Check out the link above titled “How to Own a RedBox Machine for Your Business” if you’re interested in applying to own a RedBox machine — but it’s not a franchise. There are minimum foot traffic requirements, and an application-by-email process.
Let us know if you get in the RedBox program and if they deliver a RedBox kiosk machine to your store by leaving a comment below.
How will RedBox benefit from the Netflix changes in streaming video content charges?
I just asked my husband which Netflix option we got rid of due to the upgrade in charges for streaming content and DVD rental by mail. He said we can still stream Netflix movies via our Ps3 and other devices, but he got rid of the Netflix by mail option after they went up 60%.
“So I can still look on the Netflix queue for new releases?” I asked.
No, he said. Netflix usually has older movies to stream online, so I can use the Blockbuster DVD by mail to get the new releases.
And there’s the rub for RedBox, says Investors. Places like Blockbuster, I’m assuming, are the ones getting the new releases 28 days before Redbox, (yes, I think I remember that advertising campaign) and consumers like me that really want to see a certain movie may be willing to pay more to see it now than to wait for it to hit a RedBox DVD box.
I haven’t been to a RedBox DVD kiosk to rent anything in a long good while…but at least they’ve got Blu Ray and game rentals now…but so does Blockbuster…
I used to love stopping by the RedBox machine to grab DVDs for only $1.03 that are right outside our Giant Eagle grocery stores in Ohio. It was cheap and convenient, and at least you could return them to any RedBox DVD kiosk the next day before the 24-hour deadline.
But then we got Netflix and found getting those red-covered DVD mailed to us a little more convenient — and adding stuff to the Netflix queue online or via their app (I don’t think I’ve used that yet but my husband did) was also groovy.
And we also later got Blockbuster — and I see they smartened up with their own blue DVD kiosk rentals, but I haven’t used that option yet either. I think it’s easier to just search on Amazon for the new coming releases in movies and DVDs, and then pop over to Netflix and search for those and add them to my queue instead of standing outside a RedBox machine to search for them there.
Especially if there is a line at the RedBox machine. But we still may peruse it from time to time, I just haven’t used it in a long good while, because we don’t need to.
Even after they added the games, which my son loves, we haven’t seen much at a Redbox to compel us to come. But that doesn’t mean we’ll never use a Redbox machine again to rent DVDs or games, and it appears lots of people are still making the slow transition from DVDs to streaming online, so says Investors about the affect Redbox-owner CoinStar is feeling after Netflix price increases.
I believe it. Some people at church didn’t even know the difference between a CD and DVD, let alone start talking about the streaming movies online process.
So Redbox DVD box ownership is still a very viable business it appears.
Now, if we could just find out how much money those Redbox DVD owners are making by having them outside their stores.
Heck, with over 33,000 Redbox machines and counting popping up outside of businesses around the nation, obviously it’s a lot of money and a good revenue sharing split, no doubt.
Investors says the real dilemma is figuring out what movies and games and Blu Ray disks and the like to put in the Redbox machines.