Hey, Vending Hustlers!

Welcome to this week’s edition of The Vending Vault, where we break down the ins and outs of building a profitable vending machine business.

Today, we are sharing the 8 Tools to Run a $1M/Year Vending Business.

1. Nayax: Payment solutions and management for vending machines.

2. VendSys: Cloud-based vending machine management software.

3. QuickBooks: Cloud accounting software for small businesses.

4. Loom: Video messaging tool for async communication.

5. Timeero: GPS time tracking and scheduling app.

6. Monday.com: Work management platform for teams and projects.

7. ZippyAssist: Customer support platform for vending businesses.

8. DocuSign: Digital platform for e-signatures and agreements.

These tools have been absolute game-changers in how we run our business.

If you’re looking for ways to streamline your processes, reduce costs, and get ahead of the competition, you’re in the right place.

🎯 Vending Machine LaunchPad Community Updates

During this week’s live session, we covered:

• Cold Outreach: Use calls, texts, emails, and social media DMs. Follow up within 72 hours.

• Sandler Sales Method: Focus on building rapport, qualifying leads, and addressing objections before closing.

• Personalization: Mention specifics about the business, use their name, and tailor your pitch.

• Leveraging Networks: Tap into friends, family, LinkedIn, and referrals for warm introductions.

If you missed the call or want the recording, reply to this email if you’d like to apply to join our private Community (and get access to us 24/7 + weekly live calls, and a lot more!)

Last week, we launched our first-ever Vending Vault Mystery, and the response was amazing! Thank you to everyone who played along and took a shot at guessing the mystery item.

Drumroll, please... 🥁 The answer to last week’s mystery image was a Vending coil!

And we had a winner who snagged the $10 prize via old school PayPal! 💸 Big congratulations! 🥳

But the fun doesn’t stop here! Ready for this week’s challenge? Let’s keep the game going with the Vending Vault Mystery 🚀

Here’s how it works:

1. Below, you'll find a new blurred image or logo of an AI tool that will help your Vending Machine business.

2. Click the link below to view it and reply to this email with your guess of what the item might be.

3. Get it right, and you could win $$$! 🤑

Current Prize: $10

Same rules:

• One guess per subscriber.

• Feel free to share this email with your friends!

Ready to play? Click the button below and send us your guess!

Good luck, and may the best guesser win! 🚀

Now, let’s dive into it!

Tool #1: Nayax

Nayax handles payments (cards, mobile wallets, QR codes) and tracks real-time inventory.

• Gives real-time inventory and sales analytics

• Handles customer refunds smoothly

• Accepts payments in 50+ currencies

Cost: $7.95 - $9.99/machine/month

Tool #2: VendSys

VendSys manages inventory, purchase orders, warehousing, and route optimization.

• Easy supplier logistics and spoilage tracking

• Integrates seamlessly with Nayax

Cost: $1.50 - $2.50/machine/month

Tool #3: QuickBooks Online

QuickBooks keeps finances in order, from invoicing to expense tracking.

• Tax calculation and expense monitoring

• Financial reports for better decisions

Cost: $30/month (Simple Start)

Tool #4: Loom

Loom cuts down meetings with quick video recordings, ideal for teams.

• Record tutorials for onboarding

• Share video updates, saving hours each week

Cost: $12.50/month

Tool #5: Timeero

Timeero tracks employee hours and location, perfect for payroll management when you have a route driver stocking your machines.

• Employees clock in via phone

• GPS tracking for accurate payroll

Cost: $12.50/user/month

Tool #6: Monday.com

Manage tasks and track progress in real-time with Monday.com.

• Task assignment and CRM functions

• Great for project and sales lead tracking

Cost: Free for basic features

Tool #7: ZippyAssist

ZippyAssist lets customers report issues via text for quick resolution.

• Real-time issue capture

• Instant refunds

Cost: $95/month

Tool #8: DocuSign

DocuSign makes contract signing fast and secure.

• Track signatures and send reminders

• Secure, digital contract management

Cost: $10/month

Final Thoughts

Each of these tools plays a critical role in our vending business, allowing us to scale efficiently and keep operations running smoothly.

If you’re serious about growing your vending business, these tools will be invaluable in saving you time, reducing costs, and boosting your bottom line.

Thanks for reading, and we hope you found this helpful!

See you next week!

— Jaime & Ethan

Ready to Take the Next Step?

Looking for more guidance on growing your vending business? Check out Vending Machine LaunchPad for a complete step-by-step system to go from one machine to a full-scale operation.

Until then, keep those machines working!