WSPA-TV in Spartanburg, S.C. recently reported on rising vending prices due to higher operating costs. The segment claimed that vending sales in Columbia, S.C. are down by 25 percent due to the price increases.
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Editor's Insight: This is a helpful report for the vending industry since it notes that fuel and product prices are rising. The vending operator interviewed in this report notes that the price increases are not bringing any additional profit to the bottom line; they are simply passing on manufacturer increases.
Vending operators everywhere need to provide their customers with information on these increases. While VendingMarketWatch applauds the new interest that consumer media is showing in the vending industry, vending operators can't assume that these reports are doing their marketing for them. 07-25-08 by Elliot Maras
