are you guys notice gas keep rising up everyday? do u guys increase your soda ,candies,cookies etc.is it reasonable if I can increase my item too to compensate our gas..
I'm selling right now. soda in can :.65 going to .75
cookies .90 going to .95
candies .80 going to .85
is it reasonable price?any inputs or suggestion I really appreciate.what do u guys sell for this price?or other item.thanks .
9 replies to this topic
#2
bcron
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Posted 06 June 2008 - 07:48 PM
I haven't compensated for gas yet. The prices sound a little high to me for now, but then again, that can be a regional thing. I have noticed lately that chocolates have gone up over the last month or two. I'm trying to hold out on raising those until I see what the competition is doing.
#3
Vending_General
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Posted 10 June 2008 - 11:03 AM
are you guys notice gas keep rising up everyday? do u guys increase your soda ,candies,cookies etc.is it reasonable if I can increase my item too to compensate our gas..
I'm selling right now. soda in can :.65 going to .75
cookies .90 going to .95
candies .80 going to .85
is it reasonable price?any inputs or suggestion I really appreciate.what do u guys sell for this price?or other item.thanks .
I actually find that to be very reasonable, I wish your vending machines were at the hockey rinks I play at. They are starting to charge 1.00 for regular candy, up to 1.25 for a bag of chips, up to 1.75 for gatorade and 1.25 for a bottle of soda.
#5
clvending
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Posted 11 June 2008 - 07:01 AM
Prices for pop at Sam's Club has not changed. I am charging .60 for pop. Candy prices have increased from .08 - .10. I am planning on increasing my candy prices to .85. My chip/snack prices are .75.
I do not want to increase my prices too much. Do not want to decrease my volume sales.
Lee
I do not want to increase my prices too much. Do not want to decrease my volume sales.
Lee
#6
djpvending
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Posted 11 June 2008 - 11:28 AM
I am certain you need to keep your prices in pace with what is happening. we live in an economy where everything is affected by pump prices. although at the moment a product cost may seem stable, it is only a matter of time until its affected. Explaining to a reasonable customer contact that its not just fuel in your vehicle, its also the effect it is having on all products you offer should not shock them. actually with all the publicity fuel prices is getting its an oppotune time to discuss it with clients
#7
bhunso
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Posted 11 June 2008 - 04:39 PM
lee, if u are increasing some snack or candy etc. are you giving notice to your clients? days or weeks? or post it to your vending machine or just just increase it not knowing them..
#8
clvending
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Posted 11 June 2008 - 07:57 PM
lee, if u are increasing some snack or candy etc. are you giving notice to your clients? days or weeks? or post it to your vending machine or just just increase it not knowing them..
I will plan on informing them that I will be raising prices on some items. I have an agreement to keep prices for a year. That year is up at the end of the month. I will give them 30 day notice before I raise prices. The issue is that candy costs are 40-45 cents each. My price is currently 75 cents. I could leave prices at my current levels and live with a lower profit margin.
I would be interested to know what are others doing in these changing times.
Lee
#9
andyflynn
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Posted 24 June 2008 - 01:21 PM
I'd suggest letting them know before you raise the prices. I think it is right to raise the prices now. If you have a 20+ vending route, typically they are not located that close together so you are going to be doing some major driving to service these machines. I think a price increase with the $4+ price of a single gallon of gas. May be time to invest in a hybird 
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#10
C & J Enterprises
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Posted 25 June 2008 - 09:58 PM
I will plan on informing them that I will be raising prices on some items. I have an agreement to keep prices for a year. That year is up at the end of the month. I will give them 30 day notice before I raise prices. The issue is that candy costs are 40-45 cents each. My price is currently 75 cents. I could leave prices at my current levels and live with a lower profit margin.
I would be interested to know what are others doing in these changing times.
Lee
If you leave your prices at 75 cents you could maybe attract some bigger clients. Pull machines from the lowest grossing customer and bring that machine to a better location. If a machine makes more money it will make up for that 5 cent difference with volume. Just a thought...
C&J
