Often I get contacted by people who are looking at getting started in the vending machine business but don’t know where or how to start. This is one of the biggest questions that I get even before they ask how do I find locations.

I will cover both things within this article. First getting started is very easy. I always tell people that even before they consider buying their first machine a critical step is to do your homework and research.

This way you can figure out what machines are the right ones to buy, how much they cost and really what direction you should be taking to make your vending business a profitable one.

As there are many vending machines out there on the market I personally only recommend a few main manufactures to use in your business. These machines that I recommend are very commonly used in the industry and have an excellent track record for reliability.

For starters I suggest starting with soda machines as they are very inexpensive to buy and have great potential for profit margins. You can buy a can of soda for as little as .30 cents and when soda is on sale you can get it for as little as .20 cents.

Next consider buying a snack machine that sells chips and chocolate bars. These are real good money makers as well. They are excellent profit generators and you can buy these machines used for a fairly good price. You just have to look around to find the right ones.

Often people always ask me what the best way is to find quality new vending locations to place their machines. For starters there are many ways to find locations. In fact when I first started in the business I just simply went door to door asking local businesses if I could bring in my machines.

This did work but it takes a considerable amount of time. Now what I always tell people is that using the internet to find new locations is the very best way. It is really all just about positioning yourself properly in front of your prospect.

The goal is to get your prospect to chase you instead of you chasing them. When you do it this way then you are seen as a credible source of contact and you will have better negotiating power to get your machines out on location.

It is far easier in my opinion to be the invited guest when people call you and invite you to their business for a meeting rather than being an annoying pest cold calling and banging on their doors for their business.

These are just a few ways to get started in the vending business to get your business of to a great start. Use this information to your advantage so you can avoid simple mistakes that a lot of people make before researching the business model that they want to venture into. Don’t forget the best part is that in vending you are your own boss and you can make your business as big or as small as you want it to be.

]]> http://myvendingsecret.com/vendingblog/?feed=rss2&p=111 http://myvendingsecret.com/vendingblog/?p=107 http://myvendingsecret.com/vendingblog/?p=107#comments Wed, 03 Feb 2010 02:28:36 +0000 chris http://myvendingsecret.com/vendingblog/?p=107 Interested in starting in the vending business? I will tell you that there is a very real opportunity for you to start making money in your local area in this incredible business.

Why do I say this? Well I used to be a Bus Driver and I worked 40 hours a week. Then a friend of mine introduced me to the vending business and I quickly realized after setting up my first machine that while I was only selling 3 cases of pop per week my profits were still around $50 bucks per week.

I simply thought to myself well what if I duplicate this 10 times over then I can replace my income working for the bus company. Think about what I just said there.

If I was to just get 10 more locations and make $50.00 per week from each machine then I would match my take home income at my full time job.

Isn’t that crazy. Well I did just that and here I am 11 years later and my Bus driving job is long gone.

The vending business is by far the easiest and most simple business to start and the profit potential is huge. Buy your beverages and snacks at wholesale prices and then turn around and sell your products for retail prices in your vending machines.

Chips and chocolate bars sell very well in vending machines and people love to buy them. Also setting up a pop machine is going to equal huge profits for you. You can buy pop on sale all of the time at different stores in your local area.

I just look in the weekly flyers that come to my home each week to see which store is having the sale. Then I go out and stock up on as much as I can.

Think about the potential when you have 5 – 10 machines out there making you money. Take a look at the example I used at the beginning of this article and you will see how easy it is to make money hand over fist in this business.

If you are considering starting your own vending business in your own local area my advice to you is to do your homework and conduct some proper research before buying your first vending machine.

Consider starting out with pop and snack machines because in my opinion they are the most profitable. They are easy to find for a good price and your profits will soar.

The homework that you do can end up saving you a lot of money and headaches down the road.

As 2009 comes to a close we look to the New Year ahead for a prosperous year.

I have really enjoyed teaching during the vending training calls that we have done together throughout the year and all of your questions that you had about the business.

I hope that I have helped you in some way to grow your business in 2009.

I just wanted to wish you and your family a very Merry Christmas and all the best in 2010.

Have a great time with your loved ones.

I look forward to the New Year and continuing to help you grow your vending business.

Feel free to leave a comment and share on my blog.

Thanks again,

Chris Robertson

www.myvendingsecret.com

Look really it’s not that hard at all! In fact it’s real easy to do.

I have been running a profitable vending service company for over 11 years now and in the beginning I started just by simply knocking on doors to get new business.

Today things are a little different as there are a few new ways to get locations and get started properly. It really depends on what type of vending that you want to get started in.

Are you looking at getting started in Bulk Candy vending? Well then there are locating companies out there that can help you find the locations to place your machines pretty easily.

