How much money does a Redbox franchise cost? How much does it make?

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It’s funny to read all the questions that people pose about owning or franchising a Redbox DVD kiosk, and even more interesting to read some of the responses online. The truth is, we won’t know how much a Redbox machine costs to have installed at your place of business until you apply using the steps outlined in the above link.

How much money does a Redbox machine make in a day?

“Redbox kiosks can make a few hundred dollars a day,” writes the ChaCha website. “It’s all about placement. If it is located in a busy area it can make up to a thousand a day.”

Now, this may be well and true — but if the ChaCha person answering the question didn’t speak with a person who owns a Redbox machine directly (or rather, someone who has a Redbox machine at their place of business) then they won’t know exactly how much cash Redbox machines average until Redbox owner CoinStar releases that specific information.

Redbox Automated Retail LLC was initially funded by McDonald’s Ventures, LLC, a wholly owned subsidiary of McDonald’s Corp. In 2005, Coinstar bought 47 percent of the company. In February 2009, Coinstar paid McDonald’s for the rest of the company.

And no matter how much searching has gone on online, until a Redbox owner begins to unveil their actually split of the earnings, we may never know. But I hope I find out soon…

Redbox DVD kiosk requirements

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Welcome to the website that’s all about how to own a Redbox machine.

It’s not a franchise, but there is an application process that business owners can undertake to try and get a Redbox machine at their place of business.

Find out how to apply for a Redbox machine here…

What are the requirements for business owners applying for a Redbox DVD kiosk at their location?

Redbox requires that interested business owners supply them with the following information as a first step in the application process:

Name:
Email:
State:
ZipCode:
Location Type:
Average daily traffic (transactions):
Location Description:

“If you have any additional questions, comments regarding this issue please contact us at 866-redbox3 (866-733-2693) to avoid any further delay in resolving your matter,” says Redbox, who sent me the email from questions@redbox.com after I chatted online with redbox Customer Care via Redbox.com.

However, that doesn’t give us much detail about what their minimum requirements are for getting a Redbox machine.

Reader feedback about getting a Redbox kiosk machine…

Not sure if this comment came from an actual Redbox machine business renter, but here is what one person wrote to me about the process requirements:

“Hello Interested investors…

RedBox is a company that will pay you a commission based monthly income. Contrary to some beliefs RedBox is not a franchise style business. As a owner of a business you must have some prereqs before considering to apply for a storefront RedBox unit.

Some of the needs you must have: 50,000 worth in foot traffic (that’s daily traffic…), visibility, a prime location to place unit (around 12sq. feet).

If approved, a commission based on sales will be paid to you by RedBox.

So, what does it cost you? Well the unit will not cost you, what will is your location real estate, and you might need to work out a deal for power the unit. Any problems with the unit will be taken care of by the mobile techs of RedBox.

What does this mean to most…
Big box/ anchor stores will be the first ones to have these units Example: WalMart, Krogers, Ralphs, 7-11, and such. Don’t be discouraged if you can pull off attracting heavy traffic, well it is in the favor of both RedBox and you… Once again we see LOCATION, Location, location… hope this helps…”

Even if you don’t have the foot traffic described from that anonymous person who left the comment, go ahead and apply anyway, and please come back and leave a comment about your experience! Thanks!

Redbox launches referral program through Performics, now known as Impact Radius

Well, for all those folks waiting to get a Redbox machine outside of their store, please follow the application process listed at the link above.

And for those who run websites, Redbox has just launched an affiliate program, paying people who are approved a flat fee of $0.25 for each applicable order that a visitor completes within one day of being referred through one of your affiliate links.

After reading the press releases about the event, this reporter applied to the Redbox affiliate program via their link on http://www.redbox.com/affiliates, and it sent me to an Impact Radius screen that allowed me the options of signing into my existing account or setting up a new one.

