Soda vending machines are one of the easiest ways to make money in the vending machine business. However, like all other vending machines, you do need to offer a selection of beverages, such as soda, juice and bottled water. You also need to have them placed in strategic locations. The location is the key to making money with vending machines, no matter what type of machines you have. There are several ways you can go about getting the soda vending machines that you want for your business.
Soda bottling companies often provide the soda vending machines free of charge. However, you do have to sign a contract saying that you will only purchase the supplies for the beverage vending machine from this company, which can cut down on your profits. When you buy from the company, you will receive discounts, such as one free case of soda for every ten cases that you buy. The downside to buying all the sodas and other beverages from the company is that you will pay full price for the supplies.
Buying a used soda vending machine is one way that you can realize higher profits. You can save up to 50% of the cost of the machine when you buy used. Most times the vending machine distributors have refurbished soda vending machines at a much lower cost than that of new machines. When you own the beverage vending machine yourself, you can purchase your products wherever you want. This allows you to take advantage of sales offered from various wholesalers and quite often you can get the soda you need at the supermarket for less than wholesale price. When you restock your used soda machine in this manner, you will have higher profits.
At one time, schools were strategic locations for soda vending machines. With the laws now in force banning these vending machines from schools, you may have to rethink the type of products that you want to sell through your beverage vending machine. Soda is not the only beverage and in schools there is a great need for beverages such as fruit juice, milk and bottled water. Converting your used soda vending machines to handle these products will still keep you in business.
Airports, shopping malls and other strategic locations where there is high people traffic are prime places for soda vending machines. Often when out shopping, people want a cool refreshing drink and they don't want to go into a restaurant and sit down. With the beverage vending machine, you will find that at certain times of the year, business is better than others. Summer is the time when cold soda sells best from the soda vending machines, so you do have to be prepared for a slow down in business when winter arrives.
Personal Soda Vending Machine
Location will determine the success of your soda vending machine vending business. But how do you know if a location is profitable? Well, you never really know how profitable any location will be. It is kind of up in the air. You should be open to try reasonable size locations. Blue collar businesses are usually the best locations.
The vending machine industry has three categories for its target market : the blue collar businesses, the white collar businesses, and kids & young adults. Out of these three categories the blue collar is your best bet for your soda vending machines. Since blue-collar workers are out in the field or in an industrial building working hard and exhausted, chances are they might want a drink that is high in sugar or something of a Gatorade type to boost them up. This is where your soda vending machines enter, allowing workers to grab a quick drink in a higher convenience and without much down time.
There used to be a time when public schools were still considered to be a strategic location for your soda vending machines but now that the law prohibits these Soda vending machines from public schools, you may have to consider how you can still put your soda vending machines into good use within a public school's premise. If you really want to target public schools, then I suggest that instead of soda, you can just go for bottled water, fruit juices, or milk. Converting your soda vending machines to accommodate these beverages will surely keep you in business.
Aside from blue collar businesses and public schools, here is a list of various types of business that have proved to be profitable for the most part.
- New Car Dealerships
- Office Buildings
- Hospitals
- Health Clubs
- Driver's license Offices
- Apartment complexes
- Bowling Alleys
- Bingo Halls
- Junk Yards
- Banks
- Rehab Facilities
- Fire Departments
- Police Departments
- Hardware Stores
- Hotels
- Motels
- Laundromats
- Training Centers
- Lumber Yards
- Medical Clinics
- Nursing Homes
- Oil change/lube shops
- Pawn Shops
- Paint stores
- Tanning Salons
- Supply Stores
- Manufacturing Plants
- Distribution Centers
- Printing companies
- Office Supply Stores
- Grocery Stores
- Check Cashing Stores
- Car Washes
- Medical Clinics
- Tire Centers
- Cell Phone Outlets
- Furniture Stores
- Dancing Schools
- Beauty Schools
- Art Schools and other types of school
Locations where there are high people traffic or either a lot of employees are the best places for your soda vending machines. Other than the locations mentioned above, shopping malls and airport terminals are also considered to be prime places where you can generate lots of cash.
Both Peter Crump & Jayne Manziel are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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