Day In The Life Of A Vending Business Owner!!
ฝัง
- เผยแพร่เมื่อ 30 พ.ย. 2020
- Start Your Vending Business Today!
jaimeibanez.teachable.com/p/v...
Day in the life of a vending business owner 💰
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Social Media:
Jaime:
► / jaimeibanezz
► Snapchat: Jaime389
Liz:
► / lizbethgalvannn
► Snapchat: chatita4ever
Our 2nd Channel:
► / @jaimelizofficial
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
My Vending Equipment:
► New Vending Machines: pages.vending.com/VC-LP-JI-Ho...
► Credit Card Reader: m.nayax.com/jaime-ibanez
► Bill Acceptor Cleaning Strips: amzn.to/2MJd3nm
► Vending Machine Locks: amzn.to/2VIA9xH
► Soda Machine Drink Labels: amzn.to/2Tn9cmD
My TH-cam Equipment:
► Main Camera: amzn.to/2Dt2NPA
► Microphone: amzn.to/2WctwX7
► Monitor: amzn.to/391aE2R
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Check Out These Videos!
► Apartment Tour:
• My New VENDING Apartme...
► My Vending Machine Flooded...
• My Vending Machine FLO...
► Pulling Cash From Claw Kickers Arcade!
• Pulling Cash From CLAW...
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
►Business Inquires: Ibanezmain@gmail.com
Thanks For Watching!!
![ความรักไม่ได้น่ากลัวขนาดนั้น (TRUST ME) - LYKN [ OFFICIAL MV ]](http://i.ytimg.com/vi/9np-lAtCRpQ/mqdefault.jpg)
Y’all like shorter or longer videos?! 🤔
It dose not matter yall are the best
But longer
Chac my youtube
Luisluis1010pubg
Longer videos
An old sales trick: Always get the name of the guy that referred you to someone else. When you go in to talk to that person, say "John told me to come see you to discuss your vending machines". Probably wouldn't have helped in that scenario, but you'd be surprised how many doors that will get you in.
jones effect
@@tsukikageshinobi Not the Jones Effect lol
I love how you included footage of not quite securing the deal. I think it's an important part of being a business owner and that its not all sunshine and rainbows
I would have caught that deal Jaime just got no game
@@earth-mv1zohe makes more than 30k a month son
You’ve been doing TH-cam all this time giving free business tips so you charging is completely understandable. Your time is money and you spent a lot of time on these videos and the course and it is greatly appreciated. God bless bro
TH-cam pays well.
@@luvingg -said by non youtuber
@@JustJman there is plenty of youtubers who put numbers up like Jamie making 60k a year just from TH-cam
@@nickysgaming2311 not world wide but nation wide, meaning they only service in that country/nation not the entire franchise worldwide
you should try and put some in stores like Home Depot, Lowes, etc. I worked in Home Depot and we were alwaysss buying from the vending machines in the break room.
Home Depot has a contract thru canteen vending, nationwide company.
Litterly thought this comment was about to go sideways 😆😜...
@@doedoebirdt912 what does that mean?
@@va1056 it means that they have a worldwide supplier for vending machine so they don’t need more vending machines
True when I worked at Lowe's I used a machine twice a day every workday so did a lot of other employees
The owner of that motel was like “who the f is this kid”
It's always like that haha, that's why i never say im the owner of the company. Business owners usually don't trust younger people.
@@jaimeibanezz hey was that a super 8 motel?
I have a small vending machine business
@@jaimeibanezz Well, it does show they have no respect for the young people!
Regards
Funfair Rentals
The motel might have the basics down: fill it with food, pull out cash. But the first time they have trouble with their vending machine, they are going to be in pain. You could have sold them a vending machine service contract if you've become an expert in all the models. You could even offer to mod their vending machines to accept credit cards and they stay owners of the machine. (At a nice markup of course.)
You my friend with the help of your significant other are a “self-made” man 💯👍
🙏🔥
The fact you're relatively new to vending and you have card readers and remote DEX is awesome. I've seen a lot of large scale companies go without those, or not utilize the remote DEX feature. My parents used to own a vending business and I worked with them up until they sold the company, so I know a ton about all sorts of different aspects. Good luck to you!
younger guys know how to implement tech!
smarter not harder.
