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Tuesday, July 07, 2015 9:45:12 PM
web-based marketing efforts, expanding sales force, and tightened sales processes for our domestic STEM sales. The Edventures Lab program is a key strategic addition to our plan and serves the following purposes: 1) R&D test bed for product improvement and refinement; 2) Revenue generation through afterschool and summer course fees. This course revenue stream will be more predictable and consistent compared to the seasonal revenues associated with education budgets; 3) The centers will serve as showrooms for PCS products in strategic locations and key districts around the country. We believe this will provide PCS with significant competitive advantages over other solution providers since administrators and educators can visit local centers for support, training, and demonstrations of our products in action; 4) Revenues from STEMretail products. We believe e-commerce sales of kits associated with STEM learning targeting the families of students attending the courses as well as the larger home retail market will provide a boost in Q3 revenues to offset low education sales traditionally anticipated during this time frame.
Recent PCSV News
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