How to Mitigate Risks Mostly for Water Park Investment?
1. Project investment depends on specific circumstances, do not pursue novelty and large-scale blindly
In the limited open time to obtain a higher profit, it needs higher requirements for water amusement park. Most of big water amusement parks who have a strong comprehensive strength and prominent advantage, can get a higher profit. In this trend, it is understandable for operators to pursue a wealth of water amusement project content, but do not easily compete with a large area, strong brand strength and wide influence water amusement park. One project which want to gain big profit, can not simply take the formula or template to set, should combine with local market and resources to make a rational analysis of the water park area and investment, make their own characteristics, and then combine with professional management and marketing, to bring the benefits of water park.
Case: Zhuhai dream park reproduces the mystique of the ancient Egyptian, ancient Babylonian culture, not only tried to create a Egyptian culture atmosphere, but also added a lot of classic items, such as the classic fairy tale opera performances, Kyrgyzstan national actors cheer performances. These projects have been favored by consumers.
2. Changing business model
On the one hand, use flexible system of tickets. For different time (holidays, etc.), different types of people (students, children, elderly, disabled, etc.) take a different fare, and cooperate with other brands, to use bundled ticket and stimulate consumer enthusiasm by ticket flexibility.
On the other hand, cooperate with the relevant enterprises to achieve source sharing and resource sharing.
Case: Guangzhou Hippo Park set a target of "to let citizen come again within ten years”, joint promote with Pepsi Cola, Greenery, Watson and other well-known brands, and focus on the development of returned customers.
3. Develop creative activities
To hold a series of activities in line with the theme of the water park to meet the visitors' experience.
Case: Zhuhai Yuanming garden and Dream water city jointly held Romance of the Three Kingdoms theme concept, Qinggong circus, Shengxiang Water Splashing Festival and royal beer festival activities. Greatly improve the enthusiasm and participation of tourists.
Related News
October 9, 2021Waterpark equipment is a vital part of the water park, without it, any entertainment can not be carried out.1. Application and matches of waterpark equipmentThe initial construction of water parks is ...view
November 20, 2023Where to play in summer? Not the playground or children's park. The place to play in summer is the water park. As times are changing and we are making progress, water parks have become adult parks...view
July 6, 20171.Try visiting on a weekday instead of a weekend. Saturdays and holiday weekends are consistently the busiest days.2.You might try visiting an indoor water park in the summer, since many will opt for ...view
March 28, 2025Cost Considerations for a Water Park ProjectWhen purchasing equipment and facilities for any project, cost budgeting is always a key factor. Only within a set cost budget can a specific equipment inst...view
April 21, 2020At a certain point, every industry will inevitably face with the reshuffle. So will Water Park industry. With the further development, water parks with a simple performance, a low quality, a small sca...view
October 31, 2017During the closure of the park, from now on until November 5th, Changlong water park has simultaneously entered the dabbling model of "Halloween"! On October 15th, hundreds of popular COSER and red br...view