If you
are buying tickets through web portal or through hard ticket inventory you are
missing out on breakage! Breakage of course occurs when you gift something out
and the guest never goes to the attraction.
This
number could represent $1,000’s of dollars to your company and you don’t even
know it.
Let’s
take a look at a couple of ways breakage can occur
When your sale
exceeds gift costs
|
|
Company A
$20m in ticket sales
$17.5m in cost
$2.5m as a PROFIT
$800k Breakage
Increasing profit to $3.3
|
Company B
$5m in ticket sales
$4.4m in cost
$600k as PROFIT
$176k in breakage
Increasing profit to $776k
|
When your Gifting
Costs exceeds sales
|
|
Company A
$15m in ticket
sales
$16m in cost
$1m as a LOSS
$600k Breakage
Reducing
loss to $400k
|
Company B
$4.7m in ticket
sales
$5m in cost
$282k as a loss
$188k in breakage
Reducing
loss to $94K
|
If you
are using hard tickets or web portal tickets than you are handing out money
with no way of tracking if your guests are attending.
Stop
handing out $50 bills today and get started with Vouchers Snap POS!
Are you missing out on breakage for your attraction incentives?
Contact Us today to see how we can help increase your profits today!
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