Tuesday, April 27, 2010

Factors To Be Considered While Starting Planet Antares Vending Business

Proper planning, thorough market research and analysis of available opportunities are imperative for business success in any business venture you take up. With increase in demand for vending machines and number of vending users, competition in this industry is on the rise. In this situation, every operator has to remember few things to become successful.
  • Competition and strategy: Tough competition exists in vending business. Hence choosing the right product can be quite challenging. Try to purchase machines that are cheap and at the same time very popular among customers. Planet Antares machines are specially designed to cater to specific segment of customers. Besides selection, positioning of vending machines is equally important. For instance if you are targeting children, you need to place your machine in locations that has maximum children footfall.
  • Nature of vending machine: There are various kinds of vending machines available in the market. Some of them run on electricity while others use mechanical power. Each of these machines has its own set of merits and demerits. The choice of them would however depend on the kind and number of products you would like to dispense.
  • Product: Make sure you take enough time before finalising on the product you would like to dispense. There are several products available in the market targeting various set of customers. You can choose a product depending on your target customers, financial limitations and competition in your location.
  • Location: Location influences the success or failure of your business to a great extent. Choosing the right location is vital for the success of your business. Make sure you place your machine in a place that has maximum customer traffic. However, the people who visit this place should include your target audience.
All these are the nothing but the factors that need to be considered by an operator before starting a vending business

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Thursday, April 15, 2010

Tips That Help In Choice of Planet Antares Vending Location

We all know that location of vending machines greatly influences the success or failure of this business. Operator’s choice of location is influenced by several factors like his financial limitations, the kind of products he would be dispensing and off course target audience. However, there are two aspects which operator needs to bear in mind before finalising on a particular location. These aspects are visibility and accessibility. Both these determine the success of your business.

Operators are always in a dilemma when it comes to finalizing of a vending location. Few tips that can help you in identification of perfect location are mentioned below:

• Target audience and manpower are the two factors that need to be kept in mind while choosing a vending location. The kind of location you choose should not only be accessible to your customers but also to your employees.

• The number of customers or in other words customer foot traffic and its quality also needs to be borne in mind while finalising vending location.

• Security should also be considered. Security here is not just limited to the security of vending machines but also that of your customers and employees. Is the location easily accessible to customers? Is there ample parking space? Even these minute details have to be taken in to consideration while choosing vending location.

• Number of competitors existing and operating in the current location also needs to be considered by the operator. Try to target niche and untargeted market segments for installing your equipment. However, if you believe that business is profitable and you are looking to penetrate the existing market, then the best place to put your Planet Antares machine is close to your competitor.

• Operators need to have or update themselves with the other kinds of businesses being operated in that locality. This would help you in taking appropriate marketing or advertising strategies.

• It is mandatory that operator is well versed with the rules and regulations of the city or state in which he/she is operating. Usually rules vary from one state to another. Hence an operator needs to update himself on these before installing his machine.

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