DVD Vending Machines
DVD Kiosks have been a growing business for the last few years. Now a days you even see one in front of McDonald’s, a big red box that rents movies. With that convenience it has been putting a pinch on Block Buster Video. It was just a matter of time that the king of movie rentals was going to fight back.
Block Buster Video has teamed up with NCR to create a Block Buster Video kiosk. Its a convenient way to rent movies for the night and Block Buster believes it will add quite a bit to there bottom line. 50 kiosks will be going out in the third quarter of 2008. This is Block Busters pilot program. They expect it to grow to many thousands of machines over the next few years.
Currently there are over 2200 units of DVD kiosks in grocery stores across America. You can bet with Block Buster now in the game, we will be seeing many more to come.
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These vending machines are taking over the market it looks like. All the Block Busters located near me are closing.
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It is funny actually. I just applied to get one of those machines put in somewhere. I am going to be discussing with Red Box how I can make money off this.
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Yea, I will let you know what the profits are for me as soon as they contact me back.
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Sounds good, keep us posted.
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I have a Box Office Express DVD vending machine for sale. It holds 700 videos, plays trailers on a monitor, takes credit cards or membership cards. Works great. I also have several hundered videos to get you started that were current releases through 12/31/07.
I paid $38,000 for this machine with no videos loaded. You have to keep the inventory current by getting new releases every Tuesday morning and putting them in the machine.
Uncle Sugar is putting me back on active duty so I will be away for a year or two and must sell. Make me an offer I can't refuse! Call me on my cell at 662-357-8504 or email me at dwg7000@aol.com. Machine location is Tunica, MS just 30 miles south of Memphis.
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I suggest posting in the Vending Classifieds
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Msgaming,
That sure is an expensive machine. I always wondered about them. How is the return on investment. I know in the right location it should do really well. The entertainment industry is huge. How do you go about getting the new releases are they downloads?
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You know... I seem to see these a lot in the McDonalds and those other fast food places! Are those the hottest spots for these types of machines?
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McDonalds and Wal-Mart are where I see them. I also see them at grocery stores. Those three places seem to be the main hot spots.
I don't see why Wal-Mart would want competition though, with the movies there to purchase for $15-25, you could just rent it for $1 a night.
I can see these things dying out in the near future though. I predict dvds becoming a little less popular in the coming years. I heard these bad boys run about $30,000 a machine, that would take some serious time to get your return with $1 rentals, even if you were doing 10 rentals a day.
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So these machines only offer rentals? How do the CDs stop working when there renting time has expired?
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They never stop working, you get charged $1 every day it is late. Most of them are 24 hour rentals.
If you have it after something like 15 days then your card gets charged the full movie price($19.99) plus the other 15 days = $35.00 total. Not bad if people forget to return it, but that is the only way I can see these making money with the cost of refilling the machine exepnsive. Every Tuesday you would have to service it with new movies and the older movies won't be rented anymore.
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Oh so I see now. Well with a place like McDonalds I see why people may buy these. People normally revisit McDonalds all the time so its just like going to a blockbusters or any of those rental places!
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Yes people always go eat fast food now days, so they will always be able to bring back their movies and get new ones while they are waiting for their food.