Vending Machine Blog: News on the Latest Innovations

Finding the best location for your vending machine

April 27, 2022

At the cost of sounding cliche, the top three of the five most important factors for success in the vending business are location, location, and location. It won’t be surprising if the other two are location too. Winning the best location for the vending machine is the first step towards monetizing the capital investment made on the machine. It influences critical business metrics like sales, profits, and average revenue per user. Choosing a poor location

Ways customer service influences your vending business

April 7, 2022

“I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” – Maya Angelou – Poet, memoirist, and civil rights activist Certain sayings have a great deal of wisdom hidden in them that resonates with us. What makes them great is how they remain true across time. We all must have heard the above Maya Angelou quote in some variation or

Be Mindful of these Pitfalls When Purchasing A Used Vending Machine

March 21, 2022

The Pros and Cons of the Used Vending Machine Business Did you know that as of 2022, the US has roughly 5 million vending machines? According to the industry market research firm IBIS World, the vending machine industry generates close to $8.9 billion in annual revenue. About 67% of this market comprises small independent operators selling snacks and beverages and making small margins. For most vending machine owners, it is primarily a side hustle. Vending

Snacks, Drinks, Frozen Foods, or Combo – What Would Give You More Vend Sales?

March 18, 2022

The product decides the machine. A vending business is a reliable source of revenue, if you do it right. Even if you are not a mainstay vending business owner, an additional revenue stream from a vending machine gives you the liberty to pursue your passion. It helps you save money for a rainy day. The first step towards getting a steady flow of revenue is by choosing the right product to sell and the machine

Winning the right location for your vending machine (the sales approach, not selecting the location)

February 16, 2022

Factors influencing the success of a vending machine business 9 out of 10 vending business owners would agree that location is the most crucial factor in determining success. Important factors, such as selecting the right vending equipment and choosing the most profitable and saleable merchandise, depend on the location. For example, in a location where a hip demography loosens their purse strings, having an intuitive interface and reliable operations results in more transactions. Whereas, in

How does a ‘Made in USA’ vending machine help your vending business

February 1, 2022

Buying Made in the USA – The What and The Why? Some suppliers sell truly American-made products, while others do not. The government has ensured that buying Made in the USA is no longer an abstract concept. The high-level description of an “All or Virtually All” American-made product is that more than 50% of the product and its components by cost must be made in the country. Thanks to FTC guidelines [1] and federal

Full-spectrum vending machine and vending solutions supplier

January 21, 2022

How Do Vending Solutions Contribute To Business Success? Vending is more than the machines, installation and operation, and maintenance. The complete vending service solution you choose extends your identity as an entrepreneur or business, which goes beyond the latest features and newest technology It also needs to be equipped to Serve your customers better – take care of your customers in the most efficient way possible by enhancing the customer experience through the latest

5 Vending Machine Features You Must Have (UV, Cashless, GuaranteeVend, etc.)

January 20, 2022

Five Must-Have Features of Your Vending Machine Are you in the market for a vending solution? Vending machines wear multiple hats – they are a great source of extra income and a way for products and retail brands to improve the customer experience. If you are in the market for a vending solution, the ideal starting point is to check out our profit calculator or contact us directly at Vending.com. What are the features

Buying a vending machine is easy (Financing, leasing, reman/used, etc.)

January 18, 2022

Buying a vending machine is easier than ever before. Everybody must have experienced the fun of buying something from a vending machine to just see it spit out the product you chose to buy. Owning a vending machine can be even more fun and rewarding. Nobody will mind an alternate source of revenue from vending machines. There are several stories where what started as a side hustle became a thriving vending business. Investing in a

What Is The True Cost of Owning a Vending Machine?

January 18, 2022

Total Cost of Ownership – The iceberg below the water level Owning and operating a vending machine is good business. More than 2/3rds of vending machine owners and operators are micro businesses and individuals. They do not have the “big-four” accounting companies keeping their books. Suppose you are a small business or individual owner-operator of vending machines. There is a high chance that you will have to keep a tab of your collections and earnings

Full Profit Vending Program

January 14, 2022

What does a full profit vending program look like? How much can you, hypothetically, make from your vending machine? Check out our price recommendations below. Can cold drinks (Major Brands) Vend Price———————————————————————————————-$1.25 Cost per can———————————————————————————————–.32 Profit per can————————————————————————————.93 Bottle cold drinks (16.9oz-Major Brands) Sale/Vend Price—————————————————————————————$1.50 Cost per bottle——————————————————————————————-.67 Profit per bottle——————————————————————————–.83 Bottled Water-#1 Selling Beverage (16.9oz) Sale/Vend Price—————————————————————————————$1.25 Cost per bottle——————————————————————————————-.13 Profit per bottle——————————————————————————-1.12 Chips-Top Name Variety Pack (50 Ct.) Sale/Vend Price—————————————————————————————-$1.25 Cost per bag———————————————————————————————–.28

How to Find Locations for Your Vending Machine Equipment

January 14, 2022

A common question asked by new people getting into the vending business is, “How do I find the best location for my vending machines?” Some new vendors will get permission to place their machine(s) at places such as their own place of business, a relative or a friend’s business or a business where you know the owner. To assist further, we have listed below a number of businesses to consider when placing your machines. Keep

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