All About Planet Antares Vending Accounts

If you want to make money in your Planet Antares vending business, you need to consider an account’s contribution to overhead. This is a value that keeps changing with fluctuating sales and costs. As it is, vending is a forgiving industry and this is the reason why so many people want to enter it.

When you take on a new location that proves to be unprofitable for your vending business, you can just pick up the equipment and move it to a new location that will provide a decent profit. For effective results, you need to identify those customers that are not yielding a profit.

In full line vending, such as that provided by Planet Antares Inc, there is nothing like a minimum order requirement. In contrast, unlike most other businesses, in vending you have to make a capital investment in even the smallest of customers, and as such, you bear the responsibility to ensure that you earn a reasonable rate of return on investment (ROI) on each capital investment, no matter what the size of the account.

Over a period of time, certain marginal customers are acquired by every operator that fail to earn appropriate returns on the investment that the operator has made. At times, a Planet Antares vending operator can take on the customer as they are convinced that the customer will grow. It is possible that a good customer may face hard times and you will have to lay off a large part of the workforce. Then, the customer will no longer qualify as a profitable account.

In certain cases, vending operators may have taken on locations that have met their ROI guidelines when they took them on, after which, their business and overhead costs grew and they simply outgrew the customer. The problem may come from anywhere but it is still the operator’s responsibility to solve these issues.

When you look carefully, the process of determining when a particular location becomes unprofitable is more complicated than it appears. Even professional and experienced Planet Antares vending operators have trouble with this concept. The confusion arises because of the difficulty in determining which revenues and costs actually disappear if you withdraw your machines from a specific location. You need to consider all this before making a decision.

As an established vending business owner, you need to focus on developing good relations with all kinds of accounts. So, don’t take the issue of account management lightly. The most successful vending operators are those who give due importance to account selection and their relationship with the location owners.