Quiz #4-deal Structure

8 Questions | Total Attempts: 114

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• 1.
You are on the phone with a spa and they want to feature a massage.  What question(s) would you ask right away? (Check all that apply)
• A.

On average, how many massage therapists with access to beds do you have working?

• B.

What does an optimal month look like in terms of the number of massages the sell?

• C.

• D.

• E.

What is a popular service you are know for?

• 2.
What is a good rule of thumb when structuring a deal for a restaurant?
• A.

1.5X the average ticket

• B.

Average ticket divided by the number guests per table times 1.5

• C.

1.5X the average entree

• D.

1/2 of the total ticket

• 3.
The owner of a restaurant tells you the average meal on their menu goes for \$20.  What kind of deal would you structure?
• A.

20 for 40

• B.

10 for 20

• C.

20 for 40

• D.

15 for 30

• 4.
Identify three things that could be presented in the fine print of a restaurant feature. (Check all that apply)
• A.

Not valid with other offers

• B.

Only valid for lunch

• C.

• D.

1 per table

• E.

Not valid Friday or Saturday

• 5.
Identify anything that could be presented in the fine print for a beauty feature.  (Check all that apply)
• A.

Only available on weekends

• B.

1 per person

• C.

Not valid with other offers

• D.

Must make an appointment

• E.

Tax and Gratuity not included

• 6.
What is the equation for capacity of a spa related deal?
• A.

1/2 # of seats and stylists x # of days open x # of weeks Groupon is valid

• B.

# of weeks valid x average # of cleints per week

• C.

# of weeks Groupon is valid divided by 1/2 # of stylists and seat in the salon

• D.

# of clients per week x # of seats and stylists x # of weeks Groupon is valid

• 7.
The owner of a high-end steak house tells you their average total transaction is \$80.  However, the average entree is \$20.  How would you structure the deal?
• A.

40 for 80

• B.

15 for 30

• C.

25 for 50

• D.

50 for 100

• 8.
I own a spa with 6 beds for massage and 6 therapists working for me.  The Groupon expiration would be one year and we are open 6 days per week.  How would you figure out the best capacity for my deal?
• A.

3 x 3 x 26

• B.

36 x 52 x 1/2

• C.

6 x 6 x 26

• D.

3 x 6 x 52