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A blog for people to know about how to manage and find information on vending business.

Friday, December 4, 2009

Planet Antares - Tips on product selection for successful vending.

When we think of vending, we think of quick access to quality refreshment products. Vending machines have mushroomed up at almost every prominent place. Even offices have opted for vending machines for providing refreshments to their employees. Areas like malls, shopping centers, parks, bus stops, train stations; sub ways etc have vending machines to provide refreshment products to people visiting these places.

For vending operators it is important to stock their machines with quality products. Along with uninterrupted working by machine, products stocked by machine operators will judge the success of a particular vending machine. Stocking inferior quality products or products that are not in demand is a sure shot failure of business. To educate vending operators about product selection, below are few tips that will help them to choose the right products.

1. Find out what your customers want. If your machine is located at office location, then you can conduct a quick survey about the product quality and preference of refreshment products by employees. Also you can place a suggestion box to know from your consumers what products they would want to see in the vending machine. You can base your selection of products on the customer’s feedback. Just remember, a happy customer will come back again and again which means profits for you every time.

2. Make sure you stock products of utmost quality. Locally made inferior quality products should never be stocked. You can stock nationally or locally recognized brands which are readily liked by consumers.

3. You should buy products in bulk as you can negotiate better deal with the supplier.

4. Also make sure you calculate the profits you think you can generate while buying the products. You have to be very sure that the selling prices of products don’t exceed expectations and paying capacity of customers in the area.

These few tips on product selection will make sure you stock the right kind of products. Stocking right products means happy customers which mean high profits.

Planet Antares Inc manufactures state-of-the-art vending machines for customers across US and Canada. They have amazing vending machine programs ideally designed for generating profits.

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