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News, views and ideas on managing your Planet Antares vending business.

Friday, January 23, 2009

Interchangeable Canisters In Vending Machines

In recent years, there have been some revolutionary changes in the vending industry. These can be attributed to the various innovations in the vending machine manufacturing process.

One such innovation consist of interchangeable canisters made of thick, high-impact, shatter-proof polycarbonate to protect the vending machine products while simplifying the vending machine’s upkeep for the owner.

The worst possible scenario faced by a vending operator is having candy, nuts or toys spill out across the floor while trying to refill their vending machine. This can be prevented by using interchangeable canisters in your Planet Antares vending machines. Moreover, you can cut down on the time it takes to refill a vending machine as well as make owners look more professional in front of customers and location employees while they service their vending machines.

The owners of traditional Planet Antares vending machines have to guess at which two or three products will sell the best for each location. As a result, it becomes difficult to know what will sell best in any particular location without trying different products. Having unsold candies sitting in a vending machine month after month is lost revenue as the candy gets expired and stale and has to be ultimately thrown away.

As a proficient Planet Antares vending business owner, you need to keep track of and deliver the best-selling products for each location with the help of interchangeable canisters in three easy steps, including:

1) Selection of popular products and filling the canisters with them. After two or three weeks, empty and track the money collected from each canister of the vending machine.

2) Removing the three canisters and stock three new products in the interchangeable canisters. Collect the money again after two or three more weeks and record how much each of the new products made.

3) Using interchangeable canisters to exchange products again. Follow the sales trend of those products for two or three weeks and collect the money again, writing down how much each product made.

All this information makes for better decisions while enabling the owner to pick the most profitable combination of candy for their vending machine.

No doubt, this system has proven to be a revolutionary change in the vending industry and has several benefits for the vending machine operators as well as manufacturers.

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Tuesday, January 6, 2009

Planet Antares Vending Involves Cashless Transactions

Currently, the ‘in’ thing in the vending industry is cashless payment solutions. Most vending operators agree that the next level of convenience has come in the form of contactless cashless payment technology.

In such a scenario, purchase transactions involve the wave or tap of a plastic card, flexible tag, mini card or key chain fob, but not the swipe of a magnetic stripe. In Planet Antares vending machines, this process involves exchange of transactional data through contactless linkage with a specially designed radio frequency equipped device.

Actually, the transmission and receipt of radio signals that occur between a contactless credit card and radio frequency identification (RFID) enabled vending machine reader can enhance sales by boosting transaction speed as well as customer satisfaction.

Generally, such mode of payment is targeted at traditional cash only merchant locations where fast customers become essential. These are places like quick service restaurants, vending machines and gas stations.

Several industry reports and surveys, along with Planet Antares vendors have noticed that consumer habits are changing in of favor cashless payments. Buyers can wave more and swipe less. As an account holder, all you have to do is simply wave or tap payment media near or on the reader mounted on the vending machine and the transaction will be automatically initiated and accomplished.

Planet Antares Inc is always ready to adapt to new customer demands by looking for ways to improve your machine services so that your revenues can increase. Contactless technology is one way to achieve this since it can contribute to enhancing consumers’ perception of vending.

Using a cashless transaction, the vending consumer will enjoy faster transaction speeds. In contrast, the vending operator will have the luxury of better cash management and increased average purchases, which is usually reported at 15 to 20 percent.

All in all, cashless transactions have positively influenced speed and convenience in vending machines. With the introduction of contactless technology in Planet Antares vending machines, business profits can reach the next level.

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