Wednesday, September 23, 2009

Importance of Customer Satisfaction in Vending Industry

Vending is a business that has seen tremendous growth over the past few years. People have taken up vending as full time / part time source of income. With high levels of acceptance, vending business is not just a source of income but also a preferred method of purchasing products among most customers.

It has been proved that acquiring a new customer is more difficult than retaining an existing one. Even in terms of cost, acquiring a new customer is expensive in comparison to retaining an existing one.

Once you have identified your target customers, it is important to provide products suiting their needs. As a vending operator, you should also keep them updated with changes or additions in your vending machines. If you have secured contacts of your customers, you can communicate information through the medium that is most suitable for them which could be direct mailers, e-mail, phone etc. A recent study has proved that vending industry is losing a lot of customers due to lack of proper awareness for new features in vending machines. Customers can find new features bit difficult to understand by themselves. Cultivate awareness regarding new vending technology and products in order to build a strong customer relationship.

Few things you need to update your customers with are:

• Changing trends: Educate your customers on the latest trends. Make them realise that you as a vending operator are following changing trends to offer them the best goods and services.
• Innovation: When customers realise that you updated your machine with latest technology, they will continue purchasing from your machine alone. There by increasing your sales.
• Transparency: Ensure that all activities taken up by you are transparent. This will build trust in the minds of your customers. Once they believe that you are honest, they would stick with you forever.
• Value: Customers would be excited to know that you are introducing new products that match their needs. Make them know which brands you are offering for sale. This will help them relate themselves to those products and your sales will shoot up easily.

In order to provide uninterrupted services to customers, look to purchase brand new vending machines only. This will not only attract customers but also create good reputation in the market for you. Since vending business is growing pretty fast, customers of all age groups seek the best. So try using the latest sleek and technologically advanced machines to provide your customers with best services. When you are looking for a brand new vending machine, you need not look any further than Planet Antares. Vending machines manufactured by Planet Antares are robust in performance. They also come in attractive designs and are ideally suited for all locations.

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