Hey Phil, I've gone over the details for both the all day and period partnerships. I also have some numbers for the period partnership for you as well.
Our period partnerships have had some of the following numbers: $258, $181, $218, $264, $382, $263, $154, $298. These are based off of our past focus of organizations just coming to us and running the partnerships themselves. However, Geoff (Our GM) is having us take a more active hand in helping to make these events successful to improve both the donations going out and our return-on-investment coming in. So in theory your range should be on the higher end or more.
As for details on how they work, there are two ways. The first is the period partnership, which usually takes place over the course of about 3 hours. Any sales above the average expected sales for that day during that time are calculated out in the percentage that goes to you. This is better for a focused event, which I think your bike event might be.
The second method, the all-day event, has a slightly greater potential, but is much more difficult to execute. This event is promotions-driven, meaning that together we would design a flyer to represent your event/organization, and then have those made. Those flyers would then be brought in by guests. 10% sales from guests who bring in a flyer would be calculated. For every guest after the 100th, that perecentage increases to 15%, and after 200, 20%. As a result, this can be more lucrative, but requires a lot more effort to execute successfully. We haven't, to my knowledge, done an all-day partnership at this restaurant, so I don't have any numbers as examples for it. I think that for our purposes, this may not be what we're looking for at this time.
So that's a basic idea of how the partnerships function. If you have any more questions, I'd be happy to go into more depth with you.
While we're on that topic, however, I do have a question for your group: We're looking to make our restaurant more and more bicycle friendly. Traffic analysis says that we have more than a 1000 bike commuters coming by our corner every day, and we'd like to make this a convenient and comfortable place for them to grab a snack. So, what would you, as a bike commuter, like to see to make our location more attractive to you? To clarify, go wild here with your ideas, even if you think they're pipe dreams. We can respond in creative and dynamic ways to make things happen, but we need a perspective that fits the folk we're aiming for.
Thanks, and I'll see you guys in a few weeks!
-Sam
You’ve been invited to “Bike Meeting”
location 32 when Tuesday, July 3, 2012, 3:00 PM - 4:00 PM from Sam Hediger reply invitees harmony...@gmail.com , Halley and you. See replies...
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I am planning on being there. Have to be at work by 4pm