10 Things To Remember While Starting A Vending Business

For all those who think that a vending business means no work and all play, this article will be an eye opener!

Don’t make the mistake of considering it as a low input, high output endeavor. If you go about it in the right manner, vending is a very lucrative opportunity.

1. Carry out research about the product demand and estimate the profit margins you could earn from the sale of different products. Vending Products can vary from candy, toys, snacks and soda to hygiene and digital products.

2. Once the product decision has been made, your next task is to find a good location where your vending machine can be installed. These include train stations, subways, business offices, restrooms, etc. Make sure that the location matches the product as well as the business owners’ requirements. Planet Antares provides you with vending locator services to help you to find the best location for your machines.

3. Basically, you can avail the option of either renting or purchasing the vending machine. A new Planet Antares vending machine is not very expensive and will return profits relative to its worth within a year.

4. Used machines are very inexpensive and can be used to begin a vending career. Usually, companies sell used machines with rational payment options and guarantee for the machine’s efficient performance.

5. With the help of internet, you can conduct real time comparison shopping for anything and everything. Use the web to locate special deals and offers to get the best vending machine at reasonable prices.

6. Verify the ability of your Planet Antares vending machine to work with present currencies and speed of dispensing. If products frequently get stuck in the machine or take a long time to come out, customers may not want to use it repeatedly.

7. Usually, metal vending machines are more stable than plastic ones. The vending machine supplier you choose must include repair, maintenance and replacement services in his contract.

8. In order to convince a potential location owner for placing your vending machines, you need to be creative and persistent in your efforts.

9. Careful evaluation needs to be done before fixing the profit margins which are to given to the location owner as commission for keeping the vending machine.

10. The easiest alternative is to buy an established Planet Antares vending route from its present owner. He can provide information regarding the popular products, machine problems and other important factors.