Sandro Piancone

SharkPreneur

https://vidboxmexico.com/homepage

Vidbox Mexico is bringing the success of Redbox to Mexico, with a dream management team including previous Redbox executive management.

The company obtained an license and non-compete from Redbox for Mexico. The company has 20,000 customer actively renting from only 100 machines placed in key accounts in Tijuana, Mexico such as Wal-Mart, Soriana, 7-Eleven, Calimax, Farmacias Roma and more. Vidbox is a fully automated video rental store kiosk contained in 12-square feet of retail space, featuring up to 200 titles and 950 discs.

For 92% of Mexican households that have a DVD player who are dissatisfied with special trips to a conventional video store or purchasing poor quality pirated DVDs.

Vidbox provides an easy way to rent the latest new release movies at only $15 pesos per day (which is less than $1.00 US)

Vidbox brings the rental experience closer to the consumer where they already shop at a third of the price of the competition. Vidbox has already acquired the 4,000 machines necesary to roll-out the business plan nationwide in Mexico.

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2017-07-05 60 min

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