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How to increase your Vending Revenue

Whether your vending machine business is a success so far or otherwise, there’s always room for improvement. In this article, we offer some pointers in increasing the revenue generated by your vending machines.

Monitor market trends

Part of being successful in this business involves regularly monitoring what’s going on in the general marketplace. Go around town and take a look at some of your competitors. What type of items have they focused on? Are they drawing in customers? One recent trend to watch is the growth in popularity of “healthy” foods being sold in vending machines. If your candy sales are falling you might want to consider selling healthy snacks instead!

Review your locations

The vending machine business has the reputation of being “hands-off” – meaning that revenue is generated like clockwork after you’ve set up your machines. While this is partly true, you do need to keep an eye on how each machine is doing. Which area, if more than one, is progressing and which are not? If a particular machine is consistently faring badly then it is very important to find the cause of the problem and resolve it as soon as possible. You may find that moving locations will considerably raise product sales.

Replenish product stocks in your machines

Good stock management is vital for both maintaining and increasing revenues. If your machines are constantly out of stock you are leaving money on the table. Customers will tire of using your machines and may end up going elsewhere.

Keep your machines in good condition

For a customer, there is little more annoying than having money disappear inside a vending machine. Complaints can be a major headache for you and your employees. Instead, keep ahead of potential problems by servicing your vending machines on a regular basis. Your reputation depends upon it.

New USDA School Regulations

And How It Affects Your Vending Machine…

In an effort to reduce the percentage of childhood obesity in the United States, the federal government has elected to alter the rules and regulations put forth by the US Department of Agriculture for snack and drink vending machines. These guidelines are being put into place in order to safeguard the health and well-being of future generations. For most people, this revolution won’t change anything. However, aside from nutrition coordinators and schoolchildren, there is a small minority who will certainly feel the impact of new procedures.

Vending machines are in the halls of schools all over the country. Behind those machines are vending machine proprietors and business owners whose livelihood depends on what products are in their machines, and the demand from consumers to purchase those products. Knowing the latest nutritional information and restrictions is essential for these entrepreneurs to succeed in their business and, with that in mind, here is a list of the newest facts and regulations issued by the USDA:

All Foods

Must be “whole grain-rich” products; or have a fruit, vegetable, dairy, or protein as their first ingredient; be a combination food that contains at least 1/4 cup of fruit and/or vegetable; or contain 10 percent of the daily value of one of the nutrients of public health concern in the 2010 Dietary Guidelines for Americans (calcium, potassium, vitamin D, or dietary fiber.)

Limits Per Serving

Calories: Snack: 200; Entrée: 350
Sodium: Snack: Less than 230 mg.; Entrée: 480 mg.
Fat: Snack: 35% of calories; Entrée: Less than 10% of calories; Trans fat: zero grams
Sugar: 35% of weight from total sugars in foods

NOTE: Beginning July 1, 2016, foods may not qualify using the 10% daily-value criteria, and snack items must contain no more than 200 mg. sodium per item.

Beverages

Juice: 100% fruit juice or vegetable juice with no added sweeteners
Milk: Unflavored, low-fat, or flavored low-fat milk; milk alternatives are allowed.
Water: No restrictions on plain water (with or without carbonation)

So What’s In and What’s Out?
Here are a few examples…

What’s In	What’s Out
Light Popcorn	Chocolate Sandwich Cookie
Granola Bar	Chocolate Bar
Flavored Water	Soda Pop
Baked Potato Chips	Candy
Trail Mix	Snack Cakes
Dried Fruits	Cookies
Fruit Cups	Pretzels
Yogurt	Ice Cream
Diet Sodas	High Calorie Sodas
Diet Sports Drinks	High Calorie Sports Drinks

When determining what merchandise to stock in a machine, keep a few key things in mind; under the new rules, most food sold in school will now be subject to fat, calorie, sugar and sodium limits. Snack foods will have to be less than 200 calories and have some nutritional value instead of being mostly empty calories. By respecting these new directives, a vendor is choosing to be a part of the cause and is helping reduce the consequences of childhood obesity, along with ensuring a secure, long-standing enterprise for future years to come.

To learn more about healthy vending options, visit Piranhavending.com we are always striving to offer the best service and satisfaction to our customers.

Link Between Soft Drinks and Depression

There has been plenty of studies being done that suggests that sugary soft drinks are not good for our bodies. Now, there’s a study that may suggest now that it is also not good for our mental health. A new study of more than 260,000 participants has found a link between sweetened soft drinks and depression. This is just another warning for consumers to really start thinking about what types of drinks to ingest. Look for bottled waters when going to a vending machine as the most healthful beverage. Skip the soft drink during your lunch or dinner and go for water with lemon or unsweetened iced tea. The best is to drink a Karma Wellness Waters which will also give you the daily recommended 7 vitamins. Help spread good health by becoming a distributor for a healthful beverage. Knowledge and health promotion is all it takes!

http://shine.yahoo.com/healthy-living/sweet-sodas-soft-drinks-may-raise-risk-depression-183000091.html

How To Get Financing For Vending Machines

Financing programs commonly used for people who are interested in purchasing multiple vending machines. Some of those folks are vendors who are already in the business looking to expand; or they are individuals looking to run a small route in their area to supplement existing income. Vending is such a easy business to get into that many people look for this opportunity.

First, you will need some funds for down payment. Whether you are financing 5 or 50 vending machines, you will need to allocate some funds for down payment. Most financing companies will require a down payment for your loan. It is very standard practice and the amount depends on the number of machines you are financing and also your personal credit score. Most financing companies will not finance a loan of less than 5 vending machines.

Second, you will need to figure out how much capital is necessary. You will have to calculate the type of machines you are looking to purchase. Don’t forget to calculate costs for sales tax, shipping and freight charges, and product supply purchase. Take a look at some of the varieties here and decide what types will work best for you. You can finance both new and used vending machines.

Last, take a look at your credit score. Order your credit reports and make sure you do not have active delinquencies on there. No finance company will approve someone with open delinquencies! Take care of your credit!

You can contact Piranha Vending and we will help you go through the entire process! You can also go here and apply for financing online. We will contact you and discuss your individual needs and help you get the funding that you need!

Vending Machine Used Solely To Gain Fans

Pepsi recently decided to use a vending machine solely to gain fans on Facebook social media. Once you clicked “like” on the Pepsi fan page, you will be able to get a free beverage out of the vending machine! Check out this unique way to gain more recognition!

How to increase your Vending Revenue

Monitor market trends

Review your locations

Replenish product stocks in your machines

Keep your machines in good condition