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Posted on 29th May 2018
3 Reasons You Should Consider Purchasing Snack Vending Machines
When you’re looking to buy new or used vending machines for sale you’ll be faced a number of important decisions. One of the most crucial choices you have to make is what types of vending machines you should target. The difference in profit you could make between snack vending machines and soda vending machines can actually be quite substantial. Of course, there’s a lot of factors in play about what type of machine is best for a particular location, but here’s a few reasons why you should strongly consider purchasing new or used snack machines.
Oversaturated Soda Market
You might be surprised to learn that there are over 7 million vending machines currently in the United States and almost 60 percent of those are soda vending machines. This means that the vending machine market in your area could be over-saturated with soda or cold drink machines. This could be a huge problem when starting a vending machine business because it may be difficult to drive traffic to a new soda machine as it’s likely offering the same products as other machines in the area.
Wider Variety of Products
Snack vending machines on the other hand have the benefit of a larger variety of products. Between just chips and candy, you have hundreds of different options for stocking your snack vending machines compared to only around ten or twenty popular choices with soda vending machines.
Additionally, with more slots available to stock different items in your snack vending machine, you are able to test out new products to see how they sell compared to others. This enables you to be creative with how you mix and match your products to help you maximize your profits.
Good for Your Business
Obviously paying attention to the target demographic of your area is important. Don’t expect snack vending machines to turn a huge profit at your local gym where people are looking to cut out the junk food. With snack machines you should target areas where people are likely to spend long periods of time, such as an office space or business park.
If you own or manage a business at one of these locations and can get a snack vending machine set up, you’ll not only be providing your employees with a cheap option to stave off hunger in the long hours before and after lunch, but you’ll be able to make a little extra money on the side with very little overhead cost.
Something to Keep in Mind
Snack vending machines do have a lot of benefits, however it’s important to remember that snack items often come with a shorter shelf-life compared to soda. Unfortunately this means that they require more frequent upkeep.
Watching expiration dates and making sure you aren’t selling expired goods is important to keep repeat customers coming to your machine instead of going somewhere else where the food isn’t always stale. Although this means a little extra work, it does provide a perfect opportunity to keep rotating in new products so that people will need to keep coming back to see what’s new.
If it’s time for you to buy a vending machine consider looking to Global Vending Group. We offer a wide selection of new and used snack vending machines in a number of different styles, so we’re sure to have just what you need.
Please contact us or call 1-800-592-4220 and set up an appointment today.