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spero
My counting error. I have 328 on the list as of today.
This is not a disaster. It just needs a few tweaks to be back on target.
The good news is that the restaurants are readily signing to the App. There is obviously enough interest for them to list.
As with the TM's, there are some people who can do the job and some who can't so it may still take a while to get 10 people in the team who can all sign restaurants regularly every day.
I just think that it would be much better if they target the biggest 10 or 20 cities and counties in the country and get these signed first.
It is surely much easier to phone a restaurant in London or Birmingham and to say there are 50 restaurants on the platform already including 2 nearby. The restaurant will want to come on board or risk being left behind.
It is not as easy to phone Dewsbury or LLandovery or Livingston where there are hardly any restaurants in the first place and where the Big Dish platform is unlikely to make much of a difference to their businesses.
I can see the share price sticking if they continue in this manner. The two changes that could see the SP rising again will be if they can up the numbers from 10 a day to nearer 20 a day and if they can forget about more useless locations and sign restaurants to the big locations.
By the way, the chains are not waiting to come on board when every last part of the country has been covered and if they wanted to do that in a hurry they could just use the counties - how many of our current locations would fall into North, South or West Yorkshire. They just need the main cities and counties covered.
Surrey is fine but otherwise that is some very drippy locations. Someone needs to use their head somewhere in this company - apart from me that is.
spero
I have got 327 so if you can tell me which one I'm missing I'll update it.
https://docs.google.com/spreadsheets/d/1IT0rmMINzLSmbdEAUCwZ3jpK22tQ3C4-u6xbX-fj9nM/edit#gid=0
Surrey is fine but otherwise thaqt is some very drippy locations.
We made it to 10 for the day., so we're still in with a chance of equaling last week. However, we should be much further on than hoping to equal last week (IRO 15-20 per day). We could do with an update / explanation. Perhaps only half the team made it through probation, so they're at half strength?? We're not going to get big fast enough for q3 raise at this rate.
New locations: Kenilworth, Dewsbury, Llandovery, Surrey, Warrington, Winsford (+1)
Birmingham, Leicester +1
Southampton +2
328 total in 49 locations
ART you updated the spreadsheet today?
Birmingham now +1, 50
8 for the day
Art, most people who use the app willl try their local area first, failing that they will try their general area. Hence having as many areas as possible covered is not a bad strategy, especially when having one signed up then gives you a story to tell the owner of a nearby restaurant. This strategy will inevitably be a slog to start with but the more that are signed up, the more will follow and growth will be faster. Don't forget, restaurant owners will also check out who has signed up nearby and maybe think they are missing a trick. This day by day analysis isnt helping anyone, you would do better to call a few local restaurants and ask if they offer Big Dish discounts and see how hard telesales can be!
art do everyone a favour !
turn off your laptop and go for a nice walk , sunny day outside , get some fresh air , you will feel better .
I thought Art was a lady?
Art I would suggest you sell and move on. You seem to be a very miserable man and we all know that misery can be contagious.
Do I want to be sitting around posting here - NO. I would much rather be getting on with my life while the share price shows nice daily improvements. However for that to happen the team needs to make a better job of things. This is not going to plan at all. They need to get it sorted.
It's not so much that no-one wants to sell but more a problem that you can't sell without going to NT. The MM's won't even give a selling price for 1000 shares so they are sitting tight waiting to drop this further.
My recent research into companies that have made a success of this type of business shows that it is better to have a lot of restaurants in one location rather than a few restaurants in many locations. This encourages competition amongst the restaurants and attracts diners who will use many of the restaurants and also tell family and friends who will do the same.
I would like to see the top ten cities in the UK targeted first - London, Birmingham, Manchester, Leeds, Liverpool, Edinburgh, Glasgow, Sheffield, Nottingham, Cardiff - and 50 to 100 added in all of these cities with upwards of 250/350 in London.
Then they should roll-out to the Tier 2 cities - Derby, Blackpool, Swansea, Portsmouth, etc, etc plus the larger counties such as Essex, Surrey, etc, etc.
Then Tier 3, mid-size counties, etc, etc.
To me, this looks as if the telesales team has come completely off the rails altogether, hence why I have greatly reduced my holding for now, and that unless something is done about this very soon by the directors then this will impair both the future prospects here as well as the share price. 1 restaurant in Aberdeen, Barnsley, Blackburn etc and places like Bushey, Thame and Llandovery are going to do this company far more harm than good. There are 25 locations with just one restaurant as of today.
Confusion, resulting in a lack of trades, seems to be saving the share price from any further falls at the moment. No-one has the confidence to buy but then people haven't quite given up as the new restaurants trickle onto the platform. They are just not where they should be to see this company grow.
boo hoo !
Unfortunately as far as the share price is concerned these single restaurant locations are as good as worthless. They are not going to lead to any premium listings, they are going to clog up the website, they are not going to lead to any customers or increase revenue, they are going to annoy the shareholders and they are going to make Big Dish look a bit of a joke.
It is now up to the directors to get this back on track - once again.
Debbie brilliant ha ha
still moaning !
Art..stop micro managing from the airlines and move on if u don't like..Tom has proved himself elsewhere and so far so good at bigdish..it's annoying having to endure your endless posts attempting to deramp
Are you any relation to Victor Meldrew?
We have endured 18 months of c*ck-ups here and to me this is just another one - though it is not too late to get this sorted and start to recover. Otherwise we're DOOMED.
I am not doubting that Tom and his team have added 3000 restaurants in 6 months with a previous company but the one thing that is becoming very clear is that they are not going to do that here. Maybe 1000 in 6 months or 3000 in 12-18 months.
December was spent with most people sitting on the sidelines wondering if the telesales approach was going to work at all and now in January we have had a sprinkling of new restaurants but they have been located and added in such a strange way that I think people are again becoming apprehensive.
My recent research into companies that have made a success of this type of business shows that it is better to have a lot of restaurants in one location rather than a few restaurants in many locations. This encourages competition amongst the restaurants and attracts diners who will use many of the restaurants and also tell family and friends who will do the same.
I would like to see the top ten cities in the UK targeted first - London, Birmingham, Manchester, Leeds, Liverpool, Edinburgh, Glasgow, Sheffield, Nottingham, Cardiff - and 50 to 100 added in all of these cities with upwards of 250/350 in London.
Then they should roll-out to the Tier 2 cities - Derby, Blackpool, Swansea, Portsmouth, etc, etc plus the larger counties such as Essex, Surrey, etc, etc.
Then Tier 3, mid-size counties, etc, etc.
To me, this looks as if the telesales team has come completely off the rails altogether, hence why I have greatly reduced my holding for now, and that unless something is done about this very soon by the directors then this will impair both the future prospects here as well as the share price. 1 restaurant in Aberdeen, Barnsley, Blackburn etc and places like Bushey, Thame and Llandovery are going to do this company far more harm than good. There are 25 locations with just one restaurant as of today.
To conclude things need to change and improve here and in the meantime I expect the share price to falter and possibly decline further. This is once again down to Aidan to try and get this back on track. If anyone wants to copy and email him my post please feel free.
W
For the life of me I can't understand why some regions are whole county's and others are broken down into the smallest little superb.
I'm still put out with Thame being called an unknown though and Robin Gibb would be turning over in his grave!
Can anybody be bothered to scroll through all of these locations on the off chance that the odd one might have been added somewhere?
Surrey is good - but Dewsbury, Llandovery and Winsford - yawn, yawn, yawn!!!!!
Seems to have hit a bit of a wall this week, did someone say they had 2 targeting London?