How much should you be charging for a Sail Tent?

Employ this report as a means to measure your performance in comparison to industry benchmarks. Pricing strategy plays a crucial role in boosting sales and profits without the need for excessive marketing expenses or significant price cuts that might negatively impact profit margins. It provides an avenue for business growth without sacrificing profitability.

Sail Tent

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Tent Average SQM Price
SQM £ SQM $USD SQM $AUD SQM $NZD
Sail Tent, 9m £19.75 $24.43 $37.41 $40.15
Sail Tent, 10m £18.89 $23.36 $35.78 $38.40
Sail Tent, 12m £14.86 $18.38 $28.15 $30.21
Sail Tent, 14m £12.06 $14.92 $22.84 $24.52

All data provided and analysed anonymously. Accuracy was increased by filtering anomalies and using data from a wide-cross section of companies. Prices are in GBP and then converted into the equivalent currency.

What to do with this information. 

Instead of comparing prices, quote for quote, analyse your pricing with competitors in terms of value and positioning.

If you offer unique value, you can set higher prices. If your tents/products/services are similar to the rest of the market, adjust your pricing to stay competitive.

Remember, pricing is only part of a larger strategy. To justify higher prices, focus on why your business is better.

This could be the quality of rental products, positioning, branding, marketing, proven track record, exceptional customer service or other additional benefits. 

Although pricing & revenue is important, profitability is crucial for success and sustainability. Efficient operations and cost management are important for long-term goals.

Marquee Tech offers features to increase revenue and improve profit margins.

Here are just a few:

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Painless ways to increase revenue and profit margins

Online rental shop

Included in your subscription at no extra cost, our online quote builder is a valuable feature. It's an optional tool that allows your clients to create their own quotes directly from your website.

The online quote builder seamlessly integrates with your inventory, allowing you to showcase various tent types, categories, descriptions, images, FAQs, and more.

Once a customer builds their quote, they can submit an inquiry with their contact and event details. As the online shop is connected to your back office, all inquiries, customer information, and event specifics are automatically added to your system.

In the event of any stock availability issues, you'll receive prompt notifications, enabling you to make necessary adjustments, reach out to the customer, or generate an invoice as needed.

Interactive live quotes

With digital interactive quotes, you can effortlessly update hire items while on the phone or on-site with customers. This capability allows you to provide an incredibly personalised service by adjusting the quote in real-time based on their budget, theme, and specific needs.

The ability to sell in real-time not only speeds up the sales cycle but also greatly enhances the customer experience. Gain a competitive edge by avoiding the lengthy delays of hours or days to make updates; instead, make changes with customers and witness first-hand how quickly you win new bookings.

Revenue & profit reports

The automated revenue and profit reports will help you identify the types and sizes of events that are most profitable. With this data, you can quickly filter through the low-value enquiries and focus your efforts on the profitable leads.

Making sure every job is profitable

Industry costs are rising. Labour, materials, fuel, and accommodation prices have gone through the roof. Many rental companies neglect to factor these costs into their prices and all too often undervalue their products and services. Without knowing the cost of every job companies risk making great revenue, but little profit.

Our cost and profit tool calculates the job costs on every quote based on staff, fuel, sub-rental items and other job related costs. Now you can ensure quotes are profitable before they are sent.

Increase the value of every booking

Drive revenue growth whilst maintaining a positive (non-salesy) customer experience with Marquee Tech's up-selling features. The up-selling tool subtly encourages customers to add-on extra items to their quotes.

This increases the revenue and profitability on every job and helps provides personal service by including extras that could be perfect for your customer's event.

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