Does size really matter? We've all participated in those conversations. But what about gumballs?
I've often wondered if people buy the gumball because it is big? What if they had say, 2 smaller gumballs at a lower price? Which one would they choose?
I decided to find out for myself. I bought 6 chicklet wheels from Ebay that only vend 2 at a time. I bought some 1/2" gumballs and tried them in the wheel. Works perfectly. Every time.
I can get the 8500ct gumballs for $26.90 and I'm guessing the shipping would be about $14. So 40.90 for the box of 8500 pieces or 4250 vends. Cost per vend is almost exactly 1 cent. If I vend them for a dime that gives $425 gross per box. Net is 384.10 per box.
That's a hefty increase over what a box of 850ct will bring.
Now all I need are some .10 mech's and I'm ready to roll. Wait I already have them out in the garage in a box. I took them out of machines to put in a .25 mech's. So, I have everything I need.
So, does size really matter? We'll all find out in a month or two. Just hang on to those ten cent mech's. Somebody just may need them.
2/26/2011 Update
I have 1 machine out and should have another located within the week.
I've often wondered if people buy the gumball because it is big? What if they had say, 2 smaller gumballs at a lower price? Which one would they choose?
I decided to find out for myself. I bought 6 chicklet wheels from Ebay that only vend 2 at a time. I bought some 1/2" gumballs and tried them in the wheel. Works perfectly. Every time.
I can get the 8500ct gumballs for $26.90 and I'm guessing the shipping would be about $14. So 40.90 for the box of 8500 pieces or 4250 vends. Cost per vend is almost exactly 1 cent. If I vend them for a dime that gives $425 gross per box. Net is 384.10 per box.
That's a hefty increase over what a box of 850ct will bring.
Now all I need are some .10 mech's and I'm ready to roll. Wait I already have them out in the garage in a box. I took them out of machines to put in a .25 mech's. So, I have everything I need.
So, does size really matter? We'll all find out in a month or two. Just hang on to those ten cent mech's. Somebody just may need them.
2/26/2011 Update
I have 1 machine out and should have another located within the week.
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