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Best Revenue Streams for Hockey Businesses

July 6, 2023
Hockey revenues
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Calling all hockey programs! What are your current revenue streams? Are you doing all you can for revenue? Are you looking for new ways to generate profits? Or maybe you want to take your coaching program as a full-time job. Whatever it may be, finding new revenue ideas can be intimidating. That's where this article is here to help. Below we will cover five different revenue streams you could implement in your hockey program to take it to the next level.

Synthetic Ice

Synthetic ice is a plastic material that simulates the surface of real ice. This allows players to hone their skating skills, and you don't have to worry about the cost and availability of ice. Adding synthetic ice shooting sessions to your program is a great revenue option because of the flexibility. With synthetic ice, you can offer a very flexible schedule and even have multiple shooting lanes operating simultaneously, maximizing your time. Synthetic ice sessions are a popular way of training athletes and provide the ability to coach at any time of the year.

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Skating Treadmill

Skating treadmills are another excellent revenue stream for your hockey program. These devices allow players to simulate skating movements while remaining stationary, allowing coaches and trainers to observe and correct technique. Skating treadmills can be helpful for players struggling with their skating and needing individualized attention or players looking to reach the next level in their hockey career. Once again, ice availability can be hard, so take advantage of what you and your program can offer without it.

Dryland Training

Dryland training refers to exercises performed off the ice, such as strength training, agility drills, and cardio workouts. You may think this is a given, but Dryland training is overlooked by many hockey programs. Development off-ice is extremely important to building fit and well-rounded athletes. Dryland training can be a significant revenue stream for hockey camps because it requires minimal equipment and can be performed in various settings. Offering specialized training that caters to specific positions or skill levels will give you a competitive advantage over your competitors

1-on-1 Training

Offering 1-on-1 training can be a lucrative revenue stream for hockey camps. This type of training allows coaches and trainers to provide individualized attention and feedback to players, which can help them improve their skills more quickly. By offering 1-on-1 training, coaches can charge a premium for their services and knowledge to generate higher revenue per player. They can also provide specialized training programs that cater to specific positions or skill sets, giving you a competitive advantage over your competition in player development.

Memberships

This revenue stream is not a service like the others we mentioned. However, offering memberships to your customers can be a great way to generate recurring revenue for hockey programs. Having memberships that provide credits to access above mentioned services will build a loyal customer base and generate predictable revenue. You can also offer discounts and other perks to members, which can help attract more players and increase revenue over time.

Hockey camps can benefit from a range of revenue streams, such as synthetic ice sessions, skating treadmills, dryland training, memberships, and 1-on-1 Training. By integrating these into their programs, coaches can attract a more extensive player base, increase revenue, and offer a more personalized and immersive training experience.

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