Tuesday, August 22, 2006

Wake Up Vending

Changes in the American workplace, increasing costs and constant competitive pressures from a variety of sources threaten the survival of vending operators. Since the past few years, it has become clear that a new business model is being created. This requires a higher front end investment, investment in technology and intense focus on controlling all cost elements.

Antares vending operators must continue to provide greater customer service and satisfaction, and at the same time improve their cost efficiency and profitability.

The vending industry is at a crossroad. Only those operators who take quick, thoughtful, progressive action will grow in the years ahead.

The Warning Signs

The vending industry has not kept pace with the rate of economic improvement in the U.S., nor has it fared as well as the food service industry.

Historically, the industry’s growth reflected that of the U.S. economy. It was reasonably healthy in the middle and late 1990s as the economy surged, then it suffered with the fallout of the implosion of the “tech bubble” and the 2001 terrorist attacks. Post this occurrence the matching trend ceased to continue.

Vending Fighting Back

Despite this, the vending industry has been fighting back, thus improving the state of the industry. Antares Corporation has a wonderful vending program by Natural Choice USA that will offer you all the right opportunities to make your Antares business grow. There are a number of strategies that you can use for your vending business if you would like to see more profit. This can include: raising prices, cutting location commissions, investing in employee development and also getting up on speed on health and nutrition.

One thing that will remain true is that vending is a $30 billion industry, and automatic merchandising is one of today’s fastest growing industries. All this, despite the setbacks! You can also own a piece of the profits with Natural Choice’s Antares Vending, without having any special skills or training and also without a big investment of time or money. By doing this you will find that you will undergo growth in your business, in the years to come.

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