Wednesday, October 31, 2007

Which Vending Machine Location Is The Best?

Effective locating of vending machines is not about setting them up at different places. It requires sound marketing strategies too. Buying an attractive vending machine does not guarantee your success for your vending business. You need to locate your vending equipment to enable continuous sales and profits.

The first thing to be considered is the impulse purchasing behavior of vending machine customers. This includes buyers who make on the spot purchases without any particular need or planning. Just because these products are present there, people buy them for instant satisfaction of their needs.

Another important form of vending industry customers is the youngsters and children. Even though they don’t have access to resources for making direct purchases like adults, their ability to persuade family members is great. This offers good potential for making money by vending machine operators. Hence, appealing to the needs of kids and toddlers can help you reap great profits for your vending business.

The essential characteristics of a good vending location include:
  • Heavy foot traffic
Places with high foot traffic imply areas which have a lot of people walking on foot. Such people have the tendency to look around and try different things as they pass by. These places include hotels, plazas, shopping malls, theme parks, subway stations and beaches.
  • Appearance
Your vending machine should be attractive and arouse interest in the minds of the customers. Choose machines with designs that affect the sense of sound and sight of target customers. Many vending machine operators underestimate the power of color and design to induce sales and brand image.
  • Waiting Areas
Those who are waiting have the tendency to buy products from vending machines to break their boredom or to pass time. So, places with large number of people waiting for long periods of time are good vending sales locations. Such places include auto service centers, train stations, salons, bus terminals, airports and barber shops. It is best to put your vending machines near chairs and seating areas to increase the probability of sales.
  • Traveling spots
People may stop at several places while traveling or due to unplanned necessity. These places are also great for impulse buying by people. Effective locations of this kind include gas stations, train stations, bus terminals, fast food restaurants, etc. you can install your machines next to the front door so that people can access them immediately and easily.

Remember that the best vending machine locations are those that match expected human behavior and habits at that place. You must purchase vending equipment from a good company like Planet Antares Inc only after studying potential locations. If you are able to match the vending machines and products with customer preferences, your vending business will undoubtedly generate financial rewards.

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