Planet Antares Survival And Growth Strategies For Small Vendors

There are three categories into which small vending operators can be classified:

1) Start-ups
2) Hobbyists
3) Specialists

#1: Start-ups
When you setup a vending business, you may choose to make it a one person start-up venture. This business can be handled from home with the help of your family. Many of the large enterprises started as home-based vending businesses only. If you like the Planet Antares vending business, you can decide to expand and move to a larger establishment. The turning point for your start-up vending business is when you will have to hire someone from outside the family or when a vehicle needs to be purchased. Your business expansion will not be possible without these factors.

#2. Hobbyists
People with full time jobs may want to start a vending business as a side business. Their primary source of income remains the regular job only. Planet Antares vending programs have opportunities for such individuals that show you how to control your time while making a substantial profit in your vending business.

#3: Specialists
These are people who always identify a niche opportunity and target locations within that market segment. Specialists have a profit objective and plan to attain it with a small client base. They believe that this is possible by over servicing their accounts with the personal attention that a larger operation cannot offer.

If you begin with a Planet Antares vending business, you can decide on how you want to start the business. It is recommended that you start with one or two vending machines to become a full line vending operator. By starting the business on a small scale, you can take the feel of different aspects and decide whether you want to continue with it or not. As you learn on the way, you can explore new ideas for growth of your vending business.

Planet Antares Vending Operators Sales Trend

Going by the 2005 Automatic Merchandiser State of the Vending Industry Report, the vending industry reported its first sales gain since the recession that started in 2001. with the gradual recovery of the economy, the vending industry’s total sales rose to $21.26 billion. The major factor behind such progress has been the higher product sales. Moreover, Planet Antares vending operators were faced with an increase in operating costs along with the increase in product prices.

Recent studies indicate that consumers are drinking more speciality coffee. The percentage of Americans who drink coffee daily is also rising. Apart from the coffee in their office, consumers are also going out to buy it. This is a unique opportunity for coffee vending machine operators to gain alarger market share and increase sales and profits.

In the past, vending operators witnessed the challenge of pulling equipment out of large traditional industrial accounts. This led to a fall of the manufacturing accounts below 30% of total consumers in the vending industry in 2004. such shifts in the customer base show the changes incorporated in the nation’s workforce.

Apart from this, it was also reported that many vending operators retreated from accounts in schools and correctional facilities. They realized that these accounts were based on commissions and must be rebid frequently. These vending machiens are considered as direct competition to schools by authorites, instead of support service. The nutritional restrictions also compromised the school accounts to a large extent.