How to Start a Vending Machine Service

Vending machines

There is a very unique business opportunity that many people never consider, vending machine services. There are actually some very interesting facts surrounding vending machines.

In Japan, there is one vending machine for every 23 people, reflecting the popularity of these machines. The most popular items found in vending machines are sodas and snacks. Approximately 56 percent of vending machine service sales are from soda sales. However, there are vending machines that offer DVDs, CDs, and other novelty items. While snacks may be popular, several schools districts have policies that oversee the types of snacks that can be sold out of food vending machines. These policies attempt to keep healthy choices available to students in vending machines in schools.

It is interesting to note that new vending machines use coin fraud technology. This means that vending machine service owners can be confident that their machines are accepting only genuine money. Also, in recent years vending machines have started to accept debit and credit cards.

If you want to start your own vending machine service, have a look at some of these tips to get started.

First, decide what type of products you want to offer through your vending machine service. It may be the usual snacks and sodas, or even those DVDs for rent. You should look at the investment and profit potential for these.

You will need to investigate sites where you want to put your vending machines service. You may want to find about 20 different sites that are close to your office. You should also check to see if there are any competitors already at the sites.

Create a marketing package that will include contracts and informational brochures. You need to have this information available to hand out to the business where you want to put your vending machine service.

You should identify vending machine distributors that can provide supplies and equipment for your vending machine service. You may even want to check into buy vending machines that are used so your initial investment will be lower. If you are going to have a vending machine service that will offer snacks, you can often purchase these at warehouse clubs and stores to reduce expenses.

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