Wednesday, February 24, 2010

Advantages of Vending

In these times of recession, there is hardly anyone who is not looking for an additional income source. If you are one among them, then vending is perfect for you. However, this does not mean that vending can make you rich overnight. Like any other business, you need to put in a lot of hard work and dedication to become successful in this industry.

Vending is not only beneficial to its operators but also offers several advantages to its customers. Some of these have been mentioned below:


• Quick and convenient: Machines from companies like Planet Antares save a lot of time hence convenient to use. Once money is deposited and product is selected, it hardly takes few minutes for dispensing the product.

• Small areas: These machines can be placed in those areas where it is not possible to run a full time cafeteria.

• Quality: Even branded products can be vended using these machines. So quality is no more a concern.

• Service: The services of vending machines are available 24/7 round the clock without any interruption.

• Variety: Vending is no more restricted to few limited products. Customers can purchase almost anything from these machines.

Advantages to operators:

• Cost: The cost of starting a vending business is low when compared to any other businesses. This business does not require huge floor area, manpower and maintenance costs are also very low.
• Cash: This is a complete cash business hence there is scope of bad debts and collection issues.

• Flexibility: This business offers flexibility in terms of working hours. You can take up this business either in a full time or part time basis while still continuing with your routine job.

These are just few benefits associated with vending business. However, one thing is for sure. Vending industry is growing and has a huge scope for further growth.

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Thursday, February 4, 2010

Quality Highly Significant In Vending Business

There are so many vending operators operating in this market. But why is it that only few of them are able to make huge profits while the others do not may as high profits as intended by them. Quality of products offered and service provided to customers makes all the difference.

Vending is a customer centric business. So if you want to become successful in this industry, you need to offer the best at the most reasonable prices. It is quite challenging to satisfy modern buyer. He is very conscious about the quality of products he is purchasing. Most often, he is even willing to spend additional amounts rather than compromising on its quality.

Vending machines are usually located in offices, schools, colleges, hospitals and similar other places where customer traffic is very high. Besides aiming to enhance sales, operators should also concentrate on providing hygienic food and on the kind of services they offer. To make sure that your machines work smoothly and uninterruptedly, cleaning, maintaining and refilling of vending machines should take place on a timely basis.

Operators also need to collect money from their machines regularly and provide service depending on the kind and number of machines owned by the operator. Since, inadequate and inappropriate servicing could not only damage your machine but also spread ill will among customers. In case you have rented a premise and installed your machine there, improper maintenance could disappoint the location owner with your services and he may even ask you to remove the machine.

Another important function of an operator is prompt refilling of the machine. Try to keep track of sales and stock levels in all your vending machines installed at various locations. This would help you in timely refilling of your machine. Design a schedule for refilling your machine and make sure that your machine does not run out of stock.

The aim of a vending operator is to make sure that his customer never returns empty handed. This will boost your sales and create positive reputation in the market.

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