Locating vending machines does require you to complete some research and to investigate your options. If you think a particular location is a great place for a vending machine to be, find out why there isn’t one there already. It could be that no one has thought of it before and you will be able to try it out. This often is the case if you have gotten creative about locating vending machines.
It could also be that someone else had their vending machines there but they weren’t profitable. A third possibility is that the owner of the location won’t allow any vending machines to be placed there for one reason or another. It may be that they didn’t like the amount of money they were being offered or they offer similar products in their store. Finding out this information is very important because successfully locating vending machines is going to help you have a very profitable business.
Pay close attention to the traffic that a particular location gets to determine if it will be a success for your vending machines. You will want to closely monitor the area for several days. Try to cover times in the morning, afternoon, and evening so you can get a realistic average of the number of people that walk by the location on a typical day.
You will often find locating vending machines is a matter of trial and error. You may have to try out a particular location for a while and see if it is going to make you money or not. If you do find it to be quite profitable leave the vending machine in place. You should then start looking for another location to secure and invest in another vending machine. Continue this process as long as you are making money from your different vending machine locations.
If you discover a particular location isn’t going to do well you will need to continue locating vending machines in other areas. Sometimes you will find an area is good for a while and then it falters. This can be due to many factors you need to be aware of. Some of them you can’t anticipate in advance but others you can.
For example you can anticipate that the vending machines in front of the high school won’t get as much activity during the summer and Christmas break as they do while school is in session. You may have profitable vending machines at the local shopping center but if a couple of the stores go out of business there will be fewer people walking by so your profits will drop.
Take the time to do your homework so you can be confident in your decisions pertaining to locating vending machines. Don’t place this important issue into the hands of vending machine locator companies though. You will more than likely end up getting burned. This can cost you money as well as time because this is often nothing more than a scam designed to take money from those trying so hard to have a successful vending machine business.
Unfortunately, there are any post secondary courses teaching "How To Locate Vending Machines And Deal With Locators".
We looked, but we couldn't find any really good resources to teach new owners how to deal with locating companies, and how to locate machines themselves. We read a LOT of books and programs and were shocked at the ONE thing ALL these programs didn't mention. To learn what they ALL conviently ommitted click here
It is our hope that this inside inforamtion might stop the growing statistics of new vending business owners who are losing their dreams. Too many new vendors are being blind sided by unethical vending locating companies.
There are one or two pieces of information that could safeguard a new operator from some of the vending horror stories we've seen. If you would like to read the events that caused us to sit down and write out this information, click here to read that story.
Rob and Patti
What you share in this ebook are tried and true techniques to locate vending machines, punctuated by the good and bad experience you (and others) have had. I've had vending machines
sitting around in my garage for over a year and finally I have the
motivation AND KNOW_HOW to get them placed.
Thank you Rob and Patti!
Andy S.