Generating a Second Income with a Vending Business

The vending business can be a solid and reliable second income if you already have a regular job or are running another business. With a Planet Antares vending business, you can choose your own working hours, so that means that if you have a regular job you can comfortable fill in the hours when you will take care of your vending machines. Servicing of the Planet Antares vending machines can be conducted in the evenings and during weekends.

If you want to start a vending business while still working at your regular job, you would only be able to start with a few vending machines. Since it is only a part time business, you should not take on more than you can handle. A Planet Antares vending business can supplement your regular salary by allowing you to earn a handsome second income.

To generate a second income, you should pick locations that will be profitable for your vending business. Locations with a high traffic are ideal for a snack and beverage vending business. These can be locations such as shopping malls, subways, motels etc. Picking locations that already have vending machines can prove to be profitable. These locations are considered profitable because vending machines have already been placed there. If the location was not profitable, there would have been no vending machines in it. There are also locations that have no vending machines in them that have the potential to be profitable. Such locations are ideal because you would have no stiff competition to face. With the right location, making a second income will come easy.

Having the best kind of vending machine is also very important for the success of your vending business. Vending machines can be bought new or used or they can be rented. Either way, for a vending business to be successful, the vending machines have to be of the best quality so that there is hardly ever and downtime. Downtime results in loss of sales, thus potential revenue. A customer should never find a vending machine out of their favorite beverage or snack. Since your Planet Antares vending business will only be a part time business, it means that you will not have as many vending machines as someone who is running a full time vending business. Those few vending machines have to be serviced on time and they have to be kept in good working order. The vending machines being few, they are easier to maintain.

Generating a second income would mean that you will now be able to afford the kind of luxuries that you probably never enjoyed before. With a regular job, there might have been a number of luxuries that were out of your budget, but are now affordable because of the second income. With this income you can even choose to expand your vending business by buying more vending machines. As your business grows, you can easily decide to make your vending business full time because of the higher revenues that you will earn.

Vending Industry’s Innovations

The vending industry has gone through significant changes over the decades. Vending machines are still evolving and today we even have vending machines that can accept credit cards and there is also a technology that allows you to monitor vending machines from afar. These innovations can be placed in Planet Antares vending machines, so as to make your vending business more profitable.

Recent innovations also include improved coin and bill validation and the rapid adoption of sense-and-feedback systems that verify the fact that a vend sale took place. This kind of innovation has improved the state of the vending business.

When we talk about innovations, one very significant innovation that we must mention is telemetry. Reliable, affordable wireless technology has made telemetry practical and provided the means through which cashless payments can be authenticated. Research has shown that 50% of consumers will not make a purchase from a vending machine if there is a “use exact change only” light on. If you have a Planet Antares vending machine that is equipped with telemetry, it can transmit sales and inventory data to a route truck in the parking lot. This will help the driver know exactly which products to bring in for restocking. The data can also be transmitted to remote headquarters for use in scheduling a route stop, detecting component failure or verifying collection information. Telemetry is considered to be one of the most significant developments in vending technology since the invention of the bill changer.

Consumers today want quick and convenient access to competitively priced products. This is why technology has played a very significant role in providing consumers with the kind of service that they would expect. Vending is a multi-billion dollar industry that is growing everyday. Planet Antares offers entrepreneurs a way to start businesses which can grow quickly. Snack, beverage, candy and food items continue to be the most lucrative and stable business in the market. Technology has allowed customers convenient access to vending machines.

Modern vending machines like those that are provided by Planet Antares are equipped with spirals to hold products near the access door at the bottom. When an item has been purchased, it has to pass through a laser beam, if it fails to do so the spirals will turn three times to ensure that the product drops. If it still doesn’t drop, the customer will be asked to make another selection or the money will be refunded back.

A Few Things You Need To Know About the Vending Business

The vending business can be a repetitive lull of day to day operations. Nevertheless, in the constantly changing vending machine industry, you cannot allow your vending business to remain stagnant. The vending business is very competitive, so you need to find ways that can keep you ahead of your competition. Here are some five tips that you can use to help you avoid falling into a vending machine business rut.

1) Having a secured vending machine location does not mean that you have a safety net. If you have a Planet Antares vending business, you will need to give your locations the attention and service that they deserve. Good customer service is key to the vending machine industry. This is because it is based on reputation and word of mouth advertising. The reputation of your Planet Antares vending business must be excellent so that the word of your vending services can spread. If the clients of your vending location are not satisfied, a vending business competitor will take over the vending machine location. This will mean a loss of a location for you.

2) As a Planet Antares business owner, you must extent your oversight beyond your company office. The first thing that you can do is to get into the field and get to know individual customers at the locations. This is something that you can do by carrying out periodic location visits. Talking to vending machine users and keeping an eye on vending machine purchasing trends will help you in the tailoring of menus and services to specific vending machine locations.

