With the new year fast approaching, it’s time to celebrate the closing of one of the most challenging years we’ve experienced as a country, as human beings, and as social creatures. With so much uncertainty ahead of all of us, let’s not forget there are, and will...
[vc_row][vc_column][vc_column_text]Tis the season for gift giving! Our team created a list of wine items that wine enthusiasts are sure to love! We have items varying from fancy wine baskets to drinking accessories, that your wine friends will be happy to receive this...
February – the month of love, candy hearts, teddy bears, and flowers. For wine lovers, Valentine’s Day is a day where it is socially acceptable to be love struck over a great bottle of wine. There are so many terrific bottles to pick from that choosing the right...
[vc_row][vc_column][vc_column_text] Wine Lovers, Rejoice…Here Is Our Guide to Wine Pairings with Game Day Foods! The 51st Super Bowl is just days away! This Sunday, the Patriots and Falcons will face off at NRG Stadium in Houston, Texas. The real question...
[vc_row][vc_column][vc_column_text]The Napa Valley and Sonoma area is home to over 500 wineries with gorgeous views and of course delicious wine. Our team collectively gathered our favorite wineries that offer unique amenities beyond your average wine tasting...
Holiday shopping is in full effect now and our team wants to inspire you with our gift guide! There are a couple of splurge worthy items in here too, just in case you’re feeling spontaneous this year. This gift list is ideal for the food and wine advocates in your...
Napa Technology ROI Calculator for Retail
Question
Example
Your Value
Section 1: Current Sales
How many days are you open monthly?
25
How many people do you serve daily?
50
Approximate number of monthly customers is==>
1250
—
What is the average retail price per 750ml bottle?
$40
What is the average number of wine bottles purchased per retail transaction?
3
Your estimated wine bottle sales ===>
$150,000
—
Section 2: Upselling
At retail stores where wine sampling is available, an average of 60% of customers participate in a tasting before purchasing. If offered, what percentage of your customers would take advantage of wine sampling before making a purchase?
60%
At retail stores where wine sampling is available, an average of 80% of customers upgrade their selection after sampling the higher priced wines. If offered, what percentage of your customers would upgrade their selection after sampling?
80%
The approximate number of monthly customers who may upgrade after sampling is ==>
600
—
At retail stores where wine sampling is available, customers spend up to 40% more per bottle on average. What percentage increase do you believe your customers would spend when upgrading their wine selection? (Example: a customer plans to purchase a $15 bottle and leaves with a $21 bottle.)
20%
Section 3: Results
Based on the inputs you provided, the average retail price per 750ml bottle for customers who sampled and purchased increases to ==>
$48
—
Increase per 750ml bottle is ==>
$8
—
The approximate monthly increase in your sales based on your input is
$4,800
—
Price of a 16-bottle WineStation system (including shipping, installation & training)
$31,000.00
$31,000.00
Based on the entered data, the ROI for your system in MONTHS is
6.46
—
Napa Technology ROI Calculator for Restaurants (Staff-Service Model)
Question
Example
Your Value
Section 1: Cost Savings
How many days are you open monthly?
26
On average, how many glasses of wine do you serve daily?
45
What is the average price per glass of wine at your establishment?
$8
Approximate monthly “wine by the glass” revenue is ==>
$9,360.00
—
Please, enter percentage of wine you estimate is over-poured, spoiled or lost due to theft (national estimates are 10%-15%)
20%
Your approximate wine-by-the-glass revenue loss is ==>
$1,872.00
—
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 estimate 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: Total Benefit of WineStation
Your estimated monthly impact with WineStation is ==>
—
Price of an 8-bottle WineStation system (including shipping, installation & training)
$17,900.00
Based on the entered data, the ROI for your system in MONTHS is
—
Napa Technology BarAnywhere™ Common Area ROI Calculator (Hotels, Senior Living, Residential Communities etc.)
Question
Example
Your Value
How many rooms/units does your property have available?
300
What is the occupancy rate of your property?
80%
Number of guests/residents at any given time
240
—
What percent of your guests/residents would purchase a glass of wine or beer daily?
10%
Number of guests/residents who purchase a drink daily
24
—
Average number of drinks per guest/resident drinking?
2
How many days are you open monthly?
30
Estimated number of drinks per month
1440
—
What is the average price per drink?
$10
Approximate monthly revenue is
$14,400
—
Cost of goods (%)
25%
Cost of product ($)
$3,600.00
—
Approximate monthly profit is
$10,800.00
—
Price of BarAnywhere™ (including shipping, installation & training)
$25,700.00
$25,700.00
Based on the entered data, the ROI for your system in MONTHS is
