Thread by @MrPassive_

This basic cooler made $3700 this month.

4x what an average vending machine makes.

Here’s what it is, how it’s making so much money & how it’ll make $4000+ next month:

1. What it is.

A Stockwell smart cooler.

Aka the next generation of vending machines.

It’s a large cooler with the same technology as a vending machine (hence the name).

Below is a video showing exactly how it works.

So, how does it make so much money?

2. How it generated $3700 last month.

Smart coolers don't always make more than vending machines...

Only if you do it right.

So here’s what we did:

• Used a variety of products
• Included a touchless payment option
• Placed it in a high-end luxury apartment (750 units)

3. How we’re going to get it to $4000 this month.

$3700/month for a vending machine is great, but…

There’s always room for improvement.

We looked at the best-sellers + what wasn’t selling.

& We came to the conclusion we’d be able to add more revenue by doing these 3 things:

1. Adding more products.

We've slowly been adding more & more products each month to the cooler.

& each time, the revenue increases.

So we're going to keep stocking the cooler fuller until there's no room left.

More products = more sales.

Simple.

2. Doubling down.

For the products we're adding in...

We're being calculated about it. No guessing.

We're reviewing the sales numbers & seeing what's selling the most.

Then adding MORE of those products.

Ex. Gatorade is selling well...

So we're adding more flavors of it.

3. Frequent stocking.

The more often the Cooler is fully stocked...

The more items it can sell.

So we're making sure we're stocking it every few days (since it's selling so quickly).

Eventually, we'll pay an operator to do this for us.

& That’s the smart-cooler breakdown.

This cooler was placed by one of the members of the Vendingpreneur family.

I’m excited to see how high we can scale this single vending machine. 🚀

I’ll keep you updated next month after our plan is in place.

If you enjoyed this smart-cooler breakdown:

1. Follow me @MrPassive_ for more like this
2. RT the tweet below to share it with your friends 👇

Thanks for reading.🎯

https://twitter.com/MrPassive_/status/1771154204163252535

If you want help starting your Passive Income journey in addition to your
9-to-5...

DM me "Passive" and let's chat. 🥤