Category: Vending machine business

Vending Machine Companies
Photo: L’Oréal Paris

Most vending machine companies and businesses will tell you that one of the key factors to a successful vending operation is having your machines in the right locations. With the “right” location depending on many factors, it can sometimes be hard to decide where exactly the best places for your various kinds of machines might be.

Beauty product giant, L’Oréal Paris was the latest big-name brand to make a splash in the vending machine marketing trend and picked a location that most vending machine operators can only dream about. After striking a first-ever deal with New York City’s Metro-Transit Authority, the organization that runs the city’s public transportation, L’Oréal has launched its branded vending kiosk at the 42nd Street-Bryant Park station, one of the busiest stations in the city.

The campaign for this vending machine will run through November and December and will cost $700,000 to $1 million; now that’s an expensive vending machine! According to the MTA, more than 4 million people will go through the station during that time period. eVending can only guess at the number of sales the machine will have, but more importantly, the branding potential of this machine is what will make it worth the costs.

Beautiful Vending Machine Location
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Most vending machine companies and businesses will tell you that one of the key factors to a successful vending operation is having your machines in the right locations. With the “right” location depending on many factors, it can sometimes be hard to decide where exactly the best places for your various kinds of machines might

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Vending Machines for SaleStarting your own vending business can be a very exciting endeavor. A difficult part of starting your own vending operation for many can be the up-front cost of purchasing your first machine or machines and the product to put in them. eVending makes this initial leap into your future industry easy with flexible payment plans!

When you are ready to buy vending machines from us, like the Futura combo machine, we will help you sort through the variety of payment plans we offer. Plans range from 6 months to 48 months and there are no monthly payments for the first 90 days! 90 days that you can set up your machines and start seeing profits that will help you pay for your financing plan. Many vending machines can become profitable enough to pay for themselves over time. eVending offers the help and support you will need for a successful endeavor and the buying process is simple and straightforward.

Financing to Buy Vending Machines
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Starting your own vending business can be a very exciting endeavor. A difficult part of starting your own vending operation for many can be the up-front cost of purchasing your first machine or machines and the product to put in them. eVending makes this initial leap into your future industry easy with flexible payment plans!

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Combo Drink Snack MachinesIf you have decided to enter into the vending machine business, you need to learn more about the business from an insider’s perspective. Therefore, the information listed below is invaluable as it will reveal all you need to know as you consider buying your first vending machine:

Select some locations for your machines:
It is important to have a good idea of locations in mind when considering a vending machine business. For example, check local offices or schools to determine if they have need of a vending machine. You also want to determine what type of clientele frequents the area and match your product with that location’s needs.

Pitch the idea:
Once you have some locations in mind and know what types of machines you will use,  speak to the business owners about placing your vending machines in your chosen locations. This step requires an investment in some marketing material such as business cards and brochures, which will show potential clients what types of machines you are going to use and other important factors about your business.

Get a permit and be ready to pay taxes:
In many cities, vending machines owners have to get a permit for operating a machine from their county clerk. In addition, you will have to pay taxes on your sales, which is important to keep in mind.

Get your machine and contents:
Find a reputable vending machine company, and purchase a vending machine. Then, find a good wholesale company where you can purchase the product you plan to stock in your machine. Finally, purchase any supplies and equipment you will need to keep your machine well stocked and clean.

These steps listed above will help you as you begin your vending machine business. eVending is here to help!

What to Consider When Buying Your First Vending Machine
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If you have decided to enter into the vending machine business, you need to learn more about the business from an insider’s perspective. Therefore, the information listed below is invaluable as it will reveal all you need to know as you consider buying your first vending machine: Select some locations for your machines: It is

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Futura Vending MachineKeeping up with technological advancements is important in every business, and the vending machine business is no different. As an owner of such a business, you likely want to know what new useful advancements have been made in the vending industry. Read below to learn about the best new technology available today for vending machines:

Credit card reader:
In today’s society, many people do not carry cash. Therefore, it is important for vending machines to be equipped to use debit and credit cards. Thankfully, this technology is now available in the form of credit card readers. In addition to giving your machine credit card reading capabilities, this innovative technology also gives you the ability to monitor your vending machine transactions from a remote location thus allowing you to keep up with your profit.

