The Koerner Office - Business Ideas and Deep Dives with Chris Koerner

How to Make $2k+/Day With Vending Machines⏐Ep. #262

79 snips
Jan 2, 2026
Quinn Miller, owner of a successful vending and ATM business, shares his journey from real estate to vending for passive income. He reveals how he expertly cold-called his way into the industry and emphasizes the importance of choosing the right locations. Quinn discusses the fascinating numbers behind his business, including daily sales and product pricing strategies. He even explores innovative vending concepts and the potential of smart coolers. For anyone curious about the vending machine game, Quinn's insights are invaluable!
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ADVICE

Protect Value Perception

  • Price thoughtfully: sell a 12oz can for about $1.50 while sourcing at club prices to keep perceived value.
  • If wholesale costs rise too much, swap products rather than simply raising prices that customers reject.
INSIGHT

People Buy With Money Not Intentions

  • Customers' stated preferences don't equal purchases; stock what people actually buy, not what management requests.
  • Quinn tests products and adjusts inventory based on real purchasing behavior, not promises.
ANECDOTE

He Tastes Products Before Scaling

  • Quinn tests new products in open-market smart coolers and samples items himself before widespread rollout.
  • He avoids products he wouldn't personally consume, which has guided his product choices so far.
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