Increase Your Bulk Vending Profits, Part 1

Many new bulk vending machine owners do not carefully consider how to increase their bulk vending machine profits.  The business is incredibly simply; yet there are very small actions a vending machine owner can do to increase profits which often are not considered.

In this series of articles, we will tackle ten of the best ways to increase bulk vending profits.   Here are the first three which are probably the most obvious:

  1. Carefully consider what products you are selling.  Many vendors get into trying to sell 10 or 12 different kinds of products.  Stick to the higher profit margin products and stay away from those products which have very low appeal to your customers.

  2. Consider the AMOUNT of product you are giving per quarter.  I call this your "cost per vend."  This is not really important when you're doing gumballs, but with candy vending it is critically important.  See the link below for more information.
  3. Keep your products fresh.  This is a no-brainer, but you would be surprise at how many bulk vendors have product that looks so bad you wouldn't feed it to the dogs.  If the candy is broken, smells bad, looks bad, or has been there a long time, toss it and put in fresh.
In the next article, I will explore some more subtle ways to increase profits.  These are probably the easiest to see and will provide the most "bang for your buck" as far as changes which produce the quickest profits for you.

See also the following articles:

http://www.vendingarticles.net/Quick_ways_to_increase_sales_vending_Part1.html
http://www.vendingarticles.net/Quick_ways_to_increase_sales_vending_Part2.html
Profitable Bulk Vending from the Start

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