teachercd Posted September 26 Share Posted September 26 On 9/24/2024 at 10:24 PM, Lorewarn said: Is that $375k a net figure, or gross? Seems hard to believe we'd only average around $5 a head in concessions. Not sure BUT I am guessing two things here for the giant increase. 1. Not as much theft. Super easy to pocket 5-10 dollars here and there when it is cash. 2. When you are not paying with physical cash, you tend to spend more. A lot easier to spent 5-10 more dollars when it is not green leaving your pockets. 4 1 2 2 Quote Link to comment
RedDenver Posted September 26 Share Posted September 26 1 hour ago, teachercd said: Not sure BUT I am guessing two things here for the giant increase. 1. Not as much theft. Super easy to pocket 5-10 dollars here and there when it is cash. 2. When you are not paying with physical cash, you tend to spend more. A lot easier to spent 5-10 more dollars when it is not green leaving your pockets. I agree with what you're proposing, but I saw a study many years ago that across a huge swath of stores and companies, theft from the register was pretty consistently around 2%. So I doubt that had much influence on these numbers. 1 1 Quote Link to comment
Lorewarn Posted September 26 Share Posted September 26 1 hour ago, teachercd said: Not sure BUT I am guessing two things here for the giant increase. 1. Not as much theft. Super easy to pocket 5-10 dollars here and there when it is cash. 2. When you are not paying with physical cash, you tend to spend more. A lot easier to spent 5-10 more dollars when it is not green leaving your pockets. I totally believe there'd be a significant increase in revenue, primarily from your 2nd point which is people spending a lot more via card, I'm just confused and surprised by how low the number from last year seems to be. 1 Quote Link to comment
teachercd Posted September 26 Share Posted September 26 7 minutes ago, RedDenver said: I agree with what you're proposing, but I saw a study many years ago that across a huge swath of stores and companies, theft from the register was pretty consistently around 2%. So I doubt that had much influence on these numbers. My guess is that it is a little higher with bars, which even though they don't sell booze there yet, that is basically what it is...Still would clearly not account for maybe more than like 3-4% I just meant that stealing AND that people spend more on their cards instead of with cash...might be a nice sized chunk. Maybe faster too? Is cashless quicker? If each register can get through say, 5 more people during a break...that adds up. 2 Quote Link to comment
teachercd Posted September 26 Share Posted September 26 4 minutes ago, Lorewarn said: I totally believe there'd be a significant increase in revenue, primarily from your 2nd point which is people spending a lot more via card, I'm just confused and surprised by how low the number from last year seems to be. I heard that at the first World Series of Poker at the final table, they changed the chips for cash...and I guess it took forever, the players got all tight. I guess there was a big difference putting 50,000 in cash in instead of chips. I always wondered if that is why arcades started using tokens. I put so many tokens in this game! 1 Quote Link to comment
MyBloodIsRed16 Posted September 26 Share Posted September 26 On 9/23/2024 at 2:15 PM, Mavric said: When I was coaching, corner blitzes were always "cornhusker". 1 Quote Link to comment
teachercd Posted September 26 Share Posted September 26 5 minutes ago, MyBloodIsRed16 said: When I was coaching, corner blitzes were always "cornhusker". Ha! One of the things I always like was coming up with names for things on my defense. It is fun! 1 Quote Link to comment
MyBloodIsRed16 Posted September 26 Share Posted September 26 17 minutes ago, teachercd said: Ha! One of the things I always like was coming up with names for things on my defense. It is fun! and the signal in was like I was shucking corn. Also kinda looked like I was peeling a banana but it worked because we didn't have a banana call. 1 1 Quote Link to comment
Toe Posted September 27 Share Posted September 27 8 hours ago, teachercd said: I put so many tokens in this game! Good lord, why?! It's such an awful 'game'! 1 Quote Link to comment
teachercd Posted September 27 Share Posted September 27 14 minutes ago, Toe said: Good lord, why?! It's such an awful 'game'! The graphics!!!!! And, my low self-esteem. 3 Quote Link to comment
admo Posted September 27 Share Posted September 27 10 hours ago, RedDenver said: I agree with what you're proposing, but I saw a study many years ago that across a huge swath of stores and companies, theft from the register was pretty consistently around 2%. So I doubt that had much influence on these numbers. But it also helps them pay for vapes ! Quote Link to comment
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