A little on Pricing

Bulk vending locations are a difficult product to price. First off let me tell you there are slim margins. However, I believe those margins can be greatly increased if I can eventually hire my own in house telemarketing staff.

Anyway, the prices now. I'll go over how I set my prices. First off I wanted to have some of the lowest prices in the industry. I think I have the lowest. So I started at a price point that would barely let me get by. $32. Was this a smart business decision? Well, I think it will help me gain market share quicker than would normally be possible.

So I started at the $32 price point. For that you can get a single or double head machine located by my company. This is what I call my "Silver Plan." With the $32 price point I don't include any warranty with the location. This means after the vendor places the machine at the location I no longer owe them anything.

I decided to make the next step up only $5. The goal was to make it an easy decision to purchase the most expensive package. Anyway for $37 I include a generous 45 day warranty with the location. This is my "Gold Plan." For only $5 that is a great deal I think!

Now, the final step up in this category is the "Platinum Plan." This plan is $42, only $10 more than the Silver Plan and you get a capacious warranty and replacement guarantee. Here you get a 90 replacement guarantee and a 2 year extended warranty. The extended warranty says that for a period of up to two years after your initial purchase we will replace the location for ANY reason for only $20. That is an Incredible deal in my mind. So there you see, $42 and you get a very generous warranty. Not a bad deal.

Remember, the above 3 plans are for single/double head machines. The prices are $32, $37, and $42 for the silver, gold, and platinum plans respectively.

However, if you visit my site you will notice that there is another column of products. These are for triple head machines. I still have 3 plans, silver, gold, and platinum and they essentially work the same way but the prices are $10 more for each plan. Meaning the silver plan is $42, the gold is $47 and the platinum is $52. The warranty and replacement guarantee are exactly the same.

Why you ask? Well, the truth is it takes the EXACT same amount of time to find a location for a single/double and triple head machine. So why would I charge more for the Triples? Well, more owners say no to the Triple head machine once the vendor brings it in to drop off. This means that I am stuck giving replacement locations more often on the Triple head machines than the singles/doubles.

I hope for any vendors reading this that they finally understand why we charge more for Triple head locations! When I was a vendor myself I hated when locators told me that they were going to charge me more for my Triples, but now I understand. A simple explanation was all that was needed! So here it is, enjoy!

Rob -