For the past 6 years, Float Tank Solutions has released the State of the Industry Report for the float industry based on a survey we release each year at the beginning of summer. Over the years, we’ve refined the process and adjusted the report, making it more robust, thorough, and accurate. It has expanded every single year, sometimes adding entire sections to the report.
This year has been the largest expansion since the report’s inception and putting it together was no small task.
You may have heard about the online discussion we hosted about the report this year. The full video is linked below, but first, I’d like to go over some of these changes.
Cross-Year Analysis from 2014-2019
Since we now have industry data for every year going back to 2014, we decided to try out a cross-year analysis for some of the most common questions we’ve asked over the years. While we didn’t get to dive too deeply into this data, we did get to look at several questions and it has shown some really interesting trends across the years.
This data is useful for a few reasons. Most significantly, the responses that remain consistent year over year provide us with much better confidence in those results. This is particularly exciting because our survey has a relatively small sample size to begin with, so there’s already uncertainty baked into our responses. Inversely, when the data makes a huge shift, we can recognize that because the rest of the data remains pretty normal. We may not know why exactly infrared saunas have gained so much popularity in conjunction with floating, but we can see that it’s not just a one-off trend year over year.
Real World Data Pulled Directly from HelmBot
Undoubtedly the most exciting addition to the report this year is the inclusion of data from HelmBot customers. Since this information is pulled directly from their operating software, it removes a lot of the issues of personal bias or confusion from the regular survey.
It was important to us that we respect Helm users’ identities throughout this process. When requesting the data we used a double opt-in method so we couldn’t get any false positives. Through our collection process, each center’s data was randomized and assigned a number code, making the information useful, without being recognizable. From here we could safely aggregate the data like normal and turned it into the colorful, pleasing graphs that you’ve come to love (let Graham know what you think of them, he worked hard to make them look good while keeping them informative).
Finally, we wanted to include the video from our chat with the industry. It’s a lengthy discussion for sure, but definitely worth the review. Graham and I could easily talk for hours on this report and it was exciting getting to see where people’s focus landed with the information we presented.
If there’s something not covered here, please reach out to us, we love talking about this information and we want to make sure that it’s as useful as possible.
Summer may be coming to a close but we’ve still got Tank Topics to help you beat the heat.
This collection focuses on managing employees, so we share everything from what to look for when hiring, what orientation looks like, and how we at Float On have structured our management hierarchy. Also… Ashkahn likes socks, so send him some.
With the first industry run Float Conference right around the corner, we wanted to take a minute to talk about what we're excited about at Float Tank Solutions and HelmBot, since we're all gonna be there. This year is especially exciting for us, since no one on our...
The Float Conference has been the birthplace of many amazing things in the industry. It’s where Justin Feinstein met Colin Stanwell-Smith and together they designed the Float Lab at the Laureate Institute of Brain Research; it’s where Jeremy Warner got the inspiration...
Looking for something specific? Search our nearly 100 blog posts. Float On has been around for nearly 9 years, and in those 9 years, we’ve gone through lots of floors. Some have held up better than others. Some didn't hold up at all. At one point we tried putting...
We’re gathering responses for our 2019 Industry Report through the end of July, and we once again need your help.
Please take a brief moment to answer a few questions about your float center (or future float center) – it may be the easiest thing you can do to contribute to the growth of floatation around the world.
Flux comes back to provide a visual recap of his informative talk from the 2018 Float Conference, discussing the relationship between floating, depression, and the immune system.
To all the fans of our Daily Solutions Podcast, we have heard your request for more of our podcast, but without all of that boring float information. With that in mind, we’re excited to announce that we are releasing all of the intros (and only the intros) in a...
We've already landed in St. Louis, checked in to our AirBnb, and have been greeted by the warm embrace of our float family here for the Rise Float Gathering. The welcome party was wonderful. Drinks were had, stories were shared, and old friends greeted each other and...
A comprehensive breakdown of everything that we know as an industry about floating and PTSD.
Rise is coming up soon, May 3rd through 5th, and while many of you have probably heard about it, most of you probably haven’t been there. I’d like to talk about how it compares to other industry events, and what makes it so special. We’ve attended Rise every year, and...