This thesis analyses the Fyndgo project, a multisided digital platform designed to connect users with local gyms by offering flexible access solutions to fitness services, such as single-entry passes and time-limited packages. The study is framed within the broader context of the digital transformation of the fitness industry and the evolution of consumption models, increasingly oriented towards flexibility, convenience, and reduced contractual constraints. After introducing the theoretical background on multisided platforms, network effects, and flexible pricing mechanisms, the thesis provides an analysis of the reference market, with a specific focus on the Italian urban context and the city of Milan as a pilot area. The examination of the fitness sector and its main competitors highlights several limitations of existing models, particularly regarding gyms’ lack of pricing autonomy and the limited accessibility for users not covered by corporate benefit schemes. The core of the thesis is devoted to the analysis of Fyndgo’s business model and to the formulation of its key operational assumptions. These assumptions are subsequently assessed through a qualitative validation based on semi-structured interviews with a sample of gyms. The findings indicate the presence of a demand for flexible access solutions, although characterized by significant heterogeneity, and confirm gyms’ interest in platforms that ensure operational simplicity and pricing autonomy. At the same time, critical issues emerge concerning the economic sustainability of the model, especially with respect to the acceptability of platform commissions. The thesis also includes an economic and financial analysis aimed at evaluating the medium-term sustainability of the project. By estimating revenues, operating costs, and the break-even point, different growth scenarios and adoption hypotheses are examined. The study concludes with a discussion of the main risks, critical assumptions, and future development perspectives of the project, highlighting the relevance of the Lean Startup approach as a framework for iterative learning and continuous adaptation.
La presente tesi analizza il progetto Fyndgo, una piattaforma digitale multisided che mette in contatto utenti e palestre locali offrendo modalità di accesso flessibili ai servizi fitness, quali ingressi singoli e pacchetti a validità temporale. Il lavoro si colloca nel contesto della crescente digitalizzazione del settore fitness e dell’evoluzione dei modelli di consumo, sempre più orientati a flessibilità, immediatezza e riduzione dei vincoli contrattuali. Dopo un inquadramento teorico sui modelli di piattaforma multisided, sugli effetti di rete e sulle logiche di pricing flessibile, la tesi propone un’analisi del mercato di riferimento, con particolare attenzione al contesto urbano italiano e alla città di Milano come area pilota. L’analisi del settore e dei principali competitor evidenzia limiti nei modelli esistenti, soprattutto in termini di autonomia di pricing per le palestre e di accessibilità per utenti non coperti da benefit aziendali. Il lavoro prosegue con l’analisi del modello di business di Fyndgo, formulando le principali ipotesi di funzionamento della piattaforma. Tali ipotesi vengono successivamente sottoposte a una validazione qualitativa attraverso interviste semi-strutturate condotte presso un campione di palestre. I risultati mostrano l’esistenza di una domanda per modalità di accesso flessibili, seppur caratterizzata da una forte eterogeneità, e confermano l’interesse delle strutture verso soluzioni che garantiscano semplicità operativa e autonomia decisionale. Al contempo emergono criticità legate alla sostenibilità economica del modello, in particolare con riferimento all’accettabilità delle commissioni applicate. La tesi include infine un’analisi economico-finanziaria del progetto, volta a valutare la sostenibilità del modello nel medio periodo. Attraverso la stima dei ricavi, dei costi operativi e del punto di pareggio, vengono analizzati diversi scenari di crescita e ipotesi di adozione della piattaforma. L’elaborato si conclude con una riflessione sui principali rischi, sulle ipotesi critiche e sulle prospettive di sviluppo future del progetto, evidenziando il ruolo dell’approccio Lean Startup come strumento di apprendimento e adattamento progressivo.
Piattaforme multisided e strategie di pricing nel settore fitness: il modello di business digitale Fyndgo
FENATO, ALBERTO
2025/2026
Abstract
This thesis analyses the Fyndgo project, a multisided digital platform designed to connect users with local gyms by offering flexible access solutions to fitness services, such as single-entry passes and time-limited packages. The study is framed within the broader context of the digital transformation of the fitness industry and the evolution of consumption models, increasingly oriented towards flexibility, convenience, and reduced contractual constraints. After introducing the theoretical background on multisided platforms, network effects, and flexible pricing mechanisms, the thesis provides an analysis of the reference market, with a specific focus on the Italian urban context and the city of Milan as a pilot area. The examination of the fitness sector and its main competitors highlights several limitations of existing models, particularly regarding gyms’ lack of pricing autonomy and the limited accessibility for users not covered by corporate benefit schemes. The core of the thesis is devoted to the analysis of Fyndgo’s business model and to the formulation of its key operational assumptions. These assumptions are subsequently assessed through a qualitative validation based on semi-structured interviews with a sample of gyms. The findings indicate the presence of a demand for flexible access solutions, although characterized by significant heterogeneity, and confirm gyms’ interest in platforms that ensure operational simplicity and pricing autonomy. At the same time, critical issues emerge concerning the economic sustainability of the model, especially with respect to the acceptability of platform commissions. The thesis also includes an economic and financial analysis aimed at evaluating the medium-term sustainability of the project. By estimating revenues, operating costs, and the break-even point, different growth scenarios and adoption hypotheses are examined. The study concludes with a discussion of the main risks, critical assumptions, and future development perspectives of the project, highlighting the relevance of the Lean Startup approach as a framework for iterative learning and continuous adaptation.| File | Dimensione | Formato | |
|---|---|---|---|
|
Fenato_Alberto.pdf
Accesso riservato
Dimensione
2.59 MB
Formato
Adobe PDF
|
2.59 MB | Adobe PDF |
The text of this website © Università degli studi di Padova. Full Text are published under a non-exclusive license. Metadata are under a CC0 License
https://hdl.handle.net/20.500.12608/107470