Greg Caprara | Business Development
Reading Time: 1 minutes
Concession sales are a significant revenue stream for athletic programs, but managing cash transactions can be cumbersome and prone to errors. Mobile payment solutions offer a modern alternative that can transform concession sales, making them more efficient, secure, and profitable.
Mobile payment solutions allow fans to make purchases using their smartphones, eliminating the need for cash and reducing the risk of theft. These systems are fast and convenient, enabling fans to quickly buy food, drinks, and merchandise without missing any of the action.
For athletic directors, mobile payment solutions provide valuable insights into sales data. They can track which items are selling the most, identify peak sales times, and adjust inventory and staffing accordingly. This data-driven approach can lead to more efficient operations and increased revenue.
Additionally, mobile payment solutions can enhance the fan experience by offering features such as pre-ordering and express pickup. Fans can place their orders in advance and pick them up at designated times, reducing wait times and improving satisfaction.
Implementing mobile payment solutions also demonstrates a commitment to innovation and modernization, which can enhance the reputation of the athletic program. By adopting these technologies, athletic directors can streamline concession sales, improve financial transparency, and boost revenue.
Learn more about i3’s solution by visiting www.i3verticals.com/concessions
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