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Tuesday, September 12, 2006

Vending Purchases Made in the Improved Economy

As economic conditions slowly improve, Antares operators are making plans to offer more of the latest and most improved vending equipment. While customers are not adding workers in large numbers, most operators agree that the conditions have improved.

To secure new locations and improve customer relations in existing accounts, Antares vending operators realize that they need to offer new equipment. In the past few years, operators have had more aggressive purchasing plans than they did when economic conditions were less promising.

Operators prefer new machines

Surveys that have been conducted have revealed that more operators have been buying more vending machines, as compared to the past years. The vending industry has attracted a lot of interest because of the cash benefits that come with the business. Antares Corporation offers snack and beverage vending machines for sale. Snacks and beverages have always remained popular vend products for vendors as well as first time vending operators.

Rising interest: combo machines

In the past few years there has been a growing interest in combination machines like the Antares Refreshment Center. These machines are designed for locations not large enough a full bank of equipment. One explanation for this could be that more Antares operators are taking an aggressive look at smaller locations. Operators overwhelmingly agree that while account downsizing has slowed, locations are not re-staffing to the pre 2000 levels. Many Antares operators feel that they have no choice but to find ways to serve less populated work sites profitably.

Operators to invest in more trucks

As for purchasing plans by Antares operators in other areas, small increases were planned for route trucks and currency handling equipment. For certain purchases, the Antares operator has to be willing to invest capital in the technology that is required.

Overall, the survey reflected rising optimism about the industry’s future. Experienced Antares vending operators realize they need to continue to invest in more modern machines to meet customer expectations

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