Where do you get the vending machines
is it just me or these videos are hella satisfying
Thank you 😁
THAT SHIT ASS XD
Video is full of deceit. He is trying to get you to buy his marketing ideas but does not give out much info into the inner works of vending itself. He shows his best account and best equipment but only mentions in video that he bought some equipment from a guy for 300. The equipment in that video is more 6-10k. He never showed you the 300 dollar equipment. Also he only showed what he made on one account, but fails to talk about net profit.
Hella cringy imo
It got better as I went on lol
You guys were my inspiration to help me and some friends start our own vending machine business. Right now I’m really struggling try to get locations but hopefully we’ll get somewhere soon. Thanks for all the helpful tips and entertainment, keep it up!
Invest in something that will benefit both your business and your customers. Many spend hundreds of dollars for the satisfaction of a fully personalized massage, but you can give your customers the convenient relief they seek for a small fraction of cost. The Gagake ISPA Vending Massage Chair is an effective way for Hotels, Airports, Parks, Shopping malls to make money, attract customers and keep them in your store or business longer.
Starting my vending business 2021! 🥳
Good luck!
Same man me and my friend best of luck to you
@@PiggyFragz good luck!
Good luck!
I would love to do it but it will be expensive because I have to order from another country the price the shipping fee the custom tax to expensive can't afford
I've never seen your channel before, now I'm subscribed. I love the hustle and good energy in this video.
Jaime & Liz, Just want to thank you for all the hard work you both put into putting out videos for your fans. I have subscribed to a few TH-camrs in the past but honestly since i came across your channel i must say you are the best you tuber i have ever subscribed too. What makes you so unique from all the others in my opinion is that you are just being you you don't try to be like everyone else posting the same content as everyone else i love that. In addition your videos are funny, real, and most important inspired to follow your example. Your videos are just awesome. I am your biggest fan. Thank you again Jaime & Liz for changing the way you tube realy should look like i can not wait to celebrate your 1 million to 20 million subs Love you both God bless
this dude needs to cover his van in adverticement and charge fritto lay or coke or someone same with the side of his vending machines then use his social media influence to do a willy wanka thing were one of this items in a vending machine ( he can state the areas and citys not exact adresses ) then he can invite that person to do a full day in the life with him that way its great exposure and its a awsome way to clean out inventory with a Geo cash style search
Actually a really good idea 😂🤔🤔
Not everyone wants the attention. He doesn't want to get carjacked if they think he has big vending machine cash around. I thought the inconspicuous white van was actually on purpose.
honestly this guy is a great host of his channel i like his energy and entrepeneurial spirit, hes inspiring a lot of younger kids that you can be your own boss too its just hardwork and a positive attitude
You have to also take into account you have to pay the credit card fees monthly. You have to be able to fix the machine if it breaks and get parts. You might get a lead that has a drink already and coke or Pepsi might service that drink machine. We have locations where coke services the drink machine and the snack machine still does really well. It’s about the number of people that frequent the business. You also won’t have access to Home Depot, Lowe’s and other big box stores as they have national contracts with vending companies. You also need to think about commissions if they want one, renting a move truck with lift gate or buy one. Vending is not get rich quick as a lot of that money goes out in bills and you need to buy other machines and learn how to keep them clean and working. Also helps to have a backup machines in case one machine can’t be fixed or they don’t make the parts for that model anymore. You also need insurance because if your machine sparks and starts a fire, your responsible. Other than that good luck. Talk to some actual experienced vendors and you’ll see. I’ve been in vending for 14 years.
Lmao calm down you seem upset I’ve been in business for 20+ years those National contracts aren’t that hard it’s about service, reputation and relationships. Most national contracts get assigned to local venders like if your able to provide the service that they need and are reliable. I have machines inside 80% of the Sams Club locations in my city both break room and food court/exit areas, 75% of all LA fitness gyms in my city along with Lowe’s and Home Depot and other big box retailers. This business is all about customer service, reliability and networking.
