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Vending Machine Scam – How To Spot Them


vending machine scam

Author: Chris Robertson

So you thought you were going to make a mint in the vending business when a vending opportunity company promised you the world in vending and left a lasting  impression in your mind that the funnel of money was going to come flowing into your pockets as soon as you leave the room.

Well guess what you just got scammed! It’s the unfortunate reality that some people face when looking to start a vending business. You get invited to an opportunity seminar where a slick salesman does a nice presentation about the Vending business and all of its benefits. They lead you to believe that they are going to help you and guide you through your journey and that by buying their vending machines that you are going to make a killing in vending. Until you realize shortly after the fact that now you have dropped $20,000 into their bank account and you are stuck with a boatload of vending machines just sitting in your garage with no locations to place them.

This is a story folks that I have heard over and over again countless times. You see all that these opportunity companies want to do is to sell you the unsuspecting consumer their vending machines. That’s what they are in business to do and that’s it! The reality is that once this happens to people and they have no plan or do not know how to place their vending machines at different location then they get discouraged and give up or quit.

I will tell you first hand that there is an abundance of money to be made in vending, but the trick is to make smart educated decisions about how you operate your vending business. From buying the right machines for the right price to learning how to secure locations for your machines is critical. The big picture in vending is to buy machines and place them on locations that derive income for you. Then the next step is to pay off those machines in the fastest possible timeframe then reinvesting your earning by purchasing more machines and locating them as well. Duplication is the key to growing and building your vending business.

The biggest question that I get by far is how do I find locations to place my Vending Machines? People have been led to believe that locating companies are the best way to achieve this goal. Though I have never used one to build my vending business I have looked into it just to see what kind of money they are looking for. At the end of the day I found that I could not and would not spend the kind of money that they wanted to find me a location. I have literally dominated my local are in the vending business by applying my marketing and business building strategies to secure countless locations on as steady regular basis. This is not a joke because I know for a fact that there are a lot of people out there that are missing the boat and struggling along trying to find a way to get new business and make money in vending.

If you are seriously considering entering the vending business or maybe you are already in the vending business but are just barely getting by then my answer to your problem is to get busy doing your homework and research to find a way to build your business more effectively, and start to grow and profit from your vending business the first time out.

Article Source: http://www.articlesbase.com/business-opportunities-articles/vending-machine-business-how-to-not-get-scammed-350115.html

About the Author:
Chris Robertson is a 9 year vending operator who works out of Toronto,Canada.

For more information about how you can get started in the vending business feel free to visit Chris’s site www.your-vending-resource.com/vendingbusiness.html

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