18 of 25
Home/r/Entrepreneur/2025-07-04/#4217
6

I need your advice on my business idea.

r/Entrepreneur
7/4/2025

SAAS TOOLS

SaaSURLCategoryFeatures/Notes
CoinstarNot providedPayment ProcessingUsed for general basket discount payouts via their payout system

USER NEEDS

Pain Points:

  • Securing prime vending machine locations in high-traffic areas
  • Maintaining clear communication of coupon value to avoid confusion
  • Tracking coupon redemptions effectively
  • Establishing reliable partnerships with brands/local businesses

Problems to Solve:

  • Gamifying savings to increase customer engagement
  • Driving foot traffic through novelty vending machines
  • Creating mutually beneficial partnerships for discounts
  • Simplifying POS integration for coupon payouts

Potential Solutions:

  • Partner with Coinstar for existing payout infrastructure
  • Implement QR codes for redemption tracking
  • Add loyalty programs (e.g. free capsule every 5 purchases)
  • Conduct small-scale testing before scaling
  • Use clear messaging: 'Always win something, sometimes more'

GROWTH FACTORS

Effective Strategies:

  • Leveraging existing payment infrastructure (Coinstar) for faster implementation
  • Gamification mechanics to drive repeat usage
  • Strategic location selection in high-traffic supermarkets

Marketing & Acquisition:

  • Cross-promotion through brand partnerships
  • Novelty factor of vending machine placement
  • Low-cost entry point (€1) with perceived high value

Monetization & Product:

  • Revenue sharing model with partner brands
  • Tiered discount structure (10% chance for big wins)
  • Focus on product-market fit through localized testing

User Engagement:

  • Loyalty programs to encourage repeat usage
  • Transparent value communication to build trust
  • QR code tracking for behavior analysis
  • Surprise mechanics in discount distribution