How to Start a Vending Machine Business – Tips to Remember
December 16, 2020
People using a vending machine is not an unseen sight. Nowadays, each city has some of these different vending machines. If you love to begin a small company using different types of vending machines, then vending machines business opportunities could offer super-duper goodies. Yup!
Look at it this way, you find these machines lying in many cities. Then, you hear that these units offer twenty two billion USD each year. Doesn’t that sound profitable? If yes then this sound is more than enough to research about different best vending machines to own. Also consider how vending machine locations helps you to grow your business
Different Types of Vending Machines
1. Vending Machine for Food and Beverages
In the yearly report of Vending Market Watch they say that machines, candies, snacks and sodas cover the major part of the United States vending market share. One third of this vending machine business selling is taken by the soda sector.
You can use this data to sell sodas. You must begin using vending machines for business with something that sells well, especially if the machine sells snacks and sodas. There are businesses that use several types of machine in a single place while others use one kind of machine for various places.
Use the location for your benefit, like pack certain food for gyms and others for schools. There are people who will pay any amount to buy healthy alternatives from snack vending machines.
2. Vending Machines that Sells Bulks
This type of machine sells a rubber-ball, sticker and gum-ball in bulk. You need low investment and get low bills for maintenance.
Such machines help you with low bills yet they offer the benefit of bulk sales. All you need is a second hand machine for just fifty USD. Yet, they will usually offer thirty USD each month in return.
Such goods cost very less money for the customer but when you place the vending machine near places where kids gather, they give regular paychecks to you.
Many such vending machines that sell in bulk use mechanical power. Hence, you don’t get power bills. And, to operate this unit you have zero costs.
Such second hand machines for candies and toys are old. You must renovate the unit to make it run smoothly again.
3. Special Vending Machines
Don’t just invest in eateries and beverages, reach out to bigger stuff. Huge public areas like a mall, sports arena or an airport need to give bigger goods such as cosmetics, technology goods or similar special products.
These units utilize the usual vending unit science, while others get labeled as the automatic retail machine.
4. What to Sell in these Special Units
Tobacco
In the United States many states allow you to legally sell tobacco on vending units. You can thus get good profits based upon the state tax. Some states also allow vending units selling cannabis nowadays. Although the market for such rare goods is less.
Hot Beverage
You can sell special goods like hot coffees, teas or soups in office areas successfully. Similarly, conference halls and university halls can help you sell such goods using these special coffee vending machines.
Manufacturing units usually create special beverages units or coffee vending machine business units alongside ordinary machines. Hence, you can buy both goods from the same producer.
Retails
In railway stations, shipways, transit stations and airports you can sell a phone charger, headphone, and neck pillow. These goods will sell like hot cakes in such places where the traveller needs these emergency products.
You must speak to these places in order to get a permit to sell goods. High class vending units can be placed at a mall or airport to offer luxury cosmetics and tech goods.
Laundry Goods
You can sell single packs of washing powders, fabric-softeners, plus dryer sheet sets on a vending unit. But you must catch hold of the correct area such as the laundromat, apartment complex and dormitory.
Frozen Goods
Frozen goods like any food are easy to maintain inside the vending machine. You must have seen the outer glass covering in such units. This glass sheet is kept since you can see the actual food and decide if it looks spoilt or not.
Smart Units
These units use the current smartphone features such as a touch screen. You can also use the intelligent customer interacting feature to buy stuff. Such units can change the way your customer views your brand since smart technology is the best.
Elevator Vending Units
Some units sell food that can get spoiled or change colour easily. These foods can be a sandwich or a pastry. That’s where the elevator vending unit comes to rescue you, by selling such crucial food.
Office-Based Vending