Minis are definitely the way to go if you want to get started doing arcade or vending machines. The only cheaper way to get started would be gumball capsule type machines but they don't usually do that well by themselves and only work as an add on for an existing location.
If you have one of the big bubble pedestal gumball machines and you set it at an ice cream shop or something like that, I'd ask the owner if they'd be willing offer a free small cone to customers if they use the machine and get a specific color gumball. Can help increase sales in the machine and their commission would be greater as well and could possibly attract customers to their shop for a chance of a free cone.
Great video!! I recently sold my full line vending including my locations. For me it was the time involved to shop for the vending machines in order to get the best deals. Minis are so much better!!
lets not forget that full line is harder to get locations in general. As compared to mini machines. Just more options because it's size and because it's not perishables
We will be entering the world of arcades and claw machines soon. YOU actually got me interested in this new venture. I watch your videos and you just seem to be an honest sincere individual. I thank you.
Thanks for such kind words! I hope i could help with sharing my thoughts and experiance. I would love to do an arcade myself someday =) i wish you great success!
Obviously the initial investment of the machine itself is significant but the long term profitability really depends on the price per play, cost of the prizes, and the probability of the payout strength. Right now I have a 50 cent per play mini, the cost of my prizes range from around 50 cents to $1.25 each, and I have probability set to 1/4. Is this about what everyone else has things set to? Interested in learning more about recommendations for this
Listening to friends and family about this type of business has been discouraging. I"m looking at bulk candy and claw machines and common theme is people don't carry cash anymore and most places already have them. For bulk candy I think that statement is pretty true but I"m not so sure mini claw machines are placed in all locations that are profitable and willing to take a machine.
I agree with extreme Vinding. That's why I belly sold all my Full line machines. Also it is possible to make $800 a month true vinding just posted a short video Showing them collect just shy of 800 from a Mega Mini Claw machine
My last question would be. In the UK everything is becoming cashless... EVERYONE uses card now unless you're of an older generation. Are there options to buy mini claws with a card machine and how would you set the whole process up?
You can purchase and hook up credit card readers... they support Nayax. I actually have 8 mega mini that are arrive here in the next few days... i am going to try and make a video installing the nayax credit card reader and post a video of it. It is new to me so hopefully that video can show you the process of adding a cred card reader.
I'm a locator I close 50% of places I pitch mini cranes to. I could never do that with snack/soda go with mini cranes. That being case it's not as easy as you think the big boys are getting into mini cranes and they do not play. IE google NEN.
Suppose you gross $500 with 2 machines as you mentioned near the end of the video. How many prizes would have been won and how much would they have cost you? What would be your net after cost of goods sold and paying the owner of the location? BTW, I subscribed to your channel. :-)
This video answered so many questions for me. Thank you so much for the info. I'm wondering about the quality of the machines from China versus the US. I'm thinking of purchasing mini claw machines and other types of arcade machines as I am planning to invest in an arcade family entertainment center, so I'm just wondering if you have any thoughts about it? If you were to make an arcade center, would you buy the machines from China or the US?
Well kinda a funny thing . All the usa suppliers gets their machines from other countries... so no matter what you get your machines from out of country... the benifit of a usa reseller is you get your machine with in weeks instead of months.
I ordered 10 full size claw machines from Rainny. Thank you for the supply recommendation. Curious, how many times do you have to go collect and restock? Every week or every 2 weeks? .. and do you ever have any maintenance issues? Thanks a lot
The larger machines, i probably have had 0 problems in the 3 years... other than basic things like coin jams or bill accpector jams. You purchased 10 larger machines! That is incredible. Did you get the xtreme discount?
@@XtremeVending thanks. Yeah i just joined the the discord. I didn’t use the discount code 🤦🏻♂️.. but i did get like $100 from an alibaba discount. Anything is better than nothing though. This channel is so underrated 👍🏻
I would love to try my hand at claw machines, but I just don't have $1k to drop on a machine. How can someone go ahead and get funding to start? I'm on disability and it just doesn't pay enough to live off of and I need a way to make money, but you can't make money without spending money I guess. I'm also in Arizona.
What part of Az? I have some older machines i can sell... but honestly i got my friend involved who also is on disability with a discover card... they offer 0apr for like 15 months refer.discover.com/s/DAVID12124734
Hey mate, great video, I just recently bought one of these, and while it worked for many plays it doesn't want to go up and down anymore. At first I thought the string was tangled from an unfortunate grab (which I believe is partially true as I was able to fix this, the string is now not tangled.) However upon turning it on, the up and down still doesn't work, Left right, side to side and grab all work fine. Do you know what could be the problem?
