Hip Vending Machines to Quench Your Thirst

Vending machines are abuzz these days. Why not? You don't have to pay someone to man a store to dispense your products. What the customers have to do is just insert the desired amount of what they want to purchase and voila, a cup of hot coffee or iced tea is on their very hands!

I've been to St. Paul's Hospital Iloilo and found this vending machine that held a variety of drinks one could flexibly choose from. It got iced and hot milo, an iced mocha and a cool cappuccino, an array of cold and hot juices as well as many types of steamy coffee. These will cost you around 10 to 15 pesos wherein you can insert whatever amount of peso coin (except for cents I guess) although it only accepts a 20-peso paper bill.

This particular vending machine is under the management of Innovend Corporation, a fastest growing provider of such thirst-quenching technology in the Philippines. Its catchy tagline is LOVE which means Live Our Vending Experience. 

This is quite a good business opportunity most especially if you place the vending machines on locations where there is huge traffic such as schools, hospitals, offices, and shopping malls. Since people would get thirsty in an unexpected moment, they don't have to look for canteens or shops just to relieve their liquid craving. Passing by a vending machine that caters them with a line of drinks would be the instant solution to their dry throats.

For more information about this awesome vending machines, visit www.innovend.com.ph.

Sari-sari Store Frenzy

Putting up a sari-sari store is a good business idea when you are living in a barangay or a village. Residents would sometimes run out of basic supplies such as oil, gas, sugar, and condiments like soy sauce and vinegar. Filipinos also love to spend siesta time on tiangges, buying softdrinks with matching chips or bread.

However, maintaining a sari-sari store is no different in managing a huge business. The owner must make sure that credits are minimized or better yet discouraged because customers may take for granted their responsibility to pay. If your store doesn’t have the luxury to have a flowy supply of products, it is safe not to allow credits.

Owners must also properly account their capital and profit in order for them to ascertain that their store is really earning an income.

One problem of sari-sari stores is that its supplies are sometimes consumed by the owners’ relatives especially when they have kids who just take whatever they want out of the store such as chips, softdrinks, and candies. With this predicament, owners must account what their relatives have consumed for free or better yet just provide them with separate snacks that don’t belong to the store.

Set rules to be strictly followed by relatives and consumers so that your store can profit well and grow into a big one. Every peso counts here so purchase products that are proven to be in demand to the buyers. One can also maximize products in groceries that are sold in sale or those with freebies which you can actually sell as well.