If you run a vending machine business, you have to think about the best placement for your machines. When thinking about securing the best location, consider the types of businesses that would suit having vending machines. Some businesses will be better for your machines than others so it is a good idea to consider each business type carefully before deciding. To help make things easier, we have provided a list of business types where you can place your vending machines.
Ask for Permission
First of all, depending on where you live, you might not be able to place your vending machine anywhere without asking for permission, paying for the space and following state and local laws. So, always check the laws and talk to business and property owners to ensure you have permissions to place your vending machine in their premises. You might even have to sign a contract in some cases.
Areas or businesses where people spend a lot of time outdoors are always great for vending machines. At festivals, people spend hours walking around and will need some refreshments. Also, a lot of people at these events don’t want to pay the exorbitant prices charged by nearby vendors. Lowering your prices even when they do not go as low as those on retail shops will endear you to buyers at these events. This creates opportunities where you can buy a vending machine that dispenses soft drinks, water or snacks to serve those attending these events. Don’t forget to compete on price as this will be your biggest advantage.
No matter where you go, you will always find people who need water or a snack after spending a few hours shopping. While many malls will have food courts, vending machines still remain a great option for those who want to grab something quick to eat while in the car. As with festivals, many people do not want to pay the higher prices charged by the vendors at these food courts. Also, some of the retail store employees who are looking for something different can utilize the vending machine if it has something they would like.
Schools and Universities
If you can get the contract, schools and universities are some of the best places to place a vending machine. Kids and teens often want a snack during the day and this can be very lucrative for you. College students who may not have enough time to grab a full meal between classes or who need a quick snack at night will also appreciate having a vending machine nearby. The best places to add the vending machine are the cafeteria, entries and exits and outdoor areas.
Do note you will have to check with the school administration about the types of items you can add to the vending machine if you would like to add one to a school or university.
Fitness Centers and Gyms
People often forget to take their water bottles to the gym. Because many of them do not trust tap water, they end up buying bottled water, and this creates an opportunity for you. Some people like a snack or a protein bar after their workouts. Adding a vending machine to a strategic location at a gym or fitness center can be very lucrative especially if you focus on health and fitness-oriented products.
If you are looking to buy a vending machine or run a vending machine business, it could become a source of a great income. You need to ensure your vending machine is strategically placed so you can make the most out of it. Match the products to your target customers, do not forget to check the local and state laws, and ask for permission to ensure everything goes smoothly.