Monday, November 30, 2009

Vending Machines- Operators Choices

Vending is one of the very few businesses that have only witnessed growth. Since its inception in 1936, this industry has been growing by leaps and bounces. With the support of latest technology, this industry has been able to offer diverse products and services. Not only have these, various models of vending machines been designed to meet customer requirements. There are innumerable benefits of these machines and some of them are discussed below.

Although there are several models and makes of vending machines available in the market, they can be broadly classified into two varieties. The first kind of machines runs using electricity while the other runs on mechanical motion. These machines are available in various shapes, colors, prices and sizes. Of these soda and snack, gumball and candy are the most popular machines from Planet Antares used across US.

More and more machines are developed keeping in mind customers needs, tastes and preferences. Food, candy, video games, sticker and toy are some of the popular machines that have been designed targeting kids. On the other hand coffee and health drink vending machines are designed targeting people in general. Combination machines capable of dispensing two products at a time are also introduced.

If you are looking at taking up vending business, then popcorn, ice cream, bottled water and food provide you great business opportunity. Though these machines are rarely seen, they have huge business potentiality. Vending industry has been subjected to lot of changes and developments. Customised vending is the outcome of one such development.

Several unique machines are designed to fulfil day to day needs of customers. Of late, vending machines capable of dispensing DVD’s, CD’s, tickets, computer spare parts, cameras, stamps and stationary are introduced. Whatever machine you choose, make sure you locate them in the best location depending on your target customers. Super markets, shopping malls, bus station, offices, railways and retail stores are most ideal for installing your machines.

So all you enthusiastic entrepreneurs out there, you have a wide range of vending machine to select and start your business. Make a wise decision and reap huge profits.

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Tuesday, November 24, 2009

Vending your way to Financial Independence

There are many people who credit their financial position to the vending industry. You can find several examples where people started vending as a part time business and have now turned it into big business ventures with machines located at numerous locations. According to a study by department of commerce only less than 5 % of vending businesses fail every month as compared to 65% failure rate for other businesses. Vending has always been a profitable business and statistics just prove it right.

Vending business is very easy to start as you can work part time with your current job with very little investment. Being an all cash business, you will never need to worry about credits and bad debts in this business. With the help of Planet Antares machines you can start making money tight from the time you install your first machine.

Vending business is said to be recession proof business as it has been noticed that this is probably the only business where owners have still made profits in spite of recession where everyone is losing their jobs. Another good thing about this business is that this can be carried out from your home and the overheads involved are very minimal.

It has been noted that over 70 percent of vendors start the vending business while maintaining their full time jobs and 85 percent out of these turn into full time vending operators just after a couple of years. This speaks a lot about the success ration in the vending business.

Associating yourself with a dependable vending manufacturing company like Planet Antares can help you in achieving your goal of financial independence within no time. With planet Antares you can control your time, money and future and still be successful.

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Tuesday, November 17, 2009

How To Run Vending Business Successfully?

Once you have decided to become an independent entrepreneur, you need to thoroughly understand about the business you are going to take up and its pros and cons. Vending is no doubt the most lucrative business in recent years. However, you need to be very cautious while choosing the machine.

Before you start any business, it is imperative for you to do a small market research. This helps you understand the current market scenario, customer requirements and also gain knowledge about the business. You can take help of Planet Antares staff who will guide you through the vending process and will also provide some case studies.

Your success lies in identifying the best machine that would make your business profitable and not a meagre liability. There are several companies and websites that can provide you with a wealth of information about the basics of vending machines. Whenever you start a business make sure you purchase a new vending machine. Though their cost is slightly higher than a used or refurbished machine, their performance efficiency is very high. In case you do not know anything about vending machines, then you can take the help of any person who has technical know-how about them.

The ease of operation is another important aspect that needs to be considered. The machine you install should be easy to operate without any complexity. You should also consider customer safety and satisfaction while installing the machine.

Location and target customers also influence the success of your business. Try to offer products based on the customers you are targeting at. Individual tastes and preferences are not the same and they vary drastically depending on the sex and age group of customers.

Acquainting yourself with technical knowledge is also helpful whenever you come across minor repairs. Your ability to take care of these issues will save a lot of time and money. Moreover, you can keep your machine running smoothly.

All these above mentioned issues if borne in mind can help you run your business more smoothly without any hiccups.

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Wednesday, November 11, 2009

Avoid Bulk Vending Machines To Make More Profits

Vending is an amazing business to be into. Without investing much time and money, there is no limit to what you can earn. With vending business, you don’t need to manage operations all the time, if you have few machines you don’t even need any one to refill and service them, you can do it yourself. Also you can run your vending business 24/7.

Bulk vending and compact vending both are profitable ventures, but compact vending scores over bulk vending from business point of view. Vending operators are smart to analyze this and opt for compact vending instead of bulk vending operations.
What are disadvantages of Bulk vending?

1. Account termination – With bulk vending machines, as you cannot offer multiple products, it is at times possible that location owners terminate your account to place multiple product vending machines.

2. Product wastage – As you have to purchase products in bulk, there are chances of product spoilage. Until you have a plan where you can return the spoiled product to supplier, you will lose certain amount of money in terms of product wastage.

3. Loss of business due to lacking quality of products – Most of the bulk vending products are sold in open for example candy balls. Operators at times compromise with quality of product and lose business.

4. Health consciousness –Bulk vending products are mostly not preferred by health conscious customers.

5. Expensive products – Quality bulk vending products available in market can be bit expensive for end customers.

6. Location problem – With limited product range through bulk vending, there are very few locations where you can profitably install bulk vending machines. Also many location owners want to offer variety to their employees and customers and do not prefer bulk vending machines.

Compact vending machines are capable of vending multiple products at a time. Planet Antares compact vending machines are 5-in-1 vending machines and are very much preferred by vending operators. As compact vending machines are versatile, they can be placed at almost any location. Customers also prefer compact vending machines as they know they will have option of selecting multiple products.

Planet Antares Inc manufactures state of the art compact vending machines designed exclusively for vending multiple products. If you are planning to start vending operations, contact Planet Antares Inc for all type of vending equipments.

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Wednesday, November 4, 2009

Vending Machines- Perfect Revenue Generating Source

When it comes to choosing a vending machine, operators have a wide choice to make. Both small and large machines are available in the market. However, financial limitations of the operator need to be taken into consideration while choosing a machine. If budget is really a major constraint, then you need to purchase reasonably priced machines that function properly.

Snack, candy and beverage machines are most commonly used and also quite popular ones. The profit margin in these machines is very high and they are easily available in the market. So, once you have finalized on the machine, the next thing you need is a perfect location to install it. You also need to find a distributor who can supply you with the best quality products. Once you have all these in place, you can start earning.

Vending has always been a very promising industry when it comes to revenue generation. Off late automatic merchandising is gaining huge prominence. This industry requires minimal hard work for you to reap huge revenues. You can also expand your business by reinvesting your revenue and without the need of any financing. The main advantage of vending business is that you need not pay any royalties, on going fees or commissions. You can enjoy your earnings without any obligations.

Though vending has been popular all over the world, maximum business can be found in America. It is surprising to know that hundreds and hundreds of dollars are being put into these machines on a daily basis. Maintenance and other overhead costs are also bear minimum. All these make this a lucrative business.

The other aspect relating to vending is that it gives you the flexibility of running business from home at your own convenience. You can take up this business either on a full time basis or part time basis. However, if you want to make decent revenue, then basic research before placing the machine becomes mandatory.

With careful planning and proper approach, vending can become a very successful business. Planet Antares can help you in starting a successful vending business without too much investment in terms of money and time.

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