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Thursday, May 31, 2007

The Current State of the Vending Industry

The state of the vending industry is not the same as what it was before. There have been so many changes that have occurred in the vending industry. Vending operators all over are finding the business environment more challenging than ever. Planet Antares can offer established vending operators as well as start-up vending operators strategies that will help you through the challenging economic situation of the vending business. An economic recession can make the vending industry more challenging.

The current economic situation gives all size companies sufficient cause to take the time to establish a business plan. A business plan will organize “hard data” in a way that will give a Planet Antares vending business direction. The more “hard data” a business has, the better it can set goals and at the same time monitor its performance.

A business plan that is provided by Planet Antares will show vending operators how a vending operation will deploy its resources over a specific time period in an effort to maximize returns. Although much of the plan will focus on the deployment of capital and operating cash flows that are generated. A business plan covers the use of all company resources, including human resources.

The current state of the vending industry makes planning more imperative than ever. Aside from one of the most challenging economic environments the industry has ever faced, the current business climate requires more direction than in the past. Customer needs are less uniform than ever. That is why it is important that you understand the needs of your vending locations carefully. When you understand their needs, you will be able to cater them. A Planet Antares vending operator that is serving a large metropolitan area needs to understand the demographics of the customer base. Customers have different demands and that is why it is important that you carry out research to find out what customers in certain locations want. This is something that can differ from one location to another. Equipments are offering more possibilities than ever, all thanks to technology. These technologies offer enhanced customer service, but require additional investment. If you have a sizeable vending operation, it would make financial sense to invest in some of the technologies that are in the market today. Technology may just be the best way of dealing with the challenges that are being faced by the vending industry today.

The one significant change that is occurring in the vending industry is the increased use of technology. Vending software offers the ability to gather financial information faster and more accurately. This information will be used to improve customer relations. The internet also allows companies to gather information about products faster, which can then enhance product selection. Other technologies that are increasingly becoming popular are cashless vending and telemetry. Technology has the capability of increasing the profitability of a vending business. If a vending operator has the financial means to invest in technology, they should go ahead and do that.

Thursday, May 24, 2007

How to Improve your Planet Antares Vending Business

No matter how great your vending business is doing, there are always things that you can do to improve your vending business, in order to increase profitability. Any vending business can fall into the repetitive lull of everyday operations, once it becomes established. With the vending industry constantly changing, you cannot afford to let your Planet Antares vending business remain stagnant. The vending industry is a competitive industry, so if your vending business is just maintaining the status quo, it means that it is already falling behind. To improve your Planet Antares vending business, there are a few steps that you can follow, which are listed below.

• As a Planet Antares vending operator, you need to make sure that you give your vending locations all the attention and service that they desire. Customer service is crucial to the vending industry because it is based on reputation and word of mouth advertising.

• Establish good relations with the customers of your vending locations by getting to know them. It will help you to understand their needs. This is important, because it will give you a feel of what the customer experiences and what they want. By visiting the locations, talking to the vending machine consumers and watching vending machine purchasing trends, you will be able to tailor menus and services to specific vending locations.

• Maintaining good relations with the other vending machines business owners or operators is important because you can share business tips and information. This will help the vending industry move forward as a whole. You just never know what you can learn from your fellow vending business owner. Of course keep in mind that you do not have to divulge all your vending secrets that have proven to be successful. However, new vending machine trends and consumer demands are responsible for steering the vending industry, which just goes to show that sharing of information will be a benefit to all.

• Keep in mind that fair play and mutual respect is fundamental to the vending industry, so don’t go around openly slandering the competition. Healthy competition for your Planet Antares vending business will only promote growth in the vending industry.

• Follow new trends in the vending industry, so that you cannot be left behind. There are changes that can occur in the industry that you should be abreast about. New technologies that can improve your vending business are always being introduced. Cashless vending and telemetry are the two kind’s technologies that have improved the face of vending.

Monday, May 21, 2007

The Identity of Your Vending Business

The look and feel of your vending business really matters. First impressions are everything. When you have a Planet Antares vending business, you have to present your vending business to potential clients in a way that will make them to retain your vending services immediately. How your vending business is perceived in the market place is critical to your long term success. Separating yourself from your competition by utilizing a professional website, a creative brochure and other eye catching marketing elements are significant in winning new business.

