Tips on finding the best vending business location.

Vending is one of the profitable business opportunities around these days. You don’t have to spend much time, money and effort to run a vending business. All you need to do is to plan the business in the right manner. One of the most important factors that will influence your vending business is the location of your machines. For a successful vending operation, choosing the right location and placing the right type of vending machine is imperative.

Some points that should be kept in mind while choosing the location and the type of vending machine are:-

1. Vending machine should be located where the foot count is high. Places like shopping malls, schools, and dance studios are just a few examples of profitable vending locations.
2. It is very important to work out the profit margins with the products you plan to stock the machines with. Based on the choice of products, you should plan your vending location or vice versa. Placing a health drink vending machine in front of a gym would be a good idea, while placing a gum ball machine may not yield good profits there.
3. Identify your potential customers at the preferred location. A careful insight about their preferences will definitely give a tremendous boost to your vending business.
4. The vending machine location should be secure.
5. It is advised to choose a location where spending capacity of people is high.
6. Commissions can be paid to location owner for placing a vending machine.

To kick start your vending business on the right note, it is advised to contact Planet Antares business specialists. Planet Antares not only manufactures state of the art vending machines, but also provides necessary guidance to start up a vending business.

How do bill validators work?

As vending machines gained wide popularity, some people started misusing them by inserting counterfeit currency in the vending machines. Besides that, another problem that most vending customers had to face with the traditional vending machines was the requirement of exact change in order to obtain goods out of them. Vending business owners felt an urgent need to:

• Verify the bills and
• Introduce easy payment options

The solution for these problems was invented in the form of bill validators or acceptors. They accept payment after determining the authenticity of the currency. It serves wide customer base because in contrast to the coin accepting vending machines, these can accept bills as well and do not rely on coin mechanism alone. The parameters for detection are different for each coin or paper money. Thus, the detectors must be programmed accordingly.

Let’s understand the working of bill detectors in brief:
The detectors scan flexible currency using optical and magnetic sensors. Upon validation, the bill validator will inform the vending machine controller (VMC) or other host device of a credit via a parallel or serial interface. Various interfaces exist for the host device, which includes:

• A single-line pulse interface
• A multi-line parallel interface
• A multi-line binary interface and
• Serial interfaces such as CCTalk and MDB (multidrop bus )

The technologically improved bill acceptors and validators extend the capability of the vending machines. These devices were extremely susceptible to failures and jamming in the past due to folded or damaged notes but the bill acceptance rate has increased with the introduction of features such as automatic jam ejection and automatically adjusting sensors. Cleaning cards are also available in order to keep the bill acceptors clean and ensure their smooth functioning.

Advanced bill acceptor in Planet Antares vending machines has led to efficient currency handling and convenience of the consumers and provides greater returns to vending business owners.