There are a handful of steps that a vending operator needs to take in order to be maximally profitable in the healthy vending machine business, but there is one that people just don’t know about, and what makes it extra appealing is its win-win factor. Before we go straight into the big secret, I feel it’s important to review the other main components of a successful healthy vending machine business, just in case you don’t know how to set yourself up for success in the healthy vending machine business.
You’ll want to choose a successful franchise that is willing to train you. They must help you choose the best products for your machine and their business model must make sure they are continually invested in your success. Choosing the best healthy vending machine franchise is a powerful step towards success.
You’ll want to choose your location wisely, and a great franchise will help you identify a great location. They may even help you secure the acquisition and do the location scouting for you. The reason location is key, is that you’ll have your machine in a place where people want healthy snacks (such as gyms, hospitals and schools). You’ll also want a location that agrees to only have healthy vending machines and that way your machine is next to a traditional junk food candy machine, which could tempt a customer to buy their high fat, high sugar Twinkies.
You’ll want to be sure your vending machine offers remote monitoring, so you know what’s happening without leaving your home or office. Real time remote monitoring enables you to have a full stock of fresh products since you can view your inventory and see if there are any maintenance issues. It also helps reduce lost sales from items that are out of stock. A high quality franchise will only carry high quality machines, so again if you choose your franchise wisely you don’t have to worry about these things.
Choose the most popular healthy snacks and beverages not just the ones you love. Sometimes new vending machine operators like to put their favorite snacks in their machines, but the most popular snacks will sell better. If you partner with a great franchise, they’ll help you choose your product mix so you don’t have to go through the trial and error phase that so many first time vending operators go through. This means that they should be customizing individual product mixes for each individual machine.