Nola Osborne Soda Machine November 23rd, 2017 - 15:22:35
Vending Management - You need a way to manage your entire vending route. You need to use an online vending management solution to track your business. This is the one point that I see more operators fail on than any other. Good vending management software will let you keep track of which products are selling the best and keep track of your inventory for you. This way you know you need to bring, where you need to bring them and when the machines need serviced.
When you purchase all your beverages from that one supplier you will be paying full price. Another way to go would be to purchase a second hand soda machine, so as to see higher profits. Buying used allows you to get a discount off the machine; it could be 50% off the cost. It is sometimes possible to purchase a refurbished soda machine from the distributors at a much lower price that the new machines. Once you own the machine outright, you are not restricted as to where you can purchase your supplies. In this way you will be able to buy from any supplier and even take advantage of sales offered by wholesalers. Another possibility is buying your supplies from a supermarket where you may get the beverages at less than the wholesale price.
Make sure you are well versed in the soda vending machines that you will be using. Are you able to do the basic maintenance that it will need? Anything can break down once in a while. When people do not have their soda machines they are used to, than can get upset quickly. Keeping the customer happy is essential. Make sure you know your machines. Do not purchase old, out dated machines that frequently jam coins, do not make change for dollar bills, etc. Get a machine that will keep you as headache free as possible, and enjoy your job.
Business Plan - You need to have a business plan for you snack and soda business or you are destined to fail. You need to know if you are buying used or new machines, combo or individual, etc. You need to know if youre going to vend cans or bottles. There are so many different variables and you need to figure them out before you go into business. Make a plan that makes sense for you and go with it.