Unlock Hidden Revenue:
How CourseIQ Captures Missed Opportunities
CourseIQ isn't just about putting data on a dashboard; it's about turning that data into actionable steps that can significantly boost your revenue. Take a peek into our groundbreaking workflows designed to systematically elevate each revenue stream at your golf course—be it cart rentals, pro shop sales, or dining experiences.
Use Cases
Consider typical course* operating elements - some venues will be significantly larger, while others will be smaller:
Cart rentals: $25 per round
Twilight Special: 30% discount
*Please note that these calculations are based on the specific information provided and broad assumptions about the impact of each workflow. The actual revenue potential may vary based on the implementation, market conditions, customer behavior, and other factors.
1. Last-Minute Cart Rentals:
Assumption: 2% increase in cart rentals
Revenue Potential: 40,000 rounds * 2% * $25 = $20,000
2. Exclusive Pro Shop Flash Sales:
Assumption: 2% increase in pro shop sales.
Revenue Potential: $450,676 * 2% = $9,000
3. Personalized Equipment Recs:
Assumption: 1% increase in equipment sales.
Revenue Potential: $450,676 * 1% = $4,500
4. Post-Round Dining Offers:
Assumption: 3% increase in dining revenue.
Revenue Potential: $175,000 * 3% = $5,000
5. Weather-Triggered Offers:
Assumption: 1% increase in pro shop sales (weather-related).
Revenue Potential: $450,676 * 1% = $4,500
6. Membership Referral Incentives:
Assumption: 1% increase in memberships
Revenue Potential: 40,000 rounds * 1% * $101 = $40,000
7. Golf Lesson Packages:
Assumption: 1% increase in lesson revenue.
Revenue Potential: 40,000 rounds * 1% * $80 = $32,000
8. Event and Tournament Packages:
Assumption: 1% increase in event revenue
Revenue Potential: 40,000 rounds * 1% * $101 = $40,000
9. Customized Package Offers:
Assumption: 1% increase in package sales
Revenue Potential: 40,000 rounds * 1% * $101 = $40,000
10. Sunset Specials for Late Tee Times:
Assumption: 2% incr. in special bookings at 30% lower
Revenue Potential: 40,000 rounds * 10% (late tee times) * 2% * $101 * 70% = $5,500
Estimated Average Incremental Revenue Potential: ~$200,000+