Vending machines have been around for a number of years. Usually the content consists of fast foods, junk foods and cooldrink. Lately there has been a rise in vending machines offering a number of new services. The latest I have come across is from ARL Trading.
Their offering is a DVD Rental Vending machine. What a novel concept! I would love to able to pick up my DVD at my place of work on my way out rather than have to go out of my way to visit the DVD store on my way home. Imagine a chain of these at townhouse complexes, office parks, golf courses, convenience stores and so on. This is a great investment opportunity for those willing and able to invest the R185 000 needed upfront.
Income is generated in four ways :
1. The rental of DVD’s and video games
2. Late fees from overdue movies
3. The sale of advertisements (onscreen and positioned within the DVD jewel case)
4. The sale of previously viewed DVD’s
I am meeting with the folks who have brought this concept to South Africa and will be able to report further on this opportunity once I know more. At first glance though it does look like a great gap for an entrepreneur!
Tuesday, April 17, 2007
DVD Vending Machine business opportunity
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2 comments:
I have used the DVD vending machines which are operated by www.redbox.com
They are usually situated in McDonalds and supermarkets.
Hello I just entered before I have to leave to the airport, it's been very nice to read your post, it is very interesting and very informative. I liked it!!!!!!
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