Showing posts with label profits. Show all posts
Showing posts with label profits. Show all posts

Sunday, February 27, 2011

Spring Buying Event


It seems that 2011 started with all the pressure from the commodity side of life. Manafacturers have had to start moving prices upward again. It seems that everything from petroleum, sugar, cocoa to packaging have had to serve price increases in the last year. Manufacturers had done their due diligence, trying to shave every increase to minimize any impact to the public, but to no avail. The vending industry has to move prices upward to recover the impact of these increases, which will have effects upon each operator. If the operator will not stay up with the rising cost factors that hit us all they will be left behind.


Thankfully, we have a couple of opportunities to take advantage of some cost savings with our Annual Spring/Fall Buying events that act like a SHOW "NO SHOW"! We strive to save you as much money as we can by focusing on cost reductions instead of fine dining and peripherals.

The Spring buying event starts March 28th and runs through April 29th. Most Manufacturers have stepped up and offered several cost saving ideas to make your machine selections more exciting!


The Fall buying event will incorporate new items and savings that start from August 22nd and run through September 30th.


We hope to offer these these events as great opportunity to fight rising costs.


Look for an email this week about the Spring Event and send back your completed form by March 21st to take advantage of great saving.


Thanks from everyone on the Vend Northwest team, stay positive and we wll all get through this together!

Thursday, March 18, 2010

E-THOUGHT


When trying to decide on what to write about today's e-thought I considered going on and on about all the new product that is out there to be had but instead decided to talk about getting the most out of the product that you have in your machines now.
One of the suggestions is that when a product is getting close to the Best Buy date, you should move it into a "discounted" price column, also I would move all of your "low" margin items to the very bottom row so that the consumer See's it last and hopefully chooses a higher margin item out of the first 4 or 5 rows.
I know it's a pain but you should also have someway for the customer to suggest to you products that they would like to see in the machine, the thinking here is that if the consumer tells you what they want in the machine your sales should pick up ( I say Should) as we all know, this doesn't happen all the time.
There ya go, three suggestions on how to increase your sales with the current merchandise that is presently in your machines. For more suggestions, come down to the shop and lets talk about it! ;-)

Regards
Curt Wokal