The essence of any business comes down to what it is they sell. Vending is no different. The heart of most vending businesses lies in their products. Putting the right products in the right place is key to maximizing sales and more importantly; keeping the customer happy....
A major challenge for any business owner is figuring out how to increase profits without increasing the current workload. A common solution is to grow revenue through expanding an operation, yet expansion can only go so far before it becomes unmanageable. A commonly used tactic is increasing prices to expand profit margin,...
Most vending operators know that guesswork and gut feelings have long ruled the industry. These uncertainties can lead to a variety of questions for vending operators. Which machines need to be serviced? How long have my best performing products been sold out for? How much cash is...
NAMA 2015 in Vegas is coming up quickly! Don't forget to stop by and visit with the Parlevel Crew at booth #1714 (right next to Automatic Merchandiser's booth) for all your VMS needs or just to chat! Meet the team that keeps helps keep business running smoothly! Our very own Alan...
The Vending Sweet Spot: Finding that PERFECT Product Mix Every operator’s dream is to have machines with only one product left in the spindle or row when the driver comes to service. It means Debbie in Accounting found her favorite brand of trail mix and Joe...
You’ve heard it before. 80% of your sales come from 20% of your machines, or customers, or products, or … you get the point. It’s called the Pareto Principle, but it’s really just about good common sense when providing great customer service. We are going...
VMS & You A vending machine can last from 20 to 30 years or more if maintained properly. This makes it difficult for vendors to accept new innovations in vending machine technology into their businesses without incurring large upfront costs. This is why having a vending...
Playing the Vending Repair Guessing Game Alan is a vending machine owner with over 300 machines in two cities. He has a number of different routes that he takes each week to service those machines. Almost every time he goes out to service his machines, there is...
What is a Par Level Approach? Merchandising is the idea of showcasing product to stimulate customers into making a purchase. For the vending industry, this means to keep machines stocked with the optimal amounts, or a par level, of products. However, how much of one product...
The Problem with Archaic Vending Machine Service If vendors were able to service vending machines more often, they would be able to earn more money for their business. Do more; earn more. It is a simple formula, but it is not easy to execute, especially for...