I signed into my existing account — thank God I had one and for remembering the password! — and I accepted the long list of terms set forth by Redbox, including the following, plus many more that you’ll see when you apply:

Online Rental
Payout
You earn $0.25 (Flat Fee per order)

Performance Bonus
None

Click Referral Period
Visitor must purchase within 1 days of referral

Action Locking
All actions happening in a given month are locked 15 days after the end of the month

Payout Scheduling
Approved Transactions are paid 30 days after they are approved

Recurring Transactions
For return consumers payouts apply to 0 recurrences

Media Partner Tracking Pixel
Advertiser does NOT allow media partner to fire their tracking pixel when the consumer action is completed.

I hope I get accepted to Redbox’s affiliate program

So all the movies that I watch and write about can gain me plenty of quarters upon quarters (which can really add up) in the long and short run, if enough people reserve Redbox movies through my affiliate links.

Impact Radius’ referral program wasn’t as intuitive as some of the others I use, like Amazon Associates, but once I figured out that my Redbox application was under their “Proposals” section — and that my act of accepting their terms way at the bottom of the pop-up text that showed the previous text and much more, I realized that’s why I couldn’t find “Redbox” under the Marketplace tabs of Campaign, Media Place and Agency Marketplace when I searched.

I’m glad when big, successful companies like Redbox open referral programs, appreciating the fact that those of us out here writing and bringing them customers are a profitable part of their business, and reward us accordingly.

Now — will they open a referral program for every cup of Seattle’s Best Coffee sold through their new coffee machines?

That could be cool. Or hot, actually.

I’ve got my routing bank account numbers all in my Impact Radius account and am ready to go!

Redbox is kicking Netflix’s butt, says CNN

There’s an interesting new piece making the rounds from CNN into Twitter-land and beyond.

“Coinstar is kicking Netflix’s butt,” is the title of the CNN article describing how the innovation of Redbox-owner Coinstar is causing the company to surge beyond its competitors, especially in the wake of the news that Seattle’s Best Coffee machines will be meting out coffee from kiosks just like folks are used to getting their movies out of a kiosk.

I’m a living witness that Redbox movies can be easy to retrieve (the ones in stock, that is) and cheap to watch and return the next day. A family friend talked about her and her parents and siblings watching a recent popular movie on the cheap by getting it from a Redbox machine.

So Redbox is doing things right, apparently.

Read the CNN piece here…

Coffee kiosks from Coinstar: More than 500 kiosks expected in 2012

Coffee kiosks are the hot new thing in automated retail

Redbox-powered Seattle’s Best Coffee kiosk at the Harris Teeter grocery store in Reston, Va., in December 2011.

Photo credit: http://techmediatainment.blogspot.com - Redbox-powered Seattle’s Best Coffee kiosk at the Harris Teeter grocery store in Reston, Va., in December 2011.

Coinstar, owner of the uber-popular RedBox DVD machines that prompt many inquiries each day from customers hoping to get their own kiosks outside their own businesses, is taking a serious leap into the coffee kiosk business.

The Seattle’s Best Coffee brand already enjoys more than 50 of the strikingly new machines in cities like Seattle, San Francisco and Washington, D.C.

By the end of 2012, they expect about 500 of these coffee kiosks to be in operation, passing out that hot and piping and newly and freshly ground coffee to curious and caffeine-craving customers.

Can regular customers, business owners or individuals buy these coffee kiosks?

That’s the big question.

With the specialty coffees running from a buck to a buck-fifty for a 12-ounce cup, entrepreneurs can definitely spot the earnings potential per year for trying to get one of these franchises, just like folks have tried to get RedBox machines outside their stores for years now.

However, the targeted retail locations of these new coffee kiosks are approximately 50,000 mass merchants, supermarkets and drugstores, and each kiosk is expected to bring Coinstar approximately $11,000 to $12,000 each year in sales.

So business owners who want to try their hand at getting a coffee kiosk outside their businesses might do best to contact Coinstar via the same application process spelled out at the link above that the wannabe RedBox DVD machine owners take.

After all, this automated retail business is obviously the hot new thing, what with cupcake ATMs and everything, and it would behoove us to get in on the new trend.

Read more about the new coffee kiosks.