Vencoa Vending Machines Reduces Wholesale Prices

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) May 26, 2009 --

Palo Alto, California, May 20, 2009 - Vencoa Vending Machines, a national leader in the sale, financing, and servicing of new vending machines since 1977, announced new lower prices on its entire line of USI/Selectivend coffee, candy/snack, fresh/frozen food, and soda vending machines. Vencoa’s President, Peter LeVine, announced that new lower pricing will guarantee that no other company, including warehouse clubs, independent distributors, and the manufacturer, USI/Selectivend, will have lower pricing available. Additionally, Vencoa will continue to provide USI’s two year parts warranty on all vending machine parts in addition to the manufacturer’s warranties on refrigeration compressors.

Still another new development announced by Vencoa today is the company’s focus on credit card acceptance, wireless technology for accepting credit card transactions, and wireless inventory control management. Rather than having prospective buyers of vending machines spending time to evaluate and purchase credit card readers and inventory control software from different vendors, Vencoa will now act to directly facilitate the installation of credit card readers and inventory control software at USI/Selectivend’s factory in Des Moines.

The importance of credit card acceptance in high volume locations selling sodas, candies, and snacks cannot be overemphasized. In many high volume locations, revenue through candy/snack and soda vending machines can increase by 20% to 25%. Installing inventory control software is equally important in high volume locations where management is tired of theoretical high commissions on significantly underreported sales. Installing inventory control software provides complete sales transparency to the location as well as providing the owner/operator of the vending machines with the data necessary to maximize profitability.

During this time of economic recession, many vending operators are neglecting their high volume locations where revenue through soda vending machines and candy/snack vending machines has not declined. Rather than installing new and more advanced vending machines with credit card acceptance and inventory control, old and often obsolete machines remain in operation. And, underreporting or cheating remains too prevalent. Those companies which offer high volume locations credit card acceptance and inventory control software are far more likely to retain their current operating contracts. The intelligent vending operator looking to expand will target high volume locations prior to the often automatic contract renewal date between location management and the existing vending operator. By proposing new and high tech equipment with credit card acceptance and inventory control, the vending company making such a proposal is likely to secure a lucrative new accounts.

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