Planet Antares Inc | Planet Antares | Planet Antares Vending

A blog to discuss vending solutions provided by Planet Antares Inc

Wednesday, August 13, 2008

The State Of Mid Market Accounts

With the increasing cost of operations, many Planet Antares vending operators have no other option than to ignore locations with less than 100 people. One segment of this market, the honor box customer, continues to have a strong hold. However, the honor box snack operators have also begun exploring new business opportunities in view of the increasing product and labor costs.

Mid market account locations are those which are too small for traditional vending machines but larger than 10 to 50 person accounts that honor box operators traditionally serve. As a Planet Antares vending operator, you can take interest in this underserved market.

In the meanwhile, the honor snack market remains the exclusive domain of a small group of operators who have learned to survive the demands of product shrinkage, annual account turnover, high employee turnover and almost no means of product accountability.

Yet, some Planet Antares vending operators don’t see vending as a threat to honor box accounts. Most of them have less than 50 employees, which is of no interest to vending companies. One of the keys to the honor box business is high account volume.

If the needs of an account are not being fully met by a honor snack box, you can stock multiple boxes in a location. Moreover, you can call up a Planet Antares vending company to take over an account with about 80 people that want a snack machine and a soda machine. The owner of the honor box may aim to diversify his business to meet the growing demands of midsize accounts.

As the owner of an honor snack business, you can also choose to operate a Planet Antares vending route. Commonly, there is need of vending when an account gets too big for an honor snack box, or maybe the shortages are too much economically to carry on with the boxes.

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