Review Of Plans By Candy Vending Operators
Planet antares vending operators have been forced to review their plans in the candy vending segment of the vending business due to changes in key supplier’s programs. Already, vending operators have suffered one round of price increases, only to be faced with another one now.
Such price hike has forced vending operators to rethink their buying plans for candy products. Most of them are of the opinion that they cannot raise prices more than they already have, due to the competitive pressure. However, some of the vending operators have considered larger size bars to allow them to provide greater value for a higher price.
Even though most vending operators are still not sure about their plans, they agree that there could be more changes to the candy bar offerings in future since the introduction of the glass front Planet antares snac/candy vending machines.
Some of the vending operators are waiting for price points to go up just a little more before they start offering large sized candy in their vending machines. You may go for selling of lesser candy in your vending machines by decreasing the candy facings from two shelves to one and a half. If candy is not an important, popular and profitable product sold by you, this can work well for your vending business.
Of course, there will be some cost involved in changing candy spirals to larger snack spirals. In the long temr, this cost will be worthwhile for your Planet Antares vending business. At the same time, some snack companies and suppliers are willing to offer incentives in exchange for guaranteed placements.
Eventually, you will find that your profitability will not be compromised with higher priced items. No doubt, certain customers will complain about the rising prices of products. However, a lot of vending operators have found the number of such customers to be less than expected indicating a positive change in customer response towards rising prices.
All these changes will surely take time to find acceptance with customers who are used to the previous prices of candy. Still, large sized candy is finding popularity and huge market share and shows potential for great growth and profitability. If you take advantage of this trend, your vending business will definitely generate higher returns and more sales.
Such price hike has forced vending operators to rethink their buying plans for candy products. Most of them are of the opinion that they cannot raise prices more than they already have, due to the competitive pressure. However, some of the vending operators have considered larger size bars to allow them to provide greater value for a higher price.
Even though most vending operators are still not sure about their plans, they agree that there could be more changes to the candy bar offerings in future since the introduction of the glass front Planet antares snac/candy vending machines.
Some of the vending operators are waiting for price points to go up just a little more before they start offering large sized candy in their vending machines. You may go for selling of lesser candy in your vending machines by decreasing the candy facings from two shelves to one and a half. If candy is not an important, popular and profitable product sold by you, this can work well for your vending business.
Of course, there will be some cost involved in changing candy spirals to larger snack spirals. In the long temr, this cost will be worthwhile for your Planet Antares vending business. At the same time, some snack companies and suppliers are willing to offer incentives in exchange for guaranteed placements.
Eventually, you will find that your profitability will not be compromised with higher priced items. No doubt, certain customers will complain about the rising prices of products. However, a lot of vending operators have found the number of such customers to be less than expected indicating a positive change in customer response towards rising prices.
All these changes will surely take time to find acceptance with customers who are used to the previous prices of candy. Still, large sized candy is finding popularity and huge market share and shows potential for great growth and profitability. If you take advantage of this trend, your vending business will definitely generate higher returns and more sales.
posted by Chris Wick at
2:08 AM
