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» Film-Tech Forum ARCHIVE   » Operations   » Ground Level   » Cinemas - "not including tax." (Page 3)

 
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Author Topic: Cinemas - "not including tax."
Monte L Fullmer
Film God

Posts: 8367
From: Nampa, Idaho, USA
Registered: Nov 2004


 - posted 09-12-2015 04:28 PM      Profile for Monte L Fullmer   Email Monte L Fullmer   Send New Private Message       Edit/Delete Post 
quote: Jim Cassedy
I think it all comes down to "knowing your market" and your customers.
True, it's about the market.

Over here, more senior citizens loves their plastic being so much easier to handle than fiddling with the cash.

Our matinees are mainly the senior citizen group that attend and on a breakdown of attendance against total amount and cash in the drawer, we're well over 60% on card sales.

We can have insane per caps during the week and very good per caps for the weekends.

-Monte

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Martin Brooks
Jedi Master Film Handler

Posts: 900
From: Forest Hills, NY, USA
Registered: May 2002


 - posted 10-03-2015 11:30 PM      Profile for Martin Brooks   Author's Homepage   Email Martin Brooks   Send New Private Message       Edit/Delete Post 
Note that with the new credit card readers for credit cards that have chips, the transactions actually take longer because instead of swiping, you have to leave the credit card in the reader until the transaction is complete.

It will also be even slower until people get used to using them.

Those new credit card readers are now required by the credit card companies. If you don't use them, you could be responsible for any fraud. I think that was effective as of 10/1.

There has been extensive research that shows (at least in the U.S.) that people spend more across the board when they use a credit (or even a debit) card. There's also been some initial research that claims the faster the transaction time, the more people are willing to spend. Apparently, people using smartphones to pay are spending more than those with credit cards. I guess psychologically, it doesn't feel like one is spending money when you can just pass the phone or some other NFC device in front.

It's true that some older people have trouble with ATMs and the like, although I find this astonishing considering that ATMs have been around since about 1973. In my apartment building, they put smart card readers on the washing machines and dryers. It's very simple - you just stick the card in and press the Start button, but many of the very elderly people freaked out - there were even training sessions. They were concerned I wasn't going - I said, "it's not rocket science. Just stick the card in and press the button." Most of these people still drive - that scares me.

I'm really surprised that you have cash registers that don't calculate the change. I haven't seen a cashier not use that function in many years - I think the retailers make them use it even on simple transactions. Most cashiers cannot do basic arithmetic and don't know how to "count up". If for example, the transaction is $20.57 and I give them $21.07, I always get funny looks until they run it and see that they have to give me 50 cents back. (Except in the Korean market - they know how to make change.)

In a movie theater, I usually skip the cashier and go right to the machine if there's no up-charge.

In NYC, every theatre I've been to still advertises the price including tax. I think most do that for concessions as well.

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Pravin Ratnam
Jedi Master Film Handler

Posts: 844
From: Atlanta, GA,USA
Registered: Sep 2002


 - posted 10-07-2015 03:33 PM      Profile for Pravin Ratnam   Email Pravin Ratnam   Send New Private Message       Edit/Delete Post 
I went to a Regal theater yesterday. Two dollar popcorn night. I handed them two dollars. They said it would be 14 cent tax. I took my two dollars back and gave them a credit card. I am not taking 86 cents back in change to put in my wallet.

This change in making tax separate for the Regals must have been in recent months as I do not remember doing this for a long time.

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Mike Blakesley
Film God

Posts: 12767
From: Forsyth, Montana
Registered: Jun 99


 - posted 10-07-2015 05:40 PM      Profile for Mike Blakesley   Author's Homepage   Email Mike Blakesley   Send New Private Message       Edit/Delete Post 
quote: Martin Brooks
I'm really surprised that you have cash registers that don't calculate the change. I haven't seen a cashier not use that function in many years - I think the retailers make them use it even on simple transactions. Most cashiers cannot do basic arithmetic and don't know how to "count up"
They CAN do basic arithmetic, they just have to be taught how to do it. We have the "change" function on our POS system but we don't include that in our training at all -- we make them count the change back. (Whether they all do it 100% of the time I can't say, but it's a "must do" in our employee manual.)

