Target Event Markets Velocity 17 specializes in hosting a variety of private and corporate events, including sweet 16s, bar/bat mitzvahs, graduations, and corporate functions. This focus indicates opportunities to offer event-related services, catering, or equipment rentals tailored to these celebrations.
Enhance Technology Integration With a technology stack that includes web development tools and multimedia platforms, there is potential to upgrade or expand virtual and interactive entertainment offerings, appealing to clients seeking innovative event experiences.
Expand Revenue Streams Currently operating with a modest revenue range, Velocity 17 could diversify income through complementary services such as merchandise, memberships, or sponsorship arrangements for recurring clientele and local organizations.
Leverage Industry Connections Given its position in the entertainment and event space, the company can collaborate with local vendors, entertainment providers, and schools to create bundled packages or exclusive partnerships, increasing market reach.
Focus on Market Growth The entertainment industry is trending towards immersive experiences and technological integration. Velocity 17 can capitalize on this by promoting its virtual racing and laser tag activities to attract tech-savvy families and corporate clients seeking unique team-building options.