Changing the machines themselves:
There have been many changes in the vending machine industry in regards to the appearance and functionality of the machines themselves. This new technology has allowed a huge increase in the amount of items that can be sold in a vending machine. In the past, chips and sodas were the primary fare of vending machines. Today, coffee, water, healthy snacks, salads, sandwiches, pie and even pizza are being sold out of vending machines. However, small snacks such as chips and peanuts and sodas are still the primary and most popular contents.

Vending machine technology has continued to evolve over the years. As a vending machine manufacturer, eVending knows you likely want to keep on top of useful vending machine technology. The technologies listed above are just a couple of the many advancements that have improved the vending machine industry.

Most Useful Vending Machine Technology
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Keeping up with technological advancements is important in every business, and the vending machine business is no different. As an owner of such a business, you likely want to know what new useful advancements have been made in the vending industry. Read below to learn about the best new technology available today for vending machines:

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vending machine companiesAt the current time, vending machine companies say that 93% of all vending machines lack cashless options. But, that may change soon. A few of the reasons to go cashless in your future snack machines:

  • More customers. Many people never carry cash. Allowing them to swipe a card instead means that they can always use your machines. Research indicates that sales increase by 30% when you add credit card readers to your machines.
  • It’s a cleaner option. 94% of all dollar bills in the US carry some sort of pathogens.
  • Less vulnerability to theft. Experts say that Americans lose billions of dollars in thefts of cash every year. Cashless vending is a safe and secure alternative.
  • Convenience. When you buy vending machines that offer credit card readers and remote vending management, you can check your profits and inventory without having to physically visit your machine. Log on from home or on the go on your smart phone.

Are you in the market for new, upgraded options for your vending machines? Contact us to learn more about vending machine combo options, cashless vending and convenient remote monitoring systems.

Trending Toward Cashless Vending
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At the current time, vending machine companies say that 93% of all vending machines lack cashless options. But, that may change soon. A few of the reasons to go cashless in your future snack machines: More customers. Many people never carry cash. Allowing them to swipe a card instead means that they can always use

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snack machinesIt’s reasonable for a vending machine business to dread the idea of an all-plastic future and the death of cash as we know it. However, non-electronic payments are still common. The trick is accepting larger bills to make more money.

Consumers of all ages use cash for purchases of $10 or less 65% of the time. That’s good news for a soda vending machine business, but what about the 24-and-under age group, the demographic most likely to abandon cash? Fortunately for your vending machine business, the numbers don’t lie: cash accounts for 47% of all monthly purchases people 24 years and under make each month.

Cash is most often used to make smaller purchases, but many times people use $20 bills, even for totals under $5. After all, that’s what the ATM on the corner spits out when anyone makes a withdrawal. That’s why combo vending machines should not just accept $1, $5, and $10 bills. Bill recycling opens up the consumer’s wallet and allows your vending machine business to accept the $20 bills they’re carrying.

Make this change and you’re sure to make more money from each soda vending machine you manage.

Accept Larger Bills to Make More Money
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It’s reasonable for a vending machine business to dread the idea of an all-plastic future and the death of cash as we know it. However, non-electronic payments are still common. The trick is accepting larger bills to make more money. Consumers of all ages use cash for purchases of $10 or less 65% of the

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combo drink snack machinesWhen you buy vending machines, look for ones that offer options to improve or expand your business. One money and time-saving option to consider: vending machines that offer electronic payment options like credit card readers
.

Allowing customers to use electronic payments at the machine doesn’t just make it easier on them; it makes your job easier, too. Money arrives in your accounts more quickly. And, you are spared the time that you would normally have to invest in tasks like counting and rolling coins, making manual entries into your accounting records and waiting in line at the bank with heavy deposit bags. And, with electronic records, recording your payments into your accounting program of choice is a snap.

eVending offers a number of vending machine options to fit any business. And, we have over 400 support facilities throughout the country to make sure that you always have the help and support you need for your growing vending route. Contact us to learn more about our vending machines for sale.

