Importance Of Vending Branded Products

We often get to hear that dispensing branded products is often more beneficial when compared to unbranded ones. But what is Brand? And why is it so important? The typical definition of brand goes like this: Brand is the name or logo that is commonly used to identify a product or service offered by a company. Branding is important for every business and vending industry is no exception to this. Why is it that we instantly associate one product when we hear its brand name? This alone shows the significance of brand.

Branded products are easily recognised by customers and so there is no additional marketing required for these products. Moreover selling them using vending machines would make operators machines gain popularity among customers. Modern customers are also brand conscious since more and more people relate themselves with popular brands. Few brands like Pepsi and Coke have been marketing their products since a long time and they are trusted by everyone. So, selling those products in your Planet Antares machine would be helpful in increasing your sales.

Understanding the pulse of customers helps operators in offering what they want or look for. Operators need to adopt new strategies for making their products more appealing and attractive and also introduce some offers. A couple of coupons or mailers can be tried out initially or discounts should be offered for a limited period so that your sales shoot up. More and more promotional activities should be taken up to keep your customers motivated and happy.

Selling branded products also helps in boosting your sales and most importantly keeps your customers well satisfied. One most important benefit for an operator selling branded products is that he need not worry about the expiry date of the product as this is going to be taken care of by the brand owner himself. Another benefit is that branded items are usually of very high quality and hence operators need not worry about the quality of these products.

Thus vending branded products is not only beneficial for customers but also for operators.

Four Guidelines for Successful Vending Business

One of the very few businesses that require very little input when compared to the output it generates is vending business. This 100 percent cash business is proven to be highly profitable when machines are purchased from reputed manufacturers like Planet Antares. Some of its unique features that assist in generating huge revenues are negligible initial investment, no employee, no specialised skills and minimal overhead costs. Therefore if you are looking at taking up this business, just follow the below mentioned guidelines for becoming successful:

• Right location: Location is one of the important factors that influences the success or failure of your business. While choosing location, look for one that has maximum footfall. Theatres, parks, movie halls, shopping malls etc are some of the ideal choices for locating your vending machine. Avoid installing your machines in isolated locations as this could invite vandalism and theft.

• Maintain sufficient quantity of stock: Whenever you start a vending business, make sure that you conduct a thorough market research. Try to purchase stock directly from manufacturers as this could help you in minimising costs and thus make higher profits. Also ensure that your machines are always stocked sufficiently. This will prevent customers from returning empty handed.

• Scale of operation: When you start vending business for the first time, do not go in for too many machines in the initial stage. It is always advisable to start small with may be one or two machines. Once you gain confidence in yourself and on the way things are moving, you can expand by going in for more number of machines.

• Reputed/established manufacturers: Always make sure you buy machines and products from established or reputed manufacturers. This will reduce the risk of purchasing faulty or poor quality items.

These simple guidelines if followed carefully would guarantee you in reaping huge benefits from vending business.