What should you be considering about the vending business?
Seems simple doesn't it? You get a few machines you place them
somewhere around town, and once a week you go around and
re-stock them and collect your money. No fuss no muss just good
old fashioned work. It may appear that easy from the outside but
the reality of vending is quite the opposite of that.
There are a lot of sharks out there for the kill in the vending
business. Primarily they are the re-sellers or distributors of
equipment. They show up in shiny shoes, and pitch the American
dream of working for yourself you set the hours, employees that
accept quarters and work 24 hours a day, when realistically none
of them have ever even serviced a vending route before.
Vending like most service or goods driven businesses is about
sales. It's about volume sales of your product whether it be
candy, chips, coffee or soda. It's about the servicing of
accounts keeping the machines stocked and in proper working
order, ensuring there is change available in the machines. So
what do you need to consider if you want to enter the vending
business?
How are you with people? Are you a natural sales person? Do you
have any trouble tracking down new businesses that open around
town to see if they're going to be in need of a vending
supplier? Do you mind working off hours, not the regular 9-5
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everyday? Often you may have to service an account when a store
is closed, or there are no employees around. Generally this is
outside general business hours. Lastly, how do you react to
negative situations i.e. a machine is broken and the account
needs it fixed now.
These are a few of the traits to consider in yourself before
entering the vending business, but the rewards are great for
those that succeed and excel in their niche.
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For more information and tips on the vending industry and
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