ATM Machine Buyers Guide to the ATM Business |
1. Do you have customers asking for the location of the nearest ATM machine? 2. Do you have at least 200 people a day visiting your location?
The key to being successful in the ATM business is to find ATM placement locations that will make you money. ATM sales are based on traffic count, so let's figure out how many people will use your new ATM machine on a daily basis. The formula I am about to show you is the same formula that is used by every ATM dealer and ATM distributor in the country when placing ATM machines. Trust me when I tell you this formula is tried and true. ATM dealers and ATM distributors look at one thing when deciding weather or not to place an ATM machine at a particular location. The rule of thumb goes like this: 3% - 5% of the foot traffic that actually sees the ATM machine will use the ATM. So let's figure that you have a total of 300 people a day coming through your doors, and let's say that you are charging a $2.25 surcharge per valid withdrawal. If you take the middle road that 4% of the people that see the ATM machine will use it. Then you can count on your new automated teller machine to generate you a minimum of 360 transactions per month at $2.25 per valid withdrawal. That comes out to $810 per month or a total of $9,720 per year. All that from one ATM machine at one location. The next question is how much will your new ATM machine cost. This question is a little harder to answer simply because there are so many ATM machines to choose from. Such as Class 1 Armored ATM machines, Indoor ATM machines like the Triton 9100 ATM machine, Through-The-Wall ATM machines, Scrip ATMS, etc. But one thing I can tell you is that 75% of the ATM machines used in non-bank locations are non-armored ATM machines. A good non-armored ATM machine is the Triton 9100 ATM machine. The Triton 9100 ATM can be purchased from either an ATM dealer or an ATM distributor servicing your area. The price for the 9100 should range between $2,950 and $3,800 depending on what options you choose. So there you have it, if you have customers that are currently asking you for the closest ATM, or if you have a large amount of foot traffic coming in or walking by your location on a daily basis. Then you will most defiantly profit from owning your very own ATM machine.
Co Op ATM machines are a fairly new concept within the ATM business. The co op ATM option seems to be best suited for store or property owner that wants to take advantages of owning their own ATM while minimizing their risk by splitting the costs and liabilities with a top notch knowledgeable ATM distributor or ATM dealer. By doing a co op ATM with a reputable ATM distributor, you will most likely avoid the many little mistakes most people make when learning how to operate a profitable ATM machine on their own for the very first time. Co op ATM deals are usually designed where the ATM distributor and the property owner split all costs right down the middle on everything from the ATM machine itself, to installation, receipt paper rolls, maintenance costs, etc. While in return, the store or property owner is only responsible for paying half of all hard costs, and keeping the ATM machine filled with their own cash at all times, and that's it. In return, all profits are split 50 - 50. That is why getting into a co op ATM is a good idea for the property owner that wants to minimize their risk, and have the opportunity to learn more about the ATM business from a reputable ATM distributor.
If you've ever given a second thought to the ATM machine you use, you've probably stopped to think about it because of a malfunction or "out of service" notice. Nothing's more frustrating than needing cash when you can't get it, and no company is more dedicated to building and maintaining quality machines than Triton. That means that Triton ATM machines are among the most reliable you're likely to find. The key to any successful business endeavor is profit. That may come in the form of growth, expansion or good management that keeps profits high. The Triton company periodically issues press releases that indicate the company is continually working on several levels to be sure both the company and those who own Triton ATM machines garner those needed profits by being always ready to serve your needs. Because the company is successful, you know that you can depend on Triton ATM machines. But what can be so difficult about managing a network of ATM machines? Consider the recent rash of hurricanes in the southern United States. If you owned an ATM machine in those areas, what would you have done to prepare? Most people have no clue, but the Triton company was on top of the situation well before the first hurricane hit land. Plans were in place to keep the machines serviced as long as possible, and to cash them out when the time came. In addition, Triton ATM machines were put back into operation as soon as possible. Does this kind of planning make much difference in the long-term profitability of the company and those who own Triton ATM machines? Of course it does. A person who really needs cash wants to know that the ATM machine he/she chooses will be able to meet those needs. The people who find they could rely on Triton ATM machines in times of disaster will be more likely to go back to those machines for their everyday ATM needs. But it doesn't stop there. Triton ATM machines are durable, attractive and are built to meet with applicable laws and regulations. Think that should be enough? Triton even promises service and maintenance after the sale, meaning that problems will be discovered and fixed with a minimum of down time. It all adds up to mean that you'll find one of the Triton ATM machines that's perfect for any location you have in mind. And the Triton name will attract the most important customers you could possibly hope for - the returning ATM user. One point made by Triton is that the needs of customers who use ATM machines change. That's why it's great that you can choose from Triton models that give you a basic package, but you are given the option to upgrade the services if the needs of your customers change. Think you have physical size requirements that are going to limit your options? Think again. Even if you have an existing wall opening of specific dimensions, you can choose to have Triton ATM machines fitted to the size needed.
