Dear Licensees,
Thank you to everyone who joined us for yesterday’s quarterly call. For those who couldn’t attend, we’ve attached the presentation from the meeting to this email for your reference.
Here’s a summary of what was covered during the call:
- **Quarterly Meeting Overview:**We provided an outline of the topics, including updates on the WCT Academy, licenses/quads, upcoming events, and changes to the structure of our quarterly meetups.
- **WCT Academy & New Licenses/Quads:**The first WCT Academy event is scheduled for January 2025, with exciting new licensees and Quads being developed in South America, Africa, and Europe.
- **Upcoming Events:**WCT7 France is planned for April-May 2025, likely in Paris or northern France, and the World Championship will take place in Q4 2025. Exact dates will be confirmed soon.
- **Website & App Updates:**We’re consolidating our online presence under a single domain, worldchasetag.com (wct-emea.com & wctamericas.com will soon be gone), with expanded features for gyms, academies, and athletes. Additionally, a mobile app will launch in early 2025 to streamline event management and athlete tracking.
- **8-Meter Quad Improvements:**Updates are underway to make the 8-meter Quad more accessible for kids and enjoyable for athletes, with valuable input from 8m Quad owners.
- **Quarterly Meetup Changes:**We’re introducing monthly on-demand one-on-one calls with licensees (more information and details to come early 2025) and a quarterlynewsletter to replace the traditional group call format.
- **Addressing Gym Challenges:**Discussions focused on brand recognition, balancing perceptions of WCT as a sport vs. a TV show, and strategies for gyms to prioritize profitability over exposure.
- **New 1v1 Event Format:**A simplified 1v1 event format was introduced, aimed at engaging more participants, providing clear athlete rankings, and being easy to implement.
- **Gym Business Model Guidance:**Recommendations were shared on sustainable pricing, event profitability, and leveraging the new app and event format for success.
- **Roadmap & Next Steps:**The app and event format will enter beta testing in January 2025, with a full rollout in February 2025. Feedback from gyms during this phase is essential to refine the system.
We hope these updates provide valuable insight into the exciting developments happening within the WCT community. If you have any questions, need clarification, or want to share feedback, please don’t hesitate to reach out.
Looking forward to hearing from you!