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- Видео 56
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Gumball Gold
США
Добавлен 23 дек 2018
Bulk vending is a business model for anyone.
Toy Explosion Review
This is an unboxing and review of Toy Explosion mix from candymachines dot com. After you watch this video, I'm sure you will agree this toy mix isn't what the placard represents. So I think I will keep searching for a better quality toy mix for my bulk vending machines with a higher return on investment. Comment if you know of a better toy mix and where you got it from.
#vendingbusiness #bulkvending
#vendingbusiness #bulkvending
Просмотров: 61
Видео
How Was June?
Просмотров 207Месяц назад
How was your June in bulk vending? Mine great and prideless. #vendinglife #vendingbusiness #bulkvending
Solid Gold Review
Просмотров 2642 месяца назад
One of the best selling items for bulk vending has always been jewlry, especially gold jewlry! So I will review the Solid Gold line in one inch capsules for dispensing with bulk vending machines using gumball wheels. #bulkvending #vendingmachinelove #gumballmachine
Where To Buy Gumballs For Bulk Vending
Просмотров 4012 месяца назад
This question has been asked for years and I never uploaded a video to the answer until now. #bulkvending #gumballmachine #vendingbusiness
$2,700 From 3 Locations in a Month!!
Просмотров 4312 месяца назад
I grossed over $2,700 from only three locations this month! This is a record breaker for bulk vending unless someone comments a better profit below. Let me know if you have had this kind of success. #bulkvending #vendingbusiness
Biggest Secret in Bulk Vending
Просмотров 4743 месяца назад
What's the biggest secret in bulk vending? I expose it in this video because the other vending channels won't. #bulkvending #gumballmachine #vendingbusiness
Boston Baked Beans Do Sell!
Просмотров 1743 месяца назад
Selling Boston Baked Beans for the first time and they are selling! Also answer the question about warning labels for bulk vending machines. #bulkvending #gumballmachine #vendingbusiness #vendingmachine
Is Pokemon Gay As F@ck!!??
Просмотров 2674 месяца назад
In this video is my reply to the questions about my thoughts on vending Pokemon. #pokemon #bulkvending #gumball #vendingbusiness
Vendstar 3000 After 3 Years of Service
Просмотров 5024 месяца назад
How long will a Vendstar 3000 last after three years of being at a location? In this video we check out the wear and tear of the cheapest made bulk vending machine ever made.
Are You selling Mexican Candy?
Просмотров 3914 месяца назад
We all have locations in hispanic businesses, so are you selling Mexican candy? #bulkvending #vendingmachine #gumball ,#gumballmachine #mexicancandy #vendingbusiness
Going Cashless in Bulk Vending Part 2
Просмотров 2565 месяцев назад
In this video I follow up on how well my bulk vending machine does in a cashless business. #bulkvending #vendingmachine #gumball #gumballmachine
This Is Financial Advice For Bulk Vending In 2024
Просмотров 1,9 тыс.7 месяцев назад
This Is Financial Advice For Bulk Vending In 2024
Bulk Vending Racks, Are They Worth It?
Просмотров 1,2 тыс.8 месяцев назад
Bulk Vending Racks, Are They Worth It?
Popping Candy Review for Bulk Vending
Просмотров 71011 месяцев назад
Popping Candy Review for Bulk Vending
It is bait and switch. Now I get my toy capsule mix from one stop vending. I get toy capsule mix, California gold, and fidget spinner balls. I mix all those together and that makes it a better mix.
Thanks.
looks like bait and switch to me, the "Plus Many Other Items" thing at the bottom should say "Mostly shitty items that aren't pictured."
My thoughts exactly.
I saw you mention something about a “stealth” location in a comment on another video. Are you placing machines without asking management, and if so which locations make good stealth locations? I’ve been having trouble landing locations and i was thinking about just leaving a machine inside of somewhere and hopefully they wouldn’t notice, and i can leave my phone number on the back of the machine.
@@J-A-Y-W-A-L-K yes I am a stealth mudder focker! 😆I got several locations where I left a machine in a safe location where no one suspects it is there with out permission. I also have locations where I have misled the receptionist or employees to believe I got permission and know they don’t care or know how to find out if I have permission. Never been busted yet in all these years yet.
@@gumballgold I love it! work smarter not harder. I wish you would upload videos of you filling the machines during collections, believe it or not I enjoy watching machines being refilled. Also makes for longer videos with more room for ads. Keep up the great work and content!!
Would you recommend selling standard gumballs at .50 or .25 ? Do gumballs sell well at .50? I'm new to this and love your channel!
Thanks I love you too! I recommend selling gumballs at fifty cents and I have been doing it with dozens of machines going on two years. And finally I am upgrading all my Rhino triple shops in the next two weeks.
@gumballgold Thanks! One more question will the toys in this video dispense out on machine made for 1 inch gumballs or do I need acorn capsule machine?
