(why it makes your venue
more profitable.)
Assuming that you understand
what barSTOCK is and how it works, let us try to explain
to you what actually happens inside a venue where it's running.
What follows is all based on evidence provided
by the nummerous installations all running barSTOCK throughout
the world.
You have a bar, barSTOCK is up and running, the punters
know what it is and understand the concept, this is the
reason they come to your bar and don't go to the "Bag
and Tadpole" down the road. They know barSTOCK is on
and they know that that means a laugh between themselves
and with the staff. BarSTOCK breeds interaction.
In your venue the prices tend to go up on increased turnover,
just as they would on a real stock-exchange, higher demand=higher
price, the lads walk in, prices are moving around....
Imagine the scenario...
There's 5 of them, they're just in from the RUGBY, its
early, they're thirsty. Joe's first up to the bar. Oh great!
my round. ( Knows its early, maybe the prices are a bit
lower initially) Oh bugger it, I know I'm getting 2 ROUNDS
here, ENGLAND have just won, the lads are fizzed up, Bob's
new girlfriend's coming, she's a big old unit, drinks like
a trooper .
Look CARLING BLACK LABEL out of the Pump 1.80 a pint. I'll
have 5 now and 5 futures.
Meanwhile Patrick notices, whilst Joe is taking so long
to make his mind up, that for some bizarre reason Drambuie
is down to 1.20 a shot, (apparently the info flashing on
the screen is that at the Highland Games the Caber tossing
contest has been won by a Welshman called Yian Lwellyn from
Llantascillia, and the Scots are so upset they've stopped
drinking Drambuie so the price is down to 1.20 a shot for
10 mins, in order to summon up interest.)
Well nice for a winter warmer... 5 shots please.
They have the Drambuies and tuck into their Carlings.
Meanwhile Richard has realised that Carling's gone up 30p
to 2.10. Well no wonder, Joe bought 10, the group next door
bought 7, and Bob's new girl friend has arrived and bought
4 for herself.
But hold on Tetleys off the tap is still 1.90... oh we're
1/2 way through these, best I get my round in now. 5 Tetleys
for now and 5 futures please.
Now little does Richard know that at Bass HQ the marketing
manager for Tetleys been away on holiday for 3 weeks (St
Lucia this time) and to be honest sales are a bit slow.
Directive from head office... move that Yorkshire brew we've
got so much of, do some promotion deals... so the MM has
given permission to the barSTOCK franchise to alter the
parameters.
So what happens, Richard pays his 1.90 to watch the price
change to 1.75! Well Richard gets a load of stick, at which
point David reckons it's a great time to get his round in.
I'll have 5 Tetleys now and 5 Futures please. The info on
the screen is that the local Harrogate Cricket team has
won so prices are being kept at a special price for the
evening, in order to celebrate.
And so the evening continues...
As you can see from the picture painted here what is really
happening is that the rate at which everyone is drinking
is being speeded up. Because everyone is looking to the
screens the whole time checking on the prices, they're buying
in rounds before people are ready, effectively forcing them
to drink faster, aswell as buying drinks that perhaps they
normally wouldn't ever consider.
BarSTOCK focusses people on what they're drinking. It becomes
their reason for being there, their topic of conversation,
the catalyst for their humour and fun.
Here's another scenario. You have a bar where prices drift
lower as more is drunk (bars in Germany are running it both
ways). In walks the same group determined to push the price
of Carling down through the evening by aggressively buying
that 1 brand.
It's at £2.20. They buy some, it comes down. They buy some
more. Now it's £2.05, now it's £1.95. So there they are
buying the hell out of Carling when all of a sudden a rival
group starts pushing at the Tetleys. In this particular
bar they know that there are volume triggers and if you
buy enough of a single brand, you can make it crash for
ten minutes.
The new group is trying to push Tetleys down, and starts
to succeed. Tetleys starts to move down in price, going
from £2.30 to £1.90 causing Carling to move back up to £2.05!
So the first group says bugger this and buys 10 futures.
All of a sudden the volume trigger fires, ( say 100 pints
have been sold in a 15 min session, lights are flashing
sirens wailing) Carling Black Label is down to £1.60 for
10 mins, The Bar goes wild, everyone's trying to buy Carling,
but of course, not everyone can get in in 10 mins and the
price resets to £2.20. During that 10 mins, nobody's bought
any Tetley so that's started to drift up a bit now and it's
£2.20 a pint again, and so the game goes on.
Of course there might be 50 of these groups in there. Maybe
2 or 3 of them club together. It's just malarkey everywhere,
and everywhere people are focussed on one thing...the drink.
And in the morning what's left? Patrick wakes up with an
almighty hangover, puts his jeans on and finds he's got
5 Tetley Futures in his back pocket. So he calls up Joe
and they have a right laugh coz he's got a couple of Carlings
in his trousers and Sid's crashed out on his floor with
3 of the 8 Tequilas he swore he could drink "easily",
still in his hand....and what do they do? All meet up of
course, down you're pub for a hair of the dog, prepaid and
just the thing to set them up for another day of "leisurely"
drinking.
BarSTOCK has succeeded in not only attracting the punters
in in the first place, but in getting them to buy more drink
than usual therefore getting them more 'tipsy' which in
turn makes them more generous and further inclined to buy
more drink, and then on top of all that once they've gone
home from their cracking night of fun it's brought them
straight back in the next day to start all over again!
The Futures concept is another great barSTOCK innovation.
One way of running it is that you have the opportunity to
buy 1 future for every drink that you buy when you're buying
it at a trading price (ie not at a Crash Price).
People can't resist a deal and when it's made so easily
available they think "sod it, I was going to go home
for tea but look at that, Bass at £1.85 now that doesn't
happen everyday".
Maybe they buy a round for their mates and a round of futures
for next time they come in. So Dave says to Richy the next
day "let's go out for a swifty at the Wigglers Shadow",
"naw", says Rich, "I'll meet you at the barSTOCK,
first drinks on me"
Not only do people feel they're getting a great deal but
they're also being given the opportunity to feel more generous
and getting a great feeling of wellbeing from being at your
pub. They might be walking around with a couple of Futures
in their wallet, meet a mate who says let's have a pint.
Sorry John, no time mate but here, have one on me. Gives
John a Future so John has to come to your bar and, let's
face it, who ever has just one drink?!? Plus now John knows
about barSTOCK, the Logo is all over his future token, maybe
he buys a couple to keep in his wallet for when he bumps
into someone he owes, or just for a little treat for himself
when he's feeling a thirst. They're like saving stamps for
drinkers!
Another great advantage of the Futures is of course that
your getting the money up front. You might have cash for
2, 3, 400 drinks in your tills and not have had to serve
one of them!
So people will come back to finish them off from the night
before, give them to their mates spreading the word, save
them up and take a whole gang out for a session....or....
lose them in the washing machine..... whichever way you
look at it barSTOCK wins everytime.
A chain of barSTOCK pubs would allow trading of futures
across any of their counters. People in Cardiff could buy
their mates in Newcastle a drink for their birthday, or
send their old man back in Dublin a couple of pints of Guiness
for Christmas.
The possibilities are endless and the facts are plain.
BarSTOCK gets people in and gets people drinking. We've
proved it in Germany where venues are reporting increases
in turnover of 30%, profits up, busy busy bars. Several
establishments that have taken on the system have opened
up new bars and discos and installed barSTOCK from the off.
Several of them run whole theme nights around the concept,
a "Wall Street Party", "barSTOCK Night".
One venue has even called itself "Dow Jones".
It is Tried,
Tested and Proven! BarSTOCK works and it's as simple as
that!