During the corresponding time, Boomerang Systems, Inc. saw a revenue deteriorated by -38.17 % year on year, sequentially revenue grew by 40.16 %. While revenue at the Boomerang Systems, Inc.'s corporate clients
Boomerang Systems's Comment on Sales, Marketing and Customers
We work with numerous prospective customers to evaluate the feasibility of RoboticValet
Parking Systems and focus on projects that we reasonably expect to result in revenue
over the next two to three years. Our sales and marketing efforts are focused
on working with developers with qualified, near-term projects. We typically work
with customers during the preliminary stages of their projects to provide a limited
range of services without compensation. We will perform paid site studies as the
need for more detailed engineering drawings emerges. As a project advances to
the design phase, we negotiate a detailed agreement with the customer or customer’s
general contractor that further defines the deliverables, items related to the
system to be provided by the customer and final design of the system.