A vending machine business is totally dependent on location. The location of the vending machine most often is in a businesses where there is already a large amount of foot traffic. Foot traffic is paramount to vending machines. Businesses are very useful for vending machines because people are already spending money. People are more likely to whip out their wallets for a candy bar when they are already buying things. If you find a location where there is a lot of foot traffic and people are willing to spend money on simple treats then you have a profitable location for your vending machine.
The simple fact of the matter is most vending machine operators don't think about their sales pitch as what's in it for the business, and think about it as what's in it for themselves. Before you go out to pitch your vending machine idea you need to be able to answer one question, what's in it for the business owners? The fact is that people will need some type of incentive to be able to entertain the thought of putting one of your vending machine on their real estate. Most businesses that sell the type of items that you will be vending will not be interested in letting you using their Spot. Luckily there is a way around all of this that will allow you to put a machine virtually anywhere.
What you have to do is find a local charity that is doing good work in your community. Then dedicate a certain percentage of your profits to this before. Depending on where you live this could be a tax write off for the business. A lot more businesses will be more interested in having your machines on their real estate. You may actually be able to sidestep giving them a commission at all and instead give what you would be giving the business owner to the charity. Most charities will be more than happy to have your support and put their logo on your vending machine.
Published by Jim Posey
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