Working of a Vending Machine

Till date we have only been enjoying the benefits of vending machines. But how many of us are actually aware as to how these machines have become so efficient? What is the logic behind a vending business? How is it possible that when you insert coin into the machine, you get the product you coveted? Is this some sort of miracle? No, it’s something more than that.

Vending is not a need based business. The entire concept of vending business revolves around customer psychology and instinct. These machines are so appealing that we cannot resist ourselves from purchasing. As a result it has been proved that maximum sales generated through these machines are due to spontaneous purchases made by customers.

It is a common experience that we go out to purchase some product but the moment we encounter a attractive looking vending machine vending some kind of snack or soft drink we get carried away by its appeal and purchase it. Nowadays people lead a very busy and hectic that they hardly have any time to visit a restaurant or wait in long queues for their meal to be served. This is how vending machine culture has become popular. They can now have a complete and healthy meal by visiting a vending machine.

If you think vending machine services are just limited to dispensing meals alone, you are thoroughly mistaken. Modern vending machines from planet Antares are capable of dispensing almost anything i.e. right from coffee, candy, newspaper to CD and DVD’s. Modern vending operators are also smart enough that they are very careful while installing their machine. Since these machines are strategically placed in perfect places these generate huge business. Vending business works on a simple logic. For instance- you will not find a candy machine in a diabetic clinic.

So if you are looking at starting a vending business, then try to understand what customers look for in a vending machine? And what is that which can attract them the most.

Tips before Starting a Vending Business

Now that we are aware of the advantages of this business, let us look at some vending business tips that help you to succeed and make huge profits.

How to start the business? There is a lot of ambiguity in minds of lot of people when it comes to starting a vending business. A thorough market research is very important as it helps you to understand the demand, various models of vending machines available in the market, latest products, and customer needs and competitors strategies.

There are different types of vending machines available in the market which includes snack vending machine, food vending machine, candy vending machine, toy vending machine, coffee vending machine, mineral water vending machine and many more. Planet Antares machines are usually the choice for the most coz of its stylish design and robust performance. Besides soda, cigarette and popcorn vending machines, gumball and candy machines also have high earning potential. It is important that operators choose products that have long expiry dates.

After deciding on what to sell, choosing the right location is your next step. Crowded and busy streets, commercial areas, airports, restrooms, bus and railway stations or any other place with large number of people gathering is ideal for starting a vending business. For making this business a success, you need to reach out to people and this can be possible only if you locate your machine in the right area.

Change of currency is one of the most common problems with vending machine business. An operator should always be alert and ensure that the change drawers are emptied regularly so that people will not face any difficulty in buying products of their choice. Operators should also ensure that products are labelled properly especially in case of those products that cannot be seen while purchasing.

Theft is also a major concern in case your vending machines are located outdoors. These issues should be dealt carefully in order to protect your business interests. Operators should also give due importance to maintenance of their machines, detect and rectify technical errors immediately to avoid loss and offer uninterrupted services to their customers.

How To Distinguish Quality Vending Machines?

Irrespective of what other reasons we attribute to take up a vending business, the main aim of all operators is to make huge money. But with the fear of spending more money while purchasing a new vending machine, some of us compromise with a used machine. This is the biggest blunder committed by any vending operator.

It has been proved time and again that more than twice the amount saved in purchasing a used machine is spent on its future maintenance and repairs. Hence it is always wise to purchase a new vending machine from reputed manufacturer.

If you have money crunch, buy a simple machine instead of going for hi-fie version with latest features. Once you are successful, you can buy a higher version with the profit made from your existing business. Purchasing a right machine will not require you to devote endless hours checking on its working efficiency. Thus you can save a lot of time and money on repairs and maintenances of these machines.

Vending machines can be graded in to three categories:

Grade C vending machines: The body of these machines is made up of plastic. This makes them weak and also less reliable. These machines are more prone to frequent break downs and early wear and tear of components. Moreover, these machines are not very attractive to look at and hence not suitable for high profile locations.

Grade B vending machines: The body of these machines is made up of metal and hence are definitely better than grade C machines. However, there are still several issues with these machines. These machines are subject to more wear and tear and catch rust easily. You will have to regularly check on these machines to find out if there is any corrosion that may further damage the products stocked in the machine.

Grade A vending machines: These are undoubtedly best quality vending machines from reputed manufacturers like Planet Antares. It includes high quality metal and plastic components. It is definitely better that grade B and C machines and has combination of best features of both the above grades.

All this information helps you in choosing the best kind of vending machine.