sale is finding coupon codes. Go to a search engine like Google and type in the name of the retailer. For example, I did a search for Big Fitness on Google and I found tons of coupon codes for BigFitness.com. If you’re buying a $1500 treadmill you’ll save $75 bucks and it only took 30 seconds!
Free $30 Amazon Gift Certificate (For Real)
Above all else a cheater gets something for nothing. You can cheat Amazon out of a hefty $30 by signing up for an Amazon credit card. My parents, brother, sisters, and several friends have used this offer and I think we’ve bilked Amazon for nearly a $1000 and we’ll never be prosecuted either! Get the details here.
That’s about all I have on the subject for now. If something else crosses my mind I’ll post it. OH! If you have any questions at all about treadmills, home gyms, or elliptical trainers go ahead and send me an email: johnny@protreadmillreviews.com
