Marianne Spence Soda Machine November 19th, 2017 - 16:49:36
Product Selection - You need to get the right products in front of the right people. People are obsessed with getting great locations but thats not it. A great location will only bring you half of the way. You need to get the right products in front of the people at the business or they will never use your machines. I would go so far as to even say that product selection is more important than the location itself.
In the vending business selling beverages from a soda machine is one of the easiest money makers. You will need to have a selection of different drinks such as bottled water juice and soda. Also needed would be a carefully thought out location to position your machine. Think carefully about the location of the machine because that one decision alone can make or break the business for you.
When you purchase all your beverages from that one supplier you will be paying full price. Another way to go would be to purchase a second hand soda machine so as to see higher profits. Buying used allows you to get a discount off the machine; it could be 50% off the cost. It is sometimes possible to purchase a refurbished soda machine from the distributors at a much lower price that the new machines. Once you own the machine outright you are not restricted as to where you can purchase your supplies. In this way you will be able to buy from any supplier and even take advantage of sales offered by wholesalers. Another possibility is buying your supplies from a supermarket where you may get the beverages at less than the wholesale price.
Switching out the soda and replacing that product with others will be a way to continue to profit from the soda machine. Other locations that are strategic places for locating your machine are airports the shopping malls. All these are high traffic areas ad there ideal for the machine. The biggest challenge is finding the most strategic location. The machine will be a welcome sight to shoppers who are thirsty and do not want to go to a restaurant to satisfy that thirst. Business with the soda machine is better at some times of the year than at other times. The best time for the selling of cold soda through the soda machine id in the summer and the slowest time is in the winter. The biggest hurdle is finding a location that will be the most profitable for the type of drink or snack machines you will offer.