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Wednesday, February 24, 2010

Packaging Highly Significant In Success of Vending Industry

Vending is purely instinct based business hence the appearance or packaging of the product plays vital role in making your business a huge success. Lot of money is being spent in packing products in attractive and colourful covers. If a vending operator aims at boosting his sales, he needs to create a visual affect that stimulates customer psychology. This is when packaging comes into picture.

Three major elements that play vital role while designing appealing packaging.

• Color: Colors are often related to emotional status of an individual. The products in your machine should be in such a way that they are able to grab the attention of customers even from a far off distance. For instance, green is a color that is associated with organic soda machine products like tea and health drinks. Bright colors on the other hand are known to be more fun and pleasing. A vending machine with bright colored products is capable of tantalizing customers who are forced to take a closer look and thus purchase the product.

• Graphics: People are more familiar with branded products, so marking the machine with logos, pictures or fonts can attract customers. Animated characters and cartoons are best suited if you are targeting kids. This is one reason why most operators are advised to place branded items in their machines. Branded items are renowned internationally and hence they are easily recognised by most of the customers.

• Shapes and sizes: Some products come in standards shapes and sizes. These make help customers in distinguishing these products from those of its competitors. However, manufacturers have started making changes in them. For instance, soft drink cans are made more slender and taller than their previous forms.

If due priority is given to these aspects, you can make your business a huge success.

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Thursday, February 18, 2010

Tips To Follow While Starting a Vending Business

During these times of recession, most of us intend to start a business of our own but unable to proceed any further due to lack of proper knowledge and guidance. However few tips can help you make all your dreams come true.
  • Research: Before you take up any business, it is mandatory that you conduct a thorough market research. This research would provide you with sufficient information on various aspects that are crucial for your business success.
  • Contacts: It is advantageous if you have contacts with people operating in similar field or industry. This will help you in starting your business quickly and also get some valuable suggestions related to the business.
  • Models: There are various models of vending machines available in the market. Some of these are capable of dispensing two products at a time while others can dispense only one at a time. The choice would however depend on the intention of vending operator. It is however advised to choose a trusted partner like Planet Antares while selecting your vending machine equipment.
  • Advertising: Purchasing a new machine, stocking it with sufficient quantity of products and installing it in a right location would not be able to do wonders to you. You also need to adopt few marketing strategies that can help in boosting up your business. Advertising is one such strategy. Depending on the scale of your operation and financial limitations operators can choose a mode of advertising that is apt for him.
  • Staff: Normally for running a vending business, you need not hire any sales force or staff as all the sales work is done by the machine itself. However, you can recruit staff for servicing and refilling your machine.
  • Last and most important of all is purchase of a vending machine. It is always advisable to purchase a new vending machine from an established and reputed company.
Careful and cautious approach while running and expanding vending business is sure to give you guaranteed success.

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Tuesday, February 09, 2010

Demand for Branded Items to Be Offered Using Vending Machines Is Only Increasing

Brand is a “name, sign, symbol or design or a combination of these intended to identify goods or services of one seller from those of the other. A good brand is successful in motivating customers, creating customer loyalty, gives clear message about the product and gains credibility.

Brand has always played a great role in promoting products across the globe. This fact cannot be denied. Branded products are recognised across the globe and operators need not take up any additional or special promotional activities for them. This is one of the main advantages of offering branded items in vending machines.

Customers will automatically purchase them as they are already familiar with them. Ideally glass front vending machines from Planet Antares are appropriate for vending these branded products. If earning high returns is your objective then in order to achieve this make sure you offer the right kind of product in your machine and place it in a right location. Selling branded products has never been an issue for vending operators as most customers prefer them since they are faster and cheaper. In case you are selling unbranded products alone, you need to take up some promotional activities to boost your sales. So, a smart vending operator would offer both branded and unbranded products together.

Glass vending machines have been highly preferred model of vending machines for dispensing branded products. This machine allows customers to view the product they are about to purchase. The best thing about branded products is that these come in attractive packing and hence customers get drawn towards them. Besides being attracted, branded products can easily create an instinct in customers and thus force them to try the product. Thus branded item in a glass front vending machine is perfect combination for boosting your business.

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Monday, February 01, 2010

Few Tips for a Successful Vending Business

Vending can be a very lucrative business if only you know how to operate them in the right way. One of the most important aspects for a successful vending machine which operators need to take into consideration are demand for the product and its strategic location.

A few tips for making your business venture a huge success:

• The objective of sale is vital for your business success. However, it varies depending on the kind of product you dispense.

• After deciding on the product you would like to dispense, your next move would be to identify a strategic location where people stay or gather in huge numbers. Some of the most ideal places for installing your machine are lunch rooms, bus or railway stations, shopping malls etc. The choice of location is once again influenced on the kind of product you offer.

• When it comes to purchase of a vending machine, operator has two choices. He can either purchase one or hire. It is much cheaper to purchase a used machine or rent one. However, when it comes to performance efficiency, new ones are far more superior that old or refurbished machines. Companies like Planet Antares manufacture the best vending machines and recommend use of new vending machines as they help you save money in future in comparison to old or used machines which are generally faulty and discarded by previous owners.

• Since the advent of internet, a wide variety of information relating to various aspects is available on the net. All you need is just browse and look for special offers or compare prices of various manufacturers and purchase one at the best possible bid.

• One of the major issues with used or refurbished machines is currency changes. Hence it is imperative for the operator to check if they work with the present currencies and see how easy it is to receive desired product since this would satisfy your customers and bring them back to you for repeat purchases. No none would actually recommend using a used vending machine for your business start up as they often turn out to be much more costly.

• Availability of spare or replacement parts is also crucial. More and more companies offer metal machines which are far more reliable when compared to old plastic ones. The best part with them is that repairs are far easier when compared to the traditional ones.

• The percentage of profits you would be sharing with the premises owner also influences your success.

These simple points if borne in mind can make your vending journey as simple as a cake walk.

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