and told me that one of the machines is left opened, it was sunday when im with my family watching the most awaited start wars saga. I was thinking why this thing is happening to me ? I’m already in the vending business for a quite a bit and thought that operating this business is just like the back of my mind and everything I do is automatic : open, check change, fill chips and chocolate bars, close, it’s already built in my mind but somehow I made a mistake again.
This is a last and 11th location that I did on Saturday last week ( DEC 16, 2017 ). That day I got up early and wanted to finish everything as fast as I can.
When I arrived on the location
on Sunday night at the location I thanked the security guy who called me and when I approached the snack machine it was open and I was thinking that it will just take a few seconds to lock it properly and secured, to my surprise there are some missing items in front of the snack machine.
My mind was racing again and thinking
why these things happens even in a fully secured bonded warehouse. As a vendor whenever I service the location I have to wear the identification id all the time as a requirement and had to have a police clearance report before I was accepted into serving the location. I just don’t understand why in a very secured place some theft exists.
If the people are stealing a bag of chips and a chocolate bar
, what more will it be in real life outside the secured location? Maybe it’s okay to cheat then is the mantra running inside their subconscious mind ?
This is a very good lesson
for me and as a vendor operating a lot of machines, you always have to keep your composure all at times even when time is not your friend on that moment. I was also hurrying up on Saturday to finish everything and have to make it on time at Van city before they close at 3pm on Saturdays. It very cumbersome and awkward to keep heavy coins over the weekend so the best is to have it converted into paper and deposit it immediately.
Today on Monday
I ended the day great and was not in a hurry or else ill be messing up things again, I just take things one step at a time and ended the day perfectly on a blue Monday.
Back in the Philippines when I used to have brick and mortar stores I normally don’t go to work on Mondays or go to work late on Mondays and just take things easy after getting a little of hangover on the weekends. Back home, I enjoy my weekends and go to different restaurants and savor the night away with fine wine and beer with friends, I guess that luxury was long gone, it’s all reminiscence on lost cherished memories.
In the future I hope I can afford to shuttle back and forth here and makati city but with the help of additional forms of streams of income which will eventually come along will it be offline or online business.
Even if you are always in a hurry to get things done, do not take things for granted and make sure everything is locked up and working before leaving your pop or snack machine.
In today’s economy, we are constantly getting calls from businesses looking to ditch their local vending company and buy their own vending machine so they can capitalize on 100% of the profits and have complete control over it. The average vending machine today grosses approximately $100-200 per week and half of this is profit to the vendor. Vendors may provide a 10-20% commission to the location if it’s a really good location. If it’s not, then no commissions are awarded and you may be getting poor service as well. For many businesses, this relationship works great considering the vendor will purchase the machine, restock it, and repair it as needed. However for other business owners, who would like more control over the vending machine, you may consider owning your own machine. Listed below are some of the advantages and disadvantages of owning your own vending machine:
In today’s economy, we have a tendency to square measure perpetually obtaining calls from businesses trying to ditch their native vending company and obtain their own vending machine in order that they will exploit 100 percent of the profits and have complete management over it. The common vending machine these days’ grosses about $100-200 per week and 1/2 this is often profit to the Vendor. Vendors could offer a 10-20% commission to the situation if it’s a extremely sensible location. If it’s not, then no commission’s getting awarded and you will be obtaining poor service furthermore. For several businesses, this relationship works nice considering the seller can purchase the machine, restock it, and repair it as required. But for different business homeowners, UN agency would love additional management over the vending machine; you will take into account owning your own machine. Listed below square measure a number of the benefits and downsides of owning your own vending machine:
The advantages of owning your own vending machine include:
Higher profit margins
Greater flexibility in the pricing
Greater flexibility in the product selections
The disadvantages of owning your own machine include:
Need money up-front to buy the machine
Must be willing to coordinate potential repairs of the machine
Must be willing to buy product and stock it regularly.
For the majority businesses the biggest obstacle to owning your own machine is the up-front cost. Fortunately, Paypal has provided a way that you can buy now with 0 money down and pay six months later with 0% interest OAC. At vending machine we are currently offering this incentive with PayPal. Most of the machines we sell are priced low so they can be paid off within six months using the profits from the machine.
The other major obstacle is the possibility of the machine breaking down. At The vending pro service, we provide a lifetime of technical support so we can walk you through the repair process and help you find the needed parts as necessary. Most problems are very simple to repair and when you own the machine, you can fix it yourself within a matter of minutes instead of waiting for your local vendor to come and fix it.
Are Made in America vending machines really better? Once you are getting a vending machine, do you have to worry with the origin of the machine? There is actually thousands of web sites with vending machines purchasable. We predict that the simplest thanks to verify if you must purchase a “Made within the U.S.A.” machine or a machine with origins outside the U.S. is to appear at 3 totally different factors: price, quality, and handiness of components.
