Planet Antares scam alert blog on tips & advice on various vending scams for entrepreneurs and operators.

Monday, February 12, 2007

Efficient Currency Handling Equipment in Vending
Vending operators have always felt the need for eliminating ‘exact change only’ situations in their vending businesses. New currency payment systems have the features to eliminate this kind of situation in your Planet Antares vending business. There are some that can even recycle bills which allows for multi vending. As currency handling technology evolves, vending operators are finding new tools to offer customers more convenient payment options.
If you give customers the ability to use whatever change that they have on them, you will find that the sales of your Planet Antares vending will increase. This ability will change the way that your customers purchase from your vending machine.
Technology is enhancing the versatility, reliability and durability of bill acceptors and changers in vending machines. There are some benefits that come with this technology, such as, reduction of consumer price resistance and at the same time wider variety of price points in the machine. This can be effectively used in your Planet Antares vending machines because they carry product variety.

Dollar coin payout expands
Most bill acceptors accept denominations over one dollar and most pay out coins as change. A five dollar bill acceptance is a customer convenience that will help sales in your business. Consumers are now getting used to putting five dollar bills in vending machines. Planet Antares vending machines come with bill changers which makes them very convenient for customers when they are looking for change.
Many vending operators feel that higher bill denomination makes cash counting easier, since there are fewer bills to count and stack. This is all thanks to the improved capacity of the new coin changers.

Five dollar bills increase bill sorting
Five dollar bill acceptance does create the need to sort 1s and 5s. This can be easily overcome with a dual pocket coin sorter. Although consumers have gotten into the habit of carrying dollar coins in their pockets, operators have nonetheless found it worth their while to offer dollar coin payouts to support higher denomination bill acceptance. This has created a need to continually restock coin changers with dollar coins.
All in all operators have given mixed reviews on how much of the dollar coins are circulating back into the vending machines. Most have also come to the agreement that consumers are spending more than they initially did.

0 Comments:

Post a Comment

<< Home