Top 3 Reasons people fail at vending
Let me know your thoughts below!
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Do you still service your route regularly yourself? At what point did you hire your first employee? How many employee/partners do you have? What is the best way to pay an employee in this business? Hourly/by machine serviced? Great videos, keep em coming!
I bought a dixie narco 276 made in 1992 for $250 to start in 2019 and from its sales I now have 17 machines and and am making 75000 a year and I have never had any issues with the 276 at all
@Podcastforthewin
8 ай бұрын
I got a bunch of older Pepsi machines and those American made machines for snacks and combos, and they’re older, but reliable as hell.
@raymondabrego5621
Ай бұрын
How much of the 75k are you keeping ? What I mean is how much profit?
I would definitely agree that "passive" is not a good term to describe vending. A lot of manual labor involved. I own a route, and the best part is the flexibility. I never have to ask for a day off. I also agree to not take on small locations like barber shops or small car care centers, even as a new vendor. These locations are easy to get for a reason, they are not profitable. Good info here!
@Podcastforthewin
8 ай бұрын
Man, i found out the hard way. I have a couple dealerships on my route, in a small town. But i find the moment those guys slow down with their work, the more they start picking on us. When they’re bored, they try and find things to complain about. I just had one owner basically bs his way out of our machine.
i did vending from 2003 to 2012 some of what you say is true how ever they didnt have card readers then that i know of ,i moved all my machines even the ones from the bottlers the reason i got out was couldnt compete with the bigger companys canteen mainly and the economy kept going up and down prices on products keep going up as well
@theheartyaerie
Жыл бұрын
Too be fair card readers weren’t as popular back then and didn’t really start being a thing until the last few years that you were in it.
Very helpful video man! Thank you for sharing this info. I will be purchasing the document starter pack tonight!
You truly did save that one customer hundreds of thousands of dollars. Thank God you steered him away from buying that outdated route!
Thank you so much! This is very very helpful ❤I appreciate you for sharing this information!
I love the comparison to lawn care. I’m going to start using that.
@hillvending
2 жыл бұрын
Yes!
I like the tracker trailer comment. That really hit home. Thanks
Thanks for this. Just started and this was helpful! Sharing a vid on maintenance program (how often / what you do) and any training ops docs you give to your team (like their routine onsite during a fill- eg do they test vend in addition to loading?, noting products moving? Etc).
I’m in vending I’m 19 my dad just gave me 6 of his vending machines 2 are at a bank building in downtown Toronto and the other 2 are at a dealership I do regular service on it and my first return did fine but I need card readers but some are old machines so kinda stuck
Great info
Thank you for the honesty maybe someday you can write a policy for this field of business😊😊
Wish I had seen this channel before I got into the business. Great content! Also I’m curious on your thoughts on the new smart Swift vending machines. Also are you going to Nama this year?
@hillvending
2 жыл бұрын
Thanks! Haven’t seen those machines yet, probably not going to nama
Great analogies
But my first machine about a week ago when do you think would be a good time to buy a second one. I already have a promising location in mind but don't want to "jump the gun"on it.
The best advice if you want to get started in vending: DO NOT buy cheap, old, out-dated vending machines. They WILL NOT make money! Start out small- buy 1 good new modern machine that locations want. You WILL NOT get good high-traffic locations with old outdated machines!
Hi there Adam , just joined you channel, . Loads if tips to follow . Just got my fisrt machine , but should if checked it out first properly 😢 . Some of the trays work. Cut a long stories short . Know one wants to fix it. Automotive products , snackshop 112 1996 vintage .So trying to sort the problems out my self . Keep up the good work. Next time I buy one is going to be off a proper seller. Cheers
This is awesome 😊
What’s your advice as far as buying a used vs new machine for first time buyer
If you are looking at a profit and loss, for a vending business you are considering for purchase, how do you tell if it is legit or bogus?
Thanks!
@hillvending
Жыл бұрын
No problem!
