I want to make sure that I don't overprice but don't underprice myself on this hotel account. I plan to offer them 10% commission and thats it. No higher! I sell chips at .50 and pland to sell for .60. Thats not a problem but are my prices for candy,pastry, and snacks to high? Candy .85, Pastry.90, and snacks .75? What would you do?
Hotel Commission Questions
Started by The Vending Guys, Mar 20 2008 04:46 PM
2 replies to this topic
#1
Posted 20 March 2008 - 04:46 PM
#2
Posted 20 March 2008 - 05:53 PM
I want to make sure that I don't overprice but don't underprice myself on this hotel account. I plan to offer them 10% commission and thats it. No higher! I sell chips at .50 and pland to sell for .60. Thats not a problem but are my prices for candy,pastry, and snacks to high? Candy .85, Pastry.90, and snacks .75? What would you do?
I believe your prices are reasonable. What kind of hotel? Is a Mariott or a Motel 6? Check out hotels in the area. See what they are charging. That should give you a good idea of where to set your prices.
Good Luck!!
Lee
#3
Posted 22 March 2008 - 07:06 PM
I would be reluctant to take a hotel. Too many of them want a machine on every floor and there's not likely to be much traffic. I don't know... maybe you're putting a single snack machine in a common area on the main floor? Even with that, I wouldn't antipate getting much business out of it. Especially with having to charge higher prices because of having to pay a commission (even though your prices are fair, a lot of customers won't buy snacks they perceive as too expensive).
How many machines are you placing there, and what kind of traffic are you expecting?
How many machines are you placing there, and what kind of traffic are you expecting?