Electronic Payments Help You Get Paid Faster
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When you buy vending machines, look for ones that offer options to improve or expand your business. One money and time-saving option to consider: vending machines that offer electronic payment options like credit card readers . Allowing customers to use electronic payments at the machine doesn’t just make it easier on them; it makes your

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When grandmother Karen Bailey heard that her son wanted to give away his vending machines, she asked if he’d give them to her. She used her combo drink and snack vending machines to open her own small business in Great Falls, Montana. Since September, 2014, she’s supplemented her fixed income with proceeds from 11 machines in nine locations. Besides the cash, Bailey enjoys meeting customers and getting to know what they like.

She advises others who are considering vending machines for sale to prioritize location. At least 20 people regular congregate around her favorite vending machine locations. Additionally, she suggests supplementing healthy beef jerky, granola bars and pistachios with candy bars, cookies and chips. Her snack machines experience has proven that people like to treat themselves sometimes with traditional snack foods. No matter what’s in her vending machines, Bailey looks forward to many more years of business ownership.

If you’re interested in starting a vending machine business, check out our selection of eVending table-top and combo vending machines. Want a free quote? Give us a call at 1800-944-5524.

How One Grandma Started a Vending Business to Make Extra Cash
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When grandmother Karen Bailey heard that her son wanted to give away his vending machines, she asked if he’d give them to her. She used her combo drink and snack vending machines to open her own small business in Great Falls, Montana. Since September, 2014, she’s supplemented her fixed income with proceeds from 11 machines

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DES MOINES, IOWA – Art Wittern, Chairman of the Board for eVending’s parent company The Wittern Group, has been named NAMA’s Allied Vending Member of the Year.  The Allied Member of the Year award, presented lifve at the OneShow on April 13th, is one of three NAMA Industry Awards that recognize the most widely respected leaders in the industry, as nominated by their peers.  The OneShow is the nation’s largest vending and refreshment services trade event, which will be held April 13–15, 2016 at the Lakeside Center McCormick Place in Chicago, Illinois.
An industry veteran as a C-level executive for over 55 years, Mr. Wittern held the position of President and CEO of The Wittern Group until 1990, when he was named Chairman and the company transitioned to its third generation of family ownership.  For over 20 years, Mr. Wittern was the driving force behind The Wittern Group’s strategy as it diversified and transformed its product and service offerings to adapt to advancements in technology, shifting markets, and changing customer needs.
At The Wittern Group, Mr. Wittern fostered a culture that empowered those around him to think beyond the status quo and dream the impossible.  This modus operandi and Mr. Wittern’s hands-on approach to product research and design was instrumental in creating the multi-zone frozen vending machine which was revolutionary for the vending industry.  Presently, Mr. Wittern’s efforts are focused on strengthening the company’s position among professional vending operators and the distributors who supply them.
“The Industry Awards are a beloved element of the OneShow, recognizing leaders who have served our association and the industry as innovators and advocates,” said Dan Mathews, NAMA Executive Vice President and COO.  “Art has performed above and beyond, helping The Wittern Group achieve success while devoting his time and talent to NAMA, overall industry efforts, his colleagues, and the community.  He is a true inspiration and I congratulate him on this well-deserved honor,” commented Mr. Mathews.
“I am greatly honored for the recognition from NAMA in the form of this prestigious award. I would like to express my gratitude to my colleagues who work every day to make The Wittern Group successful and most importantly, to our customers and distributors,” commented Mr. Wittern.  “As we introduce our next generation vending machine, the Evoke series, at NAMA 2016, we look forward to continued innovation and growth within the marketplace.”
Mr. Wittern cares deeply for the vending industry as well the community, which is evident by his founding of The Wittern Family Foundation that supports various non-profit organizations including NAMA, the Mayo Clinic, and United Way among many other organizations.  Mr. Wittern also founded The Wittern Family Scholarship Foundation which provides post-secondary financial assistance to children of The Wittern Group employees.
The National Automatic Merchandising Association (NAMA) Awards Art Wittern Allied Member of the Year
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DES MOINES, IOWA – Art Wittern, Chairman of the Board for eVending’s parent company The Wittern Group, has been named NAMA’s Allied Vending Member of the Year.  The Allied Member of the Year award, presented live at the OneShow on April 13th, is one of three NAMA Industry Awards that recognize the most widely respected

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eVendingVendBusiness

Vending is very much an entrepreneur’s business. Vending operators essentially run their own small businesses. As a vending operator, you must become a jack of all trades as you will be taking on a lot of responsibilities. You will be managing things such as product restocking, service calls, machine maintenance, finances, travel between locations, and administrative duties. While entering the industry as a vending operator may seem overwhelming, do not be discouraged as becoming a vending operator can be quite rewarding.

