Focusing On Brand Name in Vending

With snack and beverage vending machines, there are a wide variety of products that you can place in the vending machines. The products that you place in your Planet Antares vending machines play a big role in the success of your vending business. Before you place products in your vending machine, you will need to carry out research on which products are popular with the public. This is information that you can get from moving from location to location and watching what people buy from the vending machines that are there. Asking kids questions about which products to place in the vending machines will also help you to know which products are popular.

Placing branded items in your Planet Antares vending machines will save you all the trouble of advertising your products. Branded items are already popular with the public and of course they are always being advertised on the media. When you have these kinds of products in your vending machines, they just literally sell themselves. Even though branding is one of the factors that contribute to successful merchandising, it has long been underutilized in vending.

Becoming more brand focused
Retail competitors, such as c-stores and supermarkets have long been marketing their branded products. They are way ahead of the vending industry when it comes to that. This is something that the vending industry can learn from the retail industry.

Planet Antares vending machines sell items such as sodas, juices and all types of snacks. These are products that should always be branded. For example Coke and Pepsi are branded beverages. When you place them in your vending machine, there is no doubt that someone would buy them. They have been around for a very long time and they are always being advertised on TV, radio, signboards and other forms of media. This is why you will not have any trouble selling these brands in your vending machine. All you have to do is place the machine in a strategic vending location, then let the branded products sell for themselves.

You can have all types of products in your Planet Antares vending machines, but always keep in mind that brand always sells, so make sure that you keep the branded products as well. Try out new products in your vending machines. Don’t think that you should only sell branded products. You never know which product can become popular with the public. You can find this out by placing new products in the vending machines. If the product is marketed well and it becomes a hit, you will end up increasing your sales profits. Nonetheless your main focus has to be on brand name products, because these are the products that always sell, even on slow days.

Full-Proof Ways of Protecting Your Vending Machines

Vending machines that have been placed in locations need to be protected at all times. The vending business suffers from the problem of theft and vandalism. This is something that you can keep in check so long as you protect your vending machines. Once you have placed a Planet Antares vending machine in a location, someone can easily rob or vandalize the vending machine. The safety of vending machines depends on the location that you have placed the vending machine. There are some locations that don’t have someone to supervise the location, while there are locations where there is no one around every hour of the day or night. Avoid placing your vending machines in bad neighborhoods. If it cannot be avoided, then you would need to have fool-proof ways of protecting your vending machines. Whether your vending machine is in a good area or a bad area, you will need to protect your vending machine from theft or vandalism.

Thieves and vandals have become more sophisticated in their efforts to beat the vending machine. As a Planet Antares vending operator, you should look for ways that you can curb vandalism and robbery from occurring on your vending machines. There have been cases where entire vending machines have been stolen. Full line vending machines like those provided by Planet Antares are too heavy to move, this makes it practically impossible for thieves to even think of stealing one. The damage that is done to a vending machine during robbery or vandalism is staggering. The doors are usually pried open and the dollar bill acceptors with the money intact and the products inside the vending machine are stolen. To repair the vending machine, it can cost you anything from $50 to over $1000. These kinds of extra expenses should be avoided.

Technology
New technologies such as charge card accessibility and cashless vending. With this technology, smart cards are inserted into the vending machine instead of cash. If there is no cash in the vending machine, thieves will stay away from the vending machine.

Electronic Locks
Electronic locks can also protect your Planet Antares vending machine securely. External theft and internal theft are both a major problem in a vending business. It is very hard to pick an electronic lock and to gain entry into the vending machine; it has to be a keyed entry.

Alarm Systems
Vending machine alarm systems are also available to protect your vending machine. There are those that will sound a loud siren if the door is opened without a proper code and then there are those that will sound an alarm if the vending machine is tilted or roughed up. Some systems can even take a photo of the attendant every time the door is opened without a code.

Security Cages
A security cage is designed to wrap around a vending machine, allowing access only to small openings at strategic areas. These cages are also designed to protect all sides of the vending machine. This is the best kind of protection that you can get for the full body of the vending machine. It will protect your vending machine from theft and vandalism.

