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.