If you are looking to make some bigger profits then I would suggest starting out with a few soda or pop machines first and then branch out into purchasing some snack vending machines.

Pop machines are great! You can buy your pop for as little as .30 cents and sell each can for $1.00. This equals some excellent profits especially when you have a few machines out there selling 2 – 3 cases per week in each machine.

Just think if you could set up a pop machine at a location and make $50.00 per week from each machine that’s $200 per month profit.

Well what if you have 10 machines out there making you $50 bucks per week? That’s $2000.00 per month!

It really comes down to simple math! And working the numbers and focusing your attention on getting new quality locations.

It’s the locations that are going to make you the money!

To your vending success,

Chris Robertson

www.myvendingsecret.com

Here is a strategy to utilize when you have a potential location that you don’t necessarily want to set up yourself. What I like to do is to broker deals for cash and vending machines. Now that you have implemented your free ad listings like we discussed in my Free Vending Report, and you start getting fresh new leads for your vending business, the next step is to obviously build your business by setting up new locations to definitely make you more money. But what about the leads that you get that are out of your working area, or perhaps those leads that you do not necessarily want to set up? What do you do with them?

Well, what to do is, you broker deals for cash and/or vending machines. You see, I get calls all the time from companies. If you have been in the vending business for any amount of time, you know that when people call you, you have to collect a lot of information, to try and find out their needs, what their circumstances are and think about how you will profit and make money.

Because ultimately you know, some of the companies who call you might be a little bit out of your area. You might prefer not to set them up for different reasons, because you just don’t want to do the driving, or the calls might be for services that you do not offer.

So let’s say it is a pop and snack vending contact and these companies say, ‘Oh, we want coffee, food, snacks, and pop, say the whole spectrum. Sometimes you may not want to set up an account with all of that vending equipment so instead of saying, ‘No, sorry, I don’t do that,’ what you do is broker deals for cash and/or vending machines by contacting other vending operators who you know are looking for locations in that area.

Usually what I do is contact other vending operators I already know. I have seen a lot of vending operators in places where I buy my products, wholesalers and stuff. But I don’t know all of their names. But I always have a few people I know who I can talk to in the business. Furthermore, I always have a few guys and girls who are looking for new locations and wanting to build their business in certain areas.

They know me from talking to me when I am buying products or when things come up. They know me and that I’m building my business; and they know that I’m doing a pretty good job of it. And they are always waiting for me and asking, “Hey, do you have any locations for sale, or do you have any leads you want to sell me because I’m looking for locations?” What I do is, if I ever need a machine or have a location that contacts me and they are out of my area, I will just simply contact one of these vending operators whom I just referred to. I usually have two or three. I find out if they are looking for locations, and I will call them to work the deal.

Nine times out of ten, they usually want it. The only time they would not want it is if it was, for example, out of their area. But here is the deal. Even if you don’t want to say, let’s say you flipped the location and sell it to them. You make money. What happens if they say, “Well, we don’t want it”. Well you already set up the location. What you do is put up an ad at one of your suppliers and say, “I have a location for sale.” And just flip it and sell it to make some money.

So it is a great way to actually make more money in your vending business. Therefore, if I need a machine, for example, there is a friend of mine in the business who is always looking for locations. He knows that I get a lot of locations. Furthermore, he is always telling me, “Hold it. I need one here. It sounds like your business is expanding and growing. You know I will buy some locations off you. Let me know if you have anything in this area.”

Chris Robertson is an 11 year vending operator who teaches and trains people  in their local area How To Start Your Vending Business Right. Get my Free Vending Report to learn how to get started on the right foot!

Check it out below

Click here to see my Calgary Vending Company Video!

Thanks,

Chris

Here is my latest video about getting started in the vending machine business.

So as many of you know who have joined me on any of my vending business training calls you would know that I totally promote the vending business and when it comes to people getting started that one simple route and way to get started is by setting up some pop machines to start.

This is by far the easiest and fastest way to get started without having to spend a fortune. So here are a few places to start looking for a pop machine to buy for a good price.

E Bay.com is a great place to start looking. You can find out alot about many different makes and models of machines. Once there simple make a list of the machines that are in your price range and try to locate sellers in your local area. If you cannot find any sellers in your area on e bay then check out kijiji.com

They are a great resource for finding machines, and even people selling machines that are already on a vending location .

Until next time!

Happy vending,

Chris Robertson

Your-Vending-Resource.com

Vending Machine Business - New Video’s Posted!

Feel free to enjoy this new video that I have posted about getting into the vending machine business.

I am sure that you will get alot out of it.

Make sure you subscribe to get access to my 20 Free Vending Business Video’s today!

Chris Robertson