3) Sharing information and vending machine business tips with other vending machine business owners can help the vending machine industry to move forward as a whole. This does not mean that all secrets have to be divulged. Sharing of information will benefit everyone because new vending machine trends or changing consumer demands are responsible for steering the vending industry.

4) Openly slandering your vending machine competitors is not encouraged in any way. Fair play and mutual respect is important to the vending machine industry. Healthy competition will only foster growth in the vending industry. Undermining the competition will only give the vending industry a bad rap.

5) Keep your mind open to new vending technologies like cashless payment options. This technology has proved to be quite popular and financially beneficial to vending businesses. Times have changed, so having this technology in your Planet Antares vending business would greatly change the face of your vending business.

With a vending business it is crucial that you keep the goal of progress in mind. A static vending machine business will not survive in this competitive industry.

Health Oriented Vending

Traditional snack foods are being shoved from vending machines to foster more healthful eating habits. This is mainly with schools and employee-dining operations. These are places where soft drinks, candy and fried snacks are giving way to bottled water and juices and lower-fat baked snacks and crackers.

Obesity is a huge issue right now and vending operators have also began to notice that they need to make changes in the products that they vend in certain locations in order to cater to the needs of the health conscious.

Schools are undergoing healthy-vending changes which have been brought about by the prodding of nutritionists, parents as well as state legislatures. Snack and beverage manufacturers are also on board by offering more healthy versions of traditional snacks, such as crème filled sandwich cookies and fried cheese flavored snacks. These are all products that can be vended in Planet Antares vending machines. Vending operators have also taken note of the attitude changes towards healthier foods, so you can engage a Planet Antares vending operator to provide healthy vending services to your school or business.

The only problem with healthy vending options is cost and availability of appropriate food items. Organic and lower-fat choices can cost twice as much as regular items. This is why you need to get a Planet Antares vending operator that can provide you with all the best health products at reasonable rates. This factor is what has stopped vending operators from vending healthy products. They fear losing their base business. This is not always the case. When it comes to vending healthy products, the location that you pick would be of utmost importance.

Locations such as schools and hospitals would make a good location for healthy vending. These are the kind of locations that people would want to buy only healthy products. A Planet Antares vending operator that places vending machines with healthy products in such locations stands to make a good profit.

Business executives also view the healthy vending program as one part of an overall health and awareness education program for employees. They have also recognized the need to have healthy vending machines in their offices. They can also eliminate the commission on healthier snacks and beverages in order to make them available to employees. This of course all depends on the agreement that you have with the vendor or if you own the vending machines. For businesses and schools to succeed with healthy vending programs in the future, vending operators and packaged goods companies will need to work together more closely.

A Complete Vending Service

Having a vending service in your business is a great way of catering to your employee’s needs as well as your own. At the same time, you also stand to make some profit from the sales that will be made from the vending machine. This of course all depends on the understanding that you work out with ending operator. Satisfaction with your vending services is of primal importance. The vending services that you engage should not lack in any way. It should be a complete vending service.
When looking for a vending service provider, look up the information on the Internet. This is where you will find companies such as Planet Antares listed. They offer a complete vending service that will not leave any room for dissatisfaction. Planet Antares Inc. provides facilities with state-of-the-art vending machines, as well as servicing of the vending machines on a regular basis.

When vending machines are placed in your location, you don’t really have to service the vending machines on your own. The service provider is the one that will take care of that part of services. With Planet Antares, all that you have to do is provide the location for the vending machine. Once the vending machines have been placed, the service provider will provide the products for the vending machines. Most of the vending service providers usually allow location owners to pick their own menu, so that the machines can carry only the products that are needed by the people in the location. This is a great way of ensuring that the vending machines carry desired items. It will increase the sales of the products, which will be beneficial to both the vending operator and the location owner.

Providing the vending machines and products is not a complete vending service. Planet Antares for example, will make sure that the vending machines are serviced on a regular basis. In other words, the vending machines will never run empty. Snack and beverage vending machines will probably need to be services once or twice a week. Some even require daily servicing. It all just depends on the location and how well it works with the vending machines in terms of sales. The vending service provider should make sure that there is never one product missing in the vending machine. This will keep you and your employees happy.

The vending service provider should also clean the vending machines whenever they are attending to the machine. On top of this, they should also carry out preventative maintenance on the vending machines, so as to avoid future malfunctions. Incase of any malfunctions, the vending service provider should have a technician on call. Any repairs or replacement of parts should be carried out within 24 hours.

Having a complete vending service in your business would mean that your employees don’t have to go out for snacks, beverages or food items. This will make them more productive. An excellent vending service is something that every business needs.