Secrets To Coffee Vending Business Profitability

Honestly, coffee vending machine business is not easy to setup or run successfully. If someone tells you that it’s a cakewalk, they are probably just trying to get your money or sell their vending machines.

For every coffee sold, you will make only a few cents and moreover, the profits will have to be shared with the location owner, Utilities Company and machine repayment. In the end, you won’t be left with much income, at least no enough to fulfill your profitability goals.

A lot of folks talk about the merits of coffee vending machine business as the best business opportunity for vending operators. According to them, this model can prove to be a great source of passive income but you must not take any decision before evaluating its pros and cons yourself.

I don’t want to misguide you or discourage you about the lucrative nature of a coffee vending machine business. However, it is important for you to know that it is not easy to make money in this business. The machines will break down, the ingredients will run out, the money will have to be collected and you will have to clean the machine for pest prevention regularly, if not daily.

Difficult it is but not impossible to make money from coffee vending machines. In this article, I will share some secrets that will enable you to establish and run a successful coffee vending machine business.

1. Don’t locate it at malls
To run a profitable coffee vending machine business, you must remember that your inflow should be more than your outflow. Placing vending machines in shopping malls will not help you achieve this goal. The basic rental, utilities and commission will be high enough to wipe out whatever profits you earn. Shopping malls have good traffic but their sales are not very high. This is mainly because there’s too much choice for the customer and it is difficult to get him to buy from your vending machine only.

2. Less is better
Like any other vending business, coffee vending machine business also requires focus on the location of the equipment. You must have heard countless times about the importance of location but it is slightly different in case of coffee vending business. The key factor is to find a location where there is less competition and potential for larger volume of customer traffic. Good locations include neighbor hospitals, military compounds, police stations, fire stations, etc.

3. Think different
Don’t wait for the crowd to come to you, go to them! With all the attractive, easy to handle models of coffee vending machines coming out in the market, you have the opportunity to explore new locations, customer segments and business expansion.

All you need to do is invest in reliable vending machines such as Planet Antares vending machines and maintain them. This will truly make it easier for you to run a profitable coffee vending machine business.

Using American Money In Planet Antares Vending Machines

It is very easy to use the logically designed American money system. It is based on the dollar on which all cash and coins are dependent ($1.00). As part of one dollar, the coins are found in the form of dimes and quarters. The frequently used bill denominations in Planet Antares vending machines include twenty, ten, five and one.

There is a specific size and design for each type of coin. This is also applicable to paper bills. All vending machines accept coins and paper money. When the money is placed in the Planet Antares vending machine, it will read the money to analyze the amount inserted and then dispense the desired item accordingly. The vending machine will also return the change with the help of currency change detector installed in it.

These features have made vending machines very convenient and preferable to the convenience store for millions of people across the world. Americans find vending machines very easy to use as a quick solution to their hunger and thirst needs. Planet Antares vending machines are equipped with changer machines for changing the dollar bills for customers instead of working with ‘exact change’ only. The changer machine can be mounted next to the vending machine so that anyone in need for change can get it near the vending machine whenever necessary.

While using vending machines, people try different techniques to cheat the equipment. Many times, people try to insert dollar bills half way and then pull it out after the machine has read the dollar bill. A string may be used to do this. Another common trick is to get back the coins inserted for buying a vending machine product.

One of the most useful coins is the quarter. In schools and college campuses, a lot of vending machines accept coins, especially quarters. The coin operated Planet Antares vending machines take these coins to dispense products like snacks and beverages. Many vending machines accept small bills like ones, fives and tens but the change given out by the equipment will be in coins.
You must know that vending machines do not take in dollar coins, half dollars, pennies or Canadian coins. More and more people are using credit and debit cards for buying products from vending machines as the cashless vending payment technology gains popularity among Planet Antares vending operators. Easy and safe to use, these cards are the new form of American shopping currency.