A Visual Business Training Aid To Assist Managers to Combat Discounting.
This physical board game is designed to provide all staff with a very visual understanding of some very important financial business aspects.
It does so by using a board game, something we have all played in the past.
Yes, we could re-create this learning instrument as an interactive computer game, however, much of the learning magic comes from getting the participants to physically add and remove the coins so as to simulate the effects of buying and selling a product, meeting business overhead expenses and making a profit.
This is the perfect tool where there is an obvious problem with discounting and there is a high need to be able to train the staff on the dangers and perils of discounting. It consists of 1 board game together with extremely detailed training instructions.
After using this instrument, managers and their staff will:
·Have undertaken training dealing with the various cost structures within business. In particular, the staff will understand just how small the profitability component is.
·Have undertaken training to demonstrate the damage caused by discounting.
·Have undertaken training to demonstrate the value of increasing prices and in particular, protecting margins.
·Generally have a much better appreciation for costs and the need to always try to sell at full price and not simply discount.
The major benefit of this program is the increase of sales, profits and cash because staff no longer discount as much as they did. They now understand how the 100 cents of every sales dollar is made up.
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