Turf Club

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 1

Revenue streams

Membership Fees Admission Charges: Betting Minimums

Many turf clubs charge a Turf clubs may also charge Betting is a significant source
one-time or annual admission fees for of revenue for many turf
membership fee that gives non-members or guests. The clubs. To encourage betting
members access to the club's admission charges can vary and generate revenue, many
facilities and services. The based on the day of the clubs require a minimum bet
membership fees can vary week, time of the day, and amount for each race. The
widely depending on the the type of event being minimum bet amount can
club's location, facilities, and hosted at the club. For range from Rs. 10 to Rs. 100
target market. For example, a example, a turf club may or more, depending on the
mid-range turf club located in charge Rs. 500 to Rs. 1,000 club's target market and the
a smaller city may charge an per person for regular race betting options available
annual membership fee of days, while special events or
Rs. 10,000 to Rs. 20,000, holidays may warrant higher
while a high-end turf club in a admission charges.
prime location in a major city
may charge upwards of Rs.
50,000 or more.

April - May - June July - August - Sept Oct - Nov - Dec


2023 2023 2023

Forecast revenue INR 3000-4000 INR 8000-12000 INR 25000

Forecast costs INR 12000 INR 55000 INR 75000

Go to Market strategy Developing a Expand our customer Launch a new


marketing plan and base through product or service to
strategies to attract advertising diversify our revenue
more customers to campaigns and streams.
our turf club. partnerships with Increase our online
Invest in customer other businesses in presence through
experience the community. social media and
improvements, such Offer seasonal website optimization.
as upgrading facilities promotions or events Expand our turf club's
or offering new to increase foot reach by partnering
services. traffic. with other clubs or
Implement a loyalty Develop new revenue associations in the
program to retain streams, such as industry.
existing customers hosting events or
and attract new ones. offering training
programs.

You might also like