How does the scanner help me generate revenue?
There are multiple avenues for generating revenue.
Multiple avenues for generating revenue exist with our system. Beyond the option of charging $30 to $50 per scan during point-of-sale interactions, you can also integrate challenges into your revenue strategy, allowing you to potentially charge participants up to $99 per entry. Our data indicates that, on average, each gym conducts around 50 scans per month. For instance, if a gym opts for a $30 scan fee, this would result in a monthly revenue of $1500. Alternatively, considering our financial model at approximately $400 a month, gyms adopting this model would achieve positive cash flow through the incorporation of an Evolt scanner into their business.