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Topic: Snack Vending
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Snack vending was very good to my wife and I.
We started with soda machines and eventually expanded into almost every area of vending possible.
Snack vending presented its own set of challenges. Each location we secured would have preferences in product different from our other locations.
We religiously tracked the sales for each product in each row and tried to find a mix that was right for each location. On some location we would have 3 - 5 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 try double up on it.
It amazes me how many operators in the snack vending business don't track their sales. They walk in and see that 3 rows are empty of product, but they can't remember what was in those three rows so the put in whatever they have available. They simply fill the rows with the same product in all locations. Don't they realize the profit they are losing?
In snack vending it's important to offer a selection, and then let the location tell you with their wallet what they want more of.
Snack vending is very profitable if you don't overpay for machines, find good locations and track your locations preferences.
If you would like to learn more about the vending business before you invest your hard earned money in vending machines I suggest you read a FREE report I have written entitled "Vending's Dirty Little Secret". To find out some information most 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!
Testimonial
Dear Rob,
Thank you for keeping me from being a shark victim. I went to one of those BizOp shows put on by (!#$#$#$!!#^%@^). I almost bought into the hype, until I did some research before adding to my mortgage or maxxing out the credit cards. I came across your website and Small Change. Great eye opening reading, $20 isn't so much to save 10, 20, or 30 thousand dollars. I'm still interested in vending but I think I'll skip the BizOp and use Small Change as my Bible for the vending business.
Again thank you for the great information.
Mark Folkmann ..(email on file)
Have you wondered why it is so hard to find legitimate information about the vending industry? How can people actually lose money in the vending business? Do you know the 3 Questions to ask a opportunity salesman to find out whether he's a scam artist or not? Would you like to know a simple way to start a vending business with very little or no money (FREE machines)? To receive your FREE REPORT Vending's Dirty Little Secret click here..
Today's Vending Business Tip
Don't limit your snack machines products to just snacks!
We did well with putting "other" products in based on taking a broader look at the location. For example, toothbrushes (hotel), laundry soap (trucking company), baseball cards (apartment complex), and other personal toiletries. Be creative!
Snack news;
URC to acquire GMC's snack brands (ABS-CBNNEWS.com)
Universal Robina Corp. (URC), the snack and beverage arm of Gokongwei-led JG Summit Holdings, has signed a deal to purchase the snack manufacturing assets and trademarks of General Milling Corp. (GMC).Man Gets Jail Time for Giving Inmate Snack Cake (WSAZ NewsChannel 3 West Virginia)
A judge has sentenced a man to 30 days behind bars in the Vinton County snack cake case.Do-it-yourself 'snack packs' (Miami Herald)
It seems every food manufacturer has jumped on the portion-control bandwagon with a 100-calorie version of a coveted treat. But if you want variety and maybe even more nutrition from your 100-calorie snack, consider these:Maker of Jack "n Jill snack food acquires Granny Goose brands (GMA News)
MANILA, Philippines - Gokongwei-led Universal Robina Corp. has acquired new brand names to expand its snacks portfolio, baring Thursday the purchase of the manufacturing assets of the country"s second largest corn chips manufacturer.
Snack Vending