One of the biggest decisions business owners have to make is how to price their products or services. When it comes to kiddie rides and prize machines, several factors need to be taken into consideration such as the length of play time and the price of the prizes in the machines. However, once all of these factors have been taken into account and the calculations made, the easiest way to manage prices is to use single price mode.
What Is Single Price Mode?
Single price mode is a pricing structure that allows you to set a single price for every service that your machine offers. This means that customers pay a fixed price for the service they want. This setting of clear expectations makes it easier for customers to understand your pricing model and makes it easier for you to update and manage your prices.
What Are the Benefits of Single Price Mode?
There are many benefits to using single price mode. One of the biggest benefits is that it simplifies pricing for both you and your customers. With a single price, you won’t need to spend time and effort managing and updating prices, and your customers will have a simple, straightforward experience. This convenient pricing structure helps attract more customers by setting clear expectations.
Single price mode can also help increase revenue. Customers are more likely to use your machines if they know exactly what they will be paying up front. This means that you can attract more customers and increase the number of times they use your machines, resulting in more revenue for your business.
Lastly, single price mode can improve customer satisfaction. When customers know what they will be paying up front, they are less likely to be surprised or disappointed. This can lead to a more positive experience for your customers, which can translate into positive reviews and repeat business.
What Machines Is Single Price Best For?
Single price mode is most popular for kiddie rides, prize win machines, claw machines, and pay toilets. Setting a single price provides customers with a convenient and practical solution.
Kiddie Rides
A set price for a set amount of time on a kiddie ride helps make parents’ lives easier. This way, they can set expectations and help their kids enjoy the ride more.
Prize and Claw Machines
Setting a fixed price for a turn at the prize or claw machine helps players decide how many turns they want to play. It also makes it easier for you to manage the price and to set it based on the price of the prizes within the machine.
Pay Toilets
Pay toilets are a necessity and are used based on need. Since they aren’t used for extended periods of time and are usually used only once by each visitor, a fixed price makes the most sense for them.
Single price mode is a convenient and practical solution for businesses that offer prize machines, kiddie rides, claw machines, and pay toilets. It simplifies pricing for both you and your customers, increases revenue, and improves customer satisfaction. By adopting single price mode, you can attract more customers and improve your bottom line, while also providing a more enjoyable experience for your customers.
If you’re looking for payment solutions for your kiddie rides, prize or claw machines, or pay toilets, contact us here.
