Glimpse Corp > Case Studies > Bar & Lounge Segment

Case Study

Bar & Lounge Segment

This case study is based on a 6 months Glimpse service period, helping the customer generate $19,675 in additional revenue — more than 12x ROI.

South Florida Market
Overview

Ongoing At-Risk transactions were 16% of total annual sales. With the use of the Glimpse reporting sales At-Risk dropped >5%  and the additional revenue uncovered was ~$759,200/yr.

Challenge

Customer initially benchmarked at an average 56% At-Risk transactions and estimated True Revenue Loss of ~$26045/month

$26,045

Estimated True Loss / month

56%

At-Risk transactions

Customer Background

Audits performed

3.2 MIL

Images processed

6 Cameras

2 main bars, 1 service bar

6 months

Glimpse service period

‘At-Risk’ Analysis & Monthly Progression

Customer experienced 12xROI & savings after first month of utilizing Glimpse’s proprietary system and >30% overall ROI.

After Glimpse

$94,765

Yearly savings

$5230 ↓$20815

Estimated True Loss

16% ↓40%

At-Risk transactions

Periodic increase in  At-Risk % due to

New hires & training;
Lack of enforcement of procedures;
Theft;
3 audits weekly allowed management/ ownership a glimpse into a wide range of scenarios & employee performance.

Case study results attributed to Glimpse service due to

Weekly consultations & monthly discussions with management on trends seen in reports;
Employee behavior change, and positive impact on the operational and the financial side;
Occurrences of direct theft were uncovered after first 6 audits;
Monthly savings accounted for / $3500 or higher (more than 7x ROI).

American Social Bar & Kitchen, Miami, FL

The instant behavior change with our employees was remarkable. We were aware of flaws in our operation but were not able to pin down specific areas of loss, until Glimpse

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