Thursday, November 12, 2009

Importance Of Product Selection In Vending Machine

Selection of right product is as important as the selection of the machine. In fact the choice of product vended influences the success of your business. Vending machines are used for selling snacks, drinks, food and many other products. Few products vended by these machines are part and parcel of our lives and we cannot avoid purchasing them whenever we pass by a vending machine.

While selecting products that are to be vended, it is important to consider the availability of supplier to provide you with the products you want to vend. Operator needs to ensure that the supplier is very near to your area of operations. This will avoid delay in transporting products from supplier to your vending machine.

Fresh products are preferred by customers. So operator needs to check on a regular basis if the products provided by vender are fresh and have not crossed their expiry dates. If any customer comes across a product that has crossed its expiry period, it will create bad reputation and he will not revisit your vending machine again. This will lead to spread of negative image in the market and thus affect your business.

In case you are a new operator and are not aware of the kind of products to be refilled, you can go to various other vending locations and see what people prefer to purchase from these machines. It is advisable to offer products which have maximum demand or those products without which we cannot sustain.

Usually kind of product to be vended also depends on your target segment. If you are targeting children, they often look for latest products in the market or those that are attractive to look at. So, try to understand your customer needs and requirements either by asking them or by conducting a small survey.

Another source of information are your suppliers since they are in constant touch with other vending operators, they have better idea about the fastest moving products. Another best alternative is to offer branded products. Most customers have craze for branded items. Moreover these items do not require the operator to take up any specific advertising. These brands are renowned and hence easily recognised by customers. Their popularity among customers is alone sufficient for drawing customers towards them. Sale of such products happens automatically because of the influence of the brand name.

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