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JLM Vending

Member Since 21 Aug 2012
Offline Last Active Aug 26 2012 12:37 PM
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Topics I've Started

The key to vending is to be fearless

25 August 2012 - 12:12 AM

As the saying goes... ''Just do it.''

I have went through adversity getting into this business. I have spent several thousands of dollars on U turns and ended up with a plethora of dissapointments.

But I just know that vending is a valuable avenue to have for any serious entrepeneur.

After all those times, I never quit. I wasn't even comfortable when i started. But through perseverance, I stuck it out. I have over 100 heads and plan to have 100 machines within the next few months.

The key is play the numbers. Through the numbers, you will find the golden nuggets.

Singles are better than triples overall

25 August 2012 - 12:06 AM

The benefits of using singles:

- You can upgrade to a double very easily. You can even upgrade to 3 singles on a stand.

- You can even use them on a counter. Counter or stand.

You cannot do these things with a triple, a u turn, or a terminator. You are stuck with either 3, 4 or 8 products. Your business is not very flexible. But by using singles, you can add another head, you can even have 2 double machines. But you probably won't even need that.

Other benefits

Much less product cost
Less products to service, faster service time
Less complications, less inventory to keep track of
More profit
Cheaper machines

How much money do the donation boxes make?

22 August 2012 - 07:13 PM

If you were to start a charity based money generating activity, how much are usually placed in those little boxes?