The Phenomenal Growth of the Vibration Training Industry

by Lloyd Shaw

Let me start out this article by admitting something. I was wrong… way off the mark… not even close.

This is going to come as a shock to those in the health industry that think by sticking their head under a rock and proclaiming Vibration Training “can’t work”, or somehow it will go away. Sorry but you are also very wrong.

I will explain.

Back in 2001 when I first looked into this technology there were really only 3 units you could purchase. All 3 were hard to get hold of and information on how they worked was even harder to get - if not impossible. Most of it being just being dumbed down marketing material.

By 2004 we had about 8-10 units available to the public. One factory had moved from Holland to China but most still built in Europe with 1 or 2 in the U.S. Information to the public was still tight, but since then I have done my best to fill the gap.

Now consider this. For every unit released companies have to go through a series of moves called Research and Development (R&D).

Here’s the basics…

  1. Design.
  2. Feasibility Study (ascertain the likelihood of the project’s success).
  3. Funding.
  4. Prototype Development.
  5. Prototype Testing (includes breakage rates along with scientific or medical tests depending on target market.
  6. Funding and Cost Feasibility Study along with projected profits forwarded to”Financial Backers”.

If approved…

  1. Production of machine (factory or assembly line).
  2. Distribution agreements.
  3. Release of product followed by marketing and education.

This will usually take up to 2 years and can cost tens of millions of dollars - just to produce the first line. Most companies do not expect to make a profit until the 3rd year of sales.

I had calculated that approximately 15 companies worldwide would have by 2007 taken the risk and actually released a product.

I recently updated my folder of products and it officially has now gone over 140 !!!

Companies like Dunlop, Honda and some longstanding medical companies have invested hugely in this technology. Some in more than one model. Granted a lot are only filling the “profit for sales” slot and may not want to be involved in the industry long term. However they have all done their maths and come to the same conclusion; it not only works - but it is going to be worth the investment.

Lets make that statement clearer. They are going to MAKE it worth the investment.

My prediction is when all these companies marketing budgets converge, you are going to hear and see a campaign like nothing before. Yes they will be blowing their own horns, but the world will hear it.

Even from under a rock.

Categories: Industry, Marketing Issues
Written by Lloyd Shaw on April 10th, 2007

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Before asking an unrelated question - take a look at the Beginner's Guide to WBV.