TexasFreemason Posted March 11, 2013 Share Posted March 11, 2013 Has anybody tried to vend mm peanut butter? A new location requested Reese's pieces and my local sams ia sold out. Link to comment Share on other sites More sharing options...
A4family Posted March 11, 2013 Share Posted March 11, 2013 I don't know if you can find them cheap enough, the best I've seen is about .30 cents an ounce, not sure if you could make any money with them. Link to comment Share on other sites More sharing options...
TexasFreemason Posted March 11, 2013 Author Share Posted March 11, 2013 I bought 2 50-ounce bags for just under 10 dollars each Link to comment Share on other sites More sharing options...
A4family Posted March 11, 2013 Share Posted March 11, 2013 That works, was that a sale or regular price? I can't say I've seen that big a bag, where did you find them? Link to comment Share on other sites More sharing options...
TexasFreemason Posted March 11, 2013 Author Share Posted March 11, 2013 Sams Club. That was regular price. I'm brand new to vending and trying to rustle up new locations. I figured that it will cost around 10 cents per vend Link to comment Share on other sites More sharing options...
shepherdsflock Posted March 11, 2013 Share Posted March 11, 2013 Back to the original question, has anybody had any success with these? I have a location that used to sell Reese's Pieces like crazy but it has slowed down. I'm thinking about giving PB M&Ms a try. Link to comment Share on other sites More sharing options...
indiana Posted March 11, 2013 Share Posted March 11, 2013 Back to the original question, has anybody had any success with these? I have a location that used to sell Reese's Pieces like crazy but it has slowed down. I'm thinking about giving PB M&Ms a try. I don't know if I've seen any increased success with these over Reese's Pieces, but I picked up several big bags of red/white Peanut Butter M&Ms after Valentines' Day at a good deal, and they've been selling just as well. Link to comment Share on other sites More sharing options...
musser Posted March 11, 2013 Share Posted March 11, 2013 They are really good! But I dont know about vending. They dont hold up very well, I think its because there is a layer of chocolate between the coating and the center. Reeces hold up better. I suppose if you keep them always chilled they would be ok. I know that some places save energy by cutting back the ac in off hours and these mm peanut butter dont do well in anythink but cool ac. Link to comment Share on other sites More sharing options...
executivevending Posted March 12, 2013 Share Posted March 12, 2013 I use those and they're usually my top seller at both my hair salons and pretty even with my other spot that has reeese pieces. If there are a lot of girls at your location i'd give it a shot Link to comment Share on other sites More sharing options...
TexasFreemason Posted March 12, 2013 Author Share Posted March 12, 2013 That is good because the location they will be is a salon. Link to comment Share on other sites More sharing options...
nubianqueen Posted June 22, 2013 Share Posted June 22, 2013 Yes, they vend well! I vend 7-8, each vend. Link to comment Share on other sites More sharing options...
VendingExperts Posted June 23, 2013 Share Posted June 23, 2013 Yes, they vend well! I vend 7-8, each vend.Wow! That makes your COG like .14-.15! After 25% commission only .04-.05/ vend is left over!Do you vend at .50? Link to comment Share on other sites More sharing options...
nubianqueen Posted June 23, 2013 Share Posted June 23, 2013 It is never best to assume. I vend at .25 cents, I do not pay commission. Wow! That makes your COG like .14-.15! After 25% commission only .04-.05/ vend is left over!Do you vend at .50? It is never best to assume. I vend at .25 cents, I do not pay commission. Link to comment Share on other sites More sharing options...
VendingExperts Posted June 23, 2013 Share Posted June 23, 2013 It is never best to assume. I vend at .25 cents, I do not pay commission.Your right! There was not assumption in my statement. But an example and a question.It's still true to say that .14-.15/vend COG is high! And that only leaves .10-.11/vend with no commission. Link to comment Share on other sites More sharing options...
treadmill Posted June 23, 2013 Share Posted June 23, 2013 Your right! There was not assumption in my statement. But an example and a question. It's still true to say that .14-.15/vend COG is high! And that only leaves .10-.11/vend with no commission. That's allright. We will just wait around for your machines to be put on the classified section when you have had enough of not making the bigger bucks some of us are getting. Tick. Tick. Tick. Link to comment Share on other sites More sharing options...
VendingExperts Posted June 23, 2013 Share Posted June 23, 2013 That's allright. We will just wait around for your machines to be put on the classified section when you have had enough of not making the bigger bucks some of us are getting. Tick. Tick. Tick.I wasn't trying to be condescending, or presumptuous. I was simply interested in his business model and was only asking if he was vending at a higher cost.The items that I vend are GB's, Skittles, Peanut M&M'S, and BB's. My average COG is .054 per vend. I also feel that the cost of PMM's at the cost of .08 for 5 pieces or .5oz is high at 32% COG. Yes they are a decent seller therefore I do sell them. However if Peanut Butter M&M's COG for 7 or 8 pieces is .14-.15 that's 56-60%. Everyone on the forum would agree that there are ever increasing smaller profit margins in this business and every penny counts. Peanut Butter M&M's would have to sell 2 to 1 compared to PMM's to make the same profit as selling PMM's instead. I could be wrong but I don't feel that there is that much demand for them. We are all see things differently. However I am part of this forum because we all help and encourage each other, not criticize people. Treadmill my machines won't be in the classified section for quite sometime, I am rapidly growing and enjoy the profits that I am making. I was always told it doesn't hurt to ask questions, I am a mathematical person so if I use numbers to help me explain or to help someone to answer my question, I am not being critical in doing so. Have a Great Day! Link to comment Share on other sites More sharing options...
nubianqueen Posted June 23, 2013 Share Posted June 23, 2013 I wasn't trying to be condescending, or presumptuous. I was simply interested in his business model and was only asking if he was vending at a higher cost. There you go again! Assuming I am a guy. -SMH- Link to comment Share on other sites More sharing options...
