Monday, September 07, 2009

Common Mistakes While Choosing Products for Vending Machines

Choosing products for vending machines is one of the most important parts. Unlike location and vending machines selection, product choice is a regular concern. After you have found a location with high traffic, and you have chosen the most advanced vending machine, the only exercise that remains is selection of products for vending machines.

As an operator, we should try to give the best to our customers. While making selection for products, the most common mistakes made by vending operators are:-

• Choosing Inferior Quality Products: To make few bucks more, vending operators do tend to be lured to choose inferior quality products. For successful business, you should always stock your vending machines with quality products. Inferior quality products will not only make you lose customers, but also may land you in legal issues.

• Selecting Products That Are Not In Demand: You should not purchase products that are not in demand by customers. You should find out customer’s preferences and should plan your product selection accordingly.

• Buying Products in Small Quantity: When you buy products in small quantity, you are charged more. To stock your vending machines, you should purchase products from wholesalers/ distributors in bulk. This will increase your profits.

• Not Negotiating Return Policy for Perishable Products: For products that are perishable, you should try to negotiate a return policy with the supplier. After the shelf life of products get over, you should try to get a replacement for the unsold products.

• Not Choosing Variety of Products: You should always stock variety of products in your vending machine. Stocking similar products may not be a good idea as you may not be getting customers with same taste. Moreover customers look for variety while choosing products from a vending machine.

For complete guidance on products selection to choice of vending machines, contact support staff of Planet Antares. They not only provide remarkable vending machines, but also provide guidance to setup vending business from scratch.

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