You may be wondering if the vending business is right for you. Let’s consider the advantages and disadvantages. As an operator owning your own vending machines, you will enjoy higher profit margins and will be allowed greater flexibility in pricing and product offerings. To enter the industry as an operator you will need money up-front to purchase the machine. Plus you will need to buy product to stock your machine.

As the factory direct supplier of vending machines, eVending is one of the only manufacturers to provide in-house financing for machine purchases (based upon credit approval). eVending offers a variety of accommodating financing options, ranging from six (6) months to 48 months. Plus eVending offers no monthly payments for the first 90 days. With an average item profit of $0.50, your vending machine could pay for itself with sales of just seven to ten snacks or drinks per day. eVending’s financing options are ideal for operators entering the vending industry to be more affordable and profitable than ever.

As you prepare to put your business plan into action, you may want to make a list tailored to your needs as the operator. The following are several tips to help you prepare to enter the industry as a vending operator.

  1. Have a business plan – It pays to plan. Have you thought about what your goals are or how the math works out? With vending profit is not immediately obvious, there will be a significant delay between your actions and financial results. If you want to get an idea of what your machines will bring in, eVending’s profit calculator is a useful tool. The calculation takes into account the number of machines you have, vends per day, the cost of the product, and the vend price of the product to give you the most accurate prediction of your future profits.
    Be sure to align your business plan with your finances as well as lifestyle goals.
  2. Select the vending machine type – Over the years vending machines have evolved beyond cookies and crackers. Today, you can vend anything from gumballs to a full meal. Decide which market you want to enter then find the machine that best suits your needs.
  3. Get the proper licenses – Before you get started, check with your local licensing office for requirements in your area.
  4. Buy the machines – Now that you have decided what type of machine is best for your location, you will need to purchase the machines. eVending offers a full line of machines that are 100% manufactured in the USA. Our new machines come with a one-year limited parts warranty and are specially designed to provide maximum energy output with minimal electrical requirements which helps keep your expenses as low as possible. Additionally, our new machines can be managed remotely due to their cellular-based designs.
  5. Buy or lease a vending truck – You will need a vehicle to move products from machine to machine and even to move the machines themselves. The size and type of vehicle you need will depend on the size of your operation.
  6. Find a supplier – Buy your products in bulk through stores such as Sam’s Club and Costco or a site that sells candy in bulk. Be sure not to buy quantities so large that they expire before you can sell them.
  7. Secure your locations – When selecting a location look for places with high foot traffic. Think along the lines of an office, mall, bowling alley, or hotel. Be sure to check out each site in person before approaching the owner to secure a deal.
  8. Service your machines – Now that your machines are placed you will be in charge of upkeep. This will involve keeping the machine functioning, clean, and well-stocked. Depending on your machine’s popularity, this may need to be done more than once a week. When you purchase one of our machines you will have access to eVending’s complimentary phone customer support as well as to Vendnet— your one-stop source for parts, service, and vending products, with online support for vending machine manuals or parts ordering.

Finally, the National Automatic Merchandising Association’s (NAMA) Vending101 article is a good resource for a more in-depth look at the industry.

If you decide you’re ready to make your way as a vending operator, visit www.evending.com to learn more or contact eVending today at 1-888-915-7572.

Are you ready to become a Vending Operator?
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Vending is very much an entrepreneur’s business. Vending operators essentially run their own small businesses. As a vending operator, you must become a jack of all trades as you will be taking on a lot of responsibilities. You will be managing things such as product restocking, service calls, machine maintenance, finances, travel between locations, and

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