Top 3 Reasons people fail at vending

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  • čas přidán 16. 07. 2024

Komentáře • 101

  • @danp5953
    @danp5953 Před 2 lety +20

    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!

  • @timothynorthrup5211
    @timothynorthrup5211 Před rokem +13

    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
      @Podcastforthewin Před 8 měsíci

      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
      @raymondabrego5621 Před měsícem +1

      How much of the 75k are you keeping ? What I mean is how much profit?

  • @TheGumbsBrand
    @TheGumbsBrand Před rokem

    Very helpful video man! Thank you for sharing this info. I will be purchasing the document starter pack tonight!

  • @danp5953
    @danp5953 Před rokem +9

    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
      @Podcastforthewin Před 8 měsíci +1

      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.

  • @alanunseld4942
    @alanunseld4942 Před 2 lety +14

    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
      @theheartyaerie Před rokem +2

      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.

  • @ayanakendrick8967
    @ayanakendrick8967 Před rokem

    Thank you so much! This is very very helpful ❤I appreciate you for sharing this information!

  • @AllStarFilms
    @AllStarFilms Před 2 lety +1

    I like the tracker trailer comment. That really hit home. Thanks

  • @mikeobryant3367
    @mikeobryant3367 Před 2 lety +5

    You truly did save that one customer hundreds of thousands of dollars. Thank God you steered him away from buying that outdated route!

  • @dennisdunn7785
    @dennisdunn7785 Před 10 dny

    Great info! Thank You.

  • @calebhoney6159
    @calebhoney6159 Před 2 lety +8

    I love the comparison to lawn care. I’m going to start using that.

  • @grantbarkey1776
    @grantbarkey1776 Před 11 měsíci

    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).

  • @NewAgrarian
    @NewAgrarian Před 2 lety +1

    Great info

  • @markprice6493
    @markprice6493 Před 7 měsíci

    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

  • @royalpastry502
    @royalpastry502 Před rokem +1

    Thank you for the honesty maybe someday you can write a policy for this field of business😊😊

  • @NoneofURBiz297
    @NoneofURBiz297 Před 2 lety +4

    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
      @hillvending  Před 2 lety +1

      Thanks! Haven’t seen those machines yet, probably not going to nama

  • @RealALX
    @RealALX Před 2 lety +7

    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

  • @mikeobryant3367
    @mikeobryant3367 Před 2 lety +1

    Great analogies

  • @ayanakendrick8967
    @ayanakendrick8967 Před rokem

    This is awesome 😊

  • @lukewilliams4203
    @lukewilliams4203 Před rokem +5

    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.

  • @kellycalvo92
    @kellycalvo92 Před rokem

    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?

  • @zenquester3896
    @zenquester3896 Před 14 dny

    Want to get into this business. What are the quality brands? You get what you pay for so what is the best for drink machines? I hope you see this even though it's been so long.

  • @gianny1457
    @gianny1457 Před rokem +2

    What’s your advice as far as buying a used vs new machine for first time buyer

  • @Kingiscoming
    @Kingiscoming Před rokem +1

    Thanks!

  • @psychic9536
    @psychic9536 Před rokem

    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.

  • @austinm2032
    @austinm2032 Před 10 měsíci

    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

  • @classic-hb8vs
    @classic-hb8vs Před rokem

    I am thinking about getting into this business.
    I want to hear all the good and bad.

  • @michaelmooney9662
    @michaelmooney9662 Před rokem +1

    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?

  • @brandonvonbo9708
    @brandonvonbo9708 Před 2 měsíci

    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?

  • @kevindurban2419
    @kevindurban2419 Před rokem +1

    Can you buy and put on locations a vending machine without a business or llc.

  • @gamingboxervideogames
    @gamingboxervideogames Před 5 měsíci +1

    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!

  • @47Boney
    @47Boney Před 8 měsíci

    What machine can you suggest for newbies

  • @coffeeblogger7441
    @coffeeblogger7441 Před rokem +15

    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
      @hillvending  Před rokem +3

      Totally agree!

    • @robertkelley7678
      @robertkelley7678 Před rokem +3

      WHAT ARE GOOD QUILTY MACHINES? CAN YOU LIST GOOD QUALITY MACHINES PLEASE???

    • @salahuddinmuhammad3251
      @salahuddinmuhammad3251 Před rokem +3

      We live in the greatest Information Age ever. Kill the rat race, become an entrepreneur.

    • @robertbrown5842
      @robertbrown5842 Před 5 měsíci

      @@robertkelley7678 Please Answer This!!!

    • @danp5953
      @danp5953 Před 2 měsíci

      He has talked all about this in his other videos many times​@@robertkelley7678

  • @calebhoney6159
    @calebhoney6159 Před 2 lety +8

    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
      @hillvending  Před 2 lety +2

      Yes definitely opportunity out there! Most of our accounts have a 3rd party vendor

    • @calebhoney6159
      @calebhoney6159 Před 2 lety +3

      @@hillvending Yes, all of my accounts at the moment already have coffee/water service somehow. Would love to get into it though

    • @dawnmarie7302
      @dawnmarie7302 Před rokem

      @@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
      @danp5953 Před rokem

      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.

