FlatToast to Feature 2021 Dassault Falcon 6X During its 4th of July Virtual Auto Show
FlatToast New Grouping System Makes Airbus, Cessna, Bombardier, Embraer, Dassault, Gulfstream, Boeing, Honda Aircraft, Piaggio Aero and Pilatus Planes, Affordable! And Affordability Equals Sales as We Officially Launch FlatToast Grouping System.
FlatToast Grouping System allows our members to work together to purchase a plane as a group. We looked at multi–Plane Sharing Systems but found too many flaws in the revenue structure. So, we decided to build our own. And in 2020 FlatToast placed 6 orders on behalf of FlatToast members totaling $260 million.
Our first objective was to make sure FlatToast Groups could afford to purchase a plane like the 2021 Dassault Falcon 6X, but more important maintain it over a 3-year period. Once our grouping system met these two requirements, we started to focus on the number of members that were interested in owning their own plane or sharing ownership before zeroing in on price!
Without working the maintenance cost into the Pricing Equation, it became somewhat of a Challenge. We wanted to make sure a FlatToast Group knew about all the secondary cost before buying a plane. Because the last thing we wanted to do is sell a FlatToast Group a plane that they couldn't afford to use. It's like being House Poor! So, we added a 3-year Prepaid Maintenance Option to the overall pricing equation in order to make everything work. For a plane like the 2021 Dassault Falcon 6X, maintenance costs over a 12-month period could range from $1.1 million to $1.5 million: Basic Maintenance, Crew, Hanger Fee, Fuel, Landing Fee, etc.… Hanger Fee at LAX alone can cost a person $10,000 or more a month, now throw in the cost for a good Crew and you are looking at an additional $250k to $300k.
After establishing the overall cost of buying and maintaining the ten midsize planes we planned to place in front of our members, we needed to see how many members were interested in owning their own plane or open to sharing ownership. The moment we reached 2.1 million, we stopped counting and started over! After 5 re-counts the 100,000 base number held, and that's when we knew we had something special! The total number didn't matter the base number is where the real sales were! Once our base number was in place, we build a 1% to 10% conversion rate around 100,000 and adjusted our A.I. System to delete everything beyond this number. Our goal is to use a 1% of 1% conversion rate first and allow a company production line to determine how much we increase this number. A 1% of 1% conversion rate would allow FlatToast to purchase 100 planes a year. For those of you that don't like math here is what 1% of 1% looks like.
Now 1% of 100k is 1,000 and 1% of 1,000 is 100 and this is the number of Groups or Buyers we can place in front of Airbus, Cessna, Bombardier, Embraer, Dassault, Gulfstream, Boeing, Honda Aircraft, Piaggio Aero and Pilatus each year. Our new Grouping System allows us to expand the demographic and placing new buyers in front of the planes these companies make.
Right now, you have Airbus, Cessna, Bombardier, Embraer, Dassault, Gulfstream, Boeing and Honda Aircraft all fighting over the same (Limited) Demographic. But how many planes can the 1% buy? Today FlatToast has 100,000 potential buyers, next year this number could be as high as 200,000 or 300,000 if FlatToast Membership Base continues to grow. If it does, we will be able to keep a company production line moving," said John Kim, Vice President of Grouping, FlatToast Social Lifestyle Platform.
Prepaid Service Contract:
"The 2021 Dassault Falcon 6X will be the first plane we build a FlatToast "Lifestyle Minute" around. And on the 4th of July more than 30 million people will be able to learn more about the 2021 Dassault Falcon 6X during FlatToast Virtual Auto Show. Members will be able to use their Digital Invitation to log into our system and have complete access to the products in FlatToast Digital Environment.
With a simple click on a product a member's personal avatar will welcome them, and then guide them through FlatToast Digital Environment. You will be able to change the look of your Avatar. If you have a photo of yourself in our system, simply select "Use My Face" and the system will instantly digitally map your face onto the Avatar in real time… No matter what language you speak, our system will instantly adjust to your Native language. And while our event will provide our members with basic information about a product by clicking on the more button or saying "More" our A.I. will redirect you to a company website where you will be able to obtain more information."
Warning: You must be a member to gain access to FlatToast Digital Events & Website.
Page Updated Last on: Jun 07, 2021