What Is Group Buying, and How Can It Maximize Your Vending ROI?

As an individual business or organization purchasing food and beverages for your building, you may have noticed that you don’t have much buying power. Sure, there are plenty of suppliers willing to sell to you, but their best prices seem to be reserved for larger accounts. This is a frustrating experience that puts a limit on how much you can do with your program based on the budget you have in place. 

Group buying is the solution to this issue, and InReach is here to bring it to life. You can dramatically improve your vending ROI through group buying, and this is a strategy that you’ll be able to put into action almost immediately. Take a moment now to connect with InReach and learn more. 

What Is Group Buying?

As the name suggests, group buying involves making purchases as part of a larger group rather than on your own. Once you are part of a buying group, such as the InReach Alliance Network, you’ll no longer be seen as a small account by the various suppliers you want to work with on your orders. Suddenly, lower prices and other opportunities will open up, and you should see an elevated ROI in your vending program as a whole. 

Simply put, group buying allows you to act like a larger entity than you are. The prices and other advantages that would never be within your reach simply because of size limitations can open up, and you might be surprised to find just how much you can save. 

Lower Prices Equal a Better Return

The math is easy when you look at getting lower prices on the items you are going to stock in your vending machines. If everything else is the same—meaning the prices for the items in your machines don’t change—you’ll get a better return by driving costs down. That’s not a revolutionary concept, of course, but you have probably felt like lower prices were out of reach. You can only buy so much as a single organization, and that volume isn’t going to get the attention of major suppliers. 

Now that you will be part of the InReach Alliance Network, however, those prices will start to look better and better. You might simply continue to buy the same things at lower prices, or you may branch out into other product categories that would have previously been out of reach from a cost perspective. No matter how you decide to take advantage of group buying power, the result is going to be spending less on inventory and enhancing your ROI in the end. 

Rewards Are Another Way to Save

The savings you enjoy through a group buying program don’t have to be limited to the lower unit price on purchases. That’s a great start, but you can also wind up saving over time thanks to the rebates that you can earn. Our program has transparent rewards built into its structure, and you’ll be able to see exactly how rewards add up with each order you place. 

If you are going to regularly invest in inventory for your vending machines, you should be able to enjoy some rebates and other rewards for that spending. It might be hard to get any notable rewards when you are out there purchasing on your own, but such rebates are a sure thing once you begin placing orders through our program. 

A Fee-Free Program

You may have previously encountered buying programs that promised to help you save money on purchasing, but you were going to be asked to pay a fee to join the program. That fee immediately offsets your savings, and the net gain of such a process might prove to be negligible in the end. 

The InReach Alliance Network doesn’t include any fees to join or remain part of the group. So, everything that you save as part of this process will truly be savings, and you’ll notice the boost in your ROI from day one. Without a fee acting as a hurdle to prevent you from getting started, you can easily try out our buying network with no risk, and you’ll quickly see just how much it has to offer. 

Benefit From Expert Guidance

Keeping vending machines properly stocked is a task that requires more insight and experience than you might realize at first. Unless you happen to have a background in purchasing for vending machines, you may find that you struggle to keep your machines fully stocked with the kinds of things that your people want to consume. 

Yet another advantage of the InReach Alliance Network is how it will give you access to advisors who have industry-specific expertise. You won’t be navigating this world on your own, meaning you can lean on the knowledge of our experts to make sure your purchases are strategic and efficient. We’ll continuously work together with you to fine-tune your program and make sure each subsequent purchase is more successful than the last. 

Time Savings as Another Beneficial Return

Saving time in the process of buying inventory for your vending machines might not show up directly when calculating your vending machine ROI, but it shouldn’t be overlooked. “Time is money,” after all. When you have access to our experts, you’ll almost certainly wind up spending less time dealing with your vending orders and related tasks. This means you can get the results you want from the vending program without having to burn hours each week or month actively managing the purchasing process.

Gain Peace of Mind Through Pricing Protection

Another issue you can encounter as a small buyer in the open market is dramatic changes in pricing that catch you off guard and disrupt your budget planning. If you have been expecting to continue buying a given product for a set price, and suddenly that price changes, you might be stuck in a difficult situation trying to figure out how to move forward.

Our group buying program offers pricing protection as one of the many advantages you will enjoy, so this isn’t going to be a problem. The protections that are in place will let you properly plan for your costs and have time in advance to adjust when something is going to change. 

Transform Your Purchasing Experience Today

How does group buying work? The best way to fully understand how group buying works is to get in touch with our team directly to learn more about what you need to do to get started. The InReach Alliance Network is ready and waiting to serve you, so reach out today!