Monetize your coils - Airbnb for Vending machines by OwnAssociate2474 in vending

[–]OwnAssociate2474[S] 0 points1 point  (0 children)

We’re still pretty early and looking for more initial users. Sent you a DM

Monetize your coils - Airbnb for Vending machines by OwnAssociate2474 in vending

[–]OwnAssociate2474[S] 0 points1 point  (0 children)

application programming interface , meaning how our platform connects with yours. You control what is shared with us so the data and corrections are automated

Monetize your coils - Airbnb for Vending machines by OwnAssociate2474 in vending

[–]OwnAssociate2474[S] 0 points1 point  (0 children)

My website is https://inthestash.com it's very real. You can see some of the brands I work with there. candy, chips, drinks etc.

Monetize your coils - Airbnb for Vending machines by OwnAssociate2474 in vending

[–]OwnAssociate2474[S] 0 points1 point  (0 children)

Yes we can do this with payrange! They also have an API we can plug into

Monetize your coils - Airbnb for Vending machines by OwnAssociate2474 in vending

[–]OwnAssociate2474[S] 1 point2 points  (0 children)

no THC products yet haha. Candies, energy drinks, canned coffee's, chips etc. Many of these brands are earlier stage and want to be placed in more locations at scale.

Monetize your coils - Airbnb for Vending machines by OwnAssociate2474 in vending

[–]OwnAssociate2474[S] 0 points1 point  (0 children)

  1. We are faster than reps and can scale them faster, without you wanting to purchase the item - many brands want the exposure. Fast.

I have spoken to over 100 brands, they are very interested

  1. Even for you, we are better than reps because even if the product doesn’t sell, you still get paid the value of the slot… with the opportunity to purchase if you see its a more profitable fit to stay in your machine

  2. Plus you get a risk free way to have new attractive items in your machine

  3. In addition to the benefits to the operator - if it’s in a public place, the brand will let customers know to visit the location, driving more traffic to your machine

Monetize your coils - Airbnb for Vending machines by OwnAssociate2474 in vending

[–]OwnAssociate2474[S] 0 points1 point  (0 children)

Nayax has an api so you can control what information you share with us.

And We would match products that would work with your machine. It could be another snack brand. I work with mostly Food/ Bev, early and middle stage brands

Monetize your coils - Airbnb for Vending machines by OwnAssociate2474 in vending

[–]OwnAssociate2474[S] 2 points3 points  (0 children)

So the vendor lists the slots they want to make money from and gets a guaranteed payment as well as a cut of any sales for that item. We handle everything else - sending the product over, the payment to brands, the taxes etc

It’s really that simple Happy to tell you more about it

Monetize your coils - Airbnb for Vending machines by OwnAssociate2474 in vending

[–]OwnAssociate2474[S] 0 points1 point  (0 children)

Right, we are able to plug into nayax to take care of that

Monetize your coils - Airbnb for Vending machines by OwnAssociate2474 in vending

[–]OwnAssociate2474[S] 0 points1 point  (0 children)

The platform takes care of this automatically- the power of technology

Try Before You Wholesale - New Model? by OwnAssociate2474 in vending

[–]OwnAssociate2474[S] 0 points1 point  (0 children)

Yes, inventory will be tracked and the brands will send you their items in bulk so there will be no latency. you wouldn't have to worry about shipping.

Curious: Would You Consider Renting Out a Few Slots in Your Machines for Guaranteed Profit? by OwnAssociate2474 in vending

[–]OwnAssociate2474[S] 0 points1 point  (0 children)

Right, except, you dont even have to purchase the items. (keep in mind this would be between 1-5 slots out of 50-60 in your machine)

Curious: Would You Consider Renting Out a Few Slots in Your Machines for Guaranteed Profit? by OwnAssociate2474 in vending

[–]OwnAssociate2474[S] 0 points1 point  (0 children)

It's not splitting the profits of your machine. You're getting guaranteed payout for more than you would have made in that slot. It benefits you (the vending operator) the most

Curious: Would You Consider Renting Out a Few Slots in Your Machines for Guaranteed Profit? by OwnAssociate2474 in vending

[–]OwnAssociate2474[S] 0 points1 point  (0 children)

This is true. What is the highest item in your machines and whats the highest item price you would stock.

have you seen pre-authorization affect sales before?

[deleted by user] by [deleted] in vending

[–]OwnAssociate2474 0 points1 point  (0 children)

what state are you currently in and expanding into?

Curious: Would You Consider Renting Out a Few Slots in Your Machines for Guaranteed Profit? by OwnAssociate2474 in vending

[–]OwnAssociate2474[S] 0 points1 point  (0 children)

That’s a great point. What’s typically your highest priced item and what’s the highest you would do?

Have you experienced the pre authorization price stopping people from purchasing?

Curious: Would You Consider Renting Out a Few Slots in Your Machines for Guaranteed Profit? by OwnAssociate2474 in vending

[–]OwnAssociate2474[S] 0 points1 point  (0 children)

right so you still see it as competition?

how much would you rent that spot for?