@@XtremeVending i got it from alibaba, and after testing i do think the motor for the up and down has died, do you know how to replace it, i assume the seller will send me a replacement motor but im clueless on how to take apart the wheels, i know there is some soldering involved for the two wires which i can ask a friend to help with.
The locks look kind of flimsy. I have seen machines on which you can install bigger, more secure locks. An absentee owner location such as a laundromat makes it easier for thieves, so you units need to be secure. Laundromats are good. They provide entertainment for people waiting for their loads and they usually carry lots of change. They can also get change from the laundromat bill changer machine. Thieves usually avoid machines where there is lots of foot traffic, such as a grocery store or restaurant.
Minis are definitely the way to go if you want to get started doing arcade or vending machines. The only cheaper way to get started would be gumball capsule type machines but they don't usually do that well by themselves and only work as an add on for an existing location.
I agree with this 100 percent... pin this comment
If you have one of the big bubble pedestal gumball machines and you set it at an ice cream shop or something like that, I'd ask the owner if they'd be willing offer a free small cone to customers if they use the machine and get a specific color gumball. Can help increase sales in the machine and their commission would be greater as well and could possibly attract customers to their shop for a chance of a free cone.
Great video!! I recently sold my full line vending including my locations. For me it was the time involved to shop for the vending machines in order to get the best deals. Minis are so much better!!
Thanks for sharing!!! Yeah Full Line it hard! Minis are easy mode =)
lets not forget that full line is harder to get locations in general. As compared to mini machines. Just more options because it's size and because it's not perishables
Exactly! It is crazy to think how much money a Mini can make, THE ROI is so fast
We will be entering the world of arcades and claw machines soon. YOU actually got me interested in this new venture. I watch your videos and you just seem to be an honest sincere individual. I thank you.
Thanks for such kind words! I hope i could help with sharing my thoughts and experiance. I would love to do an arcade myself someday =) i wish you great success!
Love your long analytical videos. Ive learned a lot from them
Loved this vid and the insight to the ROI for different machines, nice on David!
Thanks, yeah i wanted to inform others about the roi hahah
First Comment -- Awesome video buddy great overview of the business
Thanks for commenting and the support
Obviously the initial investment of the machine itself is significant but the long term profitability really depends on the price per play, cost of the prizes, and the probability of the payout strength. Right now I have a 50 cent per play mini, the cost of my prizes range from around 50 cents to $1.25 each, and I have probability set to 1/4. Is this about what everyone else has things set to? Interested in learning more about recommendations for this
Lately i set mine to 1 and 6 at a $1 a play
Listening to friends and family about this type of business has been discouraging. I"m looking at bulk candy and claw machines and common theme is people don't carry cash anymore and most places already have them. For bulk candy I think that statement is pretty true but I"m not so sure mini claw machines are placed in all locations that are profitable and willing to take a machine.
Secure you locations before buying your machines.
I agree with extreme Vinding. That's why I belly sold all my Full line machines. Also it is possible to make $800 a month true vinding just posted a short video Showing them collect just shy of 800 from a Mega Mini Claw machine
Yeah its possible even to do more lol just got to get the right location! Thanks for the support!
2 locations I have been pretty slow it's taken me 6 months pay off the machines
@@holmstylevending1775 you might give it a few month or try changing up toys but lool around for possible replacment locations
Great video.
Where you buy your Merchant to the mini claw machines?
My last question would be. In the UK everything is becoming cashless... EVERYONE uses card now unless you're of an older generation. Are there options to buy mini claws with a card machine and how would you set the whole process up?
You can purchase and hook up credit card readers... they support Nayax. I actually have 8 mega mini that are arrive here in the next few days... i am going to try and make a video installing the nayax credit card reader and post a video of it. It is new to me so hopefully that video can show you the process of adding a cred card reader.
What is the cost of the nayax card machine and where do you buy it from? @XtremeVending
I'm a locator I close 50% of places I pitch mini cranes to. I could never do that with snack/soda go with mini cranes. That being case it's not as easy as you think the big boys are getting into mini cranes and they do not play. IE google NEN.
