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Tag Archives: FEC
The inconvenient truth – almost all location-based entertainment business models are now obsolete
Our company prides itself in using research to identify trends and guide our clients to future-proof their location-based entertainment centers (LBEs), which includes the categories of family entertainment centers (FECs), social eatertainment venues and agritainment/agritourism farms. As they say in … Continue reading
Digital disruption changes industry definitions
This year two major trade organizations changed the definition of their industries. Both are telltale signs of the major digital disruption that is occurring to all types of out-of-home (OOH) B2C businesses, including OOH leisure and entertainment. According to the National … Continue reading
First mover doesn’t succeed unless its also best mover
The conventional wisdom is that first to market can establish a stronghold in the market, a first mover advantage, making it difficult for later entrants to capture market share. However, a first mover advantage is never a sure thing. Being a first mover at the expense of being the best mover will often lead to a competitive disadvantage. Continue reading
FECs and LBEs now facing new competition
Now along comes another form of competition to FECs and LBEs. . . Continue reading
Be an LBE disrupter before you get disrupted
The LBE formulas of just a few years past are no longer future proof. Be a disrupter before you get disrupted, because that disruption is already underway. Continue reading
Vietnam’s Largest FEC Opens
157,000 SF Helio Center, Vietnam’s largest family entertainment center, celebrates its grand opening Continue reading
One-of-a-Kind Survey on National FEC Attraction Preferences
Last month our company completed a national survey of over 4,000 adults on their participation in major attractions at family entertainment centers. According to the results . . . Continue reading
The Potential of the Stay-at-Home Mother Market
Many businesses, including entertainment facilities, fail to recognize and capture the potential from the stay-at-home mother market. Continue reading
Climbing the wall of FEC success
There’s a financial hurdle that all family entertainment centers need to meet if they are going to have long term success rather than become road kill. Unfortunately, many FECs fail to make it. Learn about many of the reasons why FECs fail due to inadequate budgets and investment. Continue reading
When suppliers become FEC consultants and designers, beware!
I’ve noticed an alarming trend that the Great Recession seems to have accelerated – many equipment suppliers are marketing themselves as also consultants and designers of potential buyers’ family entertainment centers (FECs). Two recent prospects we have had discussions with … Continue reading
