Stephanie Rojas Soda Machine April 28th, 2017 - 18:39:09
Snack and soda machines are one of the best ways to earn an extra income or even completely replace your day job. They provide you with the opportunity to get a great return on your investment while still having enough time to enjoy your life. I have seen many snack and soda machine businesses fail and I have seen a few succeed beyond imagination. There are three things that really separate the winners from the losers. So lets get started.
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.
Purchasing the beverages in this way will give you a greater profit margin. In the past the schools were the best places to position the soda machine. Now that the machine is not allowed in schools, you will have to decide on different products to sell in them instead. There is a demand for beverages in the schools. Some are fruit juices, milk and bottled water.