Should you install vending machines in your company, shop or leisure club? If you’re considering adding a vending machine to your premises, but you’re not sure if it’s the right thing to do, just think about the following:
1. Financial savings
If you’re running a canteen or café in your business, you’re using valuable space, paying full- and part-time staff and buying or leasing equipment and supplies. Many companies, particularly those with multi-site operations simply can’t afford to have a canteen inside every building and make large cost savings by installing vending machines instead. Space can be re-sued for production or additional office areas and staff costs are considerably lower.
2. Time savings
Research by the NOP has suggested that an average sized business with around 50 employees loses around £85,000 per year in hours spent by employees making their own drinks rather than using a vending machine. Installing machines that dispense tea, coffee and other drinks, or snacks and other foodstuffs, reduces the amount of time that staff spend away from their desks, making them more productive for your business.
3. Additional revenue stream
If you use a vending operator, the machine and its contents are the responsibility of that operator; all you have to do is provide the site. In most cases, you will receive a percentage commission of the machine’s takings which give you an additional revenue stream.
4. Customer service
If you operate a retail or leisure outlet, a vending machine could make a real difference to your customers. Fulfilling their needs, whether it’s an energy drink or a quick snack gives you an edge over the competition and may encourage return visits.
5. Easy maintenance
Choose to run your vending machines through a vending operator and you’re choosing a really easy way to provide a service to your employees or customers. The operator is responsible for maintaining and re-filling your vending machines, and for repairing and servicing them during the period of your contract. Your only responsibility is to provide the site and ensure that users don’t mis-use the machine. This allows you to make vended goods available without the maintenance duties that go with them.
Five Reasons To Site A Vending Machine In Your Business
Coffee Vending Machine – The Foundation Of the Vending Machine Business
A coffee vending machine is a common sight in most locations where there are plenty of people. Whether you are in an airport, a hospital or an office building, the chances of being able to get a cup of coffee, a snack or a soda from a vending machine is very good. However, the number of specialty coffee shops is proving to be competition for these vending machines. This is why many of the coin-operated coffee vending machines now offer customers the opportunity to enjoy specialty coffee.
When it comes to vending machines, soda, snack, or coffee, customers want freshness. Therefore, if you have a coin operated vending machine that dispenses coffee or snacks, you do have to make sure that the quality of the product is always fresh. If you have coffee vending machines placed in locations where they are not doing well, the best thing is for you to find a location where the product will sell better, After a while the coffee in the machine goes stale and customers will not buy any at all.
Most business owners and managers will be very receptive if you approach them with your idea for coin-operated coffee vending machines. Since most employees do slip out to the nearest coffee shop for a refill, being able to offer specialty coffee at the business location does a lot for company morale. A small store near an office building will also like to have a coffee vending machine because the workers that come in for coffee will also purchase something else. In a vending machine, soda, snacks and fruit are really cold which goes over well on a hot summer day.
If you are fortunate enough to be able to place your coffee vending machines in the staff room of a school or business, you will do well with your vending machine business. All you have to do is set up a schedule for visiting the coin-operated vending machines to replenish the supply of coffee. You also need to provide a telephone number so that if the vending machine, soda, snacks or coffee runs out, someone from that location can call you to let you know. Being able to keep the vending machines fully stocked is one thing you need to do to succeed in this business.
The coffee vending machines of today offer larger cups of coffee than the older models. There are also better thermal and brewing systems in these coin-operated vending machines, which translates into offering your customers a better cup of coffee for their money. You do need to offer the same quality of coffee from your coffee vending machines as the customers can get at Starbucks or Tim Horton’s.
A Beginner’s Guide To Starting A Vending Business
If you are looking for a source of income that allows you to have flexible hours and be your own boss, a vending business opportunity might be right for you. How does one get started with a vending business opportunity? Here are a few practical tips.
Unless you are using your vending business opportunity to sell very small ticket items (such as fifteen cents each or less) you will most likely need some type of seller’s license or permit for doing business. It would be wise to inquire about this and find out about any time and cost involved before getting started with your vending business opportunity.
There are different ways to go about pursuing your vending business opportunity. Some people feel most comfortable starting out with one or two small machines, such as gumball machines, and placing them in strategic locations. Others prefer to kick off their vending business opportunity by looking for bigger machines that have previously been used and are being resold. When embarking on your vending business opportunity, sometimes you can find used machines in the classified section of your local newspaper.
When you are looking to begin or expand your vending business opportunity, another idea is to look for vending routes. Many times, you can also find these advertised in your local paper. This means that someone else is looking to sell their established vending business opportunity, and you could buy the entire thing and begin it without having to start from the ground up. For some, this may be an excellent way to get into their vending business opportunity of choice. However, others may prefer to start a bit smaller and build a vending business opportunity up by themselves at a slower pace.
Since deciding which machines to buy first can be a challenge, it is a good idea to plan out your vending business opportunity on paper before making any purchases. Write down which machines you are considering for your vending business opportunity, as well as how much the trinkets or candy they use will cost. Then figure out how many sales you would need to make a profit that is worth your while. Seeing these details on paper will help enable you to make the wisest decisions for your potential vending business opportunity.
When it comes to a vending business opportunity, the place where you put your machines is of extreme importance! Location can be the one factor that causes a vending business opportunity to fail or succeed. If you find a good location and begin to make a satisfactory profit, it is a worthwhile idea to expand your vending business opportunity by putting more machines in the same area. There are a few reasons why this would be a smart move for your vending business opportunity. First, putting all the machines in the same general area will save your vending business opportunity time and money, since you only need to make one stop to replenish each of the machines. Second, if you are sure that you have picked a profitable area, adding more machines will likely only increase the amount of money that your vending business opportunity generates.
A vending business opportunity does take a certain amount of time and work, especially in the beginning. However, it can be a very profitable and rewarding experience to pursue your own vending business opportunity, if care is taken to build it wisely.