Typically, vending machines that is factory-made within the u. s. price quite an bit quite vending machines that are created elsewhere. Will that create it a far better machine? It’s your decision. i used to be speaking with a fan recently. He aforesaid he’d rather purchase things created in Japan than within the U.S. strictly as a result of their cheaper! You actually pay a premium for having “Made within the U.S.A.” on your product. It’s going to cause you to feel unhappy and proud that you’re supporting your country. Will that label create it price disbursement lots of additional money? Will that label even mean anything?
I visited the Federal Trade Commission web site to search out. The Federal Trade Commission works for shoppers to stop deceitful, deceptive, and unfair business practices. They conjointly offer info to assist spot, stop, and avoid them.
This is what I learned:
A company that makes a “Made in the USA” or other United States origin claim for its product must be able to prove that all or almost that entire product is made in the United States. Products with these labels shall contain virtually no material or components from other countries.
In general, products processed or finished in the USA that contain materials from other countries shall not be labeled “Made in the USA” without further explanation. They shall include qualifying statements near the claim that explain which components of the product come from the USA.
A product that includes foreign components shall be called “Assembled in USA” without qualification when its principal assembly takes place in the U.S. If the assembly is substantial. For the “assembly” claim to be valid, the product’s last “substantial transformation” also shall occur in the U.S. That’s why a “screwdriver” assembly in the U.S. of foreign components into a final product at the end of the manufacturing process doesn’t usually qualify for the “Assembled in USA” claim.
The labeling of “American-made products” is subject to no regulations. The Federal Trade Commission can prosecute companies that falsely label a product, but only after the label has been applied. They also can only prosecute when it has been brought to their attention that the product is mislabeled. The Commission does not pre-approve advertising or labeling claims. A company doesn’t need approval from the Commission before making a Made in USA claim. As with most other advertising claims, a manufacturer or marketer may make any claim as long as it is truthful and substantiated. Just having that “Made in the U.S.A.” sticker on their machine can increase the price you pay by several thousands of dollars. Moreover, it is no guarantee that a vending machine will run better than any of the other vending machines out there. Some, you could have purchased for less since they were manufactured in foreign countries.
Is a vending machine made in China going to be a good, quality piece of equipment? Maybe. Or maybe not. It’s really up to you to do your homework and decide. These days nearly all of the world’s biggest brands either manufacture part or all of their products in Chinese factories. “Made in China” no longer inherently means cheap or inferior. An incredible amount of product is made in China. China’s economy and skill base has been growing strongly for the past 2 decades. The Chinese are becoming the new Japanese of manufacturing.
Additionally, Japan has built skills, used technology and now produces some of the world’s best product. Lots of vending machine components are built in various parts of the world. Brazil makes great compressors! Your biggest concern should be whether or not you can obtain parts to service your machine. If you purchase a great machine at a discounted price and then can’t find the parts to repair your machine if needed- you’re really out of luck! You need a reputable company that has the parts you need when you need them, not necessarily a vending machine that comes from any certain country.
We sell vending machines from around the world. Our Seaga machines are manufactured primarily in India, but assembled in the U.S. They are great machines and have been one of our most popular sellers. We also have machines from China that have been excellent machines. At The Discount Vending Store, we stock all the necessary parts for the machines we sell, whether the machine was made in the USA or abroad.
When considering all the provision that enter the start-up of a hawking business and vending machines purchasable, one in every of the large queries you want to answer is however you’ll store your machines whereas you’re attempting to land the good locations for those machines. There area unit a couple of completely different choices out there. We’d wish to share some info on every of these choices with you. Looking on your scenario, one or additional of those is also right for you.
The first choice is that you just may have the machines shipped to a warehouse that stores business instrumentality. Several of the large vending machines franchises utilize this approach. It’s convenient however it comes with an oversized tag. The warehouse can usually charge you 35 to forty greenbacks per month to store every machine. They’ll usually deliver the machine direct to the situation for around 300 greenbacks still. We’ve got connections and that we can give this selection if you’re fascinated by this.
The second choice is that you just might have the machines shipped right to your house and store them in your garage. This can be a pleasant choice as a result of it’s free. You’ll be able to conjointly mess around with those machines right there at your home, that is nice if you’re unaccustomed the business. The downfall of this selection is that the machines can take up your automotive house that is effective land.
Another option is for you to rent a storage unit. this is often conjointly a more cost-effective route. A 10’x10’ unit is often around 100 to 1 hundred and fifty bucks per month and can match roughly 9 vending machines. The drawback of this feature is that you just can need to move your machines to their locations on your own or buy somebody to come back and move them for you. However, this is often a awfully economical thanks to store them till they are going bent on locations.
Your last choice could be a nice choice that we tend to are currently providing. At the Discount Vending Store, we tend to are giving one month of free storage on choose machines. We’ll store your machines here in our warehouse and send them resolute your locations as you discover them. Must you want quite a month of storage; we are able to give longer storage for a little extra fee.
