Automatic Merchandiser

FEB 2013

Automatic Merchandiser serves the business management, marketing, technology and product information needs of its readers including vending operators, coffee service operators, product brokers, and product and equipment distributors in print.

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COFFEETEA&WATER; ▲ 2012 CONVENTION Attendees of CTW and the co-located International Bottled Water Association show shared success stories at a reception on Tuesday evening of CoffeeTea&Water; 2012 in New Orleans, La. ▲ Female professionals working in vending networked over breakfast as members of the Women of the Industry (WIN) – National Automatic Merchandising Association networking group. ▲ Fred Steiner, founder of Imperial Coffee and Services in in Toronto, Ontario, Canada, and the 2012 Coffee Legend shared his philosophies on business with CTW attendees. First, OCS is a service business, not a coffee commodity selling business, so never lead with price. Second, don't be afraid to raise prices. Third, coffee in the workplace is a viable business, and it will survive. And finally, hold fast to selling quality. ▲ Mike Dabadie of Heart+Mind Strategies presented NAMA sponsored research on the office coffee service strengths and opportunities. After a quantitative online survey of coffee service consumers and decision makers, seven strategies emerged. 1. Opportunities exist to broaden beverage offerings, such as with iced coffees. 2. Recognize single-serve systems are increasing, whereas pour-over brewers are decreasing. 3. It's time to expand on benefits of coffee beyond productivity as its seen by consumers as reinvigorating. 4. Look to raise location's expectations of coffee service, as expectations are currently low, and higher expectations mean it's a greater value. 5. Solidify relationships and leverage industry knowledge to tell accounts about their employees. 6. Link water service more strongly with tea and coffee. 7. Make a business and personal case for sustainability. "How did I become a coffee legend?" asked Steiner. "By getting to the top and staying there," he told attendees. February 2013 VendingMarketWatch.com Automatic Merchandiser 21

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