Tuesday, August 26, 2008

Selection Of A Vending Machine Distributor

While making plans to enter the vending business, you need to know about the vending machine distributors from whom you can purchase the vending equipment of different types, size, shapes and prices. A vending machine distributor is the company or person that provides vending machines to customers.

Initially, you will have to look for a vending machines distributor who can sell vending machines to suit your business requirements. Generally, a vending machine manufacturer has his contracts with distributors to sell and deliver their vending machines to different people.

After you have figured out the type of vending machines you need, it is time to look for a vending machine distributor that has the required kind of equipment. This is not an easy task for most people. You must compare various vending machine distributors for the quality of machines and services offered for them as well as the investment required for it.

Good quality vending machines are offered by Planet Antares Inc as they give you an effective advice regarding the types of vending machines that would be best for your area. You can also take opinion of the distributors in your area about the different elements of running a vending business. Apart from the buying method, a great way to get started is by purchasing an existing vending route.

In the beginning, you may not be able to deal with the vending machine manufacturer. It will be better to approach the vending machine distributor instead. They have knowledge about different kinds of manufacturers who have new and used Planet Antares vending machines in excellent condition. There is a probability of getting better deals through a vending machine distributor who has long term relationships with various vending manufacturers.

The internet presents a great technique of finding vending distributors. There are innumerable vending machine distributors online who offer vending machines at highly competitive rates. Along with the equipment, you can buy quality products from Planet Antares vendors. For better understanding of the vending distributor’s services and machines, check their website and verify their experience and expertise. A good website will be regularly updated and provide details about different vending machines on sale, their features and price. Also, call on the customer support number to test their service before you actually sign a sales contract.

Thursday, August 14, 2008

Value Pricing In Planet Antares Vending

Establishing a vending business takes more than purchasing and installing vending machines at good locations. It involves recording and tracking of transactions as well as employee operations through several methods and management tools. Techniques like planograms and handheld computers can be used to determine product turnover. In short, Planet Antares vending operators can find effective means to control and monitor product turns with very little extra labor.

Since the past few years, there has been incredible rise in the vending industry players. With such a rise, there is aggressive competition among the vending operators to get customers for higher sales and revenue. As the vending industry continues to become more aggressive, you must ensure cost cutting and profit maximization to retain and increase your market share.

Many of the Planet Antares vending operators complain that the retail stores and channels can raise prices without any issues. The main factors that effect vending prices are customer account contracts and competition, not the customer needs. A good strategy will be sales and profit enhancement for product pricing changes.

Initially, hardly any of the vending operators had the necessary resources for tracking the results of vending transactions. Now, the scenario has improved greatly. There are several theories that have developed over time as solutions to improve product pricing. As per one theory, operators can enhance customer choices and satisfaction by discounting secondary products. This can lead to greater sales and profits for your vending business.

Considering sales accountability and driver execution, majority of the Planet Antares vending operators believe that simplicity is the key to product pricing. They feel that any advantages created by strategic pricing will be minimal in relation to risks associated with more complicated strategies of pricing.

The current economic situation is a good time to test product pricing. This is due to several reasons like:

• Due to downsizing, the location sales have gone down and made it the best time to buy lesser from established, experiences suppliers.

• Special offers are appreciated by consumers as they become more price conscious.
New and improved tools are being launched for Planet Antares vending operators to handle both these factors.

Friday, August 01, 2008

Planet Antares Cashless Vending – What’s The Buzz About?

All credit card companies have a single goal in mind – to increase their business profits!
In recent years, they have been striving for getting customers to use plastic instead of cash for small dollar transactions, like the transactions made in vending machines.

One dollar can fetch a consumer a soda or snack from a Planet Antares vending machine. The total of all vending machine purchases is something that credit card companies are aware of, and would like to be part of.

In 2003, there were more U.S. electronic payments than cash and check payments ever in history. Micro transactions, including those made at vending machines, accounted for $1.32 trillion in consumer spending. These have further expanded since 2003.

Credit and debit card associations aim to convert small purchases from cash to contact less, cashless payment technology. For organizations that have already implemented contactless payment options, the new technology has exceeded all company projections.

As a Planet Antares vending operator, you can implement this technology for the success of your business. The vending industry can play a significant role in converting consumers from cash to cashless transactions.

Currently, credit card companies are offering vending machine operators like Planet Antares vending operators, incentives to enhance their sales. These incentives include:

• Reduced credit card interchange rates
• Lesser transaction fees
Cashless payment options will be very beneficial for both credit card companies and vending machine operators in the long run by increasing profits for both. This new technology would be a relief to many customers who already enjoy the diversity of payment alternatives in other retail outlets.

People with hectic lifestyles will definitely be more inclined to garb a snack from a Planet Antares vending machine, if the machine has a cashless payment option. This implies that the product will be more accessible to them. By incorporating such a payment option in your vending machine, you can open up your products to new groups of customers.