UBT Announces Radical Changes to Its Pricing Structure  

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MCLEAN, Va., May 5, 2019 /PRNewswire/ – United Bus Technology, a provider of cutting-edge hardware and software solutions to the motorcoach industry, announced a fundamental shift in their existing pricing designed to help operators open new profit centers within their existing customer base.

“It’s time that companies started partnering with motor carriers, and we are here to blaze the trail,” says UBT president Christian Riddell. “We declared in January that we are here to help operators make more money and we are ready to put our money where our mouth is. It’s a new day in the technology business and we’re thrilled to be leading this charge.”

The new model that UBT has coined as “profit-sharing” was created with one goal in mind: to reduce the barrier of entry for operators in equipping their fleet with the latest onboard infotainment technology that has been designed from the ground up to create a profit center for the operator. UBT has cut the monthly cost of the NetBox Suite by nearly 70% to $99, which includes amenities like onboard WiFi, high-speed LTE data, blockbuster movie streaming to passenger devices, vehicle tracking, push-button safety message deployment, and more.

“We want to make money as operators make money. Too often in the industry, we see motor carriers being asked to make all the investment, take all the risk, and hope that things work out. This profit-sharing model is us showing that we are willing to take on risk and make money as the operators make money,” Riddell continued. “We have set up a system that allows us to charge additional fees only on the actual profit that the operators make when using our system. It really is a revolution, not only in the bus industry but for technology providers everywhere.”

The model allows operators to engage a new profit center both for charter and line-run operations giving them the ability to charge on a per charter basis, to an entire group, and/or to individual passengers.

“We know that raising prices in the bus business is hard. We also know that the motorcoach world is one of the last industries to truly embrace ancillary fees as a method of increasing yield on existing business,” Riddell added. “We are committed to helping operators start to see that there are ways to raise prices, without raising prices.”

Current UBT customers have the option to either change to the new structure or stick with their current pricing plan while new customers will all be using the new model.

The NetBox Suite is UBT’s flagship product. UBT is currently offering no-risk trials for the NetBox Suite to operators serving the United States market. For more information, please visit https://www.ubt.io or call (202) 800-6565 to request your trial today.

About UBT
United Bus Technology is an All-in-One hardware and software turnkey solution provider for the motorcoach industry. Its NetBox Suite is the platform for OnCoach Cinema®, MegaWiFiSM, and MegaTrac®. UBT provides full warranties and 24/7 customer service.

Contact: Carter Nordike, 703-498-0272

SOURCE United Bus Technology
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