@@spencerjoyner1622 yes but you have to take the riser out to insure no problems with acorn style capsules. The capsules in this video are the same size as gumballs. Thanks for your question.
I’m located in pearl and I’m trying to get started
In this economy you need to get started wisely. So please join my Facebook group Bulk Vending and we will help you every step of the way. Thanks for watching and commenting!
Keep selling gumballs!!❤
I wil! Thanks for watching and commenting!
How much candy does your machines dispense in weight per .25 cent turn in oz or gram. For example, skittles and peanute M&Ms. How much does a customer get in weight. Congrats on your ventures. Your channel helps a lot. Thank you.
Before the bad economy, the rule was half an ounce per quarter. But now a days loose candy sells very slowly as it had in the past. But really sells slowly today with less profit. You have to charge fifty cents a turn to make a profit slowly. Now gumballs sell very quickly and at fifty cents a turn. Thanks for watching and commenting!
I wonder if he would do better if he put labels on his containers
He just bought the route with the machines at this point. He said he will turn the eight selections into four and etc.
JESUS Loves u
Christ is King
@@gumballgold Amen
which concord confections? So many out there.
I have the PDF file on my laptop of Concord's products with a link to their website to place an order. Join my Facebook group Bulk Vending and a member will share it with you. Out of curriousity I just googled how to order gumballs from the company, and you are right! Very confusing tactics by google to not make the search inaccurate and misleading. Thanks for your question.
Do you pay business's commission for them, letting you put your machine in there store? If not what do you say if they bring it up?
I don't pay any commissions from none of my locations. If it is brought up, I refer them to a Google search for the monthly profit of a gumball machine. They always find it to be ten dollars a month. And I always offer ten percent. So to them a dollar a month isn't worth asking for. Thanks for your question!
@gumballgold thank you. Your channel is very helpful. In one of your other videos I recall you saying you don't have to pay taxes on bulk vending is this true? Can you do a video on taxes for bulk vending?
You have to get your own tax expert for your best interest. My expert says that my bulk vending can be classified as a hobby because of the way I run it and my choice.
What about location agreements? Do you use those when you place a machine at a new location?
I don't have any location agreements. Those scare the owners away as a fellow RUclipsr found out. The channel is calle Get Lit With Shay and in the video she is calling locations instead of going to them. After many hours of being turned down she finally got a yes from a very good location. And when she delivers the machine she asked the owner to sign a location agreement and the owner told her to take her machine back out. Now in full line vending these types of agreements are the norm. Thanks for watchine and your question!
Funny
I think you should try it but buy new machines fill them with quality make it about a 1/3 1/5 ratio with a location that gets at minimum 400 people weekly n youll see it pay off
I trust your judgement, but still claw machines won't fit in a Corvette. Thanks for watching and commenting.
@gumballgold ship them directly too the location, a mini claw machine could fit especially if you order the ones from China it's a two part peice a counter top claw machine and a stand depending on which year n model corvette it may be able too fit one mini , then from there all you'd carry is a garbage bag full of plush toys n afew prizes the newer mini machines are really well built n have minimal maintenance some are made by the same companies that make gumball machined where there's a will there's a way the new machines are much nicer and smaller rhino makes some think about the prize inside and in the prize locker at the top nobody wants a boring cheap prize grab their attention it's less work once you have them placed I usually do one mini for bulk mixed candy and one for mini plush with a $50 gift card or air pods at the top prize locker a throw afew eggs in with anything from a key too the locker box too $1, $5, $10 bill it's exciting as you make it or it can be a money pit if you treat it like the vendors in your video did if this is how they operate I'd be shocked if you couldn't seize all their accounts n produce afew hundred dollars a week per machine all cash..worse case scenario try afew machines 1-3 if it fails completely auction it off in someway too your subscribers but I think you'll do just fine if you treat it with proper integrity alot of people think it's just a gumball machine or claw machine or soda machine but if done right it's still a thriving business but many people have a poor location , a broken down old disgusting relic of a machine, and cheap tacky low quality product and prize selection quite frankly if they made their machines $.5 per play they'd still see little increase in revenue too many vendors stock the most generic low quality products I've seen it in gumballs too claw machines.
