Branding Your Planet Antares Vending Business

In order to run a successful vending business, you need to ensure that you have the best products in your vending machines. These products play a significant role in determining the success of your Planet Antares vending business. Before selecting the products, you will need to carry out research on which products are popular with the public. This information can be obtained by going to various locations and watching customer buying pattern. Another way is to ask kids about which products to place in vending machines.

You will save a lot of trouble of advertising by placing branded items in your Planet Antares vending machines. These products are already popular with the public and of course, they are always being promoted on the media. By keeping these items in your Planet Antares vending machines, you can be sure that they literally sell themselves. Even though branding is one of the factors that contribute to effective merchandising, it has been underutilized in vending.

C-stores and supermarkets i.e. retail competitors have long been marketing their branded products. They are way ahead of the vending industry when it comes to that. This is something that the vending industry can learn from the retail industry.

Items such as sodas, juices and snacks are sold through Planet Antares vending machines. These products should always be branded. When you place such products in your vending machines, they will always sell. They have been around for a long time and advertised on media channels. This means that there will be no problem in selling these brands in your vending machine. All you have to do is place the machines in strategic locations.

All types of products can be placed in Planet Antares vending machines but it is best to go for branded products. Try out new products as well along with these branded items, you never know which product becomes popular with the customers. This can only be found out by placing new products in the machines.

Honor Box Planet Antares Vending

With greater competition and tough profit earning capacity, the honor box market has become the exclusive domain of a few specialists. The increasing costs have forced many of the Planet Antares vending operators to ignore locations with less than 100 people. However, one segment of this market, the honor box customer, continues to hold on. With the rise in product and labor costs in past few years, even honor box snack operators have explored new business areas.

In the meantime, the honor box vending market remains the exclusive domain of a small group of operators who have learned how to survive the demands of a high annual account turnover, high employee turnover and practically, no means of product accountability.

Many times, vending operators are called on to take over the honor box accounts. As the owner of a Planet Antares vending business, you can take up an honor box account and serve the small population.

Of course, you will have to stay focused if you want to be successful in your Planet Antares honor box vending business. Part of this focus needs to be on account turnover, new sales, cash flow and labor.

In fact, cash accountability in this business hardly exists. If a box comes back to the office $5 short, there is no way to know if it was the customers or the route driver who has taken it. This is obviously a challenge for a vending operator who is handling an honor box account.

On the other hand, the labor shortage is also an issue of concern as it can hurt the honor snack business in the form of the quality of employees at customer locations. If there are employees who are stealing from the snack box, there is a chance that they may be taking things from the employer too. Thus, it is essential to look for trustworthy employees while searching for personnel in your vending business.

Placing branded products in your honor box machine is a good idea. If consumers don’t identify with any of the items, it means that they will not buy them. So, choose an attractive product selection to ensure high sales and profitability in your Planet Antares honor box vending machines.

Steps Toward Planet Antares Vending Business Sales

If you want your vending business to be successful, you need to give constant commitment to a multidiscipline process. A good vending operator is one who is able to handle all the issues involved in the daily operations of running a business.

A key factor of the vending industry involves the product, machines and other goods and services. In contrast, the vending sales force represents the vending operators who go out and try to obtain new business.

Basically, a salesperson on the supplier’s side is involved in more of a relationship type of selling process. You will be calling on the same people every day whether its for selling vending machines or products at the regional level. To build and maintain these relationships, there are several steps that must be carried out. Some of these include the following:

a. Relationship building
Your customers can’t be approached directly to try your vending products and buy them. First, you will have to know the customer well by asking about the origin and starting of their business and the perople who are actively involved in running it. Don’t forget to enquire how they made their business successful. All this is critical for the success of your Planet Antares vending business.

b. Commitment
You must take your vending business seriously and treat it professionaly. To begin with, you must know your customer properly. Usually, the sales people on the operator side of business do cold calling. You will have to develop new relations that can turn into referrals and eventually more business.

c. Goals
A sales goal needs to be fixed for each month in order to determine how much work has to be done for achieving it. Do this on a regualr basis and review it from time to time. After this, you must determine how many appointments will be required to create enough sales to meet the monthly target.

Viable Planet Antares Vending Opportunity

Since the beginning, vending operating costs have increased substantially. Still, financial realties make Planet Antares vending a good and lucrative opportunity for the serious entrepreneur.

Perhaps, vending is the last truly viable business opportunity for people with entrepreneurial skills to earn a decent income. Even though the vending industry has consolidated and has become more expensive for a business to enter the “big league”, there is still scope for the small enterprises to setup and make profits. This will not change anytime in the near future.

Most people find vending a very attractive and viable option for earning some extra money. While some prefer to start it on a part time basis, others build it into a full time venture. Vending opportunities offered by Planet Antares Inc are both easy-entry as well as flexible. You cans tart your own vending business from home and also decide how quickly to grow the business. Due to these qualities, it is a very attractive business program.

To begin with, you can purchase just one or two vending machines. Planet Antares glass front snack and cold drink vending machines are available at very competitive rates in the market. If you have reasonable amount of equity at home, it would not be difficult to finance the purchase.

Your garage can be used to store products and your car for transporting them to different vending machines. Once you have started running your vending business, opt for locations that generate average minimum sales of $100 per week, per machine and keep the commission costs below 10 percent of sales. Make sure that the products are priced in a way that you can derive at least 50% gross profit.

Eventually, you may decide to shift your business out of home. At that time, your startup costs will rise to that of running a full fledged business. The new establishment will bring along additional costs, so in order to provide the additional revenues to pay for all this, you will have to get more customers and machines for your Planet Antares vending business. As per the size of the entity, the Return On Investment will also vary. In an individually run business, operating out of home may make it possible to earn a realistic 40-50 percent ROI.