On revenue growth, the Harvard Business Review mentions that a lot of companies treat cost cutting as a skill - something that senior managers are competent on doing. However, if executives are asked to boost growth, they are left stunned. Total revenue tells a story about the business growth, but not the how. In this fast-paced and technology-driven age, family entertainment centers and other companies should unlearn cost cutting as the answer to revenue growth.
What do we mean when we say "FEC of the Future?" A family entertainment center of the future has the following tech-driven qualities: A revolutionized consumer journey A redefined revenue landscape A wider demographic Embracing emerging technology is necessary to achieve these. But before you can reshape the way your guests engage with your business and create tech-based revenue streams, you need to transform your operations and bring them to the next level.
The future is digital – even for brick-and-mortar businesses in the entertainment and amusement industry. It’s smart, automated, and high-tech. Today, we are getting first-hand experience on the benefits of rising technology. Light bulbs, refrigerators, security cameras – you name it – almost everything can now be controlled easily from a mobile phone. Since this is the case, consumers demand the same level of quality, convenience, and interactions from family entertainment centers.
Technology has shown a significant increase in consumer usage and demand as accelerated by the pandemic. Contactless and low-touch ways of payment and transactions saw a rise. Mastercard even reported a 40% jump on contactless payments as users do due diligence to mitigate risks.
Amusement Expo 2020 – we were all on top of the world. And then we got on the plane to go home and immediately the world shut down due to the coronavirus pandemic. As the market begins to reopen after our industry's most challenging year on record, we couldn’t be MORE EXCITED to celebrate the return to Amusement Expo 2021 in Las Vegas.
The modern business has become a data-driven environment. Data has changed drastically in the last few years due to advances in technology, in this case family entertainment center technology, that has increased the amount of data there is to collect whilst also enhancing the ability to collect it. Smartphones are a great example of this, giving business all different types of information such as search history, locations, and personal data among other stuff too.
Nowadays, organic products appear in all facets of life, from the food we eat to the clothes we wear, and even the cars we drive. Since COVID-19, the topic of health and sanitation has gained popularity - as has green cleaning. On the surface, green cleaning makes a lot of sense; you’re using products that do not contain harmful chemicals that could damage our eyes, skin, and lungs. But, when we hear the words “organic” or “green,” many of us have an immediate gut reaction: healthier but unaffordable compared to standard products. (who could forget when the mainstream referred to Whole Foods as "Whole Paycheck"). While society promotes a healthy lifestyle, a significant roadblock is the sharp price increase that comes with it. There is no arguing that there is a correlation between organic products and price increase; the issue comes down to whether money saved outweighs the real cost in the long-term. What if the benefits of green cleaning could save you money in the end? Would these potential savings in other aspects of life justify the price increase of buying organic products? Below are a few reasons that prove why making the switch to green cleaning products is worth it in the long run. It's a matter of life and death. Organic Cleaners Last Longer – Organic cleaners have higher concentration levels requiring less solution for each use. Using less, a bottle that is the same size as a standard cleaner can last 2-3x as long, making the cost per use less expensive than the mainstream toxic competitors. Organic Products Help Belongings Last Longer – Conventional cleaning products are laced with toxic and harmful chemicals that cause your equipment and products to deteriorate faster than using natural, green products. Organic Cleaners Can Prevent Costs Associated with Standard Cleaning – Conventional cleaners can pose severe health and safety risks to workers. There are an estimated 40 to 60 chemical injuries per year for every 1,000 workers; most are chemical burns to the eyes and skin and damage to the respiratory system. Nationally, these injuries cost about $25 million per year in workers’ compensation and lost time. (Barron and Sutherland, Ibid, pp 6-7). Switching to organic cleaners are a way to ensure that your staff and customers are not at risk. Overall Long Term Health Risks of Ongoing Exposure – Conventional cleaning products are are well known for their ability to get the dirty jobs done, but their version of clean comes with a high health cost. 97% of the USA population has Shout, Lysol, Windex, Clorox, Tide, and Pledge in their homes (according to the Environmental Working Group). If you study the ingredients list in these products, the ingredients are not transparent, they hide the true toxic ingredients under "secret patented cleaning formulas," that penetrate the body via breath and skin and impact the endocrine system (the endocrine system is the collection of glands that produce hormones that regulate metabolism, growth and development, tissue function, sexual function, reproduction, sleep, and mood, among many other things.) and the impact of these toxic ingredients form "endocrine disruptors" that can lead to a long list of health issues, including autoimmune disorders. Autoimmune diseases and disorders cannot be cured, but they can be treated with a lifetime of medication. Living your life managing a chronic disorder seems like a very high price. While the price tag may appear to be a higher upfront cost than the competition, there are many serious reasons that compels making the switch to green cleaners as more cost-effective in the long run (including quality of life, can anyone put a price tag on that?). These products are safer to use and made with sustainable materials, but they can also prevent costs accrued from medical bills, higher medical premiums, replacing equipment and paying injured workers. At Embed, we offer a green cleaning solution - 100% natural and non-toxic. The Embed Hygiene Defence range consists of Floor and Surface Cleaners, and the Airborne Defence System (which purifies the air), are more effective and longer-lasting than industrial cleaners without the toxic health risks. It kills 99.9% wide spectrum of pathogens including bacteria, fungi, and mold. Experience the Embed Hygiene Defence difference in your home and business today!
Whether it’s your home, car, or workplace, you use cleaners every day to make your environment and surroundings safe and non-hazardous. The cleaning products you use make the difference between a safe and sanitary environment or a blackhole of harmful invisible chemicals. Manufacturers use fragrances to mask the harsh smell of chemicals in most cleaning products and distract you from the health risks associated with inhaling and absorbing the chemicals they are made from. One of the most common chemicals used when making fragrances is phthalates, which make scents remain for a longer period. Though manufacturers aren’t required to specifically list phthalates on the label, any product with a fragrance like “tropical breeze” or “floral mist” (especially if advertised as “long-lasting”) will almost always include phthalates. Excessive exposure to phthalates has been linked to various health and neurological conditions, including asthma, ADHD, breast cancer, endocrine disruption, neurodevelopmental issues, behavioral issues, autism spectrum disorders, altered reproductive development, and male fertility issues. You can significantly reduce your exposure to phthalates by choosing fragrance-free or all-natural organic cleaners whenever possible. At Embed, we offer an alternative. Embed Hygiene Defence products are stronger than harsh industrial cleaners without the toxicity, killing 99.9% wide spectrum pathogens, including COVID-19 on contact, airborne bacteria, viruses, fungi spores and more... it purifies the air! In addition, Embed Hygiene Defence products are environmentally friendly, being free of parabens, phthalates, triclosan, 1,4 dioxane, formaldehyde, chlorine bleach, SLS (sodium lauryl sulphates), or SLES, phosphates, synthetic dyes, synthetic fragrances, harsh solvents, VOCs.
We’ve distilled key insights Family Entertainment 2.0, Getting to the Other Side to help you rewrite your history with a better, stronger business operation for the consumer who awaits.