Paretos Principle - Applying the 80/20 Rule to Your Mini Claw Machine Vending Route

Hey mini claw operators!  Lets apply the 80/20 rule to our business!
The Pareto rule suggests that 80% of effects come from 20% of causes. In the context of your mini claw machine vending route applying the 80/20 rule can be a game-changer.

1. Locations: 20% of your locations will bring in 80% of your income.  Look to possibly 
   A.) Double down and focus on your best locations 20%
   B.) Improve the income on the 80% of locations.
   

2. Product Mix: Apply this to your mix, varies by location but 20% of your products will bring in 80% of your plays!
   A.) Double down and stock up on the 20% Products
   B.) Identify the 80% Products and replace with newer ones.
   

3. Streamlining Operations: Evaluate your route efficiency by identifying the 20% of tasks that contribute to 80% of your route's success. Streamline operations, automate where possible, and focus on the core activities that drive profitability. This can include optimizing machine maintenance schedules and restocking processes.
   A.) Calculate a better route to save gas.
   B.) Add Cameras to top of machines to view inventory
   
   

4. Building Strong Relationships: Recognize that a small percentage of your clients may contribute significantly to your overall success.
   A.) Talk to the business owners more, They can refer you to more locations.

By strategically applying the 80/20 rule to your mini claw machine vending route, you can optimize operations, enhance profitability, and foster sustainable growth. 

In the end, we are here to make a ton of $$.  Lets optimize our businesses and apply the 80/20 to all aspects of our business! 

Happy Vending!
-Toybox HQ