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How accurate is the $7 per head per month average?


Zeusophobia

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I have two machines in what I thought would be poor locations and they're both doing a lot better than this $7 per head average that keeps being thrown around.

 

I know that machines vary widely, but you'd think a gumball machine in a scientific lab with 11 people and no walk in customers would be doing less than average.

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If this is your first month there, wait awhile, you'll long for that $7 a month average.

 

I agree.

The novelty will wear off soon enough and you will see a decline in quarters.

 

To answer your question....$7 is very outdated IMO.

If a head is only doing $7 per month AVERAGE, that means there are months that it does less than $7.

THAT is waaaay to low.

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7$ a average mech is not good in my opinion. I would be bankrupt at that gross amount. I really think 15 to 20 is more accurate number for a four week cycle expectations. I've pulled racks at 10$ mech averages because of hard to deal with owners and out of the way spots. Be selective with your equipment and don't be afraid to pull.

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Thanks for clearing this up guys. I don't think I worded my question correctly, even though you've all answered it regardless.

 

I am making WAY more than $7 a head in locations that I thought would be crap. I read some old threads and when I bought the machines I was expecting to average at $7 per head.

 

I was just really confused as to why the crap locations are doing better than average, but according to you guys they're doing average, which makes more sense to me.

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Because its not a crap location. You you cant pre-judge these spots, you never really know how good they will do. I have had locations that I didnt even want to put machine in turn out to be great money makers.

Traffic volume is a good indication of potential but the truth is you can have 1 or 2 employees who like candy and gum at a location with no traffic that can make that location successful.

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Is the 7 USD an average the total amount of money you pick up? Or the net profit you pick up?? In both cases I think its pretty lame I wouldnt settle for anything less than 15 USD NET INCOME!!! and I am from a third world country lol.

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