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Thursday, October 23, 2008

Slow Pace Of Investment Among Vendors

In the vending industry, automatic merchandising remains at the bottom of a ladder, ready to climb but barely moving. In recent years, the automatic merchandising industry’s revenue increased by 3 percentage points.

Such a scenario makes it obvious that the vending industry will continue to remain challenging unless the participants become more aggressive about investing in technological tools.

Planet Antares Inc offers a variety of tools for improvement of sales and profitability. These tools exist to enhance the efficiency of performance and include:

• Remote machine monitoring
• Electronic cash audit
• Electronic locks
• Cashless capability

Still, very few operators are able or willing to make the essential investment in equipment, salaries and training that will allow them to utilize these advantages. In the meantime, the Planet Antares operator’s fortunes rest on external economic forces, which can be described as non-threatening in the short term.

With improvement in sales during last few years, vending operators took comfort in the fact that vending locations had stopped firing employees during that time. However, they are not utilizing the full potential of technology to fuel the growth of vending industry. These can enable you to schedule service at the most opportune time, improve customer satisfaction, offer higher priced products and improve level accountability of your Planet Antares vending machine.

Remember that you may need to integrate new hardware and software with the existing management systems. All the effort will be worth your time and effort as you will experience positive impact on your vending business.

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