Alyson Brewer Soda Machine November 19th, 2017 - 17:46:20
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.
Vending Management - You need a way to manage your entire vending route. You need to use an online vending management solution to track your business. This is the one point that I see more operators fail on than any other. Good vending management software will let you keep track of which products are selling the best and keep track of your inventory for you. This way you know you need to bring where you need to bring them and when the machines need serviced.
Soda bottling companies often provide the soda vending machines free of charge. However you do have to sign a contract saying that you will only purchase the supplies for the beverage vending machine from this company which can cut down on your profits. When you buy from the company you will receive discounts such as one free case of soda for every ten cases that you buy. The downside to buying all the sodas and other beverages from the company is that you will pay full price for the supplies.
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.