How to Identify New Vending Locations?

There are no set boundaries for operating vending business. This is an open market and everyone can set up his/her business in any place of his choice. However, when it comes to choosing the right kind of location, it’s quite challenging. Operator’s choice of location is influenced by several factors like financial ability, kind of product and target audience. Hence it becomes imperative for the operator to consider few aspects like visibility and accessibility.

Both these factors help in creating more business and repetitive purchasing. Some potential places for locating your machine are near the entrance or exit of any shopping mall, next to water fountain, opposite a rest room, besides a coffee maker, near the reception, next to cash counter, near a music store, in a waiting area (petrol station) etc. The main aim here is to locate the machine in or near a place where there is some amount of customer waiting.

How can you find a prospective location? There are several methods of locating new and high customer traffic localities. You may do it all by yourself or even take the support and guidance of a locator. Planet Antares customer support also guides vending operators about selecting the best location in their preferred area. If you are looking for a location yourself, to start with, you can make use of flyers that carry information about the various services offered and contact details. Flyers is the best method when it comes to promoting information related to existing operators in the locality, most commonly used models of vending machines, their prices, services offered and similar information that impacts the success of your business.

Another way of identifying new locations is by advertising. With the prospects of success being very high, several operators are spending huge money on various modes of advertising. However, operators need to be choosy when it comes to investing their hard earned money and be very cautious so that they do not get carried away by any misleading information.

Once you collect leads, it is up to the operator to close the deal on location. Operators also need to be aware of the various local and state regulations relating to placement of vending machine. For instance: there are few states that do not allow vending machines to be placed outdoor. A thorough knowledge of all these would enable you to run your business smoothly without any operational hiccups.

If you plan to start your vending business, you can get in touch with experts from Planet Antares. They assist you in choosing the best location for vending business and also provide wide range of vending machines to choose from.

Tips While Taking Up Vending Business

Since you have decided to start a vending business, you must be totally aware of its advantages. Before starting any business for that matter, it is imperative for the operator to obtain maximum information about the business, its scope, and existing operators, machines commonly used by them, products in demand and most common issues arising during setting up this business.

There is no doubt in stating that vending is a very profitable business that does not require huge capital unlike any other business venture. It is important for you to decide how much you would like to invest. Since the remaining process is influenced by the amount of money you are prepared to invest in this business.

If budget is your main constraint, you can decide whether you would like to hire or purchase a vending machine. The next important step would be identification of right location. The market research done by you earlier would come to your aid now. Vending business would remain profitable if and only if you learn the secrets of running it properly.

Most operators concentrate only on product, machine, and location and tend to ignore maintenance and customer service. These two factors are equally or in fact more important. Maintenance here would mean regular servicing of the machine, refilling the machine on time, replacing outdated or expired products and collecting cash on time. If you do not have time to do it all by yourself, you can delegate some of these works to an operator but one thing that is important is that you need to manage all these works personally, in order to make sure that everything is done promptly on time.

Staring a vending business is quite easy and can be taken up by anyone. However, withstanding the competition and creating a unique identity for yourself is quite challenging. This can be achieved with proper planning and careful and strategic approach.

Planet Antares can help you in every step when you decide to start your own vending business. All you need is to fix up an appointment with Planet Antares staff and start a profitable business journey today!

Simple Tips for Successful Vending by Planet Antares

The mantra of successful business is choice of its Product, Price, Place and Promotion. All these four play crucial role in almost all businesses. However, all these factors are inter related and each of them play a very vital when it comes to a vending business. Since vending is a customer oriented business these factors are even more vital.

We all take up vending business for numerous reasons but the ultimate goal of everyone is to generate huge revenue. Let us look in detail as to how each of these factors influences the success of a vending business.

• Product: There are several products available in the market. There choice however depends on your target audience and location. For instance: If you have targeted children, you can choose to vend toys, chocolates, ice creams, pop corns, games, snacks, food items etc. The choice of this product would in turn depend on where you would like to locate the machine. In case you are looking to place the machine near a park, you can dispense pop corn, ice cream or toys.

• Price: Pricing is also crucial for success of any business. The choice of your machine is greatly influenced by your investment ability. You have several vending machines available in the market ranging from few hundred dollars to several thousands of dollars. The price of this vending machine depends on the model and features it includes. Smaller machines like candy and gumball cost you less in comparison with machines that come with sound and display systems.

• Place: Place or location is also very crucial for your vending business. Placing the right kind of machine in right location can give you guaranteed returns. Finding strategic locations for placing vending machines is not as easy as it may sound. It is only with thorough market research, that you will be able to identify the right location.

• Promotion: This depends on the kind of product you would like to dispense. In case you are dispensing branded products, you do not need to undertake additional promotional activities. However, if you are vending unbranded items, you can go for paper ads or try coupons and similar activities for boosting your sales.

These simple tips if born in mind can give you huge success. For more information, contact Planet Antares support staff.

How To Make Vending Successful?

Vending is one business that is gaining huge popularity these days not only among customers but also among operators. More number of operators prefers to take up this business. Besides its popularity, vending is best source for earning additional income.

Cost of living these days are so high that single income is not sufficient to maintain the family properly. So, it is advantageous of taking up a business that does not require much time but can guarantee you substantial income. Vending is one such business opportunity that gives you financial freedom and at the same time comfort and convenience of working at your own pace.

How to make this business a huge success? Proper planning and hard work can bring you success in vending. Not only vending, these aspects fit well for all kinds of businesses. Factors that can boost your sales and thereby bring success are mentioned below:

• Quality: Modern customers are quality conscious. They are ready to spend more amounts but are unwilling to compromise on the product quality. Ensure that you stock your machine with best quality products.

• Customer service: Vending is a customer oriented business. You exist as long as you are able to satisfy your customer. Once your customer is upset with the kind of service he receives, he will never visit you and at the same time stop others from visiting you. Word of mouth plays a key role in this industry.

• Maintenance: Good looking machines can attract customers. Ensure your machine is clean, regularly serviced and is in proper working condition. In case of breakdown, try to resolve the issue at the earliest. One sec of time wasted leads to break in your revenue.

• Gifts and coupons: Use advertising strategies like special gifts and coupons. These not only draw customers towards you but also advertise the products you sell.

• Inventory: Ensure you machine has sufficient inventory stock in it. Make sure no customer returns empty handed after visiting your machine due to lack of stock.

• Latest products: Customers like to try out new products that have been introduced in the market. Try to introduce such products in your machine. If their demand fades, you can replace them with your previous products.

These if properly implemented can bring smiles on your customers face and happy customers leads to successful business. For information on starting your own vending business, get in touch with Planet Antares staff and get complete insight about the vending industry.