Thursday, April 26, 2007

Changes in the Vending Industry



The vending industry is experiencing more change than ever before. Today’s economic conditions and fierce competition have resulted in an environment that is noticeably different from that experienced in the past decades. There have been a great number of advances that have occurred in the vending industry since it was founded way back in 1936.

It is important that all vending operators understand the changes that are occurring in the vending industry. There is really no need to for your Planet Antares vending business to remain stagnant, when all that you would need to do is execute new strategies that will help you stay afloat with the changes that are occurring. If your vending business remains stagnant, it will increase the chances of the competition putting you out of business

It is important that your Planet Antares vending business is aligned with the changes taking place in the industry. Below are some strategies that you can use is to keep your vending business afloat:

Make money at your smaller accounts
Achieve higher per capita sales
Open new markets
Introduce new products
Utilize technology

Cutting down on costs

When you want to improve the efficiency of your Planet Antares vending business, you can look at cutting down on your costs; however, this is not as easy as it sounds. When there is a drop in the revenue, cost cutting would have to be implemented, and you should continue with that if the drop in revenue still persists. There is no need to cut costs if good expense management is practiced on an ongoing basis. This is why financial management is very important to both small and large vending businesses.

For your Planet Antares vending business to operate successfully, you will need to have strong controls and preventive measures in place. Smaller businesses are more vulnerable because they typically lack the secondary controls and procedures.

Use of vending software

Software has given vending operators, the opportunity for more control over route warehouse inventory than ever before. This is an opportunity that can be easily lost when collection procedures are not followed and cash meters are recorded inconsistently.

All vending operations need a culture of excellence that incorporates cost controls. This is required because the market place is changing for the vending industry. The vending business has changed and that means that you need to adjust to the changes accordingly.

posted by Larry Bunker @ 12:02 PM 0 comments

The Importance of Keeping a Vending Machine Clean



For the successful running of your Planet Antares vending business, you need to make sure that the vending machines are well maintained. Cleaning the vending machines on a regular basis is part of the maintenance of the vending machine. Servicing vending machines does not mean just restocking the vending machines and collecting money from them. Servicing a vending machine also means cleaning all corners of the vending machine.

Planet Antares vending machines vend snacks and beverages. Since these are food items, a customer has to see that they are buying the items from a hygienic place. If a customer buys a food item from a vending machine that does not look clean, they will most likely not come back to the same vending machine. Look at it this way, if you go to a restaurant and sat at a table that was dirty, you would never think of going back to that restaurant again. Snacks and beverages that are delivered from clean Planet Antares vending machines will catch the eyes of potential customers and tempt the taste buds.

Whenever you are servicing a vending route, make it a point to clean every crook of the vending machine. This will not take too much time. If you have hired a route driver to service the vending machines, you will need to make sure that the route driver is cleaning the vending machines when servicing the vending machine.

The location where you have placed the vending machine will expect the vending machines too be kept clean. A location owner will also profit from having the vending machine in the location, so of course he would want people to use the vending machine when they are in the location. If they don’t use the vending machine, it means that he will go at a loss. People will avoid vending machines that are not clean and also vending machines that tend to go out of order too often.

The location that you choose for your vending machines should also be in a clean condition. The location should be free of insects and rodent harborage. This will help in keeping the vending machine free from dust, dirt and vermin, while keeping them in sanitary conditions. Planet Antares vending machines are designed in such a way that allows for easy cleaning.

To keep customers coming back to your vending machines, you need to make sure that your vending machines are well maintained and that your customers have got nothing to complain about. This is the only way that you can be assured of making a profit every week.

posted by Larry Bunker @ 11:57 AM 0 comments