For more than two decades, Tranax has been making self-service technology that works. It's this commitment to excellence that's made Tranax a popular option when it comes to ATM machines. If you're considering setting up an ATM or adding to your existing network of ATMs, you have to ask yourself a couple of questions. What is it that makes ATM machines profitable? What can cut down those profits? What can you offer that will make people pass up some other ATM to choose your Tranax ATM machines? One of the reasons people use ATM machines at all is convenience. Every single thing you can do to add to that convenience increases the potential that your ATM will be profitable. That means that you may very well need to check out Tranax ATM machines to see what innovations make these even more convenient. Maybe you're not even looking for a network of ATMs, but are looking for a way to make your existing business more profitable. Think an ATM can't help? One of the innovations that emerged from Tranax is the combination ATM and ticketing kiosk. Just consider the problem some people face at movie theaters. It's not until they arrive that they realize that they don't have enough cash for movie tickets. They may very well scramble around to find an ATM machine, or they may simply go to a video store that will accept their credit or debit card and take their evening's entertainment home - unless you can make it easy to overcome this problem. With a combination ATM and ticketing kiosk from Tranax, you can. What can be easier than using the ATM machine to pay for the desired tickets AND get enough cash for popcorn and a soft drink? This is just one of the many options you’ll get with Tranax ATM machines. You'll find Tranax ATM machines that offer coin exchange and check cashing capabilities - all designed to help you provide a wider array of services for your customers. And everyone knows that the additional services translate to higher profit margins. But just as is true with any technology, the needs don't start and stop with the ATM machine, even if it is at the top of the game. You have to find several ways to attract customers. Tranax ATM machines are built to be located in a variety of situations, including "through the wall" models. You'll also find an array of signs, stickers and other accessories to help you attract those necessary customers, and even a surge protector to help protect your investment from an electrical surge that could put your ATM out of commission - resulting in lost profits for you and a loss of confidence from your customers. Tranax is headquartered in California. The company touts the installation of more than 60,000 ATM machines of various capabilities. If you’ve been thinking about the possibilities of an ATM machine, or just hoping to add to your current ATM network, take a look at what Tranax has to offer.
Have you been thinking about the potential income possibilities of ATM machines and thinking you'd like to get in on that action? Do you immediately follow that thought with the recognition that you can’t possibly afford to buy those machines outright? Take a look at Tidel ATM machines, and then look at the company's affordable lease-purchase options. You may find that you're closer to being ready to start a lucrative ATM business than you thought. You can choose from the very basic Tidel ATM machines to the Tidel 3800 with multi-media capabilities. This particular machine can meet the demands of today's complicated transactions. For example, the 3800 can serve as a very basic ATM, completing cash transactions with a minimum of bother. But you may be missing out on a very important customer base by not offering check cashing. The 3800 can take care of those customers who need to cash specific kinds of checks as well. The wide-screen monitor can be used for advertising - another potential source of income. Or you can offer up short entertainment clips to play as your customers wait for their transactions to be completed. Think that's pretty incredible? Your customers will too, especially when they find out they can purchase various tickets and even pay for travel arrangements, all through this one handy location. If you think service of your ATM machine is important, you're right. Tidel recognizes both that service is sometimes required and that you may prefer your own service technician over Tidel service providers. If that's the case, you can quickly order and track parts through the company's website. Just choose the parts you need and place your order. If you wonder where the part is, when it was mailed or when it's due to arrive to you, just go back to the website and check the status of the part. It's all designed to help your business be as profitable as possible. If you're looking to increase your ATM network overseas, Tidel may very well have the answers you're looking for. Take a minute to consider that Tidel ATM machines are currently located in some thirty-eight countries, according to information from Tidel. Security is always an issue and Tidel ATM machines have been at the cutting edge of technology for many years with security-minded machines. After creating the technology designed to deter would-be robbers, Tidel moved right on to offer the first dial-up ATM available to the general public. These ATM machines are also very compact so that they'll fit in the smallest imaginable space, all aimed at what the company calls "low cost, high reliability" technology. When you consider Tidel's commitment to developing new ideas, you can probably imagine yourself as part of this winning team. This company is based in Texas and produces a variety of self-service machines, such as ATMs.
|
Copyright © ATM-Machine.biz