Have you ever wondered what the type of vending machine is currently on high demand in the UK? It’s soda vending machines, commonly found outside shopping malls, bus stations, grocery stores, and other public venues. This shows that soda vending machines is a real goldmine for many UK entrepreneurs. Lots of people prefer drinking soda to any other type of cold or hot drink, and they don’t like to go into the store and wait in line just to get a can for their lunch. To them, soda vending machine can come as a blessing.
Types of soda vending machines
Currently there are two types of soda vending machines used. The most popular one is where a customer deposits his money and then select the type of drink he wants. The drink then rolls out of a slot and can be taken through delivery door. The other kind is the one still used in most of the newspaper vending machines. Here the buyer deposits his money to unlock the door to the whole drink selection. Both are excellent devices, but the former is perhaps safer as using the latter means leaving he matters to the customer’s conscience. This is not of a problem in most offices but can cause grave revenue loss in public places as soda vending machines attract more attention compared to the newspaper vending machines using the same mechanism.
These machines have a number of advantages making them a product worthy to invest in.
Benefits for entrepreneurs
It is not only consumers who get the maximum benefits of having quality drinks available but soda vending machine owners as well. The owner has a full control and hold of the profit as he is highly involved in operating the machine. Running the machine is the owner’s own responsibility, and any occurring problem is all his worry. For instance, the owner is highly involved in managing supplies and marketing along with repair and maintenance. Of course this doesn’t mean you need to do it all on your own. Usually some or most of these chores can be ordered to be carried out by the company you bought the machine from. If you are planning to expand your vending machine business in the UK, purchasing a soda vending machine, either a used or a new one, can be advantageous. A machine can be purchased at any budget level, depending on the entrepreneur’s willingness to spend. This type of business does not require working like on a usual dayjob with early mornings and business attire.
Make money easily
The soda vending machines are considered one of the simplest ways of making money in the UK. Their entrepreneurs provide people with a range of beverages such as soda, bottled water and juice. The strategic locations must be determined before placing the machine as location is one of the essential things to consider in order to make money off of vending machines.
Free soda vending machines
Soda bottling companies in the UK are inclined to provide free soda vending machines. They will however require the entrepreneur to sign a contract denoting that all the supplies must be purchased exclusively from them. This can be quite a nuisance as entrepreneurs might find their profit margin reduced because of this. Buying from different companies might get discounts or even free soda if buying in bulk for UK entrepreneurs. Buying from one company, the entrepreneur will have to pay full charges. Therefore we advise you to consult the experts before making the final decision.
New vs. used soda vending machines
Buying the used, or refurbished, as they are called by the industry insiders, soda vending machines can also be worthwhile for UK entrepreneurs as it can increase profit margins. A refurbished vending machine can save them as much as 50% of the cost of a new one. As this leaves you with more money, you are not pressed to sign a contract with a particular drink provider and stay free to purchase soda from wherever you get the best bargain. You can also purchase from the wholesalers who are often willing to sell soda at prices lower than those of a supermarket. By restocking in this way, UK entrepreneurs can make higher profits. It is also important to place your soda vending machine in the busiest areas thus maximizing the sales.
Coke vending machines
As various types of coke are among the most popular sodas in the UK, vending it might prove a good solution for any business or office looking for refreshment in they daily routine without the need to stand in line or wait for a store clerk to return from his everlasting “Be back soon” break. With coke vending machine, you just slip in a coin and voilà – you just got yourself a delicious drink without any hassle at all.
These machines usually come from a soda production company, meaning they will have a special design and only sell the company’s production. This means you get the machine and full service for free but are obliged to buy drinks from the company regularly according to the contract. What you can choose in this case is whether the machine should be solid-front or glass-front. On the one hand, buyers like to see the actual product. On the other hand, what is there to see if the coke vending machine sells Coca-Cola or Pepsi only?
This also means that if half of your clients love Coca-Cola and other half drinks only Pepsi, you will need two coke vending machines to reach maximum profit.