Corporate identity: This would be the entire visual identity of your Planet Antares vending business. In other words it is all about what your brand looks like from its logo, business cards, letterhead and other signage. When you are going around looking for new locations and clients, you will give out things like business cards and other signage. If the potential clients are happy with what they see, chances are they will get in touch with you to learn more about the kind of vending services that you provide.

Brochure: When you are providing Planet Antares vending services, you know that you are providing services that are is unique and special. This is something that you would want to be conveyed to potential clients. Communicating with prospective clients through a creative brochure is very important when it comes to the selling process. A professional brochure establishes immediate credibility.

Website: The website of your Planet Antares vending business is your online sales pitch for the vending prospects searching the Internet. Everyone uses the Internet today. When your prospects are looking for a new service provider, they will look it up on the net, not in the phone book. Your website has to stand out from the crowd in two unique ways. Firstly, it needs to look sophisticated and professional. Secondly, your website needs to appear on the first page of the “free” search results on popular search engines.

Truck signage: By having sign age on your vending trucks you will be taking full advantage of the free advertising and branding opportunities on your fleet. This is cost effective marketing for your vending business.

Uniforms: Employees are an extension of your brand as they represent your vending business whenever they are delivering new products to client locations. Your employees should be “dressed for success” and should also proudly display your brand on their uniforms.

Thursday, May 17, 2007

Profitable Planet Antares Vending Machines

When you buy a vending machine for your vending business or for a location, you would want it to be profitable. The vending machines provided by Planet Antares are snack and beverage vending machines. These are the best kind of vending machines that you can have in any location. They are reliable and at the same time durable.

There are many factors that go into making a vending machine profitable. The first and foremost most important factor is the location of the vending machine. There can never be too much emphasis laid on the importance of a location to a vending business. The vending machine that you buy has to go well with the location that you pick. The location has to have a high traffic of potential customers that will make a purchase. A Planet Antares vending machine can fit very well in almost any location. This is because, snacks and beverage vending is one of the most lucrative businesses around. People can never really have enough of the products. This kind of machine needs to be placed in a location that has high traffic. These can be places such as shopping malls, motels, subways etc.

Planet Antares vending machines are glass front vending machines. This means that the products that are placed in the vending machine will always be visible. This is something advantageous. When the products are visible, it means that the customers will be more attracted to the vending machine and thus they will be more likely to make a purchase. This is why these vending machines are very profitable. When you place the vending machine on location with the brightly colored products, it will get all the attention of passers by or people who are waiting in the location.

The products that you place in the vending machine also contribute greatly to the profitability of the vending machine. If you have a vending machine in your business or your office, you need to place snacks and beverages that your employees would want to buy. If you have products that nobody will buy, you will end up going at a loss. The same applies to any other kind of location. Understanding people needs will help you place the right kind of products. Branded products are always quick sellers. This is why you need to have them in your vending machine. With a glass front vending machine, keep products that are eye catching.

Planet Antares vending machines are profitable because all that you will need to do is carry out preventative maintenance on the vending machines, to enjoy hassle free vending. These are machines that will not let you down by malfunctioning at any time.

Monday, May 14, 2007

Credit Card Solutions in Cashless Vending

Credit card options have brought new opportunities to vending operators. Planet Antares vending operators should think about including cashless systems as part of the bidding process. This technology can be used to justify higher prices and to take the focus off low prices and high commissions.

Vending machine manufacturers are continuing to invest in higher value merchandising solutions that can vend multiple product sizes in better looking Planet Antares glass front vending machines. The new equipment allows vending operators and bottlers the opportunity to include higher priced options like energy drinks, healthy snacks and organic choices. These can drive price points and profits higher. This is all making it possible for the vending industry to compete with convenience stores at competitive price points.

Installing credit/debit card systems in vending machines seems fairly straightforward; however the reality is that these systems are not yet that widely used in the vending industry. Out of all the vending machines in the U.S., a small percentage of them are equipped to handle credit and debit cards.

