Hi everyone,

I am new to vending machine bz(really enjoying it), and I got one machine. Its a 10 snack selection and 5 soda. It accepts coins and is operating pure mechanical except for the refrigerant. It is located on a pediatrician office, seeing patients of 50/day from 9am-6pm, Which Means, People visiting the office runs from 100-175 a day, because patients are accompanied by parents, family members, legal guardians, etc. The vending machine is running for a month.

I set my price for all 4 of my sodas for $1 having no idea at first. I have a 75cents drink, its a lipton brisk ice tea(thinking that they have an option if they want something for a less price). Gross sales per week on soda is $25-30. While on snacks is $25-35. Combined is 50-65 Gross per week.

Question: I am thinking about this lately, should I lower all my sodas to 75cents? I was trying to weigh if the sales will increase by lowering the price? Does any of you have an experience of more increase in sales by lowering the price? If I am getting 25 dollars a week on the soda machine, Lowering it on a 75 cents will just give me $18.75, a $6.25 difference.

About my snacks.

I tried lowering the price for my chocolates.
(note * means item is selling good.)

snacks
M&Ms peanuts * - from $1 to 75cents (bought at 43 cents)
Hersheys almonds* - From $1 to 75cents - after lowering the price for this product, it seems that I am still getting the same average for sold products.
Reese chocolate peanut butter *- 75cents
crunch - 75cents
snickers - 75cents
Goldfish crackers * -75cents
Planters peanuts * - 50 cents

soda
Coke/pepsi *- $1
Mountain Dew* - $1
Diet coke/pepsi - $1 not selling good.
A/W rootber - $1 selling on the average
Lipton ice tea - 75 cents selling on the average


Question
- Between coke and pepsi which do you think will/is selling the most?
- same with dr pepper / A&W rootber?
- sprite? any thoughts?
- Sierra mist? any thoughts?




Any suggestions guys on how you price yours? and what items sells good on you. Any tips on how can i increase my sales?