TKK Posted April 2, 2013 Share Posted April 2, 2013 when 120z coke cans are now a dollar. thats crazy, i really wish i could raise my prices, last week even though gas went up alot, coke and pepsi came down. a 24 case is 5.98 for coke and pepsi products here. Link to comment Share on other sites More sharing options...
orsd Posted April 2, 2013 Share Posted April 2, 2013 "save money live better..." ya right but the guy that does the parks in my area already charges .90 for cans for a while already Link to comment Share on other sites More sharing options...
TKK Posted April 2, 2013 Author Share Posted April 2, 2013 With .25-.30 a can that's a 25-33% cog Link to comment Share on other sites More sharing options...
Sparta_Automation Posted April 2, 2013 Share Posted April 2, 2013 I have been at .85 since 2010........I didn't think it would hit $1 for a can, that is crazy. However if I could get it, I would certainly charge it Travis Link to comment Share on other sites More sharing options...
CajunCandy Posted April 2, 2013 Share Posted April 2, 2013 At .85 it would drain out nickle slot on coin mech, I guess the best thing is go straight to $1.00! If only they would bye it here! mike Link to comment Share on other sites More sharing options...
donut Posted April 2, 2013 Share Posted April 2, 2013 I've been at $1 per 12 oz can since I started in 2011. At the local convenience store its $.86 with tax and CRV. I charge the extra $.14 for the convenience. Never had an issue yet... Link to comment Share on other sites More sharing options...
AZVendor Posted April 2, 2013 Share Posted April 2, 2013 The high price machines will almost always be in public locations with transient traffic. Think of hotels, bus and train stations, and from the looks of this machine just outside a public building of some kind. Competition is always what the market will bear. If you are in an employee-only environment you probably aren't going to charge $1, but outside where you don't know who the customer will even be and especially if there's no other nearby competition, or if you are just ballsy, it can be $1 or even $1.25 as I've seen in local hotels. Link to comment Share on other sites More sharing options...
TKK Posted April 2, 2013 Author Share Posted April 2, 2013 This was outside a Wal-Mart Link to comment Share on other sites More sharing options...
dogcow Posted April 2, 2013 Share Posted April 2, 2013 The high price machines will almost always be in public locations with transient traffic. Think of hotels, bus and train stations, and from the looks of this machine just outside a public building of some kind. Competition is always what the market will bear. If you are in an employee-only environment you probably aren't going to charge $1, but outside where you don't know who the customer will even be and especially if there's no other nearby competition, or if you are just ballsy, it can be $1 or even $1.25 as I've seen in local hotels. yeah my hotel and laundromat machines are at $1 Link to comment Share on other sites More sharing options...
TKK Posted April 2, 2013 Author Share Posted April 2, 2013 Is that because you pay high comissions? Link to comment Share on other sites More sharing options...
cashman Posted April 2, 2013 Share Posted April 2, 2013 Just Fyi in Canada that same drink will sell for $1.25-1.50 all day long no such thing as a $ soda around here Link to comment Share on other sites More sharing options...
dogcow Posted April 2, 2013 Share Posted April 2, 2013 Is that because you pay high comissions? 15-20% comm ,my base price is $0.75 /ea, i bumped some locs up to .80 Link to comment Share on other sites More sharing options...
CajunCandy Posted April 2, 2013 Share Posted April 2, 2013 I have only one machine at a $ because I have to travel 25+ miles just to service it and the location don't mind. mike Link to comment Share on other sites More sharing options...
donut Posted April 3, 2013 Share Posted April 3, 2013 I pay 5% commission or $20 for the electricity for the machine (that way the customer isn't out any money since the machine only uses around $18 per month in electric)... Seems to work for me Link to comment Share on other sites More sharing options...
orsd Posted April 3, 2013 Share Posted April 3, 2013 I don't vend yet, but I was at Costco today and did some math. Product from Costco: .25 Sales tax when you buy:.02 CRV deposit(I'm from CA):.05 Sales tax when you sell: .06 Total: .39 COGS, not counting commission, labor, or gas. But, if you have commission, then 10% of .75 = .7 1/2 20% = .15 so if you have 20% commission, your cost is .54-and that doesn't include gas, labor, etc. I think 1.00 is the way to go if I ever do full line. Link to comment Share on other sites More sharing options...
