YB Tracking: Unveiling Costs and Pricing Models

In the exciting realm of sailing, equipping your event with a reliable GPS tracking system like YB Tracking is of utmost importance. However, understanding the cost structure can seem like navigating through uncharted waters. This article aims to set a clear course for comprehending the license model, example costs, hidden charges and tips to minimize expenses for a sailing event with 100 participants.

YB Tracking License Model

YB Tracking operates on a versatile licensing model. Depending on the size and duration of your sailing event, this model allows you to customize the services you want to pay for. For example, for an event like a regatta, which can span several days and involve multiple boats, you might want to opt for a premium licence which includes features like live tracking, detailed analytics, and 24/7 support.

Example Cost of an Event with 100 Participants

The cost of a YB Tracking system for an event of this magnitude largely depends on the duration of the event and the services availed. A typical event with 100 participants for a span of five to seven days might range between $2,000 to $4,000. However, keep in mind that these figures are estimated and can vary depending on specific requirements and addons.

Understanding Hidden Costs

While setting up a sailing tracking system like YB Tracking, hidden costs can often be overlooked. These may include costs related to specific software necessary for the GPS tracking devices, any hardware rentals for each participant's boat, and potential data costs based on the GPS device usage. Always consult with the provider about these hidden costs before finalizing your budget.

Tips to Reduce Costs

While running a major event, cost optimizations are crucial. Few tips to reduce costs could include:

• Negotiating bulk pricing: As you’re purchasing licenses and hardware for many boats, there may be room for volume-related discounts.
• Evaluating need for specific features: Not all events require the full range of features provided by YB Tracking. By limiting your service requirements to what's necessary for your event, you can significantly cut down costs.
• Exploring sponsorship: GPS tracking provides valuable advertising opportunities such as logo placement on the sail tracker. This can offset some of your tracking costs.

The utility of a reliable sailing tracking system for a regatta or any sailing event is undeniable. Taking a good look at your event’s specific tracking needs, understanding the pricing model, and being aware of hidden costs can make YB Tracking a worthwhile investment for your event.