When installing credit card readers in Planet Antares vending machines, each terminal must be connected to a public network so that the credit card transactions can be authorized. This connection is often carried over a cell provider’s data network that involves monthly charges that are incurred by the cashless provider. There are fees involved in “clearing” a credit card transaction. These fees are passed on to the cashless provider who then passes them on to the Planet Antares vending operator.

Having a higher vend price is what will make these systems more cost effective. A greater adoption of credit card systems in vending will largely depend on:

• The justification of higher prices by the vending operators and bottlers.
• Communications costs continuing to decrease.
• Lower transaction fees from credit card companies and merchant banks.

Sooner or later, all vending machines will eventually take credit cards. Having credit card solution in your vending machines will be more cost effective where prices are high and low commissions will justify the added expense. This kind of success has been seen in high price points such as airports and amusement parks where vend prices are at $2 or higher. Vending operators using these systems have found that they could cover the communications and per transaction charges based on the sales lift.

Thursday, May 10, 2007

Purchasing an Established Vending Route

It has always been a fact that buying an established vending machine route is a great way to get profitable quickly in the vending business. It is just important that you watch out for the major pitfalls that can happen. A good vending route would be like one that is using an excellent vending program like the one by Planet Antares Inc.
People sell their vending businesses for a variety of reasons. Look for an honest vendor who is looking to cash out. When you find one who is selling his vending business, you should buy the business at less than one year’s net income and the seller will hold some financing. If the seller was using the Planet Antares vending program, you can be sure that the locations were doing well. However, if you are buying an established route from someone with bad locations and is probably about to lose them, or if you buy from someone who paid too much for his vending machines and is barely breaking even, you will just end up buying their problems. If this happens, you will find it very hard to make a profit with your newly acquired vending business.

To avoid such circumstances, the best thing that you can do is find out the real reason why the vendor is selling his business. Try to also find out about how his business is doing. When buying established vending routes, it’s not uncommon to see the buyer going round with the seller to get acquainted with the vending route. This would be the best time for you to assess the business for yourself. Buy the vending operation only if you are satisfied with what you see.

If the vendor was using quality vending machines like Planet Antares vending machines, then that means that you will be taking up a hassle free vending operation. For a vending business to function without any hassles, the vending machines have to be of the best quality so that you cannot experience too much downtime. Downtime results in lost sales, which in the long run will be a great financial loss to you. You might even end up losing the location all together.

Before you make an offer on a vending business, it is important to understand all the aspects of the vending business. Go for excellent vending programs like the Planet Antares vending program that has helped create success stories for a large number of vendors. This program will help you understand everything about the vending business.

Buying an established vending route at a great price is the best way to get right into the heart of the vending industry. When you acquire the vending route, just make sure you maintain the business, so that you can even see more profits coming in.

Monday, May 07, 2007

Strategies Used in Vending

In the past, many successful vending operations enjoyed growth through word of mouth referrals and luck, however today, sales and marketing strategies are no longer optional in order for you to succeed in vending. The traditional word of mouth referrals will not always continue to work.

If you have a Planet Antares vending business, you will need to change the strategies that you use in today’s market place. The market place has become more aggressive, especially with the decreasing number of potential locations. This means that you need to use a more deliberate, systematic approach to growth.

In order for a Planet Antares vending machine to be profitable, you need to place your vending machine where they are easily accessible and visible. A location where people tend to meet would make an ideal location. When you are location hunting, the first thing that you should do is to keep in mind the people are you marketing to. This will help you know which products you should place in the vending machines. It is important that you know who will be buying the products in your vending machines. If your hope to see an expansion in your vending business you need to have creative, hard hitting sales and marketing strategies.

Sales and marketing strategies are very important for the success of your vending business. Marketing is usually confused with sales, even though they are totally different things. Sales is seen as a day to day tactical issue and on the other hand marketing looks down the road and addresses how you get the word out, how you package your goods, how your identify your market and other strategic issues. A good marketing strategy would be for you to bring on a new product line in your Planet Antares vending business. Sales and marketing both work well in a vending business.