Great advice but I'm still working on putting a gumball machine in every high foot traffic business in north central Mississippi. The profit margin from selling a gumball for fifty cents is a lot higher than any other type of vending. Oxford is a economic boom town in this inflation times with more people and business every week. And so far with no competition I have a monopoly. I am debt free and love to travel as a hobby and getting into any other type of vending or cranes would become a job. Just sticking to gumballs I can travel for months and not have to worry about servicing my machines and etc. When I get back home I will have more "grand opening" businesses to pitch. Also there is a new bulk product coming out very soon that will make my pitches turn into yeses. After securing all of my near future locations I will head south to Water Valley, Mississippi, Taylor, Mississippi, and some other towns and monopolize those as well. So I'm not going to veer off course of my mission for a long while because this business plan is just way too profitable
@gumballgold yeah gumballs are a classic simple high margin commodity it's hard too beat but remember sometimes people spend $3, $5 , $10 before winning any prize at all that's a 100% margin my product cost with quik books comes out too around 10-15% but I do pay 30% of revenue too my locations alot of things in the bulk candy world & bulk vending world have huge potential pull I love the content n respect the hustle. Maybe the timing isn't right for you right now but I definitely think at some point you should give a new mini claw machine a shot if you have a solid location but gumballs are a true classic that & who dosent love some peanut m&ms for $.25-$.5
Yea, your profit margins are OK. But I don't pay commission, or a vending tax of a hundred a year because my machines don't plug into the wall for electricity. I also don't have the expenses of creating an LLC, business licenses and etc. Also the big bonus of not paying income taxes because my accountant says this venture is classified as a hobby. I love that because the federal government doesn't have my interest at heart and funding Ukrane and etc. Gumballs checks all my boxes for income, morals, taxes, freedom of time, no debt, depending on employees or people in general, selling a product that appeals to everyone and not to a cub culture, and the list keeps going. Social Security is in trouble and I don't see a way for the politicians to fix it for years. So when I do reach retirement age, I will have a very large empire of little workers paying my bills while I travel.
True but those machines have lived their lifespan they are old I buy mine new, everything is location based #1 , #2 machine quality , #3 issue is often product selection often even at nice corporate accounts I see generic low quality plush it's not a exciting prize too see finally with claw machines it's the setup is it made easy too win impossible too win or somewhere in the middle ..
Do you sell any gumballs at .50?
Yes, I have upgraded all my classic and pro models with fifty cent mechs. And I was promised that fifty cent mechs will be avialable very soon for my Rhino Triple shop machines. So once I upgrade on the Triple Shops all of my machines will be selling gumballs for fifty cents by the end of summer. Thanks for watching and asking a question.
i use A& A Global
I have always wanted to try them and once in a while price check their website. But every year in June they want to celebrate the prison wallet. So I suspend buying from them until next June to see if they are still into it. This year they only mentioned it once on Facebook vaguely. And just being vague is enough reason to wait another year to see where their morals and values are. Thanks for commenting!
@@gumballgold well i only have 1 location ive had for prob 10 years i always buy from A&A when i need gumballs 🙋♂️
i had a location that complained about the gum gett stuck on clothes years ago🙋♂️
Ole Miss 50yd line row 12 November 23 ticket for sale contact me. Thanks locked on in sorry I advertised I'm just having such issues selling it for a funeral 😢
I'm happy for Skittles! Skittles is actually bigger than pride month and goes way back before pride month ever existed.
Do you sell anything for 25 cents anymore?
Yes I have lots Rhino triple shops at locations. And I was promised several times by candy machines that fifty cent mechs will be available in July or August. They have sent me a picture of the mechs that you can see in the community section of my channel. I am currently rotating the machines home and removing the twenty five cent mechs.
Good stuff brother! Love your vibe!
Thanks
...you can keep the 50cent mechs the lock and the stand; make it a regular gumball machine and you will ROI in less than a decade 4sure...
Sounds do able.
It's been my experience that you will outlast the manager and your machine will still be there but she won't be for long. Just sayin.
Good point!
Do the gum balls come with the labels for the machine?
Yes, there's two placards in every case.
Have you ever found coin mech that work with Vendstar 3000 to vend 50 Cents
The company is no longer in business making these machines. And back in the day the company didn't make fifty cent mechs or thought of it because vending products were cheap enough to make a massive profit. Also to my knowledge there was never after market parts or mechs ever made for Vendstars. Thanks for your question!
Have you ever tried those big mama gumball machines with a nayax card reader ? I know it's semi ridiculous but I do love the ingenuity, it accepts bills and cards , ps I'd try in some locations stickers , Pokémon or trading cards , prefilled poke ball capsules, really capsules In general 60% margin and moves fast!
I have seen those machines and wouldn't mind owning a few. But I wouldn't want the machines with credit/debit card readers because my business model is all cash. Bill accepter is fine, But I don't want to pay the city tax on vending machines if they plug into the wall or have a company bank account with evidence of income for the IRS to access. For now I want to keep the status of this income stream as a hobby so I don't have to pay income taxes. It's a moral thing for me because the federal government doesn't have my best interest at heart. So I can't morally feed it money.
@gumballgold not a taxe expert by any means but I know alot of vendors aren't paying taxes , even with regular nayax deposits I doubt you'd trigger any red flags people are sending several trillion through cash app I was turned off by credit card reader and processors costs too. But I think if you had a great location that's far from home the nayax reader could be a blessing in disguise. But yeah I get the moral argument but I wouldn't sweat it they will never get their full share even if machines go cashless . But I'll admit none of my locations warrant something of this cost n capacity. Buy imagine a busy outta state mall location you could drive up 4 times per year n have a nice roi!
