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Dealing with the rising costs of products


JLM Vending

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The way things change so fast, as soon as I buy a DBA, I'll have to scrap it for some sort of wireless Google-wallet type of terminal that can read from smart phones.

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  • 3 weeks later...

Excellent information. However, it doesn't make a newbie like me feel too good knowing that i am building small charity candy routes that may soon be worthless. <img data-cke-saved-src="http://vendiscuss.net/public/style_emoticons/default/cry.gif" src="http://vendiscuss.net/public/style_emoticons/default/cry.gif" class="bbc_emoticon" alt=":" ('="">

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How many more years do you guys think it will take before the majority of bulk vending is electronic?

Majority? A long time. I would venture a guess at 20-30 years before even the little gumball machine in the corner is electronic.

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actually its the big guys that are keeping most of there 2 inch at 50 cents and their 1 inch at 25 cents. it most likely is because of them that product cost has been kept down, now Im talking primarily toy cost here but you mentioned the "big companies"

On the other hand 99% of candy vendors are part time charity vendors and they do not rely on vending as their main source of income. while candy keeps increasing in cost and profit margins get slimmer it's not a deal breaker for them. IMO the solution for candy vendors is to eliminate candy and only vend gum and toys. You can always provide candy for those "special" accounts.

As far as them offering pmm's in bulk for vendors they could care less that people are vending their product in machines. they are making way more money in their current packaging. packaging is key in their business, people dont think twice about paying around a dollar for a package of 8 or 9 pmm's but will complain at only getting that many out of a vending machine for a quarter.

I also think the long term fix for bulk vending is the dollar coin, that would jump us to a max of 4 dollars right off the bat.

I was wondering what larger companies were keeping prices down. Service Vending, Mitchell, Vend O Matic, Namco, Theisen Vending,Home Town, Sega and Coconi all large operators that are in area where I operate are at the .75 and .50 model. They may have a few that are not but overall they are. Jusr wondering which ones you have seen.

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  • 1 year later...

I think we'll be seeing more electronic based machines, like the All American Chicken and others, that have dollar bill acceptors and eventually credit/debit card readers. I think we'll see machines like this replacing traditional toy machines, and will probably see versions of it made for candy. Everything's becoming high dollar, go-big-or-go-home.

how can you put electronic devices on a single headed?

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not worth it

this is because a location that only justify 1 machine dont make enough to cover this cost

this is mainly for use in multpile machine setups, as places that will support these setups will make alot more.

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not worth it

this is because a location that only justify 1 machine dont make enough to cover this cost

this is mainly for use in multpile machine setups, as places that will support these setups will make alot more.

You lost me are you saying that a single machine making 150 on up is not worth it?

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You lost me are you saying that a single machine making 150 on up is not worth it?

if you have an account that makes 150/month on a single then its time to upgrade to a rack

then it the electronics might be worth it.

when he said single, i assumed that he was referring to the charity singles that make like 10 bucks a month.

Furthermore, i said "a location that only justify 1 machine dont make enough to cover this cost"

notice the "only justify"

that means a location the only supports a single, like the aforementioned example.

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  • 1 year later...

Can't 25c coin mechs be replaced with 50c mechs on the same machine? When we go from 25 to 50, there will be another era of prosperity, until inflation bumps us against 75c, right? Rinse and repeat--eventually a $5 coin for a bubblegum ball, eventually a $100 coin for a bubble gum ball--shouldn't matter. . . .

 

I have a feeling if much more inflation occurs, pennies will be eliminated at the same time dollar coins are introduced.

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