Honor Boxes

[rjpapageorgio]

Can anyone tell me what the average rate of theft is for Honor boxes?  I read online that it's 20%-30%, but my gut tells me that it's probably more like 50%.  I'm referring to the snack kind like this:

http://www.calvending.com/honor.html

RJ

[caserri]

RJ,

Unfortunately I don't have any hard facts but I would have to agree with your gut. I cant see the theft rate being any lower than 50%. I'm not saying they can't be profitable in the right location but there must be a significant markup to be able to absorb the shrink.

Steve

[AmuseStar Vending Co]

RJ, why not try the smaller mint boxes. Here is me take: People will say "Hmm, I'll just pay latter, after all I'm here all the time". They will forget.

With MINT BOXES you are loosing 1 cent with ever stolen mint. If some one only puts 1 cent it the box and takes a mint, you are not in the hole. If someone puts .50 in the box, and takes a mint, they have paid for 49 stolen mints. You WILL not go in the hole with mint boxes, as you will with snack boxes.

[CraigMc]

Honor Box is a misnomer. You might as well put up a sign that says free snacks. That is exactly what it will become. There is no honor left in this world.