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Mike Frese
Master Film Handler

Posts: 465
From: Holts Summit, MO
Registered: Jun 2007


 - posted 10-12-2015 07:15 PM      Profile for Mike Frese   Author's Homepage   Email Mike Frese   Send New Private Message       Edit/Delete Post 
You should be taking credit cards for the reasons already mentioned.

I know of many people including myself who avoid cash only businesses even it you have an ATM in the lobby.

It is costing you money not accepting them.

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Monte L Fullmer
Film God

Posts: 8367
From: Nampa, Idaho, USA
Registered: Nov 2004


 - posted 10-13-2015 04:32 AM      Profile for Monte L Fullmer   Email Monte L Fullmer   Send New Private Message       Edit/Delete Post 
The hidden sting on credit card acceptance is the fees charged..something like 2.5 to 3.5 percent for each credit transaction, whereas the debit card charge is like 50 cents.

AmEx is horrible at this - like almost 9 percent that AmEx charges.

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Mike Blakesley
Film God

Posts: 12767
From: Forsyth, Montana
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 - posted 10-13-2015 07:57 PM      Profile for Mike Blakesley   Author's Homepage   Email Mike Blakesley   Send New Private Message       Edit/Delete Post 
If you get in on the NATO/Vantiv deal the charge is less than 2%, I think.

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Andrew Thomas
Master Film Handler

Posts: 273
From: Pearland, TX, USA
Registered: Jun 2012


 - posted 10-18-2015 02:43 PM      Profile for Andrew Thomas   Email Andrew Thomas   Send New Private Message       Edit/Delete Post 
quote: Monte L Fullmer
AmEx is horrible at this - like almost 9 percent that AmEx charges.
Not even close. AMEX is usually in the 3% range. Most expensive is actually Visa Signature.

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David Buckley
Jedi Master Film Handler

Posts: 525
From: Oxford, N. Canterbury, New Zealand
Registered: Aug 2004


 - posted 10-18-2015 07:18 PM      Profile for David Buckley   Author's Homepage   Email David Buckley   Send New Private Message       Edit/Delete Post 
quote: Andrew Thomas
AMEX is usually in the 3% range
The discount rate depends on what the upstream thinks of you and how good you are at negotiating. Or, perhaps more honestly, what you have to negotiate with.

In my opinion, 3% is a tad low for Amex, 9% is unusually high, but neither number is unreasonable.

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Andrew Thomas
Master Film Handler

Posts: 273
From: Pearland, TX, USA
Registered: Jun 2012


 - posted 10-19-2015 02:47 PM      Profile for Andrew Thomas   Email Andrew Thomas   Send New Private Message       Edit/Delete Post 
quote: David Buckley
The discount rate depends on what the upstream thinks of you and how good you are at negotiating. Or, perhaps more honestly, what you have to negotiate with.

In my opinion, 3% is a tad low for Amex, 9% is unusually high, but neither number is unreasonable.

I've never had a merchant services vendor with a total AMEX rate higher than 3.25%. Ever. I own 3 businesses and have previously managed two others. I'm pretty sure the base AMEX rate is around 3.5%, so you can get that without even trying.

Or maybe that is just in the U.S.?

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David Buckley
Jedi Master Film Handler

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From: Oxford, N. Canterbury, New Zealand
Registered: Aug 2004


 - posted 10-19-2015 03:33 PM      Profile for David Buckley   Author's Homepage   Email David Buckley   Send New Private Message       Edit/Delete Post 
quote: Andrew Thomas
Or maybe that is just in the U.S.?
Maybe. I've never worked directly with Amex in the USA, so it is possible they treat Europe and Pacific-ville differently, but I've done online work with US based businesses, albeit online, and they didn't get anything like 3.4%.

Visa and MC rates are pretty universal across the (civilised!) world, so it would be odd why Amex aren't, especially given that Amex are much more international than Visa / MC due to there being less parties in the chain. I've changed countries a few times with Amex ("member since 94"), but I can't do that with Visa/MC!

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