Our team is, as always, excited, prepared, and committed to supporting every one of our franchisees. We are focused on providing the resources, guidance, and service you need to succeed. Your success is our success. As we continue to do our part by showing up every day with dedication and expertise, we ask each of you to do the same by following proven systems, communicating openly, and staying engaged. Together, we can create the consistency, growth, and exceptional customer experiences that strengthen our brand and help us all grow.
Hello All Moneymakers!
On July 1st, we hosted a webinar with franchisees who have demonstrated not only a desire to grow their business, but also the discipline to follow the proven steps necessary to achieve that growth. On this webinar we explored 5 new concepts and strategies to earn more by incorporating new products and developing new markets. Four different franchisees participated giving testimonials and describing their positive experience with each element. I will briefly touch on the 5 topics below and I encourage everyone to contact marketing@acfn-solutions.com immediately to secure your access to your market share.
1. AFS (Automated Financial Solutions) – innovative new concept designed for semi-cashless and cashless properties which includes the following 3 features: cash-to-card conversion, a bill breaker, and a traditional ATM all in one! With this product the location pays guarantees income so success is not dependent exclusively on transaction volume. We have one in the field already and it’s performing marvelously for Patrick out of Florida who owns this unit and shared the following testimonial with us. I’ll also mention that the hotel staff love this product so much that they treat Patrick like a rock star (due to increased gratuities, automating guests’ cash needs, and simplifying their daily operations). They are genuinely appreciative of the innovative financial solution that the AFS delivers.
"To any franchisee who has the opportunity to obtain the AFS Kiosk, I highly recommend it. It serves as a true differentiator for ACFN compared to the competition by providing a complete solution for our customers. Not only is it a great source of revenue, but it also integrates deeply into our customers' operations, securing long-lasting relationships.” – Patrick.
2. Casinos as viable Targets – the most lucrative industry in our portfolio continues to be casinos. The two main reasons why these are so profitable are higher surcharges and greater transaction volume. The surcharges in most casinos range from $6 to $11.99 and the volume ranges between 150 and 2,000. We currently service 56 ATMs across 5 states and there is potential for so much more! Read on for Sal’s testimonial out of Illinois.
"Completing the initial marketing drops then handing the process off to the ACFN marketing team Jim and his team closed not one but two casino locations. Our profitability skyrocketed as a result. We're confident this method will lead to more business in the future". - Sal.
3. Mass transit – These include bus terminals, train stations, light rail or commuter rail stations, subway systems, ferry terminals and transit centers. I’m happy to report we recently had a breakthrough with Amtrak and were successful in placing ATMs at 5 different stations in various parts of the country. Some of these have proven to be extremely lucrative locations. Four of the five stations did not have ATMs and even though the 5th station did, we earned a great placement location and the ATM performs phenomenally. We also have a smattering of bus stations in our network which are each high volume due to all the foot traffic. These types of locations require you to perform a quick site survey and to confirm who the decision maker is. The potential results are well worth this small effort! Sean who is located near Washington DC, provided a quick summary about his experience.
“High-traffic locations with a constant flow of tourists, commuters, and other visitors are a huge opportunity. Our Amtrak station results prove it—one location alone outperformed every other client in my entire portfolio.” – Sean.
4. Cannabis Dispensaries – This is another cash-intensive industry that was off-limits to us for many years due to regulatory requirements. However, that has changed following a recent update to our sponsoring bank relationship, which now allows us to actively pursue opportunities in this highly attractive market. Most states now allow cannabis either recreationally or medicinally and based on current federal regulations, these dispensaries conduct a large percentage of their business in cash. Most existing dispensaries may already have an ATM however our program is superior, and we’ve developed specific marketing materials to present our key differentiators so that we can obtain these valuable accounts. You will even see some of these stores that have two ATMs side by side illustrating the high dependency on cash. Additionally, more of these stores are opening all the time so be on the lookout in your area and take your slice of the pie! Dave from Minnesota shared a few words about his experience with a dispensary that he installed about a month ago.
“I secured my first cannabis location in early June. In the first month of operation, it averaged nearly 10 transactions per day. It’s a very small location, just a small storefront with one employee, and it is going to be one of my most profitable ATM installations. I’d recommend working with ACFN’s marketing department to identify new and existing cannabis dispensaries in your area.” – Dave.
I will add that we just secured Dave’s second contract at a larger dispensary that will open in about 2 weeks!
5. Media Toppers– We have partnered with an advertising agency that has agreements with some of the largest companies in the nation including Amazon, Progressive Insurance, and McDonald’s just to name a few. These companies are impressed with our portfolio and will pay premiums to display targeted ads thus generating new and steady monthly revenue. We’ve also collaborated with a manufacturer to purchase the high-definition display screens that fit our ATMs. We are in the test phase now and will provide more information as it becomes available.
As you can see we’ve been extremely busy developing new and improved ways to earn some serious returns with some franchisees already capitalizing on these new opportunities and new revenue streams.
We look forward to working with you to as you grow your ACFN business.
“Innovation distinguishes between a leader and a follower.”
Steve Jobs
“The best way to predict the future is to create it.”
Peter Drucker