· 2 min read

Insights from Michael King, Founder of Moneta Market

Insights from Michael King, Founder of Moneta Market
Michael King of Moneta Market interview with Vending Village

TL;DR:

There are three types of decision makers: service-conscious, machine-conscious, and price-conscious. Identify which one you’re dealing with fast, then hit home on the concerns that matter to them.

Insights from Michael King, Founder of Moneta Market

Michael King, founder of Moneta Market, has spent years on the operator side and in micro market systems, and he shared a simple way to close more placements without over-talking the pitch. His point is that most “maybe” conversations become “yes” once you correctly label what the decision maker actually cares about - then address it directly.

Have a look at Moneta Market website here for equipment and systems https://www.monetamarket.com/index

1) Service-oriented decision makers

These decision makers are trying to avoid headaches. They want confidence that the day-to-day will be handled without them chasing the operator.

What they want to hear and what you should demonstrate:

Operator takeaway: when you’re buying a vending machine location for sale on Vending Village, and get to the on-site meeting stage, ask what the location’s service expectations are (restock cadence, response time, who they contact). Service expectations are usually the real reason accounts churn.

2) Machine-conscious decision makers

This group cares about the condition, appearance, and reliability of the equipment. They’re thinking about how the setup reflects on their business and how often the machines create problems.

What they typically want:

Operator takeaway: don’t sell “a vending machine.” Sell a specific machine plan for their environment (breakroom layout, power access, traffic flow, product mix). The more specific you are, the less “shopping around” happens.

3) Price-conscious decision makers

This group is focused on the financial angle. That can show up as pushing for lower vend prices, negotiating commissions, or asking what the location earns.

What they care about:

Operator takeaway: qualify price-focused accounts early. If they want premium service and premium machines at discount pricing, that usually turns into a high-maintenance account.

4) The rebuttal order

Michael’s order is operationally smart because it mirrors what keeps accounts stable long-term:

If you need flyers and a placement agreement for your site visit, review our blog and download our free template here: https://blog.vendingvillage.com/customizable-flyers-templates/.