Vending as a Business

The vending business has existed for well over 150 years and is currently generating huge amount of dollars in annual sales. The industry today consists of smaller, independent local operators. As compared to other businesses, vending offers a great opportunity for someone to start a family run business. A Planet Antares vending opportunity will provide you with the freedom to develop a business as you learn. This business can be a great opportunity because of reasons listed below.

A cash only business: The advantage of vending is that the customers pay cash as they receive the product. When you go to service your Planet Antares vending machines, you will be collecting cash from the machines and depositing it in your bank. As long as you have placed the vending machines in an ideal location, there will always be cash in your vending machines from the sales that are made.

Low overhead: A Planet Antares vending business offers low overhead expenses. You can eliminate outlays for storage rental and utilities by working from home. If you don’t have a store facility where you can keep your vending machines, don’t order them until you have secured locations for them. This is a common mistake that vendors make. Make sure that you secure a vending location before buying the vending machine.

Silent salesmen: The vending machines will do all the selling for you. You don’t need to have a salesman there, selling from the vending machine. The vending machines are silent salesmen that are always on the job 365 days-a-year. The vending machine just has to be eye catching, so that it can attract the attention of passer-bys. All that you have to do is to make sure that the machines is serviced on time and is always well stocked. When placing products in the vending machine, keep in mind the customers needs. For the vending machine to have good sales, you will need to keep what the customer wants in the vending machine. A vending machine will have good sales, so long as it has been placed in the right location.

Vending profits: Your vending profits can be as good as 50% gross margin or more on each item sold through your Planet Antares vending machine. Income is determined in large part by the type and number of items sold. Your profits will also be determined by the number of machines that you have in a location and the amount of traffic in that location. All in all, your success will be determined by your abilities as a business owner.