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Wednesday, October 07, 2009

New Business Avenues in Vending Industry

The existence of vending machines can be traced in the first century. These machines were initially used to vend holy water in temples. Coin operated machines were invented in 1800’s and these were operated using coins. Since then the invention process went on and vending machines are used to sell a variety of products now. From the year 1950, vending machines were even used to vend insurance policies at airports.

With customers insisting on convenience and quick service, vending industry has been growing. Lured by its benefits, more and more operators are choosing this field. Several modes of vending machines are available in the market. Electronic drop shelf machines were initially used to vend single products. The next step after electronic drop shelf was the glass front vending machines. These have been recently developed and are far more beneficial than the closed vending machines.

Few benefits of glass front vending machine are mentioned below:

Better scope for sales: Glass front machines can generate more sales because customers can view the products that are being sold. This visibility is also helpful in grasping customer attention. These machines are best suited in busy localities.

Features: These machines usually come with LED illuminated monitors, pull forward trays, hassle free dispensing mechanism and refrigeration units. These features ensure prompt service and thus lead to customer satisfaction.

Shelf space: In glass front vending machines, more products can be displayed when compared to drop shelf machines.

Customer interaction: Customer interaction is more in a glass front vending machine when compared to a closed one. Customers can see the products which they are going to purchase.

Unnecessary wastage: These machines come with electronic tracking system, which prevents inventory wastage to a large extent.

More choice: Customers have a wide range of options to choose from.

Ideal for branded products: Glass front vending machines are ideal for selling branded products as these have more flexibility in setting prices of the products.

Operators can also get benefited by using glass front machines. More products can be sold using less shelf space. Not only this, electronic tracking system aids in tracking sales of products and prevents unnecessary wastage of products. All these features will draw more and more customers towards these machines.

Planet Antares, one of the biggest names in the vending industry in USA, offers state of art vending machines and also offer you best advice on all the aspects involved around starting your vending business.

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