Smart vending machines are extremely popular worldwide and now in India. With a projected market value of US$ 130 Billion by 2023, it is one industry that is growing at a CRGP of 9%.
Plus the shifts in consumer behaviour and shopping patterns, automatic vending machines have been aiding businesses with instant gratification, cashless transactions and data analytics to enter the micro market of unmanned retail.
Additionally, with product-specific customisation, vending has gone beyond the tradi
USED vending machines are sometimes the BEST investment. Its almost ALWAYS BETTER to have BOTH a snack and beverage machine in any particular location.
Are vending machines profitable? Yes, vending machines can be profitable. The average vending machine earns $35 a week, but vending machines that are well-stocked and placed in safe, high-traffic locations can generate over $400 a month.
In short, the best answer is AFTER you’ve secured a location.
:
If you buy a drinks machine and find a site where you could sell wrist watches from a machine and make a fortune, your question is answered ?
A vending business is only as good as the sites it services. By this I’m referring to the return each site provides; The return is linked to a variety of factors amongst them the type of products you are selling from the machine.
Comments (4)
Vendekin Technologie...
2
Vending Simplified
Smart vending machines are extremely popular worldwide and now in India. With a projected market value of US$ 130 Billion by 2023, it is one industry that is growing at a CRGP of 9%.
Plus the shifts in consumer behaviour and shopping patterns, automatic vending machines have been aiding businesses with instant gratification, cashless transactions and data analytics to enter the micro market of unmanned retail.
Additionally, with product-specific customisation, vending has gone beyond the tradi
YVS India
3
Coaching Institute
USED vending machines are sometimes the BEST investment. Its almost ALWAYS BETTER to have BOTH a snack and beverage machine in any particular location.
Siya Tech
4
Digital Marketer
Are vending machines profitable? Yes, vending machines can be profitable. The average vending machine earns $35 a week, but vending machines that are well-stocked and placed in safe, high-traffic locations can generate over $400 a month.
Vincent M.
1
Marketer and Copywriter
In short, the best answer is AFTER you’ve secured a location.
:
If you buy a drinks machine and find a site where you could sell wrist watches from a machine and make a fortune, your question is answered ?
A vending business is only as good as the sites it services. By this I’m referring to the return each site provides; The return is linked to a variety of factors amongst them the type of products you are selling from the machine.