Honor Box Vending

With profits squeezed ever so hard, the honor box market has become the exclusive domain of a unique group of specialists. The rising costs have forced many Antares vending operators to ignore locations with fewer than 100 people. However, one segment of this market, the honor box customer, continues to hold on. But as product and labor costs have increased in the recent years, even honor snack operators have explored new business opportunities.

For the time being, the honor snack market remains the exclusive domain of a small group of operators who have learned how to survive the demands of 30 percent annual account turnover, high employee turnover and almost no means of product accountability.

Many a time, vending operators are called on to take over honor box accounts. As an established Antares vending operator, you can take up an honor box account and cater to the small population.

Focus on honor box operations

Being in the honor snack business is a lot like walking on a tightrope. As an Antares vending operator, you will need to stay focused. Part of this focus needs to be on account turnover, new sales, cash flow and labor.

Cash accountability in the honor snack business really doesn’t exist. If a box comes back to the office $5 short, there will be no way to know it is was the customer or driver who is responsible for the shortage of the money. This of course would be a challenge for an Antares vending operator who has taken the honor box account under his wing. The operator would need to look for a solution to counter this.

Integrity of accounts

The labor shortage can hurt the honor snack business in form of the quality of employees at customer locations. If the there are employees who are stealing from the honor snack box, it can also be a good indication that they might be taking things from the employer too. When searching for employees for the honor box business, always look for employees that you think you trust.

Name brands a must

A well frequented honor box has brand name products. If consumers don’t identify with any of the items, it means that they won’t buy them. If you have off brands, a consumer may try the product, not like it, and never purchase from the honor box again.