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

Thursday, June 4, 2009

Dishonest Vending Machine Operators

When you become a part of the vending industry, there will be all kinds of entrepreneurs and their operations may or may not be legitimate. The key is to recognize dishonest vending operators and steer clear of any business relationships with them as partners, suppliers or customers.

A dishonest vending operator will usually report fictitious lower sales to the client. Alteration of the original, actual amount is done at some point during:
• Collection
• Counting
• Data entry
• Commission calculation

Unless all these are performed by a single person, all other members of the vending operator are unaware of the scam. It may be anyone, be it the manager or the route driver. As the owner of Planet Antares vending business, you will need to hire people who are trustworthy to run your vending business. If the personnel are dishonest, this will bring bad reputation to you.

Certain vending operators are comfortable running a dishonest vending business and their only concern is to prevent the customer from finding out. If he is recognized as a fraudster, he will loose the account and possibly face legal charges to recover lost commissions. In order to avoid all this, you must employ honest and experienced staff in your Planet Antares vending business.

The majority of the operator’s team handles cash or products that can be converted into cash. Make sure that you employ individuals with ethics, moral integrity and a conscience to prevent stealing incidents in your vending operations.

Apart from the risk of losing customers, a dishonest vendor even faces the real market risk. Occasionally, every vending operator may loose a client account. For example: if a location is lost due to under reporting of sales and is taken over by a reputable Planet Antares vending operator, it will show a sharp increase in sales and hence, greatly appreciated.

Moreover, there is a big chance that the reliable operator may drive the dishonest operator out of business. He may contact other locations and tell them about the wrongful activities of the fraudster vending operator. This means more business for the legitimate vending operators and higher profitability in the end.

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Tuesday, June 2, 2009

New Trends In Planet Antares Cold Drink Vending

In the past few years, there was a dip in the sales of vending machine cold drinks. Now, this scenario has changed. There has been a gain in the sales of cold drinks since then. Bottled beverages have made the biggest gain in recent years since bottled drinks appeared on the vending machine market in the late 1990s.

Even though vending machine cold drink cans remain profitable, customers still prefer to buy bottled drinks from vending machines like Planet Antares vending machines. They are considered more fashionable and hence, more preferred. One reason for this preference is that customers can sell the bottles again. The problem with bottled cold drinks is that they are more expensive for vending operators.

All in all, the percentage of can versus bottles sold is an indication of the vending machine company size with smaller vending operators selling fewer bottles than cans. In Planet Antares vending machines, you will find cold drinks in cans and juices in bottles. Cold cup beverage vending is still declining despite its potential to generate substantial profits. Increased placement of vending machines also helped in expansion of vending machine cold drink sales.

One feature that has really helped in boosting cold drink vending machine sales is the use of glass front cold drink vending machines. Planet Antares vending machines are glass front. In spite of this, the proportion of closed front vending machines remains higher than glass front vending machines.

For glass front vending machines, loading has to be done from the front and this leads to lesser capacity. However, a Planet Antares Refreshment Center has quite a large capacity even though it is a glass front vending machine. The advantage of glass front vending machines is that they increase cold drink vending machine sales by showcasing a larger selection of beverages than closed front vending machines.

Even though there have been gains in the cold drink vending machines, vending operators have always found it difficult to keep up with the retail carbonated drink sector. One of the reasons for this is that bottles have been more prevalent in retail outlets than in vending machines. Still, there is no doubt that cold drinks in vending machines have brought in incredible profits for Planet Antares vending operators as well as other operators.

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