Better Sales At Planet Antares Vending Locations

In the current scenario, vending operators are facing situations where workplace populations have decreased and operating costs continue to increase. With the aggressive competition in the vending market, it is difficult to find skilled labor too. Thus, it is important for you to sell through every vending machine that is already on location.

Basically, there are two ways to enhance the sales of existing vending machines at specific locations.

1. Firstly, you must focus on adding new locations.
2. Second is to generate additional traffic in existing locations.

The second alternative is much cheaper and will have a greater impact on the profits of your Planet Antares vending business. An increase of 1% in the same location sales can improve the profitability by 20% or more.

Most of the costs incurred in running a Planet Antares vending business and serving an account are fixed costs. These include:

• Vehicle costs
• Facilities expense costs
• Administration costs

This would mean that higher traffic at such an account would only involve additional product costs, higher commissions and sales tax.

Industry estimates indicate that the gross profit in vending presently runs at around 52.5% while operating expense averages at less than 25%. It has also been observed that operating profit has declined to an average 1.6%, being half of what it was 10 years ago. Hence, you must use the method of generating more dollars from each Planet Antares vending machine at every location without having to increase operating expense to any great extent.

Adding new locations is another way to increase sales in your Planet Antares vending business. However, this is also a costly technique. The best thing that you can do is to increase the sales in the existing locations by adding more products in your vending machines or adding more vending machines in that same location.