Are we getting better at sharing?
TouchTunes has noticed that UK operators are now favouring its 18% revenue sharing option on new purchases of its top of the range digital jukeboxes.
“Initially, the UK sector was not so keen on revenue share,” says Soundnet TouchTunes Toby Hoyte. “I think customers were concerned that a percentage deal meant ‘sharing’ data on income and that 18% of cashbox could end up being more than a fixed monthly fee if revenues were high.”
However, post-lockdowns, operators are feeling that a percentage revenue share means less risk and are easier to manage. “It’s taken some time but many customers nowalso have the view that they only pay a fair share of whatever the juke takes”..
The TouchTunes 18% is simple – we charge 18% of whatever the juke takes in a month. For example if it takes £100 then we charge £18. Or if the juke takes £325 a month then we charge £58.
“I think the pandemic has changed the way people think about the 18% revenue sharing on TT,” adds Toby. “Those who have turned to it are now convinced it’s the way forward. It can free up revenue spent on monthly fees to invest in more new equipment for example. Then whatever happens – the operator will not be out of pocket.”
The TouchTunes Angelina is the highest-earning digital jukebox in the UK at the moment and it has never been more affordable to invest in one. “We are being incredibly flexible in terms of finance and options for either the 18% revenue share or a monthly subscription,” says Toby. “It’s in all of our interests to stimulate the market and get top quality equipment on site. We have shared the tough times recently, let’s share the good times too.”
To find out more about the Angelina from TouchTunes and the 18% revenue share option, plus the flexible finance deals, contact Toby on 07970 229124
Tagged in: Industry News Soundnet Products