Tips on starting a vending machine business - Planet Antares

Are you looking for a business that gives you complete flexibility in every decision you make? If your answer is affirmative, vending machine business is ideal for you. However, just like any other business model, profits generated by this business are also influenced by the kind of decisions you take and strategies you design. Success of vending machine business is dependent on several factors that are taken at the time of starting this business.

A perfect combination of products, machine and location along with prompt and timely servicing and maintenance can help you reap huge profits with minimal efforts. Besides these, there are several aspects which you need to take into consideration for making your business highly profitable.

Location of your vending machine is most crucial and greatly influences the success levels of your business. Visibility and accessibility are the two most important aspects which operators need to bear in mind while locating their vending machines. Some of the most commonly used vending locations are shopping malls, street corners, coffee shops, movie theatres, pubs, schools, offices, restaurants, banks and recreation and health clubs. However, choice of location is determined by the products you dispense and your target audience.

The success of your Planet Antares vending machine business also depends on the kind of machine you use. Operators need to carry out an initial survey in order to find out the various kinds of machines available in the market, their reputation and benefits of using them. The kind of vending machine you purchase is also influenced by your financial limitations. However, it is always advisable to start this business by purchasing a new vending machine. New machines are highly efficient and hence chances for break down are very low.

Vending business is undoubtedly profitable and potential opportunities available for operators. But this business can meet your expectation if and only if operators pay close attention to minute details.

Reasons for Taking up Planet Antares Vending Machine Business

The success of vending industry can be attributed to technological advancements made. Latest technology and software has helped vendors in managing large routes with ease and excellence. Maintenance of vending machines is another important aspect that impacts the success of vending business.

Besides all these the benefits it offers to operators is making them highly popular among operators. Some of these benefits are:


• Profit margins: This business gives high profit margins. You can purchase a product at low price and sell it with huge margin.

• Complete cash business: Most business has chances of running into bad debts. While vending is a complete cash business. So there is no scope for bad debts and other related collection issues.

• Extra money: In these times of recessions, most of us are looking at other sources of income that can support are regular earnings. Vending is a perfect choice. This business allows you to proceed with your regular job and take up vending on a part time basis. If you feel that it is a success, you can either take it up on a full time basis on continue as a part time option.

• Flexibility: No other business gives you this kind of flexibility. There are no fixed working hours. All you need is to spare few hours a day for restocking the machine and servicing it.

• Salesmen: You need not hire any sales staff. Sales are completely done by your vending machine. Hence you are free from labour issues.

• Additional costs: In case you are vending branded items, you need not incur huge advertising costs as the company would take care of all that. Even otherwise, most of the advertising is done by customers through their word of mouth.

• Revenue: Planet Antares business starts generating revenue from the very moment you set up your machine and fill it with sufficient quality of stock.

• Similar to other business, vending also gives you tax exemptions and benefits.