Graphic Vending Machine Vs Live Display
Beginning a snack or drink live display vending machines business venture is an exciting and potentially beneficial prospect, but also one that is filled with uncertainty and risk. Whether you are starting your own vending business or forming a partnership, research the pros and cons that most relate to the business. Learning the facts helps you be realistic about your business’s chances of survival. According to the Small Business Administration, seven out of 10 new companies will last at least two years, but only a quarter of those will have the longevity to last 15 or more years. The information below should help you better understand graphics machines and live display.
Graphics Vending Machine
If you want your vending machine to stand out, what can you do? A vending machine is a remarkably familiar sight. To keep navigating customers to your business, amongst this vast sea of different options, you must keep your vending machine looking as sharp and presentable as possible. One of the most effective approaches you can take to make your vending machine POP is to purchase different wraps to place on the outside of your machine. These are typically made of vinyl and come in a boundless variety of designs and prices. Vendor’s Exchange and graphicsthatpop.com (GTP) are two companies that sell graphics for vending machines. GTP also sells pre-cut graphics panels. These panels offer the added advantage of hiding any unsightly blemishes on your machine, such as scratches, dents, chipped paint, etc. You may also check with your local print shop to investigate different adhesive vinyl wraps that may be available in your community. Vinyl wraps aren’t only for driving attention to your vending machine. They also add a layer of protection to your machine. Wraps can protect it from damaging bumps and scratches. If your wrap gets worn or damaged, they are relatively easy to remove. You can then replace the wrap with a new one that you’ve designed or that better fits your location.
Live Display Drink Machine
Live display vending machines offer a great compromise between traditional drink vending machines and the glass front bottled drop style of machine. Like the glass front, the live display machine helps convert sales by displaying an actual product for your customers to see when they make a selection. The live display can give you an edge when placing in a new account. Let’s say you are taking over an account that was run by someone who would buy unreliable machines and one of the problems was that the machine never worked. Now if you go and place a similar machine with a front sign it will put off some customers who dealt with the same machine in the past. The live display will attract new customers help increase sales in your location. This is a proven method for increasing sales.Live display vending machines also offer some versatility in product, with the capability to vend 12 oz cans, 20 oz bottles and several other sizes.
While a new business venture can be invigorating, it is also a tiring pursuit. The hours you set for yourself may grow exponentially as you try to get the company off the ground. While your old job may have had a 40-hour work week, small business owners can work approximately 52 hours a week, according to the 2005 Wells Fargo/Gallup Small Business Index. These numbers can increase around the time of your opening. You’ll also need to purchase insurance and other benefits that were likely provided or subsidized by your former employer. Giving up those benefits can be costly. Don’t underestimate the difficulty that comes with having to wear many hats. While you may have been performing one or a few job duties at your old job, when you open a business, you will need to have the ability to complete any needed task, including hiring and firing employees, arranging contracts and relationships with vendors, and performing less glamorous jobs, like cleaning.