introducing voucher snap lite
Post on 19-Oct-2014
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Introducing
Voucher Snap LiteHelping companies sell their product and
minimize their risk
What is Voucher Snap Lite?
An innovative approach to selling or gifting attraction tickets
A standalone POS that produces vouchers in lieu of hard tickets
No more attraction ticket inventory
Why vouchers?The answer to hard ticket inventory
Are you able to offer all attraction tickets to your guests?
Do you know where all of your tickets are at right now?
Vouchers give the ability to offer ALL attraction tickets
Why vouchers?Risk Reduction
Immediate reduction of risk and tied up funds in prepaid inventory through use of vouchers
Voucher Snap customer reports reduction from 3-4 million tied up in hard ticket inventory par levels to ½ million, capital that was returned to the company coffers
Why vouchers?The answer to hard ticket inventory
“My customer may prefer hard ticket…”
Last year alone Voucher Snap sent nearly 5 million people to theme parks and attractions
Why vouchers?The answer to hard ticket inventory
Looking for more??
Voucher Snap Lite is now fully integrated with DTI.
Why vouchers?Breakage
Sometimes customers never redeem their vouchers at the theme park attractions and therefore are NEVER billed to the Timeshare Company.
This “breakage” figure represented over a million
dollars to one of our
Voucher Snap Lite customers in one calendar year.
Why vouchers?How much breakage can there be?
When your Gifting Costs exceeds sales
Company A $15m in ticket sales$16m in cost$1m as a LOSS$600k BreakageReducing loss to $400k
Company B$4.7m in ticket sales$5m in cost $282k as a loss$188k in breakageReducing loss to $94K
Why vouchers?How much breakage can there be?
When your sales exceeds gifting costCompany A
$20m in ticket sales$17.5m in cost$2.5m as a PROFIT$800k BreakageIncreasing profit to $3.3m
Company B$5m in ticket sales$4.4m in cost $600k as PROFIT$176k in breakageIncreasing profit to $776k
Why Vouchers?When it all adds up…. it just makes sense
*Typical annual rate for inventory shrinkage is 3-5%
$5m in cost….
Shrinkage = $250k
*Typical annual rate for shrinkage of retail
is 1.5% of sales$4.7m in sales
Shrinkage =$70,500
Breakage$5m in cost….
Breakage = $188k
Why Vouchers?Impacting the bottom line
250,000$188,000 $70,500
When it all adds up…$508,500
Why Vouchers?Review
• Expand your offering
• Eliminate Risk
• Breakage
• Reduce cost per tour
Voucher Example
Voucher Snap Lite
Credit Card ProcessingAre you PCI Compliant?
High speed internet connectivity allowing for 4 second transactions.
Automated Account info lookup for refunding.
Automatic batching at completion of each shift.
CISP compliancy and security built in.
Perpetual Cash ControlHow do you manage your cash?
Real time Cash in Drawer totals that carry through each shift.
Every transaction involving
Cash fully documented.
Blind Cash Drawer balancing.
Screen Shot of Point of SaleA simple easy to use User Interface
Where to use?On the front lines
Supports various site functionality: • OPC desks• Gifting• Guest Services• Telemarketing
Easy to Use Interface that
requires minimal training time
to get new staff members out
into the field.
Where to use?On the front lines
Configured for specific site needs
Robust lineup of tools beyond regular sales
and gifting.
• Priority Help Desk
Support
Voucher Snap’s History
In constant development for 20 years– Originally commissioned by Thomas Cook
International in 1992– Since then has been diligently serving:
• Orange Lake Resort & Country Club• Sunterra Corporation• Central Florida Investments• Marriott Vacation Club• Starwood Vacation Ownership• Consolidated Resorts
Now introducing….
Voucher Snap Lite
About ABP
• Advanced Business Products, Inc. was founded in 1978 and has been serving the hospitality industry for over 34 years. ABP works as technology partners with their clients, providing POS Solutions and reliable service.
• Our roots are planted in the fundamentals of the cash register business. We’ve been helping our clients track sales and account for earnings for over 34 years.
• We are well known for excellence in service, accomplished by combining “Old School” customer service with the latest in POS Technology.
• In 2008 we were awarded the R.S.P.A. Innovative Solutions Award for our work in providing an enterprise franchise client with a turnkey POS solution.
• We have been highlighted in magazines such as Hospitality Technology and VSR Magazine due to our outstanding customer service and innovative approach to POS solutions.
Our Vision and ValuesAll the work we do is founded on clearly defined, active set of core values
At Advanced Business Products we build customer relationships one client at a time. We invest into your success by promoting efficient operations through your POS Solution,
reducing costs, and ultimately delivering business value.
We pride ourselves on excellence in “Old School Customer Service”.
Our customers know they can count on us for good service during the initial sale and for
years to come.
Questions