Something in the world of floating have you stumped?
Show Highlights
The Question: Will the home tank market and its low prices affect the commercial float industry negatively?
Our Answer: We don’t think so! In fact, home tanks increase the visibility of our industry.
Tune in to this short Daily Solutions Podcast, or read the text below if you’re at work and you need it to make it look like you’re doing important stuff.
Show Resources
Listen to Just the Audio
Transcription of this episode… (in case you prefer reading)
Graham: So today’s question is, How does the invention of low cost in home float tanks affect the viability of starting and running a float tank center?
Ashkahn: I think it’s probably not going to have much of an impact, or maybe a positive impact if anything.
Graham: Yeah, that’s my feeling very much as well. I don’t think that you’re losing a lot of your most regular customers or anything, even to having a float tank in home.
Ashkahn: Yeah. I mean like, if you have a float tank center by this point, you know how hard it is to have a float tank setup somewhere. It’s crazy. The amount of salt, the amount of maintenance, all that sort of stuff. Hopefully that stuff will get better over time, but it’s still going to be a lot of people who prefer to go to a float center than to have the space for one in their home, or the cost of one in their home, or the maintenance of one in their home.
For the people who do have one in their home, to me that’s just like a huge point of conversation. Any time anybody goes over to that person’s house, they’re going to be like wait what is that, and that’s just that many more people that know about float tanks. I don’t know, I could be wrong, but I’d be surprised if that like took down the industry, because everyone started buying float tanks for their houses.
Graham: At the point that you’re floating less than once every couple weeks, or once a month, or so. If your thing is you like to hop in a float tank once a month, or once every two months it still probably doesn’t make sense for you to have a float tank in your home necessarily. Right? So there’s this whole market of people who are not coming in incredibly regularly, who just for no other reason than financial viability won’t go down that route.
Ashkahn: Time will really tell what ends up happening, but I don’t know that’s my personal hunch is that it probably won’t have to much of an impact.
Graham: In a similar sense that public pools and stuff aren’t destroyed by people having private pools in their house, or places where gyms where people can go and go into a sauna or a hot tub, aren’t destroyed by people able to have personal home gyms, or saunas, or hot tubs at their house.
It’s just there will of course be people who want that privacy, and want to take advantage of it. I think though there’s always going to be a broader group of people who are just not that regular users who would want to go to a center, and even having people take care of you. Not having to clean up after yourself is another big thing that I think drives some people in when they just want to be pampered.
Ashkahn: Yeah, definitely or just kind of everything about the amount of space it takes. I mean there’s some float tanks out there that are trying to fix that issue for people’s homes. Make them more space wise I guess.
Graham: I guess here’s what I’m trying to say, is I don’t feel like they’re competing markets. Like I feel like there’s a huge benefit to having a float tank in your home, and there’s a whole group of people who’s stoked about it, and that number of people is growing. I think that also the people who are excited to go into a float center and go float, of course there’s some overlap because floating is involved, but I think fundamentally they’re just two totally different markets growing in two very different directions, but both growing right now. I don’t see that much competition between them.
So, like we always say, take a walk or you’ll never know what’s out there!
Recent Podcast Episodes
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Ashkahn is still gone, getting ready for the Float Conference. The festivities kick up this week, and he’s busy working diligently to make all our dreams a reality.
In the meantime, Jake and Graham tackle the notion of ongoing maintenance and the ever evolving nature of a float center. Jake sets the record straight on the concept of having a “finished” float center, as new problems always arise. It’s not all bad news, though, as these changes allow for new opportunities for your centers.
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This is another fantastic episode that challenges the question on its face.
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Latest Blog Posts
The Float Tour Blog – Issue #20
We now follow the trail of our ancestors, Meriwether Lewis & William Clark, whose expedition started in St. Louis and would, eventually, lead them to Oregon – just like us.
Except, unlike them, we didn’t actually start in St. Louis, don’t have a tour guide from the Lemhi Shoshone tribe, and aren’t carrying flintlocks (except for Graham).
The Float Tour Blog – Issue #19
Chicago is home to one of the oldest float centers still in operation – SpaceTime Float Tanks.
We had the misfortune of timing our visit as they were moving to a larger location, the only time in 34 years that they have ever been closed. It is with great regret that we were unable to see their historic float center in operation.
They were trailblazers even before there were trails to blaze – so many float centers in the entire Midwest trace their roots back to a single float at SpaceTime.
The Float Tour Blog – Issue #18
We made it back to America, everybody. It was a harrowing experience being in an uncivilized country where they think gravy and cheese curds on french fries is a meal but, thankfully, we’ve crossed the border back to a country where we know that chili and shredded cheese on french fries is a meal. Civilization.
Quite honestly, we might be in love with Canada. We’re definitely making another trip up there. For now, it’s about to MPH not KPH.
The Float Tour Blog – Issue #17
We hosted our second Float Tour Workshop here in Toronto and stayed in town a bit longer than we normally do, allowing us to get acquainted with the city. The sprawling metropolis is an amalgamation of old world pioneering days and modern multiculturalism. It was founded in 1787, and some of the currently standing buildings pre-date even that. Ancient architecture stands next to contemporary monoliths, weaving a tapestry of antiquity and avant-garde in this fair city.
