Jayne Manziel: How to Start a Vending Machine Business

Find a suitable location

This is the most important step in establishing a successful vending machine business. You can spread the word about your new vending machine business in your community and ask for references. For every new business, location is the key factor, so determine the best location for your vending machine business can be a daunting task.

Buy the right vending machine at the right place

If you talk about the types of vending machine available in the market then according to Jayne, there are tons of different vending machines and all serve the different purpose.  There are mainly four types of vending machine which are popular worldwide.* Snack Vending Machine, * Soda Vending Machine * Combo Vending Machines * Bulk Candy Vending Machines

Stock the Machine with the product

It is very important to choose the products from your local area so that you get to know what the popular items in that area. Also, do not buy items other than Sam's Club or Costco.

Set your prices right

When deciding for how much you charge for an item then it will depend on upon your competition. The customer base is also a crucial point need to consider when deciding the rate. You purchase products in bulk from Sams Club. And obviously, it will charge you less. Generally, you have to charge two or three times higher than the price you paid for it.

Be professional

It is good to keep your machine updated and working well. Servicing your machine regularly so that it runs smoothly. Do not sell stale products. Keep your machine clean and bug-free. Be friendly with your customers and help them to decide the product. Jayne Manziel is a successful Entrepreneur Vending Locator that has helped hundreds of people build their Vending Machine business from ground up for over 20 years.  

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