Is Vending A Reliable Business Venture?

Is Vending A Reliable Business Venture?

Although vending gained prominence in 1800’s, it is in fact an age old business that can be traced back in the first century BC. Initially these machines were used to vend postcards and gumballs. These were simple machines that had single selection and accepted only one coin.

The snack and soda vending machines which we are now familiar with originated in 1940’s and they had multi selection accepting multiple coins. However, these machines in the 40’s did not dispense change and had only limited selection options for the customers. These were completely mechanical machines and required no power supply at all. Electronic and technology improvements have gradually resulted in innovative vending machines that started accepting currency. This is how vending machines evolved.

Vending operators and manufacturers are taking advantage of these technological advancements. Manufacturers have continued to produce better machines that are more efficient and reliable. Like any other business, proper operations are the key to success in a vending business. So before you set up your business, analyze the market, look for various kinds of products, various locations, new market avenues and various types of vending machines available. All these factors influence the success of your business.

Our financial or budgetary limitations also influence the kind of vending machine we purchase. Operators have two basic choices:

• New vending machine
• Used vending machine

New vending machine: Though the cost of this machine is little high, it is always advisable to purchase a new machine whenever you start a business. These machines come with updated features and warranty. More over the chances of break down and cost of maintenance is very low.

Used vending machines: Most used machines are abandoned by their previous operators before they went out of the business. So the machine might require tremendous repair work before it actually gets into working condition. Even though the initial cost is less, time and repair costs can become very expensive.

A little care and careful planning can make vending a very profitable business. Make Planet Antares your partner while choosing your vending machines and seek expert advice of the experienced staff who can guide you through any difficulties that may arise.