Friday, November 2, 2007

How To Start A Gumball Vending Business

Starting a gumball vending business involves effective planning and implementation. The gumball vending business faces competition from two main categories- candy vending and soda vending. Gumball vending machines are cheaper and hence, more popular than candy vending machines. Even the sales from gumball vending machine are higher than that of candy vending machines.

Besides this, gumball vending machines have the advantage of being easily placed in different locations within a small space. It is much smaller and flexible as compared to a candy vending machine. This means that you can replace candy machines in local stores with your gumball vending machine. Your revenue can be maximized by placing a gumball vending machine in places that are visited frequently by children and their families.

When you start a gumball vending business, it is essential to buy good quality equipment from a reputable vending machine supplier like Planet Antares Inc. if you want to start a low budget vending business, this is the best way to go. Not only new, but even used or refurbished machines are available. Reliable vendors offer after sale services like servicing, locating and overall repair and maintenance of vending machines.

The price of your product, gumballs, cannot be fixed at a very high level. So, you should try to maximize the number of machines over a period of time to generate substantial returns. A strategically placed vending machine can sell millions of pieces per day and earn huge rewards. So, focus on the place where your gumball vending machine has to be kept to get best results.

Don’t make the mistake of placing your gumball vending machine in direct sunlight. This can lead to deterioration in the quality of your gumball and fading of its color. If these are not fresh and solid, the customers will not come back again to buy gumball from your vending machine. Ensure that your vending machines are installed in a shady, cool so that your gumball remains in good quality and durable.

While looking for locations for your vending machines, you will have to offer a commission to the premises owners in return for keeping your equipment. Unless the location owner waives off the commission for a charity, this cost will be incurred by you. Usually, the commission is based on a percentage of sales from your gumball vending machine.

Even though vending commissions may go upto 25% in some cases, gumball vending machines take very less space in a location and hence, located for a small amount of commission. More popular and high profile the location, higher will be the vending commission charged by them.

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