I’m surprised you didn’t correct Joe by not having him place those canisters on a table instead of the floor. Optics go along way. Maybe those break rooms don’t care though.
Good eye. It was a long time ago when I recorded this and I can’t remember if he did it because he was going to throw out the product because he just bought the route.
I have 3 locations w claw machines that make me over 1k/month combined. I have 3 more locations w claw machines that only make me $500/mo 😢 combined. That’s take home money after taking out commissions and product.
Very good. Just keep trying different product with the lower income location to bring up sales.
Do you have to load the capsules? Or do they come ready to sell?
These capsules come loaded.
Do you have any experience with Oak gum ball machines? If so what are your thoughts on them? Thank you Sir.
I don't have personal experience with the Oak brand. But I do have friends that do and have been using them for decades without problems.
Very good message. I have watched a few of your videos. really good advice you give. There is one thing though, put the microphone down. You are blocking your face, I like to see the person talking, not a microphone.
Thanks for watching and commenting. I used to keep it lower but lately I’m afraid the air conditioning will be heard.
Thanks for the video!
You're welcome!
Since it's all plastic, looks like some of the parts can just be 3D printed.
I think most of it can be 3D printed. But not the clear part.
@@gumballgold Just use transparent filament
@@nathandepauw9011 thanks.
@@gumballgold np, I recently got a ton of vendstars for cheap and I've been able to 3d print pretty much everything.
@@nathandepauw9011 I recommend printing a fifty cent mech and make a lot of money.
Do any of your locations complain about people putting the chewed up gum places? That’s my concern when placing my gumball machines
Yes and those locations I switched over to one inch capsules with toys and popping candy.
@@gumballgold what percentage of places that you have gumballs asked you to remove them and switch to capsules?
So far just two have asked me to stop selling gumballs and candy. So less than one percent.
@@gumballgold nice, thanks for answering my question 🙏
Loved the music, do they come in a 2 inch capsule?
I'm sure there is two inch capsule jewlry. Check out the distributor's websites. Thanks for commenting!
So the smaller bag inside is product you place around the globe to attract customers
You could do that. But I'm just going to mix it as evenly a possible. Thanks for commenting!
Love it
Thanks!
hello do you have any tips on what to say to get locations interested in you machines? any help is greatly appreciated!!!
Yes I got a lot of tips for getting locations. I will upload a video soon about it and I recommend joining my facebook group bulk vending so the members can share their pitches also.
Is sad that candymachine don't deliver to Puerto Rico.
They should since Puerto Rico should have statehood.
Congrats on the great month! Side note, but do you know of any place I can get a Rhino candy machine in Canada? Most websites only seem to carry those beavers that cost a fortune.
Thanks! I would try eBay or FB market place to find a like new condition one. That's how I got about a third of mine. Now for brand new, order one and have it shipped to an American friend who will turn around and ship it to you. I believe Canadian quarters will work in the mech. If not, a Canadian Beaver mech will fit a Rhino. Thanks for watching and commenting!
Thank you very much!
Awesome🤩 Congrats friend!
Thank you 🤗
I love your videos! I’m a new subscriber, How would you recommend a brand new person start the Gum Ball Lifestyle?
Thank you so much for subscribing and commenting. Too much information for me to answer your question in this reply. Join my facebook group called Bulk Vending and we will answer all your questions. Thanks.
liked and shared
Thanks!
I alike you, gave them a thought, but I have a.05 cent north western, so I may need to change the mec. To a .25 cent if I go that route, but I see the hot tamales are not big sellers.
I recommend fifty cent mech to keep up with the economy and profit margins. Thanks for commenting!
I was looking into the gumball thing, as I have 3 up and running in my flea market shop, but Texas wants 300 bucks as there kick back just to start plus insurance, is it worth it if I am still struggling to make rent and the guy around the corner has like 10 of them, but I have yet to get the LLC for the gumball machines, but I have one for the flea market shop, and the state says they are two different types of business.
I don’t claim it as a business but a hobby. See if that works out for you to avoid all headaches and expenses.
i also believe china will invade taiwan, thank you for the vending advice thank you
I do too. Thanks for commenting.
I like the pro better. But they are both great with the drawer in the front.
I totally agree 👍.
Did u get your stuff back?
No sir. He knew that I would be gone for three weeks. According to the law at that time I had two weeks to notice missing fixtures and inventory missing to fight against it. A year later he went bankrupt and put all my property up for auction and I had to win most of my property back.
@@gumballgold moronic law
A great man once said “government is not the solution to our problems government is the problem”
True.
Go woke and you’ll go broke and stupid