Sunday, May 6, 2007

Locating your Vending Machines and Tips

vending machineWhat is the best way to locate vending machines?

There are two ways to locate your machines. Do it yourself or hire a professional locator.

Vending Machine Locating Company

There is nothing wrong with hiring a locator service if you don't mind spending the money and servicing a location that may be shaky to begin with. Locator's get paid by location, so they can care less if 3 months down the road that location is profitable or not or changes their mind. Many locating companies will take your money and run, but there are a few reputable services out there. If your going to hire a locator service then hire one that will offer guarantees.

Doing it Yourself

Locating vending machines yourself is not as hard as it seems. First, make you a list of friends and family that own businesses and start there. Second, think of the places your friends and family work and see if they can put a word in for you.

By doing these two things you should be able to get a good start of around 15 to 20 machines.

After you get on your feet with these machines then it is time to move on to 50 locations. To make money in the vending business, you need locations. The more the better. Concentrate on getting as many locations you can in the beginning then focus on the quality of that location second by moving your machines around.

How to get to 50 to 100 vending locations.

To take your vending machine business to the next level you need to stay dedicated and work smart. The techniques listed have helped me locate machine after machine.

  • - Find a vending charity program. Ex//Carolina Hair Foundation.

  • - Telemarketing to save time.

  • - Use a fax machine to fax local businesses a flyer offering your service.
  • - Get in your car and drive, simply put...

  • - Network, talk, talk, talk...

  • - Offer commissions

  • - Be creative

Locating vending machines doesn't have to be hard work, you just need to be creative and stick with it. Keep in mind that every time you locate a machine your putting an extra $200-1000 a year in your pocket.

Tuesday, January 9, 2007

Best Vending Machine - Profits Vs. Cost

The double headed machine is the best vending machine to quick profitability. You can buy them for around $50 dollars and you get two machines in the deal. So, take my advice buy the double headed in the beginning.

Many vendors like the triple headed machines but I dislike them because they don’t hold as much candy or gum as the double headed machines. Meaning you’ll have to make more trips to service the machine for the same profit. They are also more expensive than the double headed machine. They cost around $100 to $125.

The good thing about them is you can offer one extra product. So, if you have to have the triple headed machine then, go for it. But I don’t believe their worth the extra cost and hassle.

How Much to Start A Vending Machine Business?

So How Much?

Listen, Listen, Listen to what I ‘m about to tell you. The cost to start your own bulk vending business is $50.00. That’s right $50.00. That is what it is going to cost you to buy your first machines, stand, and the product to go in it.

If you want the fancy machines with all the lights and gadgets then $550 to start, but trust me you don’t need that in the beginning. Really you don’t need that kind of machine at all. The regular double headed machines are the best way to start in this business. The bottom line is they are cheap and profit just as good as the fancy machines.

Think about how many months it would take you to pay for the cost of one of those fancy machines compared to a simple double headed machine. All you need is $50 dollars and a location, simple as that.

If you want to start off fast then fork up $200 dollars and buy you four double headed machines (eight machines in all) and the product to go in them. Find four locations and you are on your way. But if you don’t have much money than just start off with one or two machines and go from there.

$50 dollars is all you need.

Sunday, January 7, 2007

Why Start a Vending Machine Business?

vending machineStarting a vending machine business is a great business to start and a great industry to be a part of. Listed below are just a few reasons and advantages of starting a vending machine business.

30 Billion Dollar Industry

Small Start up Cost

Great Home Business

Immediate Return on Investment

Machines Work for You

Cash Business

You can Work Part time or Full time

Good Business for Families

Because you can start a vending machine business with a small investment and grow it at your own pace, it is considered one of the best, if not the best small business. Whether you want to earn a little side money or want to build it into a fulltime business, thats up to you.

Candy Vending Machine Business

With little start up cost and quick profitability, a candy vending machine business is one of the easiest businesses you can start.

With as little as $50 you can get started by placing a vending machine in a local business. Once there, the machine does the work for you and in no time at all you have enough to buy other candy machines.

3 Keys to Success
Be disciplined with your earnings.

Maximize the locations you have.

Add other profitable locations.

Buying more vending machines with the profits and finding more locations is the cycle for success in the candy vending machine business.