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Discover how to enhance your retail environment to drive significant sales increases. Jeff Sinacori, Vice President of Retail Development at Scientific Games, shares insights and results from recent sales data. Over $51,863 in sales was achieved with a remarkable 59% increase in Week 25, outperforming state averages by 16.82%. Furthermore, the retail sector accounted for 88% of prize redemptions, indicating the potential for exponential growth given the $36.1 billion in instant sales in 2013. Learn effective strategies to maximize your profits in retail.
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Optimize Your Profits Build an Environment not just a Store Jeff Sinacori Scientific Games Vice President, Retail Development
28.59% Sales Increase – Week 25 (16.82% over State Increase) Average Weekly Increase of $2,860
32.79% Sales Increase – Week 5 (19.57% over State increase)
The Churn $$$$ at retail locations • Of the 67% of prize payout, 88% of all dollar value of prizes are redeemable at retail locations (for example, $88 out of $100 worth of winners) • 2013 Instant Sales were over $ 36.1 Billion • 67% of Instant Prizes $ 24.3 Billion in total prizes • Of this dollar value 88% $ 21.4 Billion is redeemed at retail – • 99.8% of all prizes won are redeemable at retail locations (for example, 99 out of 100 winning tickets) can be redeemed at retail locations
Thank you Jeff Sinacori | Vice President, Retail Development 347-515-1995 | jeff.sinacori@scientificgames.com