I’m interested in what’s kept you from taking on coffee and water services for some of your locations. Just kind of seems like easy extra money if your already there
@hillvending
2 жыл бұрын
Yes definitely opportunity out there! Most of our accounts have a 3rd party vendor
@calebhoney6159
2 жыл бұрын
@@hillvending Yes, all of my accounts at the moment already have coffee/water service somehow. Would love to get into it though
@dawnmarie7302
Жыл бұрын
@@calebhoney6159 good coffee equipment is expensive, people want new fangled machines with touch button to get latte, cappuccinos, espresso. Upkeep of the machines more than other machines. Knowledge is needed to fix the machines (plumbing, etc).
@danp5953
Жыл бұрын
Yea, it seems like most businesses use a dedicated coffee vendor..one that specializes in coffee, and they have a separate vendor for snacks and drinks. Speaking to some people who have been in the vending game for several years, I have been told that coffee machines are expensive and have more maintenance issues than snack or drink machines. Things like hose leaks, etc.
Just started last month....you definitely need some type of sales skills and basic business education.....such as finding locations and setting up a account to get credit card readers and access to WiFi or get 4g coverage to send the transactions! Also supplies! ... that's why they quit after buying the machines
@hillvending
Жыл бұрын
Totally agree!
@robertkelley7678
Жыл бұрын
WHAT ARE GOOD QUILTY MACHINES? CAN YOU LIST GOOD QUALITY MACHINES PLEASE???
@salahuddinmuhammad3251
Жыл бұрын
We live in the greatest Information Age ever. Kill the rat race, become an entrepreneur.
@robertbrown5842
5 ай бұрын
@@robertkelley7678 Please Answer This!!!
@danp5953
Ай бұрын
He has talked all about this in his other videos many times@@robertkelley7678
What is the best way for someone who is still in the 'education stage' of their business, who has not purchased any machines yet, to determine which machine brands and models are best? Are there any sites or ways to gather that information? Is this something you cover in your ebook at all?
What would you say are your favorite machine brands? I have the option of buying refurbished dixie-narco's with credit card reader for about 1500 near me and wondering if you think this is a good deal.
Good Stuff
Can you buy and put on locations a vending machine without a business or llc.
TIP!!!! Make sure the vending machine is MDB and not exec. This way you can set stock
@ItsAsparageese
Жыл бұрын
Can you elaborate on what this means? To someone still learning about the industry (or at least to me lol) "MDB" & "exec" don't mean anything clear without more context. I'd love to learn from your tip if you're down to clarify!
@CapybaraRobl0x
Жыл бұрын
@@ItsAsparageese Basically if your machine is MDB (1 lead from the coun mech to the machine) you can see the stock level of the machine on the NAYAX card reader but if you have exec (2 leads from the coin mech to the machine) you can't see the transactions or the cash transactions
@ItsAsparageese
Жыл бұрын
@@CapybaraRobl0x Ah gotcha, thanks so much for responding! That's still a little jargony, but now the overall idea is much clearer & this gives me enough context to be able to google further detail! I appreciate it!
I am thinking about getting into this business. I want to hear all the good and bad.
What are the downsides of fresh vending from the client and franchise point of view? I’ve heard you mention this a few times. Thanks
hi ..is this a business a woman can do and also are card readers hackable ? can someone install a scaner and steal customer info and drag you into a mess of an investigation ?
It’s an interesting business but I wouldn’t begin to know how to write up a contract, or handle the legalities.
If you buy a vending machine with a credit card reader already installed , what is the process for the new owner to gets its 💰 money
What machine can you suggest for newbies
Does anyone have "specialty" vending machines? Ex beauty supplies, medical PPE etc.
There's a vending machine next to where i work and where it sits it's not being used and i asked did it they want to sell it they said they would let me know, but I'm thinking about making them an offer on it and take it over and maybe generate alittle income at first and see where it goes, Tell me what you think, Thanks
Anyone have any links to websites that offer printable questionnaires to give to potential locations to see what their snack and drink preferences would be?
I got my Frist machine what site the best to buy parts
I have an old style machine we got for my son and I cannot get it to dispense. Can anyone help?
Subscribed when you said, 'banana water' lololol
@hillvending
Жыл бұрын
😂
How do you prevent customers from copying you and moving you out from profitable locations?
