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$10,000 USD

Mobile Vending Machine

www.getvendigo.com

Appears in Food and drink , California, Business and Franchises under $10,000, United States

General description

Recently (March 2018) featured in Business Insider as a resource for Uber/Lyft Drivers! I can't link the URL but copy and paste this into search engine to find the article: Business Insider Uber and Lyft drivers are selling candy and snacks in their cars.

Vendigo is a product display kit built to help Uber and Lyft drivers easily sell hot ticket items like 5 hour energy drinks, phone accessories, and gum. It integrates with a Square credit/debit card reader, allowing passengers to quickly purchase products during their ride. You provide the products and set the prices, keeping all the money you make.

Grew company from an idea to a nationwide service with 3,500+ drivers, 6 paying companies and $12,000 MRR.

Financials and traffic

Average profit/month

$1,000 USD

Average overall profit margin

60%

Average number of sales/month

10

Total revenue for last 12 months

$3,029.00 USD

Total traffic for last 12 months

10,142 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Facebook

copilotus

Instagram

getvendigo

Twitter

getvendigo

Newsletter list

3,532 subscribers

Social media followers

3,300 people

Q & A

Why should someone buy this store?

Currently at 1 - 3 % conversion on unique visits to the store. Not enough time to dedicate to growing this business.

How can the future owner improve the business?

Marketing strategy and knowledge of Uber and Lyft driver space.

What work have you put into the store?

  • CoPilot turns the average 12 minute Uber and Lyft ride into a powerful experiential marketing and user feedback tool
  • Grew company from an idea to a nationwide service with 3,500+ drivers, 6 paying companies and $12,000 MRR
  • Started and led 5 person team through Cardinal Ventures incubator in Spring 2016 which culminated in a pitch that secured seed funding through Highland Capital summer program
  • Gathered and analyzed data to continuously identify opportunities in driver supply, operations and sales using Excel, Google analytics, Zapier and Typeform
  • Designed android application (Sketch) and managed development and implementation which increased backseat ridesharing passenger engagement by 43% and email submissions by 58%
  • Made 538 new contacts by walking 50+ miles at 4 day CES tradeshow, resulting in 36 brands applying to CoPilot
  • Designed data driven website (Wix, Google Analytics) with <$1k marketing strategy that converts 24% of the 1833 unique sessions a month to apply for an Ambassador position
  • Built lead identification, cold lead outreach and hot lead conversion for data driven sales process that identified 2400+ leads and average a cold outreach reply rate of 26%

$10,000 USD

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