Suppose you gross $500 with 2 machines as you mentioned near the end of the video. How many prizes would have been won and how much would they have cost you? What would be your net after cost of goods sold and paying the owner of the location? BTW, I subscribed to your channel. :-)
This video answered so many questions for me. Thank you so much for the info. I'm wondering about the quality of the machines from China versus the US. I'm thinking of purchasing mini claw machines and other types of arcade machines as I am planning to invest in an arcade family entertainment center, so I'm just wondering if you have any thoughts about it? If you were to make an arcade center, would you buy the machines from China or the US?
Well kinda a funny thing
. All the usa suppliers gets their machines from other countries... so no matter what you get your machines from out of country... the benifit of a usa reseller is you get your machine with in weeks instead of months.
Yknow what im willing to Try Gumball/claw mini machines. Maybe 1 each see how they do after a month.
I ordered 10 full size claw machines from Rainny. Thank you for the supply recommendation. Curious, how many times do you have to go collect and restock? Every week or every 2 weeks? .. and do you ever have any maintenance issues? Thanks a lot
The larger machines, i probably have had 0 problems in the 3 years... other than basic things like coin jams or bill accpector jams. You purchased 10 larger machines! That is incredible. Did you get the xtreme discount?
@@XtremeVending thanks. Yeah i just joined the the discord. I didn’t use the discount code 🤦🏻♂️.. but i did get like $100 from an alibaba discount. Anything is better than nothing though. This channel is so underrated 👍🏻
@@bravogenetics maybe tell raiinny you came from this group and she might give you extra discount
How did you order from rainny?
🔥🔥🔥
Dont forget to mention the Mini from candy machines comes with free product
Yeah there are a lot of perks from ordering from candy machines
I would love to try my hand at claw machines, but I just don't have $1k to drop on a machine. How can someone go ahead and get funding to start? I'm on disability and it just doesn't pay enough to live off of and I need a way to make money, but you can't make money without spending money I guess. I'm also in Arizona.
What part of Az? I have some older machines i can sell... but honestly i got my friend involved who also is on disability with a discover card... they offer 0apr for like 15 months
refer.discover.com/s/DAVID12124734
@XtremeVending Any good claw machines for sale? I live in Arizona and want to sale my bigger ones.
Hey mate, great video, I just recently bought one of these, and while it worked for many plays it doesn't want to go up and down anymore. At first I thought the string was tangled from an unfortunate grab (which I believe is partially true as I was able to fix this, the string is now not tangled.) However upon turning it on, the up and down still doesn't work, Left right, side to side and grab all work fine. Do you know what could be the problem?
Where did you purchase your mini from? Sounds like a faulty motor in the gantry
@@XtremeVending i got it from alibaba, and after testing i do think the motor for the up and down has died, do you know how to replace it, i assume the seller will send me a replacement motor but im clueless on how to take apart the wheels, i know there is some soldering involved for the two wires which i can ask a friend to help with.
If you got it from rainny she has a 1 year warrenty.. but if you didn't... i beat supplier will replace it for free or at least sell you a replacement
great video. How much do you spend on toys ?
With all the machines i have... a lot lol. That is sometimes difficult to calculate. I spent 1500 last month on toys
How do you feel about the giant gumball machines like quik play has? I almost got one of those before finding the mini claws.
I have thought about that too =) Maybe one day I will get a Giant Gumball machine lol
Great video can I get the Mega Mini from Alibaba? How long is the lead time?
Yes rainny sells mega minis... usually a 10 to 12 week process from start to delivery
Did you have to pay for amusement license? I'm surrounded by suburbs that require anywhere from $100-300 a year to have one in their area.
Yes,
There are some places i heard that don't require license
The minis are a great idea but what about thieves? do you bolt down the machines?
The locks look kind of flimsy. I have seen machines on which you can install bigger, more secure locks. An absentee owner location such as a laundromat makes it easier for thieves, so you units need to be secure. Laundromats are good. They provide entertainment for people waiting for their loads and they usually carry lots of change. They can also get change from the laundromat bill changer machine.
Thieves usually avoid machines where there is lots of foot traffic, such as a grocery store or restaurant.
I'm glad I got minis!
How do I buy a mini claw machine in uk
Wow, how many minis do you have ?!
I have over 60 locations and still increasing my count... but i have extra machines too
@@XtremeVending turn up the heat on your collection videos man! That’s awesome
I need to be brave and just order those Pokémon balls
How much
God is good ✝️✝️✝️✝️✝️💪😎👍✝️✝️⬆️⬆️🤑💰