  • @jluc155
    @jluc155 Před 2 měsíci

    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

  • @omenriver2399
    @omenriver2399 Před rokem

    Good Stuff

  • @markprice6493
    @markprice6493 Před 7 měsíci

    P.s how do i get hild of , your ebook ? Cheers mate .

  • @joegamez2329
    @joegamez2329 Před 2 lety

    I got my Frist machine what site the best to buy parts

  • @marymiller155
    @marymiller155 Před 6 měsíci

    I have an old style machine we got for my son and I cannot get it to dispense. Can anyone help?

  • @frankrester3727
    @frankrester3727 Před 11 měsíci

    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

  • @avrigolan5292
    @avrigolan5292 Před 6 měsíci

    How do you prevent customers from copying you and moving you out from profitable locations?

  • @brandonvonbo9708
    @brandonvonbo9708 Před 2 měsíci

    To get a $3-4K a month in sales, how much foot traffic per day is needed?

  • @CapybaraRobl0x
    @CapybaraRobl0x Před rokem +3

    TIP!!!! Make sure the vending machine is MDB and not exec. This way you can set stock

    • @ItsAsparageese
      @ItsAsparageese Před rokem

      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
      @CapybaraRobl0x Před rokem +1

      @@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
      @ItsAsparageese Před rokem

      @@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!

  • @theheartyaerie
    @theheartyaerie Před rokem +2

    It’s an interesting business but I wouldn’t begin to know how to write up a contract, or handle the legalities.

  • @tonyu349
    @tonyu349 Před rokem +1

    Subscribed when you said, 'banana water' lololol

  • @osmanychinea7649
    @osmanychinea7649 Před 2 lety +3

    at what price do you rent the spaces for the machines

    • @theheartyaerie
      @theheartyaerie Před rokem +3

      In most cases you don’t pay for the location.

  • @UrbanSpinster
    @UrbanSpinster Před 11 měsíci +2

    Does anyone have "specialty" vending machines? Ex beauty supplies, medical PPE etc.

  • @goldleafvending1490
    @goldleafvending1490 Před rokem

    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?

  • @Differ220
    @Differ220 Před rokem

    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
      @sydneyaf1117 Před rokem

      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
      @ItsAsparageese Před rokem

      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.

  • @whoahorseywhoa4685
    @whoahorseywhoa4685 Před rokem +3

    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 ?

  • @stefanpior544
    @stefanpior544 Před 2 lety +1

    Good morning fellow Vender 😊

  • @londonbsing
    @londonbsing Před rokem

    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

  • @andrewfjoy
    @andrewfjoy Před 2 lety +5

    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 CZcams/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
      @hillvending  Před 2 lety +2

      Yes, thank you for the feedback ill have to look into that!

    • @racheaknowles6
      @racheaknowles6 Před rokem +1

      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

  • @oldmanketchum
    @oldmanketchum Před rokem

    What's a good machine for trading cards like Pokémon?

    • @londonbsing
      @londonbsing Před rokem

      Medicine Vending Machine, unit dose medicines, Li'l MedicMedicine Vending Machine, unit dose medicines, Li'l Medic

    • @londonbsing
      @londonbsing Před rokem

      i seen another machine similar to this but its bigger

  • @AllStarFilms
    @AllStarFilms Před 2 lety +2

    "All hat and no cattle" LMAO

  • @thatchicagokiddarius3567
    @thatchicagokiddarius3567 Před 2 lety +1

    Hey man how many locations do you have?

  • @aloharay
    @aloharay Před rokem

    20:00 sounds like you bought a list of someone elses problems. yikes Enjoyed your analogy with lawn care.

  • @CharlieOmega
    @CharlieOmega Před 2 lety

    Is a post office a good location?

    • @Tony-Plinkett
      @Tony-Plinkett Před rokem

      Where would the machine be located? In the employee breakroom or in the public area?

  • @47Boney
    @47Boney Před 8 měsíci

    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

  • @agent-ht5ri
    @agent-ht5ri Před rokem +1

    Tamper Bay! Best city in the world!

  • @dlo4262
    @dlo4262 Před 2 lety +1

    where's the course?

  • @jamesruss9200
    @jamesruss9200 Před rokem +1

    Hey Hill

  • @lindadaniels4205
    @lindadaniels4205 Před rokem +1

    How can I find out about your course

  • @therookieentrepreneur8195

    AMS ❤️❤️❤️

  • @billyRT2022
    @billyRT2022 Před 11 měsíci +2

    The whole he’s talking over he’s selling his website., not much info to learn about., it’s like a click bait

  • @michaelfelder5334
    @michaelfelder5334 Před 2 lety +1

    Pinnacle

  • @royalpastry502
    @royalpastry502 Před rokem

    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

  • @HomesteadingWithKen
    @HomesteadingWithKen Před 4 měsíci

    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?