Thanks for visiting the RedHotVend FAQ
A RedHotVend vending machine sells itself. They are located in or near restrooms at bars, night clubs, pool halls or any other high traffic venue where the clientele is strictly over 21. EVERYONE needs to use the restroom eventually (especially after a beer) which ensures that almost 100% of the patrons will see the machine. Not only that – It has an automatic motion sensor which plays funny sounds and turns on the flashing LED lights as someone is walking past. PLUS there is a LCD screen with commercials playing which also draws in the customers attention. Once they’ve seen the hilarious products inside – they will either buy something or run back to their friends to tell them what they just saw! So, all you have to do is sit at home while the machine does all the work! The vending machine will even text you or email you when you need to re-fill it!
An average of $6.5million a day are spent in vending machines. The vending business has proven itself over the last few years to be a recession proof business. But like any business you have to keep up with the trends and invest in new technology. Vending covers a wide spectrum of business opportunities – but there is nothing else like RedHotVend. Every day 7 out of 10 people will place dollars in vending machines. The amount of money you earn depends on how good or bad your location is. The good news is that if you choose a location for your RedHotVend machine that is not profitable enough – you can just relocate the machine to a more profitable spot. It’s really that simple! PLUS, uniquely to RedHotVend you will also earn from paid advertising that is managed for you.
As soon as the vending machine is placed – you’ll start earning… But before you start we provide a full training program, then we help you find some venues and help you install your first machines. We want to give you the best chance to succeed!
Well the likelihood is – you know your area pretty well, so you probably know all the busiest bars in your town. But the good news is – you don’t have to do this on your own – we’ll help you with your first venues!
The machine holds up to 300 bills – the value depends on what bills were inserted. There is no change given from the vending machines.
Inside the machine is an advanced AT&T GSM Module which runs on a national mobile network. This allows the machine to connect to a credit processing server and debit the card used. The machine accepts most credit and debit cards. Any transactions made through your machine are deposited straight into your bank account on a monthly cycle. Across the vending industry, offering this method of payment increases product sales by and average of 32%.
You may need to have a larger vehicle when installing the machine in a new venue (if needed – we recommend renting one for a few hours). But for visiting a machine to collect cash and re-stock, most small cars will be suitable.
No. This is one of the best things about this industry, your vending machines are your employee’s! Your vending machines won’t quote the employment act to you, they won’t talk back to you, they don’t need health insurance and they are always at work! However, if you are planning on expanding this business – eventually you might need some help. Depending on the distance between each machine – 300 machines would probably equate to a full time position.
With many years experience making vending machines and supplying to some of the world’s blue chip companies, our machines are made with such precision that your experience with a RedHotVend vending machine will be virtually trouble free and will require very little maintenance. Perfect for a home based business opportunity!
The commission varies from venue to venue. For most venues we recommend offering a 10% commission rate for every dollar put into the machine. If the venue is part of a chain or network of bars and you install machines in over 5 of the venues then we recommend the commission rates rise up to 15%. Remember – there is no contract for the venue to sign, so you need to make sure the venue are always paid on time and the machines are re-stocked before they run out – these small things keep your venue owner happy! Don’t worry though, the machine will notify you before it needs to be filled. Keep the products fresh, rotate the product range every 3 months. We recommend keeping the best sellers in stock all year round and rotating the others seasonally.
We accept many forms of payment, such as: Visa, MasterCard, Discover, American Express, PayPal, wire transfers, checks, money order and even Liberty Reserve. If you qualify, RedHotVend even offers financing through our credit card system and we can refer you to one of our Vending Equipment Financing partners. In some cases you can start your business today and make no payments for 90 days. You could be setup and running, way before you had to make your first payment!
Yes, you can choose to lease your new vending machines from an equipment leasing company with zero money down. Or possibly charge your first vending machines on a credit card. Or check out our Vending Equipment Financing partners. We accept many forms of payment, such as: Visa, MasterCard, Discover, American Express, PayPal, wire transfers, checks, money order and even Liberty Reserve. If you qualify, RedHotVend offers financing through our credit card system. You can start your business today and make no payments for 90 days. You could be setup and running, way before you had to make your first payment!
First, we speak to our logistics team and see how soon we can get your machine order delivered. We also liaise with you to determine you best locations in your area. Then as soon as your machines have been delivered – our business development team fly to you and give you 3 days full training on the machines and the business. During that time we assist you to install your first vending machines. This is designed to leave you confident with the business model, fully trained in installing and servicing machines and earning your first dollar by day three!
Yes! Our operator Support team are available from 9am to 5pm Pacific Standard Time. We want to help you grow your business and actively share any tips and trade secrets with our operator network. We also have a private forum for our operators where you can ask questions of our support team and other operators for their experience. We also occasionally give away or sell promotional materials which you can use to give your sales even more of a boost! Annually you are also invited to a RedHotVend christmas party where you can meet other operators and the management team.
Our electronic vending machines are equipped with GSM cell phone technology. Using this system you will be able to check your stock levels and see how much money your machine has taken in cash and in credit/debit cards. You can even have it setup so it emails you or sends you a text if you start to run low on any particular product. If the machine senses a problem or vandalism it will contact you immediately. Most machines will require a visit once every 2 to 6 weeks.
The LCD screen displays advertisements for the products inside the machine – boosting your product revenues. It can also show paid commercials or still image ads which are displayed across all RedHotVend Network vending machines nationally, when avaliable. If you, the operator, wanted to sell advertising on this screen you could do so – discuss this with our advertising team on 1-800-490-1108. It is also encouraged to offer free advertising space to the hosting venue – it can be a short video (less than 30 seconds or just a picture slide). The LCD is remotely controlled and managed RedHotVend head office – this is to ensure that RedHotVend adhere to advertising regulations set out by law.
We find that any high traffic venue with a demographic of customers between the ages of 21 and 35, which sells alcohol and doesn’t charge a cover fee for entry was normally the most profitable. The best busy venues included college bars, hostel bars and dive bars.
There are two simple ways to order more stock for your machines. Using our Online Store or calling us directly on 1-800-490-1108 and asking for the Stock Sales team. Wholesale stock comes in boxes of 60 products. If an order is placed before noon, it usually ships the same day. Delivery times depend on where you are in the country. Wholesale orders are shipped from South San Francisco, CA. We use UPS as standard (1-5 days).
Yes. We are proud of our vending machines and stand by it with a 100% replacement part warranty on every machine for 12 months.
We thought you might! That’s a sign of a sharp entrepreneur, we would be worried if you didn’t have any more questions! Call our San Francisco based offices between the hours of 9am and 5pm Monday to Friday Pacific Standard Time.
Contact us! Call us on 1-800-490-1108 and we’ll get you up and running!