Most importantly it’s a numbers/volumes game. Enough volume where I buy truck loads from sams/dr pepper/Pepsi for special pricing. So much product Dr. Pepper gives me machines free of charge and access to parts for maintenance at $0 cost. Like I said it’s volume and relationships, yes it’s hard work but the profits are worth it if you do it correctly.
@@cbrrett1731 oh I’m not stressing, I love the vending industry, just keeping it real and that was 9 months ago, way over it.
Ive been vending for 28 years, i come to these videos to laugh at the comments by soo many clueless people.....i do like Jamie's little business and how efficient & organized he is....keep up the hard work
@@King5150Ed after 28 years you’d think you’d get a clue.
@@picklebarrel3974 hey little man, i wasn't referring to you....switch to decaf, Napoleon
I appreciate and love watching all your videos.keep up the great work you inspire me to do better if anything that I am doing and having a positive attitude
Been watching your videos since the beginning and like the idea of your course for new people. My suggestion (and what would make me order the course even having been doing this now for just over a year) would be to have a chapter or two dealing with machine issues and how to fix them. (Replacing card readers, cash boxes, cooling decks, coils and motors, number pads and stuff like that). It might even be a large enough project to make an additional course, one that I would absolutely buy!
Thank you for this video, loads of information!! That hoodie is dope.
Yesss love the longer videos 👍😃
Great feedback and content 👏😊
Loveeee it
Thank you!
They look so happy together . A rider she's helping him elevate
This guy and his knowledge and might of intelligence, It amazes me. Great video bro!
Thanks Nathan 🙏
Thanks for this man! We in the business of placing gaming machines at different locations and have to find locations. This video is very relateable.
Love your videos compa 💯💯motivation la neta. Y i love the fact that you and your girl grind together that’s goals
Def enjoy the longer videos. Great info! Keep going!
Thanks! 😁
Love watching your videos and love that your gf is always there helping you. Started watching when you just started! My dad use to have candy machines when I was younger and every weekend we would go fill them up clean them and collect the money. It was always difficult to find locations. My dad would pay ppl to find locations for him and alot of times we had to pay a percent
Invest in something that will benefit both your business and your customers. Many spend hundreds of dollars for the satisfaction of a fully personalized massage, but you can give your customers the convenient relief they seek for a small fraction of cost. The Gagake ISPA Vending Massage Chair is an effective way for Hotels, Airports, Parks, Shopping malls to make money, attract customers and keep them in your store or business longer.
When she said “what makes u think only guys are gonna start the vending machine business?” I was like “tell him sis” hahaha
Are you saying girls cant get girlfriends?
Yes! Me too lol
I was thinking about that tooHAHAH
That part!
Hey man I support you man I know your doing the right thing keep moving forward bro 👍🏽👍🏽
Step one: get box with lock ✍🏼
Step two: get girlfriend to keep out of box✍🏼
Haha yes!
Y’all are cute and funny . I came for research purposes but I stayed for the fun and money and personalities
Thanks for the info and tips stay safe during this time subscribed The Way she said "hurry up it's cold" hahaha
Thanks! 😁 stay safe as well!
Are you also going to post videos
Ty for showing even when you pitch and they say no. It definetly makes new people going into this business come in with real expectation and show how not everyone is going to say yes and that is completely normal
I just found your content for the first time today you Definitely have a Lotta knowledge and experience. I always wondered what kind of people were behind the vending machines LOL You got a new subscriber here keep up the great job
I love to see highly driven kids! It’s inspiring even for me that I’m in my 30s.
I love all your videos u make Jaime and Lizabeth.. Good Work!!! U guys make me laugh.
VERY WELL ORGANIZED VIDEO. I TOOK GOOD NOTES AND NOW CONSIDERING ATTENDING THE COURSE ! Very Motivational ! THANK YOU !!!
