Financing options available for US customers through Signature Funding.
Contact: Greg Oleski at 810-602-4766 or Signature Funding Group at 248-952-1500
ROI MODELS
Year 1 - Initial Purchase: $14,495
Year 2 - Annual Fee: $495
Year 3 - Annual Fee: $495
Total: $15,485
Per Month: $15,485/ 36 = $430.14
BUSINESS MODEL 1: Value Adder
Use Specto as an incentive to attract bowlers to your center over other bowling centers.
If you charge by hour
Example:
$430.14 (goal) / $15 per hour = 29 hours per month
Assuming a fee of $15 per hour then you would need
29 hours per month.
Payoff:
One person per day to use Specto less than an hour to pay off in three years.
If you charge by game
Example:
$430.14 (goal) / $3 per game = 144 games per month
Assuming a fee of $3 per game then you would need
144 games per month.
Payoff:
One person per day to use Specto for 5 games to pay off in three years.
Advantages:
It is much easier to get people to use the system when they don’t have to pay extra. Works well in hyper competitive markets with several bowling centers. This option works well when combined with things such as special lane conditions on certain days to increase the number of reasons to practice at your center.
BUSINESS MODEL 2: A La Carte
Charge an additional fee for lineage on lanes when bowlers are using Specto.
If you charge by hour
Example:
If you charge $5 extra per hour: $430.14 (goal) / $20 per hour= 21.5 hours per month
Payoff:
45 minutes per day using Specto to pay off in three years.
If you charge by game
Example:
If you charge $1 extra per game: $430.14 (goal) / $4 per game
= 108 games per month
Payoff:
3.5 games per day using Specto to pay off in three years.
Advantages:
You can pay your system off even faster! Easy to measure, your center can easily track how much Specto is being used.
BUSINESS MODEL 3: Specto Club
Create a club with benefits that encourages your higher end bowlers to participate.
Example:
Membership could include:
• Free practice during your slower times (3-6 PM Mon-Fri)
• Discounts on lessons
Annual Fee: $99
Net Income per Member: $99 ($8.25 per month)
$430.14 (goal) / $8.25 per month = 52 members per month
Payoff:
52 members per month to pay off in three years.
Advantages:
Easy to target competitive bowlers (league, college, etc.).Could be combined with other business models.
COMBINATIONS
An effective way of creating more channels of ROI is using the combination of the above models. Most successful centers use combined strategies.
Think about your key customers for Specto and create a strategy that most effectively meets their needs. Tech savvy Bowlers, Coaches, Teams such as High School and Collegiate.