VendingExperts Posted June 23, 2013 Share Posted June 23, 2013 There you go again! Assuming I am a guy. -SMH-Blush! My apologizes. Smile! Link to comment Share on other sites More sharing options...
Action Vending Posted June 23, 2013 Share Posted June 23, 2013 Do you want some cheese to go with your wine nubian? BTW that is a question not an assumption i hope that is okay. Link to comment Share on other sites More sharing options...
Cloudedjourney Posted June 26, 2013 Share Posted June 26, 2013 All I know is Peanut butter MMS are damn good, and you don't see em in vending machines where i live that often. Might be a draw for some of those almost customers. Let us know how it works out, and how they hold up over time. What about MM pretzels? those are actually really good too..but not sure if they would be as popular. Link to comment Share on other sites More sharing options...
nubianqueen Posted June 26, 2013 Share Posted June 26, 2013 I wasn't trying to be condescending, or presumptuous. I was simply interested in his business model and was only asking if he was vending at a higher cost. The items that I vend are GB's, Skittles, Peanut M&M'S, and BB's. My average COG is .054 per vend. I also feel that the cost of PMM's at the cost of .08 for 5 pieces or .5oz is high at 32% COG. Yes they are a decent seller therefore I do sell them. However if Peanut Butter M&M's COG for 7 or 8 pieces is .14-.15 that's 56-60%. Everyone on the forum would agree that there are ever increasing smaller profit margins in this business and every penny counts. Peanut Butter M&M's would have to sell 2 to 1 compared to PMM's to make the same profit as selling PMM's instead. I could be wrong but I don't feel that there is that much demand for them. We are all see things differently. However I am part of this forum because we all help and encourage each other, not criticize people. Treadmill my machines won't be in the classified section for quite sometime, I am rapidly growing and enjoy the profits that I am making. I was always told it doesn't hurt to ask questions, I am a mathematical person so if I use numbers to help me explain or to help someone to answer my question, I am not being critical in doing so. Have a Great Day! Yes, I counted it, and you make your money back times two. I pay around $10 a bag and make $30.00- $30.50 vending 7-8 each vend. Link to comment Share on other sites More sharing options...
nubianqueen Posted June 26, 2013 Share Posted June 26, 2013 All I know is Peanut butter MMS are damn good, and you don't see em in vending machines where i live that often. Might be a draw for some of those almost customers. Let us know how it works out, and how they hold up over time. What about MM pretzels? those are actually really good too..but not sure if they would be as popular. I have also vended the M&M Pretzels. Those were a great seller for me but I had to discontinue. They did NOT vend well! The shells cracked off, making the candy not appealing. Link to comment Share on other sites More sharing options...
orsd Posted June 27, 2013 Share Posted June 27, 2013 gee, 30% something cogs, thats good for full line, but horrible for bulk. try to get around 25% cogs or less Link to comment Share on other sites More sharing options...
VendingExperts Posted June 27, 2013 Share Posted June 27, 2013 Yes, I counted it, and you make your money back times two. I pay around $10 a bag and make $30.00- $30.50 vending 7-8 each vend.As long as your happy is all that ultimately matters.Apples to Apples comparison...... On avg each PMM weighs .1 oz per M&M 56oz bag of Peanut Butter M&M's $10 Vending 8 PBM&M's per quarter would equal 70 vends per bag or $17.50 in quarters Since you made $30.00 in quarters that means you sold 2 bags of product. $30.00 net sales minus $20.00 product cost = $10.00 profit and 66.7% COG The serving size for PMM's is .5 oz Therefore I vend 5 PMM's per quarter. Vending 5 PMM's per quarter equals 112 vends per bag or $28.00 in quarters. In the same scenario I would have sold just over one bag. $30.00 in sales minus $10.71 product cost = $19.29 in profit and 36% COG The second scenario brings in twice as much product for 1/2 the amount of product. You have to look at the big picture! I hope this helps. But again we all run our business's differently so what ever your happy with is what counts, but you have to look at the numbers. Link to comment Share on other sites More sharing options...
nubianqueen Posted June 27, 2013 Share Posted June 27, 2013 As long as your happy is all that ultimately matters. Apples to Apples comparison...... On avg each PMM weighs .1 oz per M&M 56oz bag of Peanut Butter M&M's $10 Vending 8 PBM&M's per quarter would equal 70 vends per bag or $17.50 in quarters Since you made $30.00 in quarters that means you sold 2 bags of product. $30.00 net sales minus $20.00 product cost = $10.00 profit and 66.7% COG The serving size for PMM's is .5 oz Therefore I vend 5 PMM's per quarter. Vending 5 PMM's per quarter equals 112 vends per bag or $28.00 in quarters. In the same scenario I would have sold just over one bag. $30.00 in sales minus $10.71 product cost = $19.29 in profit and 36% COG The second scenario brings in twice as much product for 1/2 the amount of product. You have to look at the big picture! I hope this helps. But again we all run our business's differently so what ever your happy with is what counts, but you have to look at the numbers. No, this is from 1 bag. I physically counted it, 1 by 1. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.