3 Tips About Starting a Small Business You Can’t Miss

3 Tips About Starting a Small Business You Can’t Miss

If you are just about to start your very own small business, the first thing you have to focus on is building a strong brand, which is the sum total of how your customers—and potential customers—perceive your company.

How exactly can you create a reputable brand for your small business? Learn a thing or two from the following tips:

1. Be easily recognisable.

Have a name and logo that your consumers can easily point out. Remember, your name and logo will appear on print and online pretty much everywhere, so it’s best to think of ones that truly represent and reflect your company—basically something that will pull your brand together. 

 2. Look for great products and services.

If you want to make an impression and build trust among consumers, offer quality products and services that many will benefit from. And when you get to earn that good reputation, don’t stop looking for ways to improve your offerings. Even a strong brand can suffer if it refuses to seek change.

3. Deliver value.

There are a lot of factors in your small business that you can focus on to deliver value to your consumers. This does not mean always having the lowest price in the market. You can focus on product leadership, operational excellence, or great customer service. If you can deliver all three, then that’s even greater!

There’s no easy way in the world of entrepreneurship, especially when you are just starting to carve your own name in it—and that’s OK. There’s always room to learn, improve, and keep learning!

Excellent Location Ideas for Your Claw Machines

Excellent Location Ideas for Your Claw Machines

There’s a reason why claw machines remain to be popular within the amusement industry: They make timeless entertainment and a lucrative business. But just like any other business, claw machine owners face competitive pressures, and without the right strategy, they can only go so far in the industry.

Claw Machines

Aside from comprehensive and constant market research, claw machine operators need to reflect on possible sites that will ensure profit for their business. Assessment on these locations should include the flow of people in the area, customer spending power, convenience, visibility, and several other considerations.

Once these relevant information has been collected, only then can these small business owners decide whether these sites make appropriate locations for their skill testers.

If you are one of these claw machine owners and you are on a rut for potential sites, here are a couple of suggestions.

Commercial plazas and supermarkets

Aside from amusement centres, you can never go wrong with shopping malls, supermarkets, and restaurants as places to house your skill tester machines. With great foot traffic in malls, there is a huge chance that your machines can attract people’s attention, thus maximizing their exposure. Meanwhile, you can always take advantage of the amount of idle time customers spend waiting for their orders in restaurants and other food shops by giving them something fun to do.

School and hotel lobbies

The hospitality business is always a good location idea to host your crane. People come and go in hotels, and placing your claw machines in hotel lobbies provide these customers with quick and easy leisure during their stay. You can also place them in junior or high schools and universities to bring them directly to their target market.

Cinemas, KTVs, and clubs

Consider being partners with cinemas, clubs, sports centres, and KTV bars as they make great sites for arcade games and claw machines. With the influx of people that flock these areas each day, it’s no surprise that they help skill tester machines to gain excellent profit.

Just like any other industry, the claw machine business needs a foolproof strategy and sheer dedication to prosper. Once you get the hang of it, the sweet fruits of your labour are sure to follow.

Recipes for Success in the Claw Machine Operating Industry

Recipes for Success in the Claw Machine Operating Industry

 
There is a huge profit in the claw machine industry; it’s already a proven and tested fact by countless of coin-operated machine providers, operators, and franchisees across the globe.
However, there’s a lot to learn if you want to get the most out of your skill tester machine business. The good thing is that it only requires a simple, easy-to-follow recipe that anyone can figure out in no time.


 
Think of your machines as “vendors”.

As a business owner in the amusement vending industry, it is important to remember that your customer will perceive of your machines as vendors that will supply them with items of value. With this, it is essential that you give them what they expect.

Start with the quality of your plush toys or other prizes that you put up inside your machines. With skill testers, it is easy to attract new customers but much more difficult to keep repeat ones. To build a consistent following, change up your merchandise on a regular basis. Customers love seeing something new to win every time, especially if they are larger and more unique—something that they don’t often find in popular toy stores.

Take note of the trend.

Be updated with the current events, as you can use them to your advantage. For instance, you can fill your skill tester machines with novelty or supporter rugby balls if it’s game season. This will appeal to kids who are trying to learn a new sport but also to adults who consistently watch the game.

The holidays are also the perfect time to refill your stock prizes with holiday-themed plush toys. Be ahead of the game by placing them at least one to two months before the holiday to keep your customers excited at winning them just in time for the season.

Winners make players.

The next most important thing to do is to let your customers win, at least just enough to keep them playing. Remember, they must perceive value out of your game—and they must get it from your machine sooner or later. After all, the best advertisement for any toy grabber machine is seeing other people win. This way, other customers could not resist grabbing the chance to win a prize for themselves.

Claw machines make a lucrative low-maintenance business that’s not difficult to get the hang of. By following these simple suggestions, it won’t be long until you start seeing your business prosper.

Who’s Excited for the New ‘Star Wars’ Sequel?

Who’s Excited for the New ‘Star Wars’ Sequel?

The latest sequel for the epic space saga, “Star Wars: The Last Jedi,” is just around the corner—and we seriously can’t wait!

Star Wars Movie

Now that Rey has joined with Luke Skywalker and goes into training with him, she is drawn into an adventure she never knew would hold so many mysteries: about the Force as well as her past.
Whose side are you on—the Dark side or the Light side? Why not both?

Before heading to the cinemas this December, get a hold of our upcoming Star Wars plush toy prizes! When you get to play in your nearest CoinOpSolutions machines, it won’t matter whether you choose the good or bad—all of our Star Wars stuffed toy prizes are equally pristine, cuddly, and ultimately adorable!

Stay tuned for more updates this December and may the Force be forever with you!

Here’s Why ‘Coco’ is Proving Its Critics Wrong

Here’s Why ‘Coco’ is Proving Its Critics Wrong

 

Ever since its release last October, “Coco” has smashed box office records, proving to be one of Pixar’s most prized works of all time! And there seems to be a reason for that.

Set in the colourful country of Mexico, “Coco” revolves around the interesting tale of a 12-year-old boy, Miguel. Despite his family’s generations-old disapproval of music, Miguel strives to cultivate his passion for playing the guitar. In an unusual chain of events, he gets tangled up in the Land of the Dead. There, he uncovers mysteries of his past as he struggles to prove his love of music.

If that plot doesn’t capture your fancies enough, we don’t know what will! Aside from its homage to Mexico’s bustling culture that proves to be a rich cinematic experience, Coco is a moving story about family and passion.

If you haven’t seen the movie yet, head on to your nearest cinema with your kids and some snuggly Coco plush toys in tow! For sure, you’ll need a comfortable Coco stuffed toy to hug at the end of the movie.