Soda Vending Machine
What I learned About Soda Vending Machines
Soda vending machines come in all shapes and sizes
but the most common style are the stand-alone full sized machines.
Soda vending machines have lots of capacity. Even
my old one that I paid too much for had a capacity of over 500 cans
with 7 total selections. That's a lot of soda which also means that it
could be possible that you don't have to visit a location too often if
you are looking to vending as a part-time business.
The large capacity of these machines coupled with
reasonable product costs and retail price can produce a decent business
with healthy margins. I was paying an average of $.40 for a can of soda
(tax and deposit included) and retailing that same can for $1.00. So
with a $.60 margin multiplied by 5 machines each selling 200 cans of
soda a month = a pretty nice little monthly return that doesn't require
a lot of work because the machines have lots of capacity!
In theory at least.
Here is what else I learned about soda vending
machines...
All soda machines plug into a wall because that's
how the compressor works to keep the soda cold.
Older machines may not be multi-price! They may
have a coin mechanism inside the machine but that doesn't mean that you
can change the price of your product easily. If you insist on starting
your vending business by dealing with Rip-off Bizop Vending Company
because they give you the location with your machine, ask the salesguy
to show you how to change the price of your soda machine.
Newer soda vending machines can sell bottled
product that is either glass bottles or plastic. The glass bottles
don't break.
Soda vending machines that allow you to change the
price of any selection is the way to go. A can of pop where I live
sells for $1.25 and bottle of juice will sell for $1.65 and up and both
can be sold side by side out of a vending machine.
Lots of capacity and lots of selection is the way
to go. If you are looking at a bubble front soda vending machine that
has 12 selections and 500 can capacity (not including bottles in this
example) you don't have to fill up the machine until it's totally full.
You might be able to get free soda vending
machines if you know where to look. This was too late to save my
business but I knew of a bottled water company that gave away free soda
vending machines (that were good ones too!) with very reasonable
restrictions on the operator.
You can get 27 cases of 24 cans of soda into a
1994 Pontiac sunbird. I don't recommend this at all. A car is not a
good vehicle to use for transporting soda and I would expect that a van
is likely the best vehicle to use even though I never used a van when I
had my business.
I needed better storage space. Apparently cans of
soda will "pop" the seal in warm conditions like a top floor storage
room that get really hot in the summer.
But the number one thing I learned about soda
vending machines was that having a relationship with a company that was
an authorized distributor for several machine manufacturers was a
reliable way to avoid vending scams. Although this lesson was to late
for me having a relationship with a local authorized distributor is the
best way to educate yourself about all types of vending machines.
About the author:
Mike Corbin's website http://www.no-vending-secrets.com
challenges
would be entrepreneur's to think differently about vending and avoid
the vending business opportunity scams entirely!
Recommended Reading
The
Vending Jackpot : How to Build and Manage Your Own Profitable Vending
Business [DOWNLOAD: PDF]
by Ronnie Talent
Price: $19.77 -
Click
here to buy
The Vending Jackpot is packed with the
insider strategies you need to succeed.
Here are just a few the things that
you’ll learn from this book:
- Exactly how to start
- How to buy great machines at a discount
- Which machines to buy for the fastest
returns
- The most profitable products to sell
- Surefire techniques for getting the
highest profit locations
- The myths about vending that you need to
know before you get started
- How to continually grow and expand
- Where to get financing to grow your
business
- Techniques for making extra money from
your existing vending route
[More
books...]
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