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The Umbrella Vending Machine, a Business for a Rainy Day
Author: Adam Singleton When Charles Ejogo appeared on BBC2's Dragons Den looking for a £150,000 investment for his umbrella vending machine company Umbrolly, he managed to convince two of the Dragons (Peter Jones and Duncan Banantyne) that his idea to sell umbrellas from vending machines on the streets of London was a winning idea. Ice Cream Machine Vending
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bulk candy vending company , wholesale vending machine , Ice Cream Machine Vending, vending machine supply , old soda vending machine However, despite being offered the full investment needed, and shaking on the deal, the money never arrived. Misunderstandings over the finer details of the deal were blamed; the dragons were apparently under the impression that Umbrolly had arranged for advertising to be displayed on the vending machines panels, when in reality, Ejogo had hope to be able to get the contract for advertising at a later date. Following the collapses of the deal with the Dragons, Ejogo was forced to go looking elsewhere for investment. However, the publicity from the show proved to be well worth the intimidating experience of being grilled by the dragons, as directly after the shown was aired, Ejogo was inundated with offers of investments and partnerships, and like many business ideas, what began as a bedroom brainstorming session, soon moved to a serviced office in London and later to its very own premises. Umbrolly now offer several different types of Umbrella vending machine, which range in size. The smallest (named the "mini unit") is only 8 inches deep, and is thought to be the smallest umbrella vending machine in the world. The company are now in the process of building a network of retailers who will house the vending machines, and they have been successful in winning over several lucrative contracts where passing pedestrian traffic is high, such as in airports, train stations and shopping centres. So, it just goes to show how important publicity is when tying to get a new business off the ground; even though Ejogo's Den deal fell through, it didn't stop him from succeeding with his umbrella vending machine idea, and it proved to be the perfect business for a rainy day. Adam Singleton is an online, freelance journalist and keen gardener. He lives in Scotland with his two dogs. Related Ice Cream Machine Vending Articles
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