Answers in Progress

In my last post I listed out a lot of my initial questions that came to mind when I first started looking into the DVD Rental Kiosk industry....

Q: Who maintains the stock?
A: ME - I was pretty sure I would get this answer, but I wanted to be on the safe side and ask. I would be in charge of purchasing the DVDs, and placing them in the machine. New releases are set to hit the street on Tuesdays, so I could go out every Tuesday and load the new movies, or I could put them out sometime sooner and lock them down.

Q: Where do I get the movies?
A: Anywhere I want, but Gordon suggest I check out VPD. DVDNow has a strategic Alliance with Video Production Distributors. VPD is a big company that supplies a large part of the market with DVD's. Their deal with DVDNow is 6% over cost, and a buy back program for any DVD's that do not get sold from the machine.

Q: How long does it take to stock the machines?
A: 5 to 10 minutes

Q: Are there any sample reports I can see?
A: That will come with back end software demo if you become an accepted distributor.

Q: What is the potential income?
A: DVDNow is prohibited by law to make income claims, but after you are accepted as a distributor they can put you in contact with some other distributors who have much more liberty to discuss that type of information. (Here is a link to a blog written by a guy who already has a few machines up and running)

Q: How do I get customer email addresses, so I can do promotions?
A: This cannot be gotten from the machine, but a customer can visit your website to get a receipt, and they are working on a way to offer email subscription for promotional contact.

More to come...

A Little About Me

Hi Everyone,

Welcome to my blog! My name is Jason Simpson, and I live in Bowling Green, KY. I have been married since May 22, 1999 to my beautiful wife Tami. We have 4 sons (Allen, Colby, Jeremiah, and Nathan).

I am President and CEO of J.A. Simpson Incorporated, a company that over the years have done various things. I have done Customer Support, Web pages, Internet Multimedia Development, and played the role of Project Manager with a Software Company. The running theme through all those careers, is the Internet. Pretty much every job I have undertaken over the course of my adult life has been sitting at a desk pecking away at my keyboard. It has been a pretty good deal.

As I right this, I am just 3 days away from my 30th birthday, so I decided there would never be a better time to sit down and see what this blogging thing was all about.

As I have gotten older, and my family has grown to 6, I have come to the conclusion that multiple income streams would be the prudent way to protect my family in this wonderful day an age of ups and downs that we live in. So a few months back I started to pay attention to the world around me, to see what kind of opportunities my present themselves. I had discussions with my friends, all of whom, to my surprise rattled off interesting ideas for developing another stream of income.

Then one day a number of months ago I was reminded of something that got me excited, but I don't want to get ahead of myself...