WHAT IMPACT CAN KARAOKE HAVE ON BAR REVENUE? APPARENTLY IT'S BIG!
According to a study of 37 karaoke hosting venues, karaoke has a positive impact on sales figures and customer dwell time.
Clearly karaoke popularity continues its upswing over the last few years. Pop culture is brimming with it. Shows like 'James Corden's Carpool Karaoke' or 'The X Factor' have certainly helped bring karaoke into more households than ever. Thus, more people are getting the 'Rockstar Itch' - and karaoke is the scratch.
The study found that venues offering karaoke saw a sizable increase in overall revenue - even those that only offered karaoke once or twice weekly. Please see the article "3.5 WAYS ANY BAR CAN MAKE MORE MONEY ON A KARAOKE NIGHT" that karaoke bars/venues should read. The article includes some not-so-obvious tips about how a venue can bank ever more on karaoke night.