Garret Tichy from Hygge Coworking and Cohatch asked a fundamental question during the ‘Non-Traditional Offerings, and How They Will Impact your Business’ panel he was moderating. The question: What can we do to add to the bottom line without opening a new location? We are limited by walls and space.
This question resonated with us deeply. Why? As operators, we have felt what it’s like to be limited by square footage, so much so that we have built an entire platform on the premise that you do not need an infinite amount of square feet to have a successful and profitable business!
Below are the traditional answers we have used in our spaces and continue to use. They work, but their growth capacity is stagnant, and let’s be fair, they can only do so much for the bottom line.
Space as a venue
Promotions, promotion & more promotion
Whatever else we have tried and tested as a way to increase revenue.
The reality is that at their best and most successful, all of these strategies bring in new clients and some revenue into our spaces. However, as previously stated, the capacity for growth diminishes over time.
For those of you that know our story, you know that PilotoMail was built out of our own necessity to scale and find software that could handle our mail operations. Today, our Virtual Offering accounts for over 40% of our ARR at our spaces. Yeah, that’s quite an addition to the bottom line.
PilotoMail was built with operators in mind, as such, plans are completely customizable, and pricing models are left for you to design and decide. It’s your business, you run it how you want to. We just provide you with the platform to make your mail operations as seamless and profitable as possible.
PilotoMail offers many other ways to help you maximize revenue growth, but these unique features are designed with people like you in mind. Whether you’re a solopreneur running an entire operation by yourself or an overwhelmed community manager, we built PilotoMail for you because we were in your shoes once. (To be fair, we’ve never stopped running on borrowed time at our locations.) With great success comes great responsibility, but we’ve certainly hacked the cap on revenue growth. Walls and space are no longer limiting factors, as Garrett put it when he asked the question that sent us on a quest for an answer. Maybe it’s time for you to break away as well…
PilotoMail is a mail management platform powering mailroom automation and virtual mailboxes for the remote workforce. By giving mailrooms a digital-first makeover, mail operators can deliver outstanding services all while managing large volumes of mail efficiently, complying with all postal regulations easily, and increasing revenue effortlessly.