Vending Business Starters Can Get Great Locations Too

The vending business may seem to be a “no brainer” but its not just about buying a vending machine. Your vending machines need to be strategically placed at popular locations. Also, good service should be provided to attract as well as satisfy the customers.

In spite of popular belief, searching for vending information and getting advice from a few vending companies and experts isn’t enough. You need to get the right machines at the right locations before you expect a decent return from your vending business. To begin with, you must observe and analyze the requirements of various locations in your area. Then, decide the best vending machines for these places. Not the other way around.

Don’t buy the equipment first and then look for good locations to put them. Business offices, hotels, airports and schools all require different types and mix of vending machines to serve customer requirements. You must approach business owners for placement of vending machines that are actually needed in their premises. This means that you will have to convince potential location owners through logical reasoning and not a common sales pitch.

Another misconception involves starters searching for untapped locations which have no vending machines. These places may be too small or inaccessible. A better option would be to ask the managers of high-end locations whether they are satisfied with the current vending machines in their office or store. Such high traffic places allow you to earn anywhere from $5000 - $100,000 or even more for a large selection of vending machines and products.

Mostly, location owners will be concerned about two basic factors; machine performance and service quality. If their current vending operator is not satisfying these requirements, you have a great chance to replace the old vending machines with your brand. Select a business with at least 30 employees. The more, the better. There should be heavy customer traffic and footfalls in the premises during each day.

You probably won’t find a location the first time you go to a business owner. However, if you treat your vending machine business like a real, professional venture, you will eventually find the right locations for getting reasonable returns on investment. Start within your area and diversify as you gain more customer acceptance and business reputation.

If you don’t have the time to place your vending machines, you can take help from vending locators. Planet Antares Inc is a vending machine supplier and its services include finding appropriate locations for your vending machines to make it easier to setup and operate a vending operator business.

Vending Strategies: How Smart Are You?

So you have heard a lot about the all-cash, fun filled vending business. Before you get excited, it’s important to know the pros and cons of this business and understand how to make it work for you and help you earn substantial profits.

There are various advantages of a vending machine business.

No employees
There is no need to employ any staff or labor. Your machines are the only employees.

All-cash
The most attractive feature of a vending business is that there are no credit period systems.

There is instant transaction and most vending machines accept cash while some may even provide the option to pay through credit card, smart card or bills.

The shortcomings of a vending business may be as listed below:

Breakdown
If you don’t know how to fix various problems related to your vending machine, your machine will become inoperative and that means losses till you can get it repaired.

Bad locations
You may not be able to get the right locations for your vending machine. This can have a negative impact on sales and profits.

In order to ensure success for your Planet Antares vending machine business, you need to understand and use a few strategies to have an edge over the competition and earn financial rewards.

It is very important to place your vending machine at a good location. This may seem like a no-brainer but you may face a lot of rejection before any business owners allow you to install your machine in their premises. Don’t get discouraged because there are many untapped places which you can use your creativity to discover and then place your vending machines.

Install your vending machines at easily accessible locations, especially where people gather or wait. Think about the kind of people you want to cater and the kind of products stocked in your machine and then, match these to your chosen location.

Another issue which you must take into consideration is the kind of machine you have selected and its suitability for a particular area. Planet Antares Vending offers different machines with different features. Some may offer multiple products while others may offer a single product only.