Today’s vending machines have gone a long way since it was first introduced in the market many years ago. These machines are very popular for business owners that prefer a venture that requires less maintenance, but guaranteed profits. A vending machine is a great investment because it can be operated continuously. Aside from accepting coins or bills, some machines are designed to work with credit cards.
The Uses of Vending Machines
Vending machines can be used to sell a wide range of products. You can choose a product that you like and sell it at a strategic location or you can also cater to the needs of your target market. A vending machine can be used to sell any of the following products:
Snacks – food items are very common in the vending business. You can fill the machine with different items like chips, candy bars, gums, and many others. The ideal locations for machines that sell snacks include rest stops, hospitals, offices, schools, and break rooms. As long as there is electric hookup, you can install the machine with ease.
Beverages – vending machines can serve either hot or cold beverages such as hot chocolates, coffee, sodas, water, teas, sports drinks, and fruit juices.
Consumer goods – it can be hard to find a store that is open 24 hours. A solution is a vending machine that sells consumer goods like washing products, condoms, sanitary pads, and any other household product.
Cigarettes – there have been issues before about selling cigarettes to minors. Underage buyers are not allowed to purchase cigarettes. The machines will require the buyer to present an ID or smart card/debit card, or driver’s license to prove age.
Aside from the individual products being sold by vending machines, you can also find ones that offer full-line and specialized vending. As the name suggests, full-line vending offers different types of products. A cafeteria, hospital, school, or office can request for full-line vending so that everything is located in one convenient location. The machines can sell chips, milk, fresh fruits, candies, cold food, cookies, sodas, hot drinks, bottled drinks, and many others.
Specialized vending is an option as well. For instance, the vending machine can sell live baits and other fishing equipment. Personal products can also be sold in rest rooms like tampons, pads, condoms, colognes, medicine, etc. These specialized machines can also be placed in airports, service stations, and bus stations.
Other Concerns as to the Use of Vending Machines
With the growing concern of obesity and other health conditions, you can now find vending machines that sell healthy food alternatives. For instance, in schools, vending machines that sell candies, junk foods, and sodas may be banned. Therefore, only machines that offer fresh fruits, cookies, biscuits, and other healthier food items are accepted.
If you are interested in the vending business, you should be aware of the different options that are available to you. Conduct a thorough market research, and you can decide which products to sell. The vending business can provide you with great profits, but you should know what to sell and how to properly maintain the machines to ensure repeat customers.