This selection permits you to buy multiple machines at our multiple machine discounted value. To boot, we tend to don’t continuously have all our machines available because the accessibility on every of our machines comes and goes. So, if you see the machines you would like, you’ll purchase them currently and allow us to store them for you till that excellent location is secured.
Any one of those four choices would be a good one. You just got to analyze your needs and your budget and create the most effective selection for you and your business.
Small Businesses Are Very Slow Even Thou We Are In The Second Phase Of Reopening
Now, some of the small businesses are very slow even thou we are in the second phase or reopening.
People go into business because they really believe that it is a good investment and that they will be benefited in the future.
They cannot afford to wait any longer and they need to get their business done and move on.
Many small businesses do this and then get stuck waiting for the business to open up again.
For some of these people it is time to pull the plug on their business or sell it.
Most of the people who run small businesses are too busy with their daily lives and they are not sure what to do with their business.
They have invested all the money that they could afford and now they are having problems opening the doors of their business.
Many of these people will stop looking for new business opportunities and will just go back to what they had been doing before they were laid off.
This is just how things are and how they have always been. However, the world is changing and many of these people are getting a better understanding of what the big picture is.
These are the people who are ready to do something about their small businesses and the fact that they are trying to open up their own businesses shows that they have a lot of motivation.
They want to see their businesses succeed and they do not want to wait around any longer.
Many of the entrepreneurs who are in the second phase or reopening are just starting out and are looking for what the next steps are going to be in order to take their business to the next level.
Well in my vending machine business here in Vancovuer, BC, things are improving but most of the high earners such as :
Downtown Offices are staffed with just 10 people out from 200 to 300 people
Airport Facilities are almost almost empty
Tourists Destination Hotels are almost empty
Community Centers are still closed
Schools are on vacation till September
So virtually there is no business for the vending machine vendor.
Corona Virus – Prolonged and Intermittent shutdowns in Businesses
The Corona Virus is responsible for a variety of diseases that have no cure in common.
It is a highly infectious virus, which causes the human papilloma virus.
The Corona Virus causes many different types of symptoms in humans. Some of the most common include severe headaches, fever, fatigue, and chills.
In addition, it can cause many other symptoms such as sore throat, swollen glands in the neck and throat, and a painful cough.
For people who have an ongoing case of this virus, it can cause a lot of complications, such as prolonged and intermittent shutdowns in businesses, and other complications, such as pneumonia and even death.
For small businesses, like myself this would be another scenario where about 50% to 70% of the small shops will begin to close this year. Real estate will drop, movies, events, gatherings and air travel.
The situation will not go away soon.
Some people will go into default.
Micro Market Vending services will eventually shutdown
Ever wondered what the micro market vending services are greatly affected by due to perishable items?
Most of us believe that the vending business is a recession proof business.
I was introduced to micro market but never got hold of it simply because of the labor effort in running the business, most of the items are fresh and needs a lot of people to sustain the business.
Since all the downtown offices are less than half empty then these micro market setups will eventually close.
It is still better to put a vending machine with 2 months expiration dates on products: chips, chocolate bars and pop, chances of surviving is far greater then micro market operations.
Businesses That Are Looking to Cut Routing Distances and Costs
Many of the smaller business owners do not understand that businesses that are looking to cut costs, and routes that are less than ideal can be used to save a lot of money, as well as keep costs from increasing any further.
This means that business owners who have a less than perfect routing strategy can also save money and reduce costs by simply improving on their current routing plan.
This can be done simply by using the internet to find a company that offers routing software and service plans that can be used to improve the routing plan of a business.
The company will then be able to offer businesses the best routing plan possible, and the service of choosing a good routing service will be included in the package.
Businesses that are looking to cut routing distances and costs can simply add new routes to their current routing plans, and use the software to get them set up.
The software will then be able to provide businesses with the best possible route plans, and will be able to keep track of how much fuel they are using, and how much time it has taken for their trucks to reach their destinations.
This is important to businesses that have trucks, and drivers that have to travel long distances.
By using routing software, the business can increase the amount of time that it takes for the trucks to reach their destinations and save money while doing so.
WAZE App Optimizes Routes and Services And Saves Money on Vending Route
Lately, I have been using Waze a mobile app on finding the best possible route when im servicing vending machine locations, it saves time, gasoline and even detects:
The Waze App will re-route if you in doing these kind of scenarios while servicing your vending machine business.
The Waze App is Free forever to use in tandem with your vending machine business!
Many delivery services claim to provide on time delivery, but what does WAZE optimize routes for?
When you first create your WAZE route and the delivery services that you have selected, then how does WAZE help to optimize the route?
Of course the best way to optimize a route is by making it as efficient as possible.
If a certain route is not optimized, the customer has a higher chance of being late or not delivered at all. This has been proven time again, and has even been used in areas where there are few delivery services available to serve customers.
The best way to optimize a route is to make sure that the delivery services available to you are reliable.
A good way to assure reliability is to ensure that you use only the most dependable delivery services available.
If you do not use the best delivery services available, you run the risk of having the unreliable time and vending services.