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How to enter the new retail blue ocean market through vending machines?

Writer: Zhongda vending machines Time:2022-05-10 17:39 Browse:

We know that the vending machine industry is a new industry. It has the characteristics of low investment, low risk and fast return. Do you know how vending machines make money? Here is the report we have compiled for you that is definitely valuable.
The main payment and operation modes of vending machines. The standard definition of a vending machine is a retail activity through a vending machine. Vending machines, also known as vending kiosks, have been widely used for a variety of goods. Vending has become a potentially huge industry. After department stores and supermarkets, it has set off a third retail revolution with a very promising future. Currently, the main payment methods for vending machines are cash payment and mobile payment.

How to enter the new retail blue ocean market through vending machines?

There are three main models.
Type I: Direct purchase. The customer buys the operator’s machine. The operator is responsible for the installation, testing and daily maintenance of the machine. The operating profit belongs to the operator.
Type 2: Cooperative leasing. The customer leases the machine, operates it himself and is responsible for all business processes. The operator provides services such as machine installation and free maintenance (excluding human damage) during the lease period. Cooperative leasing can reduce the investment risk of both parties.
Type 3:Partner model. The operator is responsible for the machine and its operation. In this business model, customers tend to focus on saving time and worry and waiting for sales profits.
Profit sources and main costs of vending machines.

(1) Main sources of profit.

1.Beverages, food or other items are sold through vending machines. During the operation of a vending machine, the salesperson does not have to wait all day and the act of payment can be done independently by the consumer. The operator only needs to restock periodically without paying high labor costs, increasing the vending machine’s operating profit.
2.Sales and listing fees. Operators who own vending machines can profitably rent out the space on the vending machine to other operators and collect the corresponding sales and shelf fees.
3.Advertising with vending machines. Vending machine advertising mainly refers to on-screen print and video advertising. Vending machine advertising is cheaper than TV advertising and is broadcast 24 hours a day and is no less effective than TV advertising. Meanwhile, many companies also use body advertising.

How to enter the new retail blue ocean market through vending machines?

(2) Main Costs.

1.Maintenance costs are one of the main costs of vending machines, but with the increasing maturity of vending machine technology and technological advances, maintenance costs have been effectively controlled.
2.Compared to supermarkets, the purchase quantity is small and the price of goods has no significant advantage. Therefore, it is very important to operate vending machines and choose an operator with strong operational strength, more points, and the ability to increase the number of purchases to have an advantage in commodity prices. For example, KSCI terminal operators have a large number of vending machines operating in the food wholesale business. Food purchases are large and the price advantage is obvious. This is a good operator to work with.
3.Site fees are also a major cost of vending machine operation. In some good areas, the monthly site fee for vending machines is also a large amount of money (but much cheaper than stores).
4.Property fees. In terms of merchandise replenishment, specialized vending staff is needed, including field salespeople, merchandise buyers, and warehouse managers.
How to enter the new retail blue ocean market through vending machines?

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