You can expect a complete return on your investment within the first 90 days. After that, everything is profit. There are three main ways in which you increase your profits.
- Increase in Profits through sales - We recommend listing your highest profit margin items in the Drink Exchange. Patrons will purchase these items at a much higher rate than usual and you will naturally see an increase in profits
- Increase in Patronage - Word of mouth spreads quickly. New patrons will visit your establishment just to see the Drink Exchange.
- Liquor Distributor Revenue - 90% of Drink Exchange bars & restaurants receive over $400/month in kickbacks from their liquor distributor in exchange for listing specific items in the Exchange.
- Drink Exchange computer system
- One POS ordering tablet (additional tablets available upon request. You can use your own mobile phones or tablet as ordering terminals simply by downloading the Square POS app)
How does it work?
The item prices are displayed on the TV's in your establishment, and the prices change based on real time demand. The Drink Exchange comes installed on a small computer. The computer connects to your TV's via HDMI or wirelessly. We offer a version of the Drink Exchange that integrates with your POS System, as well as a non integrated version.
The integrated version monitors quantities sold and updates the item prices on the POS in real time. The non-integrated version can either act as a second POS System or you can use it as a guide to enter the item prices on your current POS.
What does it cost?
- $499/month, no contracts, cancel any time
- Includes unlimited remote support and remote setup