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Wednesday, October 28, 2009

Success in vending business

Simplicity and honesty paired with amazing service is the success mantra if you are in the vending business. You would have already read countless articles on how to make your vending business successful but the truth is that doing the basics right, just like any other business will help you succeed in the vending business. Here are some points that will help you in succeeding in your vending venture.

Finding good suppliers: Make sure that you find a supplier who will offer you a good deal for your money. Be ready to buy in bulk as this will help you in getting a good deal at discounted rates. You can easily pass on the lower prices to your customers who will be happy to buy a product at reduced pricing.

Service frequently: Keeping your Planet Antares vending machines well stocked will keep your customers happy. No one wants to find a vending machine has run out of cold beverages on a hot summer day. To avoid this make sure that you check on your vending machine stocks regularly. Also make sure that your machines are kept clean and tidy and are always in working condition.

Stock variety: People like to see a variety wherever they go. When new products come out, try them out in your vending machine to see how well it will sell. Place a few healthy choices in your vending machines as well, because there is a growing demand for health products.

Feedback: Ask customers what they would like to see your vending machines and then pay attention to their feedback. There are some locations where you will find that there are more people who prefer diet sodas than regular sodas. This means that you will need to place more diet sodas in your vending machines. If you use the right approach to vend your products, the vending business can be very lucrative for you. With vending, you are only as good as your customer’s say, so make sure that you keep your customers happy.

As you sow, so shall you reap, one of the oldest adages that I’ve heard is just right , at least in this business.

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