Chapter
The Logistics of Selling Coke and Tampons
20:07 - 32:17 (12:09)
Quinn tells a story of how his family used to refill vending machines and make money while occupying his grandparents and kids. He also shares insights into the repeat purchase rate and selling products in lower income areas.
Clips
Social media can be a rare type of game that requires a lot of effort and investment to succeed.
20:07 - 25:36 (05:28)
Summary
Social media can be a rare type of game that requires a lot of effort and investment to succeed. Even experts can experience swings and misses, highlights the challenges businesses face in predicting social media success.
ChapterThe Logistics of Selling Coke and Tampons
Episode#187 - How Vending Machines are Generating Millions, The Next Big Social App & Ghost Kitchens For Gifts
PodcastMy First Million
An entrepreneur discusses his female product vending machine business which generates around $9,800 per month in profit.
25:36 - 27:59 (02:22)
Summary
An entrepreneur discusses his female product vending machine business which generates around $9,800 per month in profit. He provides insight on startup costs, revenue and time involvement.
ChapterThe Logistics of Selling Coke and Tampons
Episode#187 - How Vending Machines are Generating Millions, The Next Big Social App & Ghost Kitchens For Gifts
PodcastMy First Million
Quinn’s family had a small deli inside an office building where his grandfather had set up a vending machine.
27:59 - 32:17 (04:17)
Summary
Quinn’s family had a small deli inside an office building where his grandfather had set up a vending machine. As they grew in popularity, Quinn began renting a small warehouse to store items instead of constantly buying them at Costco.