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Topic: Snack Vending Machine
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There are many types of snack vending machines.
Over the years of building and refining our vending operation we had hundreds of snack machines. They ranged from the table top mechanical 5-9-11 type to very large 6 shelf multi-price electronic machines.
Once we started tracking the sales for each row our profits soared. On many locations we would have rows filled with the same product if that's what that location was buying. Anytime we walked into a location and a product was sold out we would fill it back up and change a slow selling row to that same product.
We are still amazed by how many vending owners don't track their sales. They walk in and see that 3 rows are empty of product, but can't remember what the sold out product was so the put in whatever is closest in the back of their van. They simply fill the rows with the same product in all locations. They are losing money.
When getting into snack vending it's important to offer a selection, and then let the location tell you with their wallet what they want more of.
Buying overpriced snack vending machines can be fatal to the new vendor. I have seen unknowing new vendors pay more for a 9 selection mechanical snack machine than the price for a large refurbished 5 shelf electronic unit because they bought it from a slick vending seminar as part of a "vending package".
I have written a FREE report entitled "Vending's Dirty Little Secret". To get your copy of this insider information that the majority of vending machines salespeople don't want you to know click here to get the FREE report!
If you would like to read more about how Patti and I started off completely the wrong way and still built a profitable vending company click here- Rob Farnham (author of "Small Change, Vending Insider Secrets Revealed")
An actual owner/operator of a full line, full time vending business for many years!
Readers Comments
Hey Rob,
please allow me a couple minutes to thank you for giving credible, interesting, and valuable information. Also, thank you for continuing with your vending business even when things looked slim and scary.
Thank you for your good advice. I am 20 years old and I would be confident in saying that I have looked into every opportunity, idea and concept of how to make money in the way of entrepreneurship. From real estate to stock market, and from franchising to salesmanship I have seen it all "START YOUR OWN BUSINESS!, WORK FROM HOME AND LOVE IT!, GET A FREE CAR, CELL PHONE, AND CLOTHES BY TAKING OUR SURVEY!, SHOP AT THE PLACES YOU LOVE AND KEEP THE CLOTHES FOR FREE!, MAKE $18 AN HOUR BY SPEAKING PUBLICLY".
I have found that the information you provide is more credible than most of the information I have bought and looked into. It doesn't have a lot of or any, "Rah-Rah" jargon, that most opportunity info is loaded with. You know what I'm talking about.
Anyway, thank you again.
Thanks for being the uncle that didn't give up.
Best Wishes to you and your wife.
Sincerely, Brandon. ..(email on file)
Why do most people actually lose money in the vending business? Why is it so hard to find legitimate information about the vending industry? Do you know what 3 Questions to ask a opportunity salesperson to find out whether they are trying to scam you? Would you like to know how to start a vending business with very little or no money? To receive your FREE REPORT Vending's Dirty Little Secret click here..
Today's Vending Business Tip
Two Birds With One Stone!
Try to find people who can approve multiple locations when trying to place machines. Property management companies might respresent many apartment complexes. Some business owners have multiple locations. With one "yes" you can secure multiple profit centers.
Snack Vending Machine