Unless you’ve been living under a rock, you’ve probably heard that, in 2020, living under a rock might be the safest place you could be. The COVID-19 crisis does not have an end date at this time, and for now, that means all plans to meet at your favorite wine...
The swift and unexpected spread of COVID-19 has been a devastating blow to businesses large and small. A recent study found that since the virus landed in the U.S. 43% of small business owners were forced to temporarily shut down their production while almost 2% have...
As our government and their experts continue working to flatten the curve and develop a vaccine for COVID-19, officials are also saying it’s acceptable for bars and restaurants to reopen their business for dine-in services. It’s no secret that Shelter in Place orders...
As the Covid19 pandemic continues to turn life as we know it upside down, many of us are asking ourselves, “What can I do to help?” We’ve all seen the upsetting images and heard the horrific stories of hospitals across the country overflowing with new sick...
We would like to offer some tips on creating a safe and productive office environment during this time of heightened awareness about the effects of Covid19. Like you, we are working hard to continue providing excellent service to our customers while creating a safe...
Flights, such as wine or beer, are a growing trend in the restaurant industry. This simple tactic of offering multiple wine options in a single menu item can help expand your guests’ wine knowledge as well as offer them a unique experience. Even better, studies have...
Napa Technology Common Area Dispensing System on Investment Calculator (Retail)
Section 1: Current Sales
How many days are you open monthly
25
How many people do you serve daily
50
Approximate number of monthly visitors are ==>
1250
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What is the average retail price paid for each 750ml bottle your customer purchase
$40
What is the average # bottles (cases=12bottles) of wine, your customers purchase per retail transaction
3
Your approximate wine bottle sales are ===>
$150,000
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Section 2: Upselling
At retail stores where sampling is available on average 60% of customers take advantage of wine samplings (tasting) before making their wine purchase.
If offered, what % of your customer would take advantage of wine samplings (tasting) before making their wine purchase.
60%
At retail stores where sampling is available on average 80% of customers upgrade their purchase after sampling higher priced wines.
If offered what % of your customers do you believe would upgrade their wine purchase after sampling.
80%
The approximate number of monthly customers that may sample and upgrade there selection is ==>
600
—
At retail stores where sampling is available on average customers spend up to 40% more on a bottle of wine.
How much more by % do you believe these customers would spend for their upgraded selection of wine.
(Example: Customer came in to purchase a $15 bottle leaves with a $21 selection)
20%
Section 3: Results
Based on the numbers you provided the average retail price paid for each 750ml bottle your customers who sampled and purchased is now raised to ==>
$48
—
This equals an increase of ==>
$8
—
The approximate monthly increase in your sales based on your input is
$4,800
—
Price of an 16 bottle Wine Dispensing System, Shipped and Installed
$31,000.00
$31,000.00
Based on your data, the ROI for your dispenser in MONTHS is
6.46
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Napa Technology Common Area Dispensing System on Investment Calculator
(Restaurant Staff Service)
Section 1: Cost Savings
How many days are you open monthly
26
Please enter the average number of glasses you serve daily
45
Please enter the average price per glass of your wines
$8
Approximate monthly Wine by the Glass Revenue is ==>
$9,360.00
—
Please enter percent of wine you estimate is over-poured, spoiled or lost due to theft
(National Estimates are 10% to 15%)
10%
Your approximate revenue lost in wine by the glass is ==>
$936.00
—
Section 2: Driving New Revenue Streams
With WineStation you can safely offer higher priced wines by the glass.
Please enter the average price per glass you would like to offer.
$20
In your most conservative estimates what percent of your customers do you believe
will upgrade their selection and buy higher priced wines.
10%
The approximate additional revenue from the new higher priced wines is ==>
$1,404.00
—
Section 3 RESULTS: Total Benefit of WineStation
The total monthly benefits to you is ==>
—
Price of an 8 bottle Wine Dispensing System, Shipped and Installed
$17,900.00
Based on your data, the ROI for your dispenser in MONTHS is
—
Napa Technology Common Area Dispensing System on Investment Calculator
(Hotel, Senior Living, Luxary Communities)
How many rooms does your hotel have available
300
What is you occupency rate in your hotel
80%
Number of Guest at any given time
240
—
What percent of your guest would purchase a glass of beer or wine daily
10%
Number of Guest who purchase a drink daily
24
—
Average number of drinks per guest drinking
2
How many days are you open monthly
30
Estimated number of drinks per month
1440
—
Please enter the average price per glass of your wines
$10
Approximate monthly Revenue
$14,400
—
Cost of Goods Percecnt
25%
Cost of Product
$3,600.00
—
Approximate monthly Net Income
$10,800.00
—
Price of Lobby Bar incl. Shipping / Install / Training
$24,900.00
$24,900.00
Based on your data, the ROI for your dispenser in MONTHS
