The Australian Open prepares for the worst: it may not hold the tournament until 2022

first_imgThe days move and the speeches transfer away from optimism. If in early April we commented that the Australian Open He was considering his subsequent version of 2021 behind closed doorways, now a number of situations are additionally on the desk which can be, if potential, even worse.Craig Tiley, CEO of Tennis Australia and tournament director, defined this week the completely different prospects that the first main of the calendar, together with the most catastrophic: “Being the first to renew the competitors is one in every of the situations that we deal with. One other state of affairs is to return with out an viewers, like the AFL and the NRL. One other state of affairs is to play in one other period of 12 months probably and the final state of affairs can be the worst: that there isn’t a Australian Open until 2022. We have now to organize for all the things, “confessed Tiley in the newspaper. The Age. Pandemic insurance coverageTowards this background, does the Australian Open have a degree in favor? Happily, the reply is sure. That for the second is the solely Grand Slam of the course that has been held It has allowed him to maintain a small cheap mattress for the subsequent version. “We have now to construct a monetary mannequin for all potential situations. The excellent news is that we’re internet hosting the tournament this 12 months, so now we have some ‘money’, However that runs out rapidly if we don’t have an earnings, “Tiley defined.To mitigate the harm that COVID-19 may trigger in the tournament over the future, Tiley himself defined that Tennis Australia group has pandemic insurance coverage (as in the case of Wimbledon), though this ends subsequent July: “After Wimbledon, we had been in all probability one in every of the few sports activities organizations that had pandemic insurance coverage. We had full insurance coverage and pandemic insurance coverage. However in July of this 12 months it expires. However now we’re in talks with the similar insurer for the future. “Uncertainty solely makes its manner onto the tennis planet …last_img read more

Customer Retention Tips 5 Methods for Building Your Foundation

first_imgAlex Lawrence, Director of the Entrepreneurship Program at Weber State University, writes in Forbes that “when it comes to growing their startups, many entrepreneurs are so focused on gaining new clients and customers that they fail to effectively address the need to retain those they already have.” To help you keep your existing clients, Lawrence presents five customer retention tips.First, Lawrence says, “never underestimate the value of retention,” and he points to a number of statistics that proclaim this value, including a Lee Resource, Inc. study that found that “attracting new customers will cost your company five times more than keeping an existing customer.”Next, he writes, implement an effective and well supported customer retention program, and look at reliable like web analytics when making decisions on what your customers want going forward. Finally, engage customers through social media to stay connected, and offer relevant promotions to keep your clients coming back.Read the complete post for all of Lawrence’s customer retention tips, and you’re on your way to stronger customer loyalty.AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to PrintPrintShare to EmailEmailShare to MoreAddThislast_img read more