Steps For Deciding The Rate Of Planet Antares Vending Commissions

You will have to take many decisions when you plan to start a vending business. The primary decisions involve selection of the vending machine supplier, machine models, pricing, products and vending machine locations. As the owner of a new vending business, you may not be sure what rate of vending commission to offer to the location owners.

There’s nothing better that offering no commission at all. This is possible when you have associated with a charity and the location owner allows the amount paid as commission to go to the charity. If you are not linked with a charity, you must try to convince the business owners regarding the advantages of keeping the Planet Antares vending machines in their premises.

Still, these arrangements may be limited to the short term only. In the long run, you will have to pay commission to the location owners to keep your machines. This requires a strategy to determine the rate of commission. You can’t just start bidding or negotiating with a prospective location owner. So, it is essential to plan the vending machine commission beforehand only.

It is always better to disclose the computation of commission to the business owners. This will help them in understanding how you arrived at a certain rate of commission. You should also provide a comparative analysis of the rate offered by you and other operators.

Another way is to place your Planet Antares vending machines for free at the potential client’s location for the first month. Monitor the machine sales during this time period and then fix a monthly commission on the basis of your observations. This will establish two things clearly:

a) The location owner will know that the operator is genuine.

b) The vending operator will get a logical basis of computing the commission rather than depending on rough estimates and assumptions alone.

Initially, vending commissions may seem like a burden but when fixed properly, they can enhance your business sales and business growth. A reasonable rate will allow you to develop good relations with the location owners and go a long way in increasing future contracts and business image.