vending machine business mistake

Topic: Vending Machine Business Mistake

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What the biggest vending machine business mistake?

Starting out with no knowledge, no grasp on the industry, and a bank loan for overpriced machines.

Here's the WRONG way to start.
Answer an ad in a business opportunity magazine, watch a glossy video tape or attend a vending business opportunity seminar. Listen to a slick salespersons hype about making money while golfing and sleeping. Be complimented that the business opportunity guys have chosen you for a limited "marketing territory". Gladly overpay too much money for a few average vending machines without doing any sort of comparison shopping. Go into big debt before learning anything about actually operating a vending machine business. Take every word the vending business opportunity salesperson says as gospel and don't question anything. Get VERY disappointed in a few weeks and desperately try to sell your machines to cut your losses. Tell everyone you know that there is no money in the vending business.

Unfortunately, this is what most new vendors do.

Or, you can do some research, find out what the vending seminars aren't telling you. Buy some vending machines for very little money and slowly build your business.

We started out the wrong way. If we only knew then what we know now we could have become even more profitable quicker. We learned how to start a vending business long after we were in the middle of it. Learn the business. Learn from others mistakes. Start small and grow. That's how to start a vending machine business.


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!

Patti and I started our vending adventure and it was an ABSOLUTE DISASTER!
We recovered, got to work and built a VERY profitable vending operation!
To read more details of our adventure 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


Rob and Patti
After reading Small Change I decided that vending is probably not for me, but still an awesome story.
Getting a feel for the scale you need to make x dollars in a business is usually NEVER spelled out/revealed.
Thanks!!!!
You should write some more stuff. I would probably buy.
James ..(email on file)

Read Many More Testimonials


  • Do you know the 3 Magic Questions to ask a "vending bizop salesperson" to find out whether they know what they're talking about?
  • Do you know why it is so hard to find REAL information about the vending industry?
  • Would you like to know a simple way to start a vending business with very little or no money (maybe even FREE machines)?


  • To receive your FREE REPORT Vending's Dirty Little Secret click here..



  • Today's Vending Business Tip


    If you are considering buying an electronic machine make sure it is has "multi-price" capable. Being able to offer different pricing in snack and soda machines allows you more flexibility in product selection (and profits).



    Vending machine business news;

    3 suspects held in vending machine thefts (The Press-Enterprise)
    Three men were arrested this week on suspicion of stealing vending machines from around southwestern Riverside County, authorities said.

    YoNaturals Makes Its First Move Into Canada with Natural and Organic Food Vending Machines (Business Wire via Yahoo! Finance)
    SAN DIEGO----YoNaturals Inc., a Solana Beach, Ca., company that markets a healthy alternative to junk food vending machines, has launched its first Canadian branch in Edmonton.

    Making connections at Business Expo (York Daily Record)
    TheYorkCounty Chamber of Commerce held its annual Business and Technology Expo on Tuesday. Here's a brief rundown of what went on:   10 a.

    Water Vend Transforms the Bottled Water Industry by Being the First to Market Eco-Friendly Vending Machines in North ... (Business Wire via Yahoo! Finance)
    EDMONTON, Alberta----Many schools in the US and Canada are boycotting bottled water in hopes of making a point about green living. To them, there's no reason to sacrifice the Earth's health for something that can be acquired through a faucet.



    Vending Machine Business Mistake



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