Hey CoffeeJunky, I just have a suggestion for different way to approach your problem. Instead of trying to think about your average ticket sales and how many cups you sale each day, ask yourself what the total value is on your customers and you’ll have to decide what time period to look at. You could look at a month, 3 months or a year. The reason for doing this is that essentially you’re looking to figure out of how much of my sales are coming from regulars.
The reason to do this is because if you have 375 average ticket sale (this might be an extreme case) 300 to 330 cups average per day. If most of these are coming from regulars that means you actually have a very high value per individual. And when you understand what that value is over a certain amount of time, then that means you understand how much you can invest to bring another individual to the door.
And the reason that I'm suggesting that you look at this way is that maybe you don’t need to increase your ticket sales, but maybe what you need to do is change your marketing’s that bring more people into the door and create more regular customers. But until you know how much value you’re getting for your marketing, that is if you pay a dollar to bring someone in the door and then they return 3x a week for the next year, then you know that a dollar brings a huge amount of value you can leverage that . So that’s just a different way of approaching your problem.
--transcribed and posted for Joseph @ JRmobile.co by Mark