A blog on vending solutions by Planet Antares.

Thursday, December 10, 2009

About Vending Products

Choosing products for your vending machine is quite a tough decision to make for the vendor as there is wide variety of products available in the market. However, this search can be simplified if operator considers certain facts while choosing products.

Some of these factors are mentioned below:

• Taste and preferences: The tastes and preferences of customers are not standard. They keep changing with changing times. An operator need to regularly update himself with the changing market trends. This helps him in offering latest products and thus boosts his sales.

• Price: The price of the product offered also influences its sales. This does not mean that an operator has to forgo his profit margin in order to increase his sales. An operator should ideally look at trying out various new products in well controlled and positioned segments.

• Merchandising: Besides selection of product, it is also important that you know how to promote your product. This could augment your sales. Offering new products is important and is it also necessary for route driver to be well acquaintance with new items. Planograms help can be taken while introducing new products into your machine. If you are using a glass front vending machine while offering new products, make sure the name of the product is displayed properly. For more information on vending machines contact Planet Antares.

• Discounts: Coupons and discounts are best marketing tools. These tools have been highly successful in drawing the attention and creating instinct to purchase the product.

• Quality over quantity: Modern day customers are quality conscious. They are prepared to spare additional money in order to get the best. If you would like to become a successful vending operator, make sure you do not compromise on the quality of products.

• Out dated stock: Ensure you maintain fresh stock in your machine. Check for the expiry date on the products regularly and replace out dated products on a timely basis. This will not only create good will among customers but also increase sales by increasing the number of repeat customers.

These factors if implemented would ensure your good returns.

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