Friday, January 8, 2010

How to Purchase the Right Kind of Vending Machine?

Vending business is undoubtedly one of the greatest business opportunities. Once these machines are set up and running, they are a great way to earn with minimal to no maintenance.

Few tips that aid in purchasing the right kind of vending machine:

• Decide where you want to place your vending machine. Try to identify locations with high foot traffic. If required, you can hire a vending machine locator to assist you in your search for a right location. You can also get advice from Planet Antares staff on all aspects of vending business.

• Determine which type of machine you would like to place in each location. Basically there are three kinds of machines- mechanical, electronic and snack and soda machine. Each of them has its own set of merits and demerits. Hence it is for the operator to decide which machine he would like to locate.

• Identify the kind of products you would like to dispense in your machine. This is also influenced by the location in which you have placed your machine and your target audience. For instance: if you have located your vending machine in a high school, consider dispensing snacks which would lure kids.

• Set a growth plan for your business even before you purchase your first vending machine. Decide on how you would like to start the business ie whether you would like to have few machines or large number of machines situated in variety of locations. This would give you a clear picture of what you would like to achieve.

• Plan your purchasing options: Some vending companies offer financing that can help you purchase a number of machines in one single go. Few vending companies also assist you in finding financers for their vending machines while others allow you to purchase machines outright using credit cards. The final choice would be at your own discretion.

• Decide whether you want to go for a new vending machine or a used one. Although used machines tend to cost less, in the long run they turn out to be more expensive when compared to a new machine. Moreover, new machines come with warranty and are highly efficient.

These tips if followed carefully can help you in purchasing the most appropriate kind of machine.

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