P.s how do i get hild of , your ebook ? Cheers mate .
"All hat and no cattle" LMAO
@ItsAsparageese
Жыл бұрын
Such a great turn of phrase lol
To get a $3-4K a month in sales, how much foot traffic per day is needed?
Good morning fellow Vender 😊
@hillvending
2 жыл бұрын
Hello!
Lam going to buy account for 5k and the account have 3 machines and have credit card proof of 700$ month the location is assisted living facility do you think that is good buy?
Hey man... I just gotta tell you... You are doing something wrong with your SEO or Hashtags or something. I've been heavily researching Vending over the last couple months, and actively searching for KZread/Instagram/TikTok/Internet content to watch/consume, and today is the first day any of your videos popped up, and your web page never popped up during any of my searches. I'm happy I finally found it, but I literally bought a different training program 2 days ago. Anyhow... Thanks for the great content... Hopefully this is somehow helpful.
@hillvending
2 жыл бұрын
Yes, thank you for the feedback ill have to look into that!
@racheaknowles6
Жыл бұрын
So true I am getting back to an it’s a good thing I had info But I didn’t see any info from you throughout my huge search. Need to speak to you please provide info
at what price do you rent the spaces for the machines
@theheartyaerie
Жыл бұрын
In most cases you don’t pay for the location.
Adam we have purchased a brand new Seaga SM2700 now we pray it’s better then everyone say that it garbage brand if you can share whose your best choice because we are growing
buy me a change machine to sit next to my machine so people can spend them quarters. i need change machine that steals one quarter for every transaction. help
Tamper Bay! Best city in the world!
I have a question. (if your able to answer that would be great but if not thats ok as I'm being kinda aggressive on finding the answer and will hopefully find it) do you have to have a license for 1 toy vending machine and a location to sell small toys in said vending muchine. I'm planning to do it by myself, I look, watched and studied a little on how to fix it, noone else will be working on it. I just wanted to test the waters and see if its something I want to do for an actual business.
@sydneyaf1117
Жыл бұрын
If you are operating any type of service you should definitely decide on the most appropriate business structure for yourself. Many people select a limited liability company LLC. The importance of this is to protect yourself, as the owner, from being sued and potentially losing your personal assets, savings, house etc. With an LLC, your company is an independent entity. In the state of New Jersey it only costs $125 to apply for an LLC. You should also consider a general liability insurance policy. They range from $25 to $100 per month. Should a machine fall over and injure someone you will need protection.
@ItsAsparageese
Жыл бұрын
That depends entirely on your state & county laws. Most do regulate vending businesses, & issue licenses as a means of supervising compliance with things like having liability insurance in case someone gets hurt using your machine, that you're not selling moldy food, et cetera. So yep, you will need a license in most places.
20:00 sounds like you bought a list of someone elses problems. yikes Enjoyed your analogy with lawn care.
Hey Hill
@hillvending
Жыл бұрын
Hello!
Is a post office a good location?
@Tony-Plinkett
Жыл бұрын
Where would the machine be located? In the employee breakroom or in the public area?
Hey man how many locations do you have?
@hillvending
2 жыл бұрын
30-40 at any given time...
What's a good machine for trading cards like Pokémon?
@londonbsing
Жыл бұрын
Medicine Vending Machine, unit dose medicines, Li'l MedicMedicine Vending Machine, unit dose medicines, Li'l Medic
@londonbsing
Жыл бұрын
i seen another machine similar to this but its bigger
AMS ❤️❤️❤️
How can I find out about your course
@hillvending
Жыл бұрын
hillvending.com/course
where's the course?
@hillvending
2 жыл бұрын
Hillvending.com/course
Pinnacle
The whole he’s talking over he’s selling his website., not much info to learn about., it’s like a click bait
Thank you so much I bought the $27 program in the $97 program I just started I don’t have a machine I don’t have a location but I wanted to see if there’s any way to contact you for mentorship
I watch a lot of your videos.. I have a question to start making money if you don't have a lot to invest to start would you even consider candy machines with 50 mechanisms??? Just to start making money fast?