Vending business: your jukebox
Jukebox – vending business, which still has a place for beginners. The scheme is simple: you buy a machine for 60 thousand rubles, install it in a cafe and get an income of up to 40 thousand rubles. per month.
Vending is considered a business for start-up entrepreneurs. Investments are required minimum, maintenance is simple, no special skills are required for business management. The most popular direction of vending are coffee makers. The competition in this segment is high, and all the “fish” places have long been occupied. But if you want to make money on vending, we suggest you look for new ideas. Today, vending has virtually no restrictions: you can sell anything. Even music.
To purchase a jukebox you will need a minimum investment. What is he like? A device resembling a bank terminal in which software is installed and a bill acceptor. A huge number of songs are loaded into the machine, and with the help of a coin you can order one of them and even sing karaoke. Modern jukeboxes allow visitors to order a song through the app and pay for the order electronically. But there are also retro versions that can be installed in a cafe, supporting the theme of the institution.
The service is relevant for public institutions and solves the problem of musical accompaniment. Such a machine can be installed in cafes, clubs, in the halls of some buildings, in summer cafes and barbeques. In general, wherever entertainment is intended.
The first jukebox appeared in the nineteenth century. Then Thomas Edison invented the phonograph, which became so popular that later several of its varieties were released. The first musical device was installed in 1889 in San Francisco. In those days, 1 song was estimated at 50 cents. Currently, jukeboxes are most popular in China, USA, Australia and Latin America.
And what about Russia? In our country, the use of jukeboxes began more than 20 years ago, but after the introduction of computers, it moved to another level. Today, such a device is intended for entertainment and allows the visitor to choose the music itself. If it seems to you that the jukebox is yesterday, here are a few ideas on how you can make money on it today:
rent 1 sq.m. in any institution and all the revenue to keep;
offer the institution itself to rent your equipment;
provide equipment for rent at various events (wedding celebrations, anniversaries, corporate events, children’s parties, mass entertainment programs and shows).
The amount of profit will depend on how well you “attach” the jukebox. And you need to start implementing the idea with a step-by-step guide on how to open music vending.
Step 1. Market analysis
Vending business: your jukebox
Before you start any business, be sure to check whether it is possible to earn money on it in specific conditions. Make a list of places that are suitable for musical vending, interview residents of your city, talk to people working in the field of entertainment. Try to find partners in advance and possible ways of implementation. If you carry out such work in advance, then in the future you will not waste in vain neither time, nor effort, nor money. Because it is much easier to carry out an assessment of demand than to try to sell a jukebox that you have not been able to profitably attach.
Advantages of jukeboxes:
The staff of the institution where the jukebox is installed is exempt from additional work on the musical arrangement;
There is no need for the institution to think over the musical programs – visit yourself and choose what they want to listen to;
Visitors do not just choose a song, but pay for it;
Musical vending is very easy to maintain. Anyone can handle this business;
Musical vending is a great option for additional income. It does not require the presence of the owner of the presence: you can give the business only 2 hours a week;
The jukebox is easy to use: the slot machine is equipped with an intuitive interface and a convenient touch navigator;
A jukebox can be connected to external audio and video players;
A jukebox can be used as an advertisement and, thus, receive additional profit;
Fast payback period: initial investment pays off in 4-5 months.
Step 2. Business registration
When you are convinced that the services of musical vending are interesting to your target audience, you can proceed to action. And first you need to register a business. It will be enough for you to register the IP: submit an application, pay the state duty and after the time specified in the notification, take the document – an extract from EGRIP. For the activity code, enter 47.99.2 Trading activity through automatic machines. Choose tax regime – UTII is most suitable for vending.
