There Is No Easy Money in Vending



Posted: Thursday, September 23, 2010

by Beth Adams

If the only reason you're hoping to get into vending is to make easy money with little effort, then you're in for a big surprise. Vending biz ops is a whole industry built around appealing to people's ignorance, greed and sometimes desperation. You almost can't go wrong selling the dream of vending as an easy way to make money. Far too many are willing to believe that vending is some sort of get rich quick scheme and jump in based on these false assumptions. Unfortunately, when these people find out the truth about vending, they end up feeling disillusioned and a lot of them end up leaving the industry.

Vending machines do make money around the clock, but they don't locate themselves or service themselves. Vending may qualify as a somewhat passive income stream, but nothing is truly ever passive. If you're hoping to survive long term in vending, you better be prepared for the amount of work involved. Building up a route from scratch is a long hard road. In order to earn a decent living, you will need to have 400+ machines on location earning money. A lot of people aren't fully aware of the numbers involved in vending, most vending machines only make $10-$20 a month, this is why you need so many machines. And when you're just starting out, you most likely won't be making $10 to $20, it may take you awhile to even get to this level of earnings.

If you're like most people just starting out in vending, you're hoping to do all this on a shoestring budget. Not that it's not possible, but it's going to take a lot longer than most people anticipate. This is probably the biggest reason that most people end up quitting vending - they're simply shocked when they find out that they're not making as much money as they thought they would, plus it's a lot harder than they thought. If you do start on a shoestring budget, you better do the math now on how long it will take you to meet your earnings goal. Are you prepared to reinvest 100% of your profits back into your business every month? Are you prepared to do this over several years? If not, you should really rethink getting involved in vending.

I'm not trying to discourage new people from getting involved in the vending machine business, I just hope that by giving a more complete and accurate picture of vending, more people will ultimately end up being successful. There are a lot of great things about the vending business - it can be started with very little money, you don't need to quit your regular job because it can be done part time, you get to control how much you earn and work, and best of all you can do it all on your schedule. If you're willing to invest the time and money into building up a route, vending can be a very fun and lucrative business, but it's far from easy.
Beth Adams writes on a variety of subjects including women's issues, health topics, natural healing, personal finance and other business realted topics.

Please visit her menopause site: Signs of Menopause Guide

She has been in the vending business since November of 2007 and writes about vending related topics at: The Vending Machine Business

This Article has been viewed 133 times. (Not updated in real-time.)
No comments yet.
We want your comments! If you can read this, you don't have javascript enabled, so you can't use this comment system. Please enable javascript.