The course is great it's all you need🔥I love it ! 10/10 would recommend 💯
Thanks my guy 🔥
Does the course have startup cost
Who remembers when Jaime left money in a container and threw it away?😂
We dont talk about that 😂
Really wat video
only the OG subs know lol
I was thinking the same thing when he was pouring the money in the box cutout 😂 OG subscribers fosho
@@jaimeibanezz you donated the garbage men and workers lunch
I came across your video last night and decided to try and get into this business. Thank you so much! This might just save my life 💙❤️💙❤️💙
Just Subscribed... Definetely going to look into starting a Vending Machine Business... Thank You Jaime for the motivation 🙏
I love channel Thank you for making this content love you❤️❤️
Thank you!
Haven’t watch this dude in like a year now😭 lemme hop back on the train tho lmao
Yes to a long video of you looking for locations! 🙏
I got you!
This was a great informative video, can’t wait to start my vending machine business
I’ve been watching most of your videos? I’m actually trying to start my vending business and work so basically got to jobs. I already got 4 vending machines so far. I work at a Car Wash in NC and I asked my boss if I can put my soda vending machine here for the customers and employees to enjoy, atm working on finding a snack machine
Where did u get your vending machine from?
I think it could be useful to set up online surveys for different machine locations for the customers to tell you what they want in the vending machines.
The survey is if they buy the item in the machine. :-D The strongest signal is someone willing to plop down cash. For any of those sodas/snacks where 100% was gone between refills, they might consider having two bins with the same flavor.
@@fitybux4664 That requires taking a chance by buying and stocking the product, printing new button cards in certain machines, and if it doesn't sell, you're stuck with it. There's also the opportunity cost of not putting in another product that will sell better. If the location's customers can tell you what they want in the machine, that can alleviate much of that chance, but of course, what customers _say_ they want may not ve what they _really_ want, but I think that customers may like having direct input on what goes in those machines.
Quite An Informative Video,
Keep Up The Good Work 😎👊‼️
Good video Jaime and Liz ! Love when the money flow with Liz ! 👏🍁
Eyyy thank you ! ☺️
Man I’m gonna take your course. You seem like an honest person about your company. Super glad I came across this. Because I just won a lawsuit and I definitely want to put that money into work for me. Man wish me luck good vibes bro.
Hows it going?
6:38 bro you need a ice pack for all those burns she gives you lol. She stay ready with comebacks.
😂😂😂
i just sat through about 6 AD's watched them all. LETS GO JAIME AND LIZ! LMAO
I like the long videos they keep me entertained in class and at home
Great! Haha 😁
12 years old and owns a business, this kid will go far in life
This guy isn't 12
Hi Jaime, Great Video!
Question; How much owners usually charge you to have your vending machine for use in their business location?
Yes you posted I love yall
I run the vending machines in my apartment building. I just asked the building manager & he gave me the okay. So I put one in the laundry room & one in the lobby. I also use a combo machines & just stand alone machines for bottled water. Believe it or not water is my best seller. The best part is that since I live in NYC, my machine is actually cheaper than the stores in the area.
Hey Jaime, I just wanted to know that what are the terms and conditions in which you make a deal for your vending machine locations. Whether you have to pay a rent for the location or you have to pay some percentage to the owner for the location or you pay nothing, means what are the terms and conditions for the location.
Hey Jaime, I just had a few questions on what you use and stuff.
So first off whats the model of your van and how much it costs.
What are the bin names and prices with the yellow tops that you use.
whats the trolley/holder name and price for all your items when going in the locations to restock.
and finally what are the vending machines and prices.
Thanks! btw this comes from an 11 year old who was influenced by you and started his own business selling on the street.
Tip that might help... Y’all should get everything ready the night before and just go early to fill up your machines & less traffic! Lol I just got this idea.. plus it frees up your day earlier
You really started from the bottom and worked your way up man thats awesome
You’re girl is such a cutie pie. I love how she helps you run the business.
Nice attention to detail with the sound effects at 5:07
Wsp wave man
Yoooooo Wave Man Mike
Jaime I love watching you videos they have inspired me and I wanted to say is keep grinding don’t give up on TH-cam or vending and god is going to bless you one day
Thanks a lot Alexis! God bless ♥️
@@jaimeibanezz God has allready blessed you bro your a boss with a boss mentality 💪🏽💯🙏🏽
Congrats on the new machine I hate trying to find new locations myself I just sold 2 of mine that were in storage forever
Yeah it can be hard! But there is easier methods to finding locations!
location is the key and it's exhausting finding a good location!
