Carlene Petersen Soda Machine September 19th, 2017 - 02:23:24
Product Selection - You need to get the right products in front of the right people. People are obsessed with getting great locations but thats not it. A great location will only bring you half of the way. You need to get the right products in front of the people at the business or they will never use your machines. I would go so far as to even say that product selection is more important than the location itself.
Soda bottling companies often provide the soda vending machines free of charge. However, you do have to sign a contract saying that you will only purchase the supplies for the beverage vending machine from this company, which can cut down on your profits. When you buy from the company, you will receive discounts, such as one free case of soda for every ten cases that you buy. The downside to buying all the sodas and other beverages from the company is that you will pay full price for the supplies.
If you decide that you want to go into Soda vending machines, you have to do some strategic planning on where you want to place your machines so that they are in high traffic areas. Keep your eye out for new businesses that are opening in the area, and try to get the contract to place your machines in those buildings. Check any place where people work and see if they have vending machines in their break room. Another option would be larger churches who have meetings in their building all week. They may be willing to place a machine in their fellowship area.
Many options are available to you to get the soda machine you select for your business. There are soda bottling companies that will provide the machine without charge. You will be obligated to sign a contract with the company and will also have to agree to buy supplies only from that company. This will not allow you to shop for competitive pricing for your supplies and will lessen your profit. The company will offer incentives when you purchase their product. This may come in the form of a free case of soda when you purchase 12 cases, as an example.