Business idea · E-commerce
Perfume Vending Machines for High-Traffic Areas
Perfume Vending Machines for High-Traffic Areas is a vending machine that dispenses perfume samples in high-traffic areas like malls and airports, allowing customers to try before they buy. It was pitched on Koerner Office in the episode "How to build a 7 figure vending machine business by finding the best locations. Ep. #035" (aired July 4, 2024).
At a glance
| Podcast | Koerner Office |
|---|---|
| Hosted by | Chris Koerner |
| Episode | How to build a 7 figure vending machine business by finding the best locations. Ep. #035 |
| Aired | July 4, 2024 |
| Category | E-commerce |
| Real companies on the episode | Quinn Miller's Vending Machine Empire |
The problem it solves
Consumers often want to try perfumes before purchasing but lack convenient access to testers in busy environments. Traditional retail options are limited in high-traffic areas, and testers can be unhygienic or poorly maintained.
How it makes money
E-commerce for full-sized product purchases through affiliate links embedded in the machine.
Skills you need
Market research, vendor relationships for product sourcing, sales strategy development, and machine maintenance coordination.
The market, and why this works now
The rise of touchless payment systems, such as Apple Pay and Google Wallet, supports the viability of perfume vending machines in high-traffic areas. A practical first-revenue move could involve advertising on fragrance-focused subreddits like r/fragrance, where users actively discuss and seek recommendations. A potential risk is the initial capital required for machine procurement and maintenance, as well as the ongoing costs associated with refilling inventory and ensuring machine functionality in busy locations.
Our analysis, written after the episode. Not a quote from the show.
Real companies discussed on this episode
- Quinn Miller's Vending Machine Empire
Quinn Miller runs a successful vending machine business that specializes in traditional snacks and drinks, as well as smart coolers and ATMs. He focuses on finding optimal locations for his vending machines, which has allowed him to generate significant revenue while minimizing his time on-site.
Where this idea came from
Podcast: Koerner Office, hosted by Chris Koerner
Episode: How to build a 7 figure vending machine business by finding the best locations. Ep. #035
Aired:
Summarized from the episode transcript. The show does not say which speaker raised each idea, so we credit the show, not a person.