The Ferris wheel is one addition to your amusement park that you should never compromise on. Not only does the machine give your customers a delightful experience, but it also increases your revenues. However, shopping for a Ferris wheel can be overwhelming because the market is flooded with numerous models.
Moreover, all these models come at different prices, which makes it even more confusing. That said, let’s look at what determines the price of a Ferris wheel.
6 Key Factors That Determine the Price of a Ferris Wheel
- The Brand
When shopping for a Ferris wheel, you’ll notice that different brands have different prices for a similar product. Normally, well-known and trusted brands sell their machines at a higher price. This is because customers often associate their brand with quality and a willingness to pay extra for that assurance.
- The Size of the Ferris Wheel
Normally, Ferris Wheels come in different sizes ranging from small, to medium and lastly large. The bigger the wheel you choose, the more money you’re likely to pay for the wheel. While some companies may sell large Ferris wheels at a lower price, be cautious to not compromise on quality. Make sure that the machine you choose is both safe and functional even if you have to pay more.
- Location of the Manufacturer
Sometimes, buying amusement equipment from a local manufacturer can be cheaper. This is because their price does not include the cost of shipping the equipment into the country. However, this does not mean that you should write off international companies completely. Because of the intense competition in the international market, there is still a chance of finding an affordable kiddie Ferris wheel.
- The Season
Buying a Ferris wheel during the festive season can be more costly than buying it during regular days. This is because during festive seasons, many people frequent amusement parks. As such, the demand for Ferris wheels is normally on the rise.
Therefore, if you’re looking to get the best deal in the market, it is best to shop during off-peak seasons. At such times, very few amusement park owners are looking for a Ferris wheel making the price drop.
- Features of the Ferris Wheel
Just like these amusement assets differ in size, they also differ in features and functionality. For example, one wheel may have larger and more comfortable seats than the other.
Such a wheel is more likely to be more expensive than the one with small and uncomfortable seats. It is always advisable to pay more for a Ferris wheel with great features because they are beneficial in the long run.
- Age of the Manufacturer
Manufacturers who have been in the industry for a long time tend to sell their Ferris wheels at a higher price. This is because they have already earned the trust of consumers. On the other hand, new companies lower their prices to attract customers to try their machines.
Wind Up
Having understood what determines the price of a Ferris wheel, shopping for one shouldn’t be that hard after all. As long as you buy from a verified manufacturer or distributor, your investment will be worth every coin.