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Make More Money With A Newer Vending Machine?

Apr 26, 2008
Vending machines have certainly changed in style from the past. In fact some of the very old ones are collector's items. There is one inside of our local barber shop that he stocks cold drinks in for the kids that come in to get a hair cut. He gives them the coins to insert after they have been taken care of. It is really a great treat for my kids and I am sure it is for many others as well.

That got me to thinking about the attractiveness of a vending machine. It seems like it really does influence sales, especially when there are many of them in the same area. People tend to gravitate towards those that are colorful and even that dispense products in a way that you can see the process through the front of the machine.

This newer machine was definitely appealing to those walking into the store, especially children. It features a design on the front of it that changes from one picture to the next. Some people stopped to look at it and I did see some people buying from it just to do so. Yet many people were counting their change and then reviewing the prices on the vending machines. It wasn't surprising that this newer machine sold products at twenty cents more than most of the others.

You can be sure these newer looking vending machines will start to crop up all over the place. They are likely being sold as a way to get more sales. Yet you need to be very cautious about falling for this line of talk. There may not be such a connection between the look of a vending machine and the volume of sales. You could just end up spending more money on your equipment going this route.

The perception you have of this can be further fueled though by the vending machine industry. They are going to try to sale you the most expensive models they have in order to line their own pockets. They sale you on the idea that you will make more money with a pretty vending machine. They are very good at their job too so they will be able to smooth talk many individuals into buying one.

It is the smart vending machine business owner though that has already done the work to find great locations for the vending machines. It isn't wise to buy them and then hope you can get them positioned at a place where you can make some money. Think about the types of vending machines that are going to be around where you are placing yours.

Do you think you can compete with how they look? Definitely something new to be thinking about in the vending machine business. Of course the goal is to find places to put them that will get plenty of business AND you don't have competition around for it to matter.

With this in mind, do keep your vending machines looking nice. Replace what has been broken such as the covers. Put in new light bulbs when those inside of it wear out. Yet save your money and don't buy a fancy looking vending machine. It is only going to increase your overhead for this type of business.
About the Author
Robert Farnham built a profitable vending business after starting totally the wrong way. He now writes about building a vending business and the pitfalls to avoid. Visit his website at My Vending Uncle for more.
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