How would the multple vend mode works with the Nayax credit card reader? At first look I will assume the Nayax will charge the credit card only once for multiple purchases. But I cannot be sure. I have one Nayax running in Singapore, and I would like to save the transaction cost by consolidating multiple purchase into 1 single transaction because the bank charge a fixed amount of fees (about 5 cents) + 3% per transactions.
I have Multi-Vend turned on all of my soda machines so that my coin mechs don't have to work so hard when users insert $5 bills and usually they get multiple drinks at a time
Another very informative walkthrough! In my experience, multi-vend does lead to additional impulse spending and, thus, increased revenue. Whether this is desirable depends on the commercial environment, of course. I would love to see you make another video on the Nayax multi-vend equivalent: incremental authorization. 9:53 Speaking of Nayax, I'm concerned about the indication on the Nayax screen of the machine on the left.
I got a question for you I took over a vending route less than a year ago and I'm thinking about raising prices. How much do you typically raise prices and how often? Thanks I enjoy your content
It's better to raise prices at smaller increments more often than waiting a long time to raise prices and have to raise them by a large percentage. You need to make sure you're keeping a good profit margin considering the rising costs of products. Right now, I'm charging 1.50 for cans of soda and 1.50 for chocolate bars. Small bags of chips are at .85 cents. What are the prices at your account? If you pay a commission, you also need to keep that mind.
@@HappyVending I took over a vending route at a local college which is divided up between three vendors I thought there would be a uniform rate for the whole college but there isn't so I kind of went in between. I don't have any beverages as Coca-Cola has strict pouring rights on this college. But for snacks the candy bars are at a $1.85 large potato chips for $1.75. everybody else is raising their prices by 25 cents I feel that that's too much and was going to wait another year to raise my prices at all. We also do the two-tiered pricing that's another reason I'm trying to hold off on raising prices
@@user-cu4we6qf3r Well, chocolate is getting expensive because of the cocoa bean shortage. A lot of places are already selling chocolate bars at $2, so that wouldn't be that unreasonable to increase to that.
Hiya mate how's things I've seen dixi narco vending machine likes the ones you got when you open the machine the lights turn itself off when you closed the machine it turns the light on is there a setting to do that if so can you do a video on how to do it please
The dixie stack machines generally do not have a light relay to turn off and on the lights. The Royal machines do have a relay kit you can add for the lights.th-cam.com/video/twe2vr19KCg/w-d-xo.htmlsi=1hVDvU5kcCM0tPK9
I’ve got a Rowe 5900 that is just built so well, so solid… and it has some of the best purchase incentive systems i’ve ever seen.
Great video as always! :). Keep the new videos coming! Hope your school year is going well!
Thanks!
How would the multple vend mode works with the Nayax credit card reader? At first look I will assume the Nayax will charge the credit card only once for multiple purchases. But I cannot be sure. I have one Nayax running in Singapore, and I would like to save the transaction cost by consolidating multiple purchase into 1 single transaction because the bank charge a fixed amount of fees (about 5 cents) + 3% per transactions.
I have Multi-Vend turned on all of my soda machines so that my coin mechs don't have to work so hard when users insert $5 bills and usually they get multiple drinks at a time
Another very informative walkthrough! In my experience, multi-vend does lead to additional impulse spending and, thus, increased revenue. Whether this is desirable depends on the commercial environment, of course. I would love to see you make another video on the Nayax multi-vend equivalent: incremental authorization. 9:53 Speaking of Nayax, I'm concerned about the indication on the Nayax screen of the machine on the left.
Thanks for the comments. The machine on the left was on a timer and in a non-vend mode. When it's in that mode, the Nayax display shows "cash only".
@@HappyVending can you show us how the multiple vend mode will work with cashless devices like Nayax?
I upgraded credit under payment menu moma. My custemours buy 2 - 5 bottles.
Hello, I have a CB300 vending machine and I have a problem with the LED price screen, how can I fix it?
@@josueramos8664 maybe you need a.new led screen.
I got a question for you I took over a vending route less than a year ago and I'm thinking about raising prices. How much do you typically raise prices and how often? Thanks I enjoy your content
It's better to raise prices at smaller increments more often than waiting a long time to raise prices and have to raise them by a large percentage. You need to make sure you're keeping a good profit margin considering the rising costs of products. Right now, I'm charging 1.50 for cans of soda and 1.50 for chocolate bars. Small bags of chips are at .85 cents. What are the prices at your account? If you pay a commission, you also need to keep that mind.
@@HappyVending I took over a vending route at a local college which is divided up between three vendors I thought there would be a uniform rate for the whole college but there isn't so I kind of went in between. I don't have any beverages as Coca-Cola has strict pouring rights on this college. But for snacks the candy bars are at a $1.85 large potato chips for $1.75. everybody else is raising their prices by 25 cents I feel that that's too much and was going to wait another year to raise my prices at all. We also do the two-tiered pricing that's another reason I'm trying to hold off on raising prices
@@user-cu4we6qf3r Well, chocolate is getting expensive because of the cocoa bean shortage. A lot of places are already selling chocolate bars at $2, so that wouldn't be that unreasonable to increase to that.
Hiya mate how's things I've seen dixi narco vending machine likes the ones you got when you open the machine the lights turn itself off when you closed the machine it turns the light on is there a setting to do that if so can you do a video on how to do it please
The dixie stack machines generally do not have a light relay to turn off and on the lights. The Royal machines do have a relay kit you can add for the lights.th-cam.com/video/twe2vr19KCg/w-d-xo.htmlsi=1hVDvU5kcCM0tPK9
@@HappyVending thanks when you doing more videos on your vending machine next mate
@@teamalanmountjoy3244 hopefully soon.
@@HappyVending thanks can't wait for your new video