Thursday, April 11, 2013

BULK VENDING INDUSTRY TERMINOLOGY

Industry Terminology When I got into vending, one thing I found daunting was all the industry terminology we use. All the little contractions and acronyms we use to speed up discussion of common things. For newcomers, it can take awhile to learn it and then apply it. So, to help those people out, I'm starting this thread of common phrases and acronyms vendors use all the time in case they don't know what that means. Feel free to add your own as time goes on! PMM: Peanut M&M's MM: M&M's (Plain) Mech: Short for mechanism- usually referring to the handle assembly which accepts coins, and facilitates the "vending" operation. M&I: Mike and Ike's candy, sometimes shortened to "MI" as well. BB: Bouncy Balls BBB: Boston Baked Beans (candy) GB: Gum Balls NW: Northwestern, in reference to the Northwestern brand of Vending Machines Caps: Capsules for toys DBA: Dollar Bill Acceptor for electronic vending machines DBV: Dollar Bill Validator for electronic vending machines DBC: Dollar Bill Changer, a machine which takes paper money and exchanges them for coins Spirals: Spiral gumball vending machines, OR coils found inside of snack/soda machines that dispense products, depending on the context. Biz-Op: Business Opportunity, in which the customer buys for a "business" to run. Especially pertinent to vending, as many are focused on new vending operators. this article was written by;performa vending and can be found with other great articles @ BULK VENDING FORUM:http://www.bulkvendingforum.com

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