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shark tank 3.8.13

Discussion in 'Now Playing - TV Show Talk' started by newsposter, Mar 11, 2013.

  1. DancnDude

    DancnDude Thrice as nice TCF Club

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    I think it was $12-$20 depending on the market the party was in. Different prices based on the location.
     
  2. mattack

    mattack Active Member

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    I thought it was like $15. I don't have kids, but that sounds like a lot for a kid outing.. Was this a really special very rare thing? Not sure..
     
  3. Ment

    Ment Active Member

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    Buts thats for everything including drinks/snacks, optional cash bar for the adults. They said its the same price bracket as going out for a movie. I could see it as a once a month thing for alot of parents. Seems to be highly cost intensive tho, thus the need for advertising support as the main profit generator.
     
  4. Turtleboy

    Turtleboy Well-Known Member TCF Club

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    $15 for a night out with the kids is a very expensive rare thing?

    Really?
     
  5. Hank

    Hank AC•FTW

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    I'm not sure I get the "once a month" thing. Unless you have 12 or more kids, it's only going to be once or twice per year.

    Or do you all think the party attendee kids all pay their own fee to get in? That's not how it works, the parents of the party kid pay the entire fee. So it's $15 times the number of kids. Say it's 50 kids, that's only $750 (probably plus food an drinks). Seems pretty reasonable for a BD party.
     
  6. Grasshopper AZ

    Grasshopper AZ Active Member

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    I think this is where they did a poor job of selling the business. I didn't get that it was for "Birthday Parties" specificaly. I thought they came into town and promoted a giant "Rave" for kids. That is why they had sponsers. The sponser could target a large group of kids at one whack.
     
  7. pmyers

    pmyers Active Member

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    That's what I got out of it too. This was for VERY large groups of people.

    And $15 for a kid to do anything, is CHEAP.
     
  8. Hank

    Hank AC•FTW

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    You're right they didn't do a good job of explaining it at all. You can still have sponsors of the business regardless of it's one huge event or for lots of little events. It makes more sense to me to have a business that runs lots of little birthday parties at these venues.. have one or two booked each week. If it's one huge event once a month or less, that is not a good business. And if that's what it is, I'm not surprised the sharks totally dumped on it, because that's a bad idea.
     
  9. Grasshopper AZ

    Grasshopper AZ Active Member

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    Thats the thing. I don't think they have a venue but instead rent a venue when their travleing little "rave" comes to town. If they had permenant venues then I agree that 3-4 little birthday parties a day on the weekends and a couple of them a day during the week would be a good business. The way I understood the business was that they hit a town, rent a space and throw the party with 100-300 kids and there parents and then move onto the next town.

    Either way, 15-20 per head is not a bad price when it comes to kids parties.
     
  10. Hank

    Hank AC•FTW

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    Yeah, I know they rent the venues during the day, but that doesn't really matter. They could just have a standing agreement with a local venue and DJ staff to host small or large parties. It's a great use of otherwise empty/dead club space during the day.

    If it's like you say, they swing into town for a huge blowout smash, that's a really bad idea.
     
  11. Hank

    Hank AC•FTW

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    I just re-watched part of it, and it is one huge party they throw in each town.

    The price is $15-$20 per kid (or as they say 'a movie and popcorn')

    I can see why they don't make any money.
     
  12. Jebberwocky!

    Jebberwocky! Guest

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    I don't see how they can't make money factoring in the sponsorship
     
  13. Ment

    Ment Active Member

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    They do make the profit from the sponsors, the tickets/gate covers the expenses, but the sharks didn't like that business model.
     
  14. Jebberwocky!

    Jebberwocky! Guest

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    The sharks didn't understand the model IMO, instead of calling it sponsorship revenue they should have called it advertising revenue.
     
  15. Ment

    Ment Active Member

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    No they understood it, they just think its an unreliable revenue stream. One of them commented why do you need a shark just get more sponsors.
     
  16. Jebberwocky!

    Jebberwocky! Guest

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    I disagree, and I'll leave it at that :0
     
  17. DancnDude

    DancnDude Thrice as nice TCF Club

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    Madison, WI
    I think the sharks mostly didn't trust them because they kept saying it was very easy to get sponsors. But if it were, why didn't they have more and why did they need a shark to begin with? And if the sponsor goes away then they're stuck with a losing proposition.
     
  18. mattack

    mattack Active Member

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    *PER KID*.. yes.
     
  19. newsposter

    newsposter Poster of News

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    i wonder what the real cost is of getting rid of the 'adult' cooties in those nightclubs before the kids come...they cant really mean 'top down' cleaning


    i agree that you cant put a price on a kids happiness..if you dont have the 15 just clean you own shirts that month and save :)
     
  20. Squeak

    Squeak An Inert Gas

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    Not expensive at all.

    I will pay $15 per kid to go let them jump on a trampoline at SkyZone for an hour.
     

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