On My Way To Financial Prosperity...

[VetTechJess]

I am going to try to do bulk vending. Just so you know I didn't just get into bulk vending. I've been researching it since late 2003. Its now 2008. I plan to buy some vending machines so that I will not have to work during the summer at a job.

The reason I don't want to work during the summer is I have a lake cabin I go to during the summer. Nothing beats free swimming! By all means its no house in the hampton's or anything....just a simple cabin at a lake with NO ALLIGATORS.

Only thing is I am a little hesitant at approaching store owners to place my machines. What do I say or Do to make them want my machines? I'm thinking of offering a commission of roughly $5 per machine. Considering that my tabletop machines allow placement of 25+ at each location depending on how big the establishment is....can well add up!

with my current plan I will have 18 machines by June 7, which will net me around $1,530 the first time. I plan to buy 2 new machines each time I refill up to atleast 30 machines which will net me around $2,550 every time I refill. I intend on refilling once every three weeks to start out, but will do a "walk thru" atleast once a week to see how my machines are doing, as well as how fast they are emptying.

I think I have a good deal because my machines are in the very place that other vending machines would kill for (right on the table in front of the customers as they are eating...how more convenient than to give the quarter or more to the kid right at the table when figuring out the tip rather than as you're leaving out the door)

Can anyone give me some advice on approaching establishment owners and other advice on the bulk vending business in general???

[mezameo]

Are you saying you will offer the stores $5 per machine per month or per day?

They might expect a little more than that =)

Out of curiosity, where are you buying your machines from? I'm based in South East Asia where the vast majority of machines are made. Let me know if I can be of any assistance.

Marc

[VetTechJess]

Originally Posted by mezameo

Are you saying you will offer the stores $5 per machine per month or per day?

They might expect a little more than that =)

Out of curiosity, where are you buying your machines from? I'm based in South East Asia where the vast majority of machines are made. Let me know if I can be of any assistance.

Marc

$5 per machine every time I refill my machines

[Angela]

So, what value are you creating? You've spoken of the value you expect to get, but what, of value, are you providing?

[Jonathan Mead]

I agree, focus on the value that you want to provide, and other will naturally want to reciprocate.

[VetTechJess]

the value to the business owner is free money...

the value to the customer is food for a snack or when they have the munchies...

[Jim11]

well, if you find suitable businesses you create value for the business by creating value for their customers. ie: their customers want snacks and they don't have to worry about providing it.

You shouldn't even have to give them much of commission. If there is an establishment, such as a hotel, that is deficient in snack options, it would be wise for them to allow your machine to be there at very little cost.