94.1 LMFAO , they gonna check the charts and think your girl is dieing lmfao
WTF IS A NORMAL TEMPERATURE THEN 😂
@@jaimeibanezz 94.1 is is actually a good temperature for a person someone has a fever at 98.1 so what he said is a lie O.O
@@huskydev4143 That is not a good temperature, lol. Someone with a temp of 94.1 has hypothermia...
@@huskydev4143 Please educate yourself before commenting...
Bro i think the regular temperature is 89.1 i had a temperature of 92 and i felt horrible and sick cant imagine with 94
I never thought about the time business entrepreneurs / mentors put into talking to people. You deserve to charge for your information 😅😅. Thanks for the video!
My Wife and I will be launching our vending machine business in 2022. Definitely like this video and subscribing. Keep up the good work.
this reminds of the time when I used to sell chips and other types of snacks in school I made so much money and it was really fun wish I can do it again
🤟
why u drop this video during finals week its tempting me to drop out lol
Haha sorry 😂😅
Long videos bro‼️ keep up tha grind💯
Love the rap music great vibe playing in the background, Not goin trip if the Sun don’t Shine🔥🔥🔥🔥
Hey! A quick question for you! For every location, do you need to pay the owner a portion of your profits made since the machines are at their location? Also, do you need to pay a portion of their electricity? I just found you and your videos are awesome! My fiancée and I are looking into starting a vending machine business!
It all depends on the location that you're working with. For the most part, I've never seen a business make you pay a portion of their electric bill, but commission is pretty common.
For everything that would keep you awake at night: "Do I have to pay for electricity? What if some idiot tips the machine over and kills themselves? What if the business owner runs off with the machine or has it removed without your OK?"
Always always always have stuff like that in the contract you make them sign.
You discuss & negotiate with the owners of said locations. Some won't care that you take 100% profit. Some will ask for like 10 cents per bag of chips sold. All about your confidence. & it's okay if places say no. You tried & there are other convenient locations to place vending machines. I'm gonna save up & try this asap. It's simple.
I have a very large Vending company. There’s never electricity compensation lol
Percentage of commissions is common but not very often honestly. Also I have some companies who would prefer us helping sponsoring an event for them, whether it’s monetary or providing products or prizes for company Holiday/Christmas party’s I.e prizes (Tv’s, Gift Cards, Ipads, cash prize). Some just request water for staff even have some request fresh fruit weekly. It all depends and varies but there’s obviously a limit to ensure your profitable.
But did I miss how much you spent at walmart and costco to stock to machine? The 475 isn't all profit...or is it?
Something good, and smart, to do is what grocery store employees do. It's called blocking. It's when product is pulled to the front/edge of the shelf and if there's two+ lines of space for the product then at least one piece should be in each line. When stockers restock, they do basically do the same thing. The new product goes behind what's still on the shelf. I would never remove older product and only put in new unless any given piece of older product is expired. However, I'd also do my best to get back to any given location on or before the day product expires.
It's not competing when an already placed machine sells one type of product at a given location and the location would like a machine that sells another type of product. I'd do it. It's the difference between more profit or no profit.
That costco executive card and credit card helps. That cash back from both card and costco really add up. Good prices on product, shelves etc. You gotta dump Sams and get costco. They have business locations that carry more than just generics.
Sams has 2% cash back without even getting the credit card. You can use the credit card to get an extra 2% off. There’s not much Costco locations where im at either 👍
How much do you pay the people for putting the vending machine in there
Fr
Most likely depends on the business
Good question
Depending on the business you put it at and the location most likely the owner will get a percentage that’s negotiated you being the vender in that being your business you should get the most of the percentage and the owner of the building or store establishment your placing your vending machine at should get around 10 to 15% if your a great business man and negotiator anything above 15% your loosing money to much of it especially a vending business unless you got 20 machines in 20 locations you not making much off one or two and the location is very important want to make sure it’s in a busy foot traffic shopping center or a strip mall barbershop hair salon nail salon etc this can be a great business if you do it right and strategic
You’ve inspired me to purchase my own vending machine lol
Good luck! And don’t give up 🔥
Invest in something that will benefit both your business and your customers. Many spend hundreds of dollars for the satisfaction of a fully personalized massage, but you can give your customers the convenient relief they seek for a small fraction of cost. The Gagake ISPA Vending Massage Chair is an effective way for Hotels, Airports, Parks, Shopping malls to make money, attract customers and keep them in your store or business longer.
