Categories:
New Vending Top 10:
- Power Tips I used to locate 100 vending machines
- Vendstar 3000 Vending Machine Problems
- 8 Ways to Finance Vending Businesses
- Vending Millionaire? How Much Can I Make?
- 5 Things to think about Before Buying Machines
- Vendor Liability Insurance-Will I Need it?
- The Real Costs of Running a Vending Business
- Using Rubber Bouncy Balls as Bulk Vending Machine Money Maker
- What Type Machines are Best?
- Profitable Bulk Vending From the Start
Which Bulk Candy and Gum Products Can I Sell In My Vending Machines?
Bulk GUM and Bulk Gumballs
The most popular item with
the best profit margin is gumballs. The exception to this is if
you have "speciality" gum which can be as expensive as candy.
Generally Gum will yield a cost-per-vend of around 2 cents per Gumball
with "Chickle" gum over a penny more. This may not sound like much
until you figure gas, charity or commissions to the business owner, loans
on the machines, etc. Your "quarter" can quickly dilute to a dime
after you take out your expenses. Bulk Gum can also include "Chicklets" or "Chickles" Tab Gum which is an especially good seller in shops with lots of men.
Bulk Toys, 1" and 2" Toy Capsules
Another category of items you can sell are toys. Sometimes vendors forget that these can be very profitable even though your net profit (profit after paying for product and other business costs) may be lower than candy and gum. Just be sure your machine has the correct "wheel" or mechanism which will allow you to correctly dispense the toys without jamming or not giving product for a sale. Bulk toys include "bouncy balls" or rubber balls too.A business with a high volume of customers with children is the best suited place for your toy machines. I have even put them in courthouses and other public places that you wouldn't typically think of as good for toy vending.
Bulk Candy Vending
What about CANDY? Most vendors are using Runts, Skittles, M&M Peanuts, Hot Tamales, Mike and Ike's, Reeses Pieces, and Boston Baked Beans. Most of these can be purchased at Sam's Clubs and other warehouse chains. Be careful about ordering candy online unless you are ordering in large cases and you have checked out the prices.Bulk NUTS, Including Peanuts and Cashews
This is not a favorite of mine, but it can be done profitably with high volume and cheaper nuts like peanuts and maybe a few cashews mixed in. Again, you've got to know how much it costs you to vend it (see related article).Check Your Cost-Per-Vend
Look in other articles as I discuss how to figure your profit on a bag of candy, gum, or toys. It is very important that you are aware of HOW MUCH product you dispense each time so you make enough profit to pay for your investment in your machines. With prices going up, it may be necessary to keep cutting back on the amount vended to stay profitable.Do not hesitate to use professional help on figuring out your margins. That's what professional people like accountants are there for.
Mark Evants
(C) Christmark Enterprises, LLC.
Back to Bulk Vending Articles Master List