How To Expand An Existing Vending Route

Why should I choose vending machine business? This question can be answered by stating the benefits of vending machine business.

• This business offers extremely high profit margins.
• It is a complete cash business and does not have the risk of running into bad debts or other collection issues.
• No time limitations and you can operate round the clock. This means you can earn money 365 days.
• You can continue with your regular job while taking up vending business as a part time option.
• You do not need salesmen to sell the product. Vending machines are your man power.
• You can enjoy tax exemptions
• You need not incur additional overhead costs like advertising, stationary costs. All you have to bear is repair and maintenance cost.
• You earn immediate returns: Your income starts as soon as your machine is located.

Every business is started with the aim of expanding further. A vending machine operator comes across a situation where he needs to plan for further expansion. Few steps that can guide you in a successful vending route expansion:

• Try to add more machines. Try increasing the product variety (add similar kind of products). For instance, if you sell Coke, then add Pepsi to it.
• You can also increase the product line i.e., if you are selling soda, then add sandwiches to it.
• Identify areas that need vending services and offer to locate your machines there. You can also identify prospective locations in your existing vending route.
• If the vending route is becoming too complicated to handle, then employ a worker if required.
• Try to advertise by distributing brochures or pamphlets. These direct channels of advertising can help in market penetrating.
• Also try and utilize the indirect mode of advertising i.e., through word of mouth. Ensure that your customer is satisfied and suggests your product to ten other customers.

When ever you plan to start a vending business, or when you plan to add up more vending machines to your route, try contacting Planet Antares Inc to seek advice. They have a remarkable vending program ideally designed to suit all locations. They also provide expert advice on setting up vending business from scratch.