How are you doing with it?
I like how you put your sodas on the side of the cart! 😆 good packing
This is so awesome gonna buy a machine in the new year super excited! I go to college and I think that I could make a killing putting one on campus! 💰💰
trading as we know it requires lots of practice, In crypto traders either make or loss their life savings in couple of minutes.
another reason I decided to stick with Fiat and Stocks trades only. My doubts on these alt-coins are backed with substantial reason.
Most people don't do research or don't do it properly, My research led me to Ms. Catelyn Norris, a professional broker who offers a way to understand the crypto market.
@@claystonetradingonline5127 honestly this won't be the first time am coming across Ms. Catelyn, seems her reputation precedes her.
I just received my ROI into my wallet through one of her platforms and I am pretty impressed by her strategies there are just unique, am not gonna to say much, Its healthy to take risk especially when in pursuit of success.
@@claystonetradingonline5127 Is there a link to her platform or how can I get in contact with her? I’d love to diversify and try out new investments the ALT coin market
Question: Do you have another hustle? Cause you do need a good amount of vending machines to live off that
I’m sure TH-cam is their other hustle
Similar question, I’ve noticed that they also spend/invest time in driving, buying new drinks and snacks, refilling machines, etc. That too takes time which of course is also $$ in a way.
I enjoyed the video! Thanks for the info.
You should keep doing doing this long videos I like them keep up the good work
How do the credit sales work like do it go straight into your banking or do it get processed some other way? Also Im about to go buy the class now!
Update: i just did it.
#support
Thank you ! & they actually get deposited in our bank account every Friday (: good luck ! ☺️
Jaime really bout his business he always make sure label is pointing she just put the Mount dew like nothing 13:11 lol
Right!! 😂😂
one of the best stocked vending machines I've seen
Exactly what I was looking for
Just Bought the course I can’t wait
Invest in something that will benefit both your business and your customers. Many spend hundreds of dollars for the satisfaction of a fully personalized massage, but you can give your customers the convenient relief they seek for a small fraction of cost. The Gagake ISPA Vending Massage Chair is an effective way for Hotels, Airports, Parks, Shopping malls to make money, attract customers and keep them in your store or business longer.
You missed an opportunity to remind your girl shes hot when you took her temp 🔥 hustle on youngster.. 🤙
But how much of this is the profit? You have to buy the product + fuel for the car - how much this cost?
Exactly
Same with any business. He has another video where he discusses his profit margins.
Thanks for the Tips Jaime & Liz! Good thing Im watching this during lunch break. Lol
You should make a video collecting all locations after a week bro!!! Would be dope. And also u need more content. I watch all ur vids!!
Men I was miss seeing your videos. I was hoping for u to make a video soon. I even pray for u guys. Which is not bad praying 🙏 for u guys
Thank you! God bless 🙏
Thank you for the course, my boyfriend and I are very interested
Good luck! 😁
Like his videos. He is very energetic..im watching content because I am going into the vending machine business too.. but i can only get. 2 used ones for now.. but im excited..
This is nice. Keep it up🤙🔥
I want to start but I cant find an affordable machine to start
Me to its so hard to find a cheap one!!!!!
Check Facebook and Craigslist!
XD se me olvido chekear ahi
Do the businesses charge you a fee for having the machines at their place?
Yes , its called commission
Y’all are fun. Good vid
Always leave a card or flyer with your contact info in case they change their mind. Also, tell them you will check with again in 6 months, a year to see if they are still happy with current service. Note business and circle back around and check in with them. Tips I learned from 20+ years of Sales.