Thursday, January 8, 2009

Planet Antares Vendors Review Operations

In view of the various changes in key supplier’s programs, Planet Antares vending operators have been forced to review their plans in the candy vending segment of the vending business.

Already, vending operators have suffered one round of price increases, only to be faced with another one currently.

Due to such circumstances, vending operators have had to revise their buying plans for candy products. In reality, many of them believe that they cannot raise prices more than they already have, due to the competitive pressure.

Keeping larger sized bars has been considered as an effective alternative by certain vending operators. These allow them to provide greater value for a higher price.

Eve though they are not sure about their plans, most Planet Antares vending operators agree that there could be more changes to the candy bar offerings in future since the introduction of the glass front Planet Antares snack/ candy vending machines.

In the meantime, they are waiting for price points to go up just a little more before they start offering large sized candy in their vending machines. One idea is to start selling lesser candy in your vending machines by decreasing the candy facings from two shelves to one and a half. If candy is not one of your vending machine bestsellers, this can work well for your Planet Antares vending business.

Some additional costs will be involved in changing candy spirals to larger snack spiral. In the long term, this cost will be worthwhile for your Planet Antares vending business. At the same time, some snack companies and suppliers are willing to offer incentives in exchange for guaranteed placements.

Over a period of time, you will realize that higher priced items will ensure that your profitability will not be compromised. No doubt, certain customers will complain about the rising prices of products.

In reality, a lot of vending operators have found the number of such customers to be less than expected, indicating a positive change in customer response towards rising prices.

Of course, you need to realize that all these changes will take time to find acceptance with customers who are used to the previous prices of candy. However, large sized candy is finding popularity and huge market share and shows potential for great growth and profitability. By taking advantage of this trend, your Planet Antares vending business will definitely generate higher returns and more sales.

Labels: ,