Diversification

Hello there!

It has been a very long while since I made a post here, I have been working on some other web projects of mine, in particular www.worldsmostads.com

Anyway, here is what this post is all about Have you ever seen a vending machine and gone up to it hoping to get a bag of chips, only to be disapointed to only see healthy food in it? That is always a bummer. It’s like “Wow…I had to walk all the way over here only to be dissapointed”.

So, a simple solution to this problem is stock your machine with both snack food an healthy food. Make half of the machine the typical stuff( Doritos, Cheetos, Fritos, oh my)! Then make another half Some stuff like Nature Valley bars, Weight Watchers snacks, etc. This way you will provide the demand for both types of people.

 

~Happy Vending!!!

Monthly fee or Percentage?

Wow, haven’t posted here in a while, I apologize for that…exams take a lot of time, haha. Anyways…this is the main purpose of this post today. What is better for you, paying a percentage of your profit for a vending spot, or paying a rental fee for your spot?

Both have very nice benifits to you, the entrepenuer. Lets start with percentage… lets say that you agree to pay your spot manager 15% of your profits per month, this could be nice to do, but it can take a lot of your earnings.

Paying a monthly rental fee may sound expensive and risky, but owning your own business IS risky. This method, I think is much better for you and your vending machines. If you agree apon a monthly fee of $50 per month and your machine is bringing in $150 per month, then you made $100 profit as to paying your rentor 15% of those earnings to him per month.

In my opinion, hammering out a rental fee is the most profitable way for you to do it.

Product Ideas

Alright, if you have a snack machine, this is for you. To reach max. profits you need to diversify your product. Add some real food in there, ie mac n cheese, stuff like that.

Lets run with the Mac n Cheese example… Okay, so a case of 36 Easy Mac cups cost $34.62. So, that comes down to $.96 per cup. And if you sell them for $1.00 you would make a total profit of $1.44, not much… but, if you sell them for $3.00 per cup you would make $73.34 for the entire box, not bad huh. My math may be a little off, just did this off of the top of my head.

~Happy Vending!!!

New vending Invention

Vending Community. I am in the process of inventing a new device that will revolutionize the industry. I will get it done as soon as i can, but I promise you that all of your lives will be made asier because of it

~Happy Vending!!!

Advertising

To get your product to sell, use some cleaver advertising. Like over your machine put up a sign saying “Refreshing pop” Something to catch peoples eyes. As long as your locations manager permits of it.

 

Sorry for the short post, I am tired and am commited to my “Post a day guarentee”

 

~Happy Vending!!!

Max Profits in a good Location

So, you want to find the perfect location. Well, you need to first look at what you are selling. Is it pop, snacks, gum, candy? Part of your location, should depend on what product you are selling. So, lets pick a product, how about…Gum. Okay So, pick a place where gum could come in use. What king of food is being served at your location. Is it another vending machine that has chips, or maybe it is an Italian Resturant. Gum has potential to sell very well at an Italian resturant. After the garlic in one of those meals you don’t want your breath to smell horrible, so someone will by some gum or mints. As long as your machine is placed in an area will people will see it, you will sell out your product faster than you can say Mississippi Mud Dog!

~Happy Vending!!!

First Post of the New Year

Here is the first post of the new year on vendingblog. I wish all of you a successful and prosporus year in the vending business.

 

~Happy Vending!!!

New “A Post a Day Guarentee”

Hello fellow reader…

I am now instigating a new policy on this blog. It is called the “Post a Day Guarentee” Mean that I will promise you, the readers that I will post atleast on e thing a day on this blog, do there will always be something new to read about

~Happy Vending!!!

Getting your Idea out to Suppliers

A fellow reader contacted me about this the other day and after re reading it a few times I got his question clearer. His question to me was…

As a supplier, who are the best people to contact in order to get our product distributed through Vending Machine operators?

That could be a hard thing to do, I would say go to some of the major vending distributors with your idea and see what they say, BE SURE YOU PATENT YOUR IDEA, BEFORE DOING THIS!!!! They may steal it and give you nothing, except for a kick in the butt to get out of their office.

If none of the major distributors see your way of thinking then you can take it to the next step. You could buy your own machine and customize it to your likings and your products image and start from the very bottom of the business ladder and who knows, you may even become the next John Rockefeller of the vending world.

Another outlet to get your product out there is go to a vendors convention. They have those every now and then. You may have to go to the major cities (ie. New York, Los Angeles, Tokeyo, Moscow, etc.) This could get expensive, but you may get lucky and your product could take off.

Hope this helps and Happy Vending!

Just starting

So, you are looking into buying your first machine. You are curious about what one will fit your needs and most importantly your budget.

Now, unless you have alot of start up cash and a killer location you won’t be able to afford or keep up a snakc and soda vending machine. The price tag on a brand new Rowe-A Model 4900S-6 shelves is $1495! Wow that is alot of cashe for something you are just starting out on doing!

Your best bet is to start small, something that if it fails won’t take months to regain your lose. Start small, one example is a gumball or bulk candy machine. The average price for a machine like this is $55-75. Okay, not that bad of a price, right? These are also cheap to re supply, with a bag of candy only costing around $25 and that is a BIG bag, about 20 or so pounds of candy. That will last you a very long time.

Once you start to see success in your first machine, think about buying another one, or upgrading to maybe a triple head machine.

 

Enjoy and Happy Vending!