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Cost-Savings

Consider the following example:

Martin is the managing director of a firm selling photocopiers, with a team of 6 sales people based in cities around the UK. Once a month, they all get together to have a sales meeting which typically lasts 4 hours. At the moment, all 6 sales people travel to the head office for this meeting, with the associated costs in terms of fuel expenses and lost productivity - they can't be selling while on the road.

£ 528.00
Traditional meeting costs
  1. £ 240.00
    Fuel
    Fuel is becoming more expensive almost weekly. If we assume mileage expenses are paid at 25p/mile, and the average salesperson is travelling 80 miles to and from the meeting, then the total fuel costs for a single meeting are...
  2. £ 288.00
    Lost productivity
    While travelling to and from the meeting, each salesperson will be unable to concentrate on their main job, selling. If we assume an average speed of 40mph, each salesperson will waste 4 hours driving. Assuming a basic salary of just £12/hour, the total cost of their wasted time is...
  3. -   
    Meeting room
    With the meeting being held at the company head offices, we can assume that there is no cost for the meeting room itself. But, if the meeting were held in a hotel or conference centre, a cost would be incurred.

Let's compare those costs for the same meeting held via JustMeet:

£ 100.00
JustMeet costs
  1. -   
    Fuel
    With everyone joining the meeting from their home or office (or even hotel room), there are no fuel costs for the meeting.
  2. -   
    Lost productivity
    Without the need to travel to the meeting, the salespeople can be actively closing deals and chasing leads immediately before and after the meeting.
  3. £ 100.00
    Meeting room
    A JustMeet room suitable for up to 8 people costs only £25.00 per hour. Which means someone else can join the meeting, while the cost remains...

As you can see, holding just a single meeting with JustMeet could save the company 81% of the cost of their monthly meeting, giving a saving of £5136 per year!

And with the added benefit that you're helping the environment too. Using JustMeet, for this one meeting, the company in this example would save almost 3 tonnes of CO2 emissions per year.

Notes:
  1. Example shows costs of a JustMeet room for 4 hours
  2. £25,000 average annual wage. (260 working days, 8 hour day => £12.00/hr)
  3. According to an EU Report ( December 2007), the average emissions of CO2 from new passenger cars are around 160g per kilometre. In the example, each salesperson travels 160 miles (257km) to and from the meeting, generating a total of 246kg of CO2 per meeting. Over a year (12 meetings), this adds up to 2952kg of CO2 emissions!