There are a number of strategies that you can use in your Planet Antares vending business to make it more profitable, you just need to be sure about effectiveness of the strategies that you want to use. One thing that is primal importance is the understanding of your customer base. When you understand what a customers wants you will be able to provide them with exactly what they need. This is what will help you make your vending business a winner. Use strategies in your vending business to keep you on top of the competition.

Friday, May 04, 2007

Popularity of Snacks and Beverages

Today there are more people who are taking the snacks and beverages in vending machine as a main meal. This is all because of changing lifestyles, where people are so busy that they actually don’t have the time to sit down for a meal. They can only eat in a hurry. This is what has made Planet Antares snack and beverage vending machines more popular than other vending machines.

Customers demand a product that they can munch on when in the car or maybe when walking from place to another. As a result of this trend, consumers have become less concerned with eating junk food and more concerned with convenience.

Snack and beverage vending machines are usually in demand in most locations because of the consumer’s need to have a snack or a beverage at any point of day or night. If you place a Planet Antares vending machine in an office or a business, you can be sure of having sales being made from the vending machine. If the vending machine has been placed in a lunch room, people would prefer to buy a snack from the vending machine, rather than go out of the offices premises to look for a place to eat. The vending machine allows them to save on time. If the vending machine is in a location that is frequented by youngsters, you can be assured of good sales. This is because youngsters love snacks and sodas more than anybody else, so if your vending machine is ideally located, you will get maximum sales.

The kind of snacks and beverages you place in your Planet Antares vending machine really matters. Different locations have different tastes, so you need to understand what the location wants. You can never go wrong with branded snacks and beverages. These are items that people are already familiar, thus if they love the product, they would not waste time in buying the product. Snacks with bold flavors have become quite popular with the public. On the other hand healthier snacks have also grown in demand. Consumers want healthier snack choice but at the same time they still demand full flavor and good value for their money.

Snacks and beverages are definitely popular in vending machines and that is what will make Planet Antares vending machines continuously profitable. Profitability also depends on the locations that have been picked for the vending machine and the products that go in the vending machine. These factors ensure the highest sales from your vending machines.

Who Are Vending Operators?

Vending operators are individuals that run a vending business by servicing vending machines on a regular basis. Vending operators can also be the owners of the vending machines that they are servicing. If the vending business expands, the owner of the vending machine can decide hire a route driver to service the vending machines.

When a Planet Antares vending machine is placed in a location, it will immediately start making money. The products in the vending machine will be bought by customers that are looking for a snack or a beverage. As the machine empties and more money is inserted in the vending machine, a vending operator will need to make sure that the depleted stocks of the vending machine have been replaced and that the money in the vending machine has been taken to the bank.

A vending operator needs to be very familiar with how a vending business works. They need to know where to look for the best locations and where they can find the best suppliers. If you are a Planet Antares vending operator, it is important that you are in touch with one or two the other vending operators in your area. If you are new to the business, they can help you know about which locations are best to go for and which ones you should avoid. They can also provide you with information on which products are currently popular with the public, so that you know which snacks and beverages to have in the vending machines.

A vending operator should be committed to the servicing of the vending machines. If a Planet Antares vending machine is not serviced on time, it means that customers may end up finding the vending machine out of their favorite item. This would be a lost sale to the vending operator. If the vending machines run out of stock on more than one occasion, customers will get to know that and they will avoid your vending machine in the future. To maximize your profits, you need to make sure that as soon as a product is out of stock, you have replaced it. In order to know what products to place in the vending machines, you need to know what the customers in a location would like to see in the vending machines. If a vending operator gets to know this, it means that he will only keep the high selling products in the vending machine.

A vending operator would also be required to have some basic knowledge of how to repair a vending machine. If the Planet Antares vending machine gets a mechanical problem, a vending operator should be able to fix the vending machine with a screw driver. If it is major problem, the vending operator would need to contact the vending machine mechanic. The cleanliness of the vending machine would also be up to the vending operator. The vending operator has to make sure that the outside as well as the inside of the vending machines is clean at all times. Customers would appreciate a clean vending machine.