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Wednesday, June 27, 2007

Keeping Your Vending Machine Fully Stocked

Keeping vending machines fully stocked is very important for the success of your vending business. With your Planet Antares vending business, you will always need to make sure that the vending machines are well stocked. This would mean servicing your vending machines whenever they need servicing.

Vending machines are all about the products that they vend and the locations that they have been placed in. These two factors are what will determine the profitability of your vending business. The products that you sell and the locations that you pick need to be profitable for your Planet Antares vending business. People usually start running a vending business with one or two vending machines. This would mean that you are running your vending business from home. There is no need to rent out a warehouse to operate your vending business. Servicing of a couple of vending machines is something that you can do easily on your own. If your vending business grows, and you acquire more vending machines, you can then hire a route driver to service the vending machines. Either way the vending machines need to be always fully stocked with snacks and beverages. A customer should never find your Planet Antares vending machines out of their favorite snack or beverage.

To keep your vending machine fully stocked, you need to observe how products sell from your Planet Antares vending machines. Once you have figured this out, you can then work out a schedule for servicing of the vending machines. As soon as any vending machine is out of one product you should be there to replace it. Many vending operators have incorporated technology in their vending businesses to help them keep a track on all the products in the machines.

If you choose the right location for your vending machines, you can be sure of high sales and profits. This of course will only be possible if your service your vending machine whenever it needs servicing. In each location there are usually products that sell faster than others. This means that you should need to keep a watch on the items in your vending machines. Always make sure that you have ample stock of the fast selling items. If the slow selling merchandise continues to be slow, replace them with the quick sellers. There is no point of keeping products that hardly ever sell in the vending machines.

It is always wise to go for a local vending supplier for your products. Check on the credibility of the supplier. The supplier has to also be able to provide you with a bulk stock of the products that you want in your vending machines. When you buy the products in bulk, you can then keep them in your garage, ready to refill your vending machines. Customers will appreciate a vending machine that is always well stocked. In fact, a well stocked vending machine will attract customers more than one which is half full.

Tuesday, June 19, 2007

The Changing Attitudes of Schools towards Vending

Schools all over the U.S are changing their attitudes towards having junk food in their vending machines. They have now opted for healthier foods in their cafeterias and vending machines. Everyone who is in a position to care about this issue agree that children need nutritious, high-fiber, low-fat foods to remain attentive. This of course includes parents, physicians, teachers and administrators.

If you have Planet Antares vending machines and want to place them in a school, it would mean that you would have to vend only healthy snacks and beverages. This would not be something hard because Vending operators have changed their attitude towards the kind of food products that they vend. As a Planet Antares vending operator, you should pick the right locations for vending healthy products. Not all locations will have a majority of health conscious people, that’s why it is important that when you vend healthy products, you should do it in the right location.

Schools are the perfect place for healthy vending, because childhood obesity has been called an epidemic that has been brought on by poor diet and lack of exercise. Parents as well as the school would like to see the kids having healthier eating habits. Placing a Planet Antares vending machine in a school would be profitable if you have placed the right kind of health products in the vending machines. The vending machines should not have health products that are tasteless or products that come with plain packaging. Just because the products that you have to have in your vending machines are health products, it doesn’t mean that they should be plain products that will hardly attract the attention of the students. For you to have exciting health products in your vending machine, you need to find a supplier that can supply with the products. If you have these products in your vending machine, students will be more inclined to buy them. Healthy vending can be profitable if you have the right health products. You just need to go for products that will grab the attention of the youngsters.

When you have vending machines in a school, you can enter a contract with the school or you can run the business entirely by yourself. If you plan to run the Planet Antares vending machines by yourself, then you would need to be regular with servicing the vending machines. A school has high traffic, so it wouldn’t take long for the products in your vending machines to be sold. This is the reason why schools make such good locations.

Vending in schools can bring in high profits for your vending business, as long as you are vending healthy products at the right price. That means that the supplier you engage should sell you health products at a reasonable rate. The price at which you buy the products is what will determine what you will price the products at.

Friday, June 08, 2007

What You Need To Know About Category Management

Category management is a merchandising system that can maximize product sales from your Planet Antares vending machines by grouping products into similar consumer taste preferences and product characteristics. It will increase your sales and profits by providing the customers of your vending machines with the products that they want, when they want them. Increased variety will result in grater consumer demand and increased sales as more consumers find the products that they want.

Category management is easy to implement, however it requires changes in your merchandising system and an organizational commitment to make it work. It increases your bottom line by increasing sales from better merchandising. Having all the basic product categories within every vending machine is the best way to maximize machine revenue.

Increase in bottom line
As a result of better merchandising, sales in your Planet Antares vending business will see an increase. The demand of your customers will be met by full category representation. By selling only the top selling products, the sales per spiral will increase. There will be a significant increase in vending sales which will result in increased total snack and beverage profits.

Category management in your Planet Antares vending business will bring about reduced inventory investment. Here, menu based purchasing will reduce the inventory and handling costs of additional, unnecessary stock keeping units (SKU’s). The purchasing efficiency will also see an increase. Reduced inventory investment is brought about by order levels being closely matched to sales.

There will also be an improvement in route and warehouse efficiency. You will find that route merchandising and product selection is simpler and more efficient. Fewer SKU’s and lower inventory levels result in substantial reduction in ware house labor.

The evolution of category management in vending is one of the most important changes taking place. The vending industry is following a pattern that has been set by supermarkets, drug stores and convenience stores. Category management system has emerged as a standard operating procedure. There are a number of benefits that come with category management, the most important being that it gives creative power to the vending operator.

When category management becomes a standard practice in your Planet Antares vending business, the relationship between you and product manufacturers will have to change. Coordination with product manufacturers is important for the smooth running of your vending business. With this system in your vending business, operators will take a lead role in a proactive rather than reactive role in marketing and merchandising. They will set goals for the product suppliers to meet, rather than the other way round.