Tips to Increase Income from a Vending Machine Business
Vending machines are now easy to find in Indonesia, especially in big cities such as Greater Jakarta, Bandung, Surabaya, Bali and other big cities. Vending machines are currently one of the most attractive business options, with a low investment value that can be an additional income for those who want to try starting a vending machine business. Vending machines generally benefit from selling products inside the machine. However, in fact there are still many sources of income that can be obtained apart from product sales. If you want to increase your income from vending machines, we will provide tips in this article.
1. Choose the right location
Location is a vital component in the vending machine business. A strategic location really helps you in getting as many sales as possible on the vending machine. You can place vending machines in public places such as: tourist attractions, hospital malls, offices, sports centers, apartments, schools and campuses. If you already have a location, but don't have a vending machine, you can visit this page Mitra Lokasi
2. Determine the Product & Selling Price
After you determine where you want the right location for your vending machine, then you have to determine what product you want to sell at the vending machine and what the selling price is. For example: you want to sell children's toys in one of the malls in Jakarta, you can determine a high enough selling price for the product, it's different if you sell children's toys at the terminal, maybe you have to lower the selling price of the product a little so that customers are interested in choosing your product.
3. Placing an ad on the Vending Machine
If you have a vending machine in a good location and good sales, it's possible that your vending machine will be scrutinized by big brands and want to try placing ads on your vending machine. You also get income from advertising rentals paid by these brands. With Smartven's vending machine, you can place ads on the body sticker and the vending machine's LED screen. However, if you are someone who wants to advertise on vending machines, you can visit this page to get more information about Advertising Partners
The methods above can provide extra benefits from vending machines, now it's just a matter of how you determine which is the best and most appropriate way for your circumstances and situation. If you have questions about the vending machine business, you can schedule a consultation with our vending experts.
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