moondog Posted April 3, 2013 Share Posted April 3, 2013 I don't vend yet, but I was at Costco today and did some math. Product from Costco: .25 Sales tax when you buy:.02 CRV deposit(I'm from CA):.05 Sales tax when you sell: .06 Total: .39 COGS, not counting commission, labor, or gas. But, if you have commission, then 10% of .75 = .7 1/2 20% = .15 so if you have 20% commission, your cost is .54-and that doesn't include gas, labor, etc. I think 1.00 is the way to go if I ever do full line. Coke products are really cheap just now as they normally run around 30 cents a can at Costco. On the other hand, Pepsi and 7up products average about 26 cents a can. Obviously, everybody in this area is really stocking up on Coke right now. To rework your math a little, I'm currently paying .25 plus .05 crv plus .06 tax = .36. I have a resale license which is required by the state so i don't pay the .02 tax upfront. At a 75 cent sell price I'm doubling my money. Servicing soda machines is easy money considering you can load 12 cases an hour on a good machine and probably clear north of $100. Donut only does soda machines and this is a sweet setup for somebody getting into vending. Things start getting much more complicated when you do snack machines as well, but if you want the higher grossing soda accounts, they always want a snack machine. There's a pinned post at the top of this forum that discusses "cost of servicing" in detail. For most of us, our COS will hover around $20 per location or $10 per machine if you're doing the typical soda and snack account. Link to comment Share on other sites More sharing options...
reel Posted April 3, 2013 Share Posted April 3, 2013 Here in Australia for most operators its cheaper to buy Coke cans from the major supermarkets as most weeks they tend to be on promotion at one of the supermarkets who retail them for between 62 cents and 72 cents per 375ml can. Most vending operators here will sell them in a vending machine for between $1.20 to $1.60 per can including tax and sometimes inclusive of rebate depending upon the individual location. Rebates are usually 10 cents per item sold or 10% of gross sales. Link to comment Share on other sites More sharing options...
TKK Posted April 3, 2013 Author Share Posted April 3, 2013 whats a crv deposit? here in texas we dont have a state sales tax either. plus with a resell certificate=no tax. funny hpw i saw this $1 machine yesterday and today i bought a route with cans at $1 lol Link to comment Share on other sites More sharing options...
orsd Posted April 3, 2013 Share Posted April 3, 2013 Crv is a fee you pay when you buy containers of drinks. You get it back when you turn the cans in for recycling, but since the cans are being vended, you won't be getting them back to recycle. So, for vendors in California, it's basically another fee. Link to comment Share on other sites More sharing options...
mission vending Posted April 3, 2013 Share Posted April 3, 2013 whats a crv deposit? here in texas we dont have a state sales tax either. plus with a resell certificate=no tax. funny hpw i saw this $1 machine yesterday and today i bought a route with cans at $1 lol What are you smokin? Yes, we do have have a sales tax here and a resale certificate does not relieve you of the responsibility and obligation to pay your sales taxes it merely allows you to buy without paying sales tax at the register and paying all that YOU OWE at once. Oh yeah, I forgot you are running your business off the grid and not paying the taxes that you should be Link to comment Share on other sites More sharing options...
donut Posted April 4, 2013 Share Posted April 4, 2013 I don't buy at Costco as I find it more expensive than Safeway (buy 2 12 packs, get 2 free) or CVS pharmacy. My total cost per can runs for Safeway around .32 with tax and CRV Link to comment Share on other sites More sharing options...
treadmill Posted April 4, 2013 Share Posted April 4, 2013 It's going to catch up to him sooner or later if he's not paying the sales tax. The state doesn't play around. Link to comment Share on other sites More sharing options...
TKK Posted April 4, 2013 Author Share Posted April 4, 2013 I meant state income tax. When I did the income tax t states Texas doesn't have that. I have no crv cost, and I am paying taxes Link to comment Share on other sites More sharing options...
moondog Posted April 4, 2013 Share Posted April 4, 2013 I don't buy at Costco as I find it more expensive than Safeway (buy 2 12 packs, get 2 free) or CVS pharmacy. My total cost per can runs for Safeway around .32 with tax and CRV Yeah, I see those deals down here too but I'm doing 200 cases (32/36 packs) a month which is just about killing me now. I'm starting to see why people pay the premium through the bottlers - but I'm too frugal (cheap) to pay those prices just yet. If I went to go to 12 packs it would be the final straw. Link to comment Share on other sites More sharing options...
TKK Posted April 4, 2013 Author Share Posted April 4, 2013 Moondog what do u use to service Link to comment Share on other sites More sharing options...
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