5 Business Tips We Can Learn From Casinos

In this age of austerity it can feel like we are all struggling to keep our heads above water; with businesses working harder than ever, knowing how we can change our plans to fit in with this new age can be extremely confusing. There is one market however, that has adapted and grown within a turbulent world – the Casino. Yes, the bright lights and utter decadence has seemingly outlived the financial downturn in ways that make it appear to have been untouched. The question is; how have they managed this feat? The answer is simple, they have looked, listened and learned from their consumers and adapted accordingly.

Here are 5 ways that your business can learn from the ways in which casinos are run.

1. It’s all about the up-sell

Whether you are visiting a real life casino, or a player joining in online, casino’s value the up-sell almost as much as their product. Once you step foot through the door of a casino, it is going to be very difficult for you to leave because they simply don’t want you to. In physical casino’s, you will notice that when you win you are encouraged to spend your money on drinks, food and more game play. Constantly up-selling their offerings in such a way that you won’t even know they are doing it. If you are playing at an online casino you will notice that there is no difference AT ALL. Once you have finished your favourite game, you will notice deals for extra levels or spins, bonus time features and recommendations of other games you may enjoy. These are purposely placed to keep you with them – clever indeed. To learn more and witness this for yourself why not visit http://www.intertopscasino.com/ and join in the fun!

2. Sensory Overload

Casino’s are well known for their bright lights, colorful characters, and enticing surroundings. You may believe that this is just a coincidence, but believe me, it’s not. It’s a very clever way of engaging all their customer’s senses to help them enjoy their experience and spend money – which is the founding point of business. Again, this is also replicated across online casinos with the use of graphics, animations, sounds, and real feel gaming. have a look at your business and see if adding in certain aspects of the senses, could help with your growth.

3. Constantly encourage repeat business

Ok, so this does depend upon the type of business you own, but the majority of businesses all need/want repeat business to keep the company ticking over. Repeat business is exactly what casinos do to the max and not only do they do it well, the customers won’t even realize it’s happening. To keep their customers flowing back casinos use a variety of marketing tactics to keep their guests entertained whilst they are there and get them to return. This is often accomplished through email marketing, where software tools similar to email finder are used to find prospects, and their marketing messages are sent out to a large number of people. As a matter of fact, social networking is also a crucial component of their outreach campaigns. Through these mediums, they keep offering their customers promotions after promotions and discounts for their next visit. It can also be incorporated in different ways, including traditional marketing techniques. For example, releasing fortnightly or monthly newsletters (find more info on getting them printed at https://www.printivity.com/landing/booklets) to your customers with the latest industry insights and promotions on offer could be a great way to keep them interested in your company as they are being informed as well as offered discounts on the latest products.

5. Create a smooth customer experience

One valuable business lesson that can be gleaned from casinos is the importance of creating a smooth and seamless customer experience. Just as casinos prioritize customer satisfaction to keep patrons engaged and returning, businesses across various industries can enhance their customer experience through strategic measures. For example, implementing technology such as an Electronic Point of Sale (EPOS) system, particularly tailored for hospitality services, can significantly contribute to a streamlined experience. An EPOS or Till system for cafe, restaurant, or a similar business not only expedites the ordering and payment process but also ensures accuracy and efficiency in fulfilling customer requests. Much like how casinos prioritize the flow of activities to provide an enjoyable and hassle-free environment, businesses can leverage technology and operational strategies to create a positive and memorable experience for their customers, fostering loyalty and sustained success.

4. Always remember the end goal

The end goal of any casino is to keep its guests at the machines, bars, and restaurants. This is completed using the up-selling we have described and some really fun psychological tricks. You will notice that in real-life casino’s there are no clocks – this is not just a decorating choice, this is to stop their customers from knowing how long they have been playing. This gives the casino more time to entice you to play new games and also eat during your visit – time simply doesn’t exist. This is a great trick that you can employ. When you are meeting clients it is worth removing all clocks from meeting rooms and having a coffee halfway through the meeting – thus keeping them there for longer!

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