Impact of Technology on Vending

The purpose of technology in vending is to make vending operations more secure, reliable and profitable. Cashless payment options in vending has become more widespread in recent years that now, consumers are pleased with the convenience of using debit or credit cards for everyday transactions. The development of practical cashless payment systems for vending had been predicted for two decades. The impact that this technology can have on your Planet Antares vending business, will be profitable.

Vend operators
Advances in equipment technology and computer software are giving vending operators more control of their business. These tools are beneficial in route management, service scheduling, cash accountability and product selection. When it comes to product selection, there is usually a misconception between popularity and profitability. This technology will enable you to choose a more profitable product mix for your Planet Antares vending business.

V-Commerce, Planograms and Category Management
V-commerce is the term used to describe the nearly unlimited range of advanced automatic merchandising technology application opportunities available to the vending industry. This will bring about reliability and efficiency in your Planet Antares vending business. Software companies offer planogram modules and sales analysis tools as an aid to better, more informed product selections. Product selection in your Planet Antares vending business is essential for the success of your vending business. Planograms are usually organized according to the location type and machine configuration. The impact of this system is effective merchandising. A planogram analysis basically enables projections based on item level financial data to determine product rotation groupings. Planograms will provide a tool to ensure that you have only the better selling items in your Planet Antares vending machines.

Category management is where manufacturers, distributors and suppliers manage groups of products efficiently with respect to pricing, merchandising, promotion and availability. Category management can increase sales and profitability in your vending business, through coordinated efficiency at both route and warehouse levels by assisting vend operators with space optimization. The customer will be satisfied because their demands have been met. This system provides vend operators the ability to choose appropriate product categories, allocate slots/spirals/space efficiently and to develop a profitable product mix, while providing a blueprint for machine menu planning