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Tuesday, May 19, 2009

Technology and Planet Antares Vending

Most of the vending operators cannot make profits with accounts having less 50 employees. If you want to reap profits from your Planet Antares vending machines you should plan and develop a system for that. A careful review of sales per stop and service frequencies should be made to get the desired data for planning.

Not much gross profit is offered by smaller accounts in dollars to capitalize your investment as the larger accounts but the good thing is that you don’t have nearly as much sales volume concentrated with a single customer. Even with small accounts, you can exceed the NAM operating ratio average.

Through an effective route management a Planet Antares vending account can reap profits. Recently, many vending operators have either given up on the small account market or have shifted to smaller vending machines and servicing them in frequently. An accounting system can be very effective in scheduling up routes based on historical data for vending machines.

While servicing vending locations, labor cost is a critical factor to be considered. By leveraging labor productivity gains, you can capitalize equipment investments with smaller than “industry standard” account sales volume. The account servicing depends on the sales volume. To determine the service frequency, sales are monitored for a period of six months.

Closed front vending machines should be services at 60 percent sell-off. This means that only 40% of machine needs to be filled at the time of service. Glass front vending machines are allotted a different sell-off ratio due to the negative consumer perception caused by empty spirals in these machines.

Handheld computers are proven one of the best devices for tracking date. Databases can be developed to plan route scheduling and working around with the calculations to plan service schedules. This can be done by griding up the most effective schedule.

It is highly recommended to use category management and use computerized data collection and manipulation to make your vending business a success. Technology can also be used to have your smaller vending accounts turn into profit making ventures.

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Monday, May 18, 2009

Tips On Product Flexibility And Brand Image For Planet Antares Machines

As a business owner of Planet Antares vending machines, you can fill in products of any brand in your machines. This is because, it could be possible that a large chunk of people may prefer Coke while others may prefer Pepsi or other drinks, so you can fill in your vending machine with the brands you think are in demand in your area. Depending on number of people in a particular area the diversity of brands in demand will be more. Not everyone will like the same product.

According to a national survey, personal preferences for cold drinks are classified as follows:
• Coke – 38.6%
• Pepsi – 27.4%,
• Others – 34%.
This means if you have just Coke in your vending machines, you will loose out 61.4 % of your potential customers. Variety of soft drinks offered through a vending machine can satisfy the customers, which in terms means repeat business and higher profits.

Another thing to be sure of, is to maintain the quality of products being offered. You have to be very sure that the products you offer are of high quality and are fresh. Be sure to remove the products from your vending machine one day prior to date of expiry. A slight mistake would hamper your business’s image and can even result in complaints and loss of business.

Keeping branded products in your Planet Antares vending machine is always a good idea. Branded products are the ones that are more popular and are easily recognizable. Branded product companies have their own marketing campaigns which run nationwide, so you won’t be required to market them on your own. You just need to place them in your vending machine and people will buy it. On the other hand if you keep non-branded products, you may need to market them at your own cost. So it’s always advisable to have branded products in your vending machine.

Healthy products are also a new line that is in now days. If you keep your vending machine stuffed with healthy products like zero fat drinks, it is very much possible that you get customer who have liking for the same. This would not only make you stand out of crowd but also will let you test newer brands in your location. Moreover It is always good to do something different than your competitor.

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Wednesday, May 6, 2009

Why You Should Opt For Planet Antares Vending

Instant cash flow
When you install your Planet Antares vending machines in effective locations, you will start earning income almost instantly. Most of the new businesses fail due to lack of cash flow in the beginning. On the contrary, vending cash flow starts from the first day itself.

All cash business
There are very few other business opportunities that are all cash. Your Planet Antares vending business is all cash so you will not need to worry about any bad debts.

24X7 business operations
No matter what time of the day or week, your Planet Antares vending machine will work for you all day and night. This is what is called passive income. The machines work without taking any breaks of any kind. All that you need to do is collect cash at regular intervals.

High return on investment
The aim of making an investment is to earn money. The profit margins in snack and beverage vending machines are substantial and the returns found din the vending business cannot be seen in any other business.

Tax deductions
If you are still in a 20%-30% tax bracket, your chances of increasing your profits are incredible. When you start your Planet Antares vending business, you put money in equipment which is tax deductible. Other expenses can also be deducted and one should take advantage of all deductions in operating your own business.

Full fledged business
If you are tired of working in a regular job, start your own Planet Antares vending business. This can be done on a part-time basis initially and then taken to a full scale venture as it grows. When your income meets or exceeds what you are currently earning, you may consider being your own boss.

Wealth creation
Many people have found the path to financial freedom with the help of Planet Antares vending programs. This has allowed them to control their money and future.

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