Are you starting a vending machine business? Do you need to buy some machines? You need to know how to choose a snack vending machine and what type is best for you and your business?
When deciding to run a vending machine business, one of your most important decisions is going to be what type of machines to get and what to put in them. There are many different options out there such as snack machines, gumball machines, soda machines and more. The decision of what type to use will also partly depend on where your vending machines are going to be located and your target customer market for them.
Where are your machines going to be located? What is your target market? Who are your customers? These are important questions to ask if you want to be successful in your vending machine business.
Let’s say you decide you want to use gumball machines. Children are the biggest market for these machines so you want to have them in locations where there will be frequent visits by children. You might put a soda vending machine or one with water, PowerAde, juice, etc. near a park, gym, or facility where people will frequently be thirsty.
Think outside the box
When it comes to snack machines, you have many different options. Snack foods aren’t the only things that can be sold in snack vending machines. We have seen items such as cigarettes, toiletries and even tennis balls. Vending machines located in or around hotels often have small shaving kits with a straight razor, toothbrushes and toothpaste and similar items. It’s all about thinking about what the person could want or need and making it conveniently available to them.
You will also want to consider your payment options. The more payment options your vending machines have, the more consumers you will appeal to. For example, if you only accept coins, you may lose the customer that has only bills in their pocket so accepting both bills and coins is a great sales booster. There are also facilities now that let you accept credit and debit cards at the machine which brings in even more sales.