The Basics to Increasing the Profit Potential of Your Vending Business

A Planet Antares glass front vending machine has the capability of giving numerous benefits to vending operators who want to maximize their versatility and marketing capability. You can effectively market a higher number of products in a small amount of space than what a drop-shelf unit can provide. Planet Antares glass front vending machines provide a larger number of selections in a compact space.

These vending machines will also allow you to calculate sales and reduce wasted inventory through visual and electronic tracking. This will provide you information on which products are the quick sellers and the ones that are not. There are a large number of products to choose from today. Products may be popular today and not so popular the next day. You just need to find a way of keeping up with the product trends, to ensure that you only have winning products in your vending machines. A wider variety of products means more choices and a greater potential for revenue. You can also maximize your revenue by offering branded products, which customers are already familiar with.

When it comes to the methods of payment, keep in mind that vending is all about convenience. The easier the mode of payment, the more the business you’ll do. Cashless vending is the new technology that vending operators all over are installing in their vending machines. This technology makes it easy for customers that do not have cash money with them, to make purchases from vending machines using credit or debit cards. When you offer such payment options in your Planet Antares vending business, you will have more customers making purchases from your vending machines. This will of course increase the profit potential of your vending business.

The durability of a vending machine is a factor that you should take into account when choosing a vending machine. There are factors that make vending machines prone to damage, such as vandalism, weather and general deterioration. Quality vending machines are built from galvanized steel, which has been painted with protective powder-coat paints. Choose vending machines has been designed in such a way that will make it theft and vandal proof. This will prevent financial losses in your vending business.

The location that you choose for your vending machine is very important. The first thing that you should do is carry out research on the potentially profitable locations in your area. This will help you pick the right one. The most obvious place to place the Planet Antares vending machine in the location would be a centralized position. This can be a position that can be easily seen from the entrance of a facility. Centralized positions also include areas where the foot traffic is the highest. Keep in mind that convenient access to products will mean increased sales.

Making sure that your customers know what you are offering is another way of increasing your profit level. You can do this by making it easy for customers to identify what products are for sale and at what price. Signage is a quick way of doing this.

The Adoption of Cashless Vending

Cashless vending is technology that has really become popular with vending operators today. It has changed the way people buy from vending machines. In addition to the public’s increased attraction to self service technologies and online applications is a growing interest in the implementation of alternative payment options for traditional cash based transactions.

There are some parts of the vending industry that already accept card payment systems. Innovative payment technologies that are designed to reshape vending transaction are being adopted at an unprecedented rate. If you have a large Planet Antares vending business, you should think about implementing the technology in your business.

Customers favor cashless vending
In the past there was a slow adoption rate for cashless vending. This can be attributed to customer reluctance to use cards for low value dollar transactions, a lack of operator experience with new technology, and its perceived high costs. This is something that is changing, as more Planet Antares operators and other vending operators are becoming aware of the impact that cashless transactions has on a vending operation.

With more than 8 million machines, the vending industry can be described as the largest all-cash business in America and certainly the most all-encompassing retail in terms of number of locations.

The cost of hardware, software, and transaction processing has ceased to render cashless a much more appealing payment option. This is a payment option that can be considered by large Planet Antares vending operators. Since the technology is still quite expensive, you stand to gain financially, if the vending operation is large. This technology will make the vending experience more pleasant for the customer. Installing the technology in your Planet Antares vending machine will mean that you are offering more convenience to your customers and at the same time increasing the chances of having an increase in sales.

Steady rise in cashless vending
Over the past decade, there has been a steady increase in the preference for credit cards as a method of payment. Economists have pointed out the fact that credit card transaction volumes have seen a significant increase. To date the vending industry, which is dependent on convenience and service, remains the only major retail channel that does not universally accept cashless forms of payment. It is estimated that 2 to 3 percent of U.S. vending machines offer a credit card payment option. This capability is projected to be 50 percent by the year 2009.