50 cent coin mechs in the future?

[bhfisher]

With the rising costs of goods sold, I'm thinking it might be time to start looking at updating vend price to 50 cents.  If you look at the vend size at 25 cents, it's only about 4 to 5 pieces of M&M peanuts for example (if you are trying to keep your COGS below 25%). 

 

So I'm thinking if I move to 50 cent mechs and vend more product might give the buyer a sense of "more product for the money" and more profit for me.

 

I don't know, just thinking out loud here.

 

Bart

[adog]

I already see it happening in some of the malls around here with the more expensive candies such as Reese's Pieces. I think a good way to slow transition is to find some stickers that say twice the amount/ big handful and double the size for awhile and then slowly lower back to 6-7.

[antoniocinisi]

is it worth the time and hassle to increase portions and then lower them again?I would say keep it at 6-7 per vend.

[Makes Cents]

With the rising costs of goods sold, I'm thinking it might be time to start looking at updating vend price to 50 cents.  If you look at the vend size at 25 cents, it's only about 4 to 5 pieces of M&M peanuts for example (if you are trying to keep your COGS below 25%).

So I'm thinking if I move to 50 cent mechs and vend more product might give the buyer a sense of "more product for the money" and more profit for me.

I don't know, just thinking out loud here.

Bart

For candy I think the perceived value of .25 cent price point will result in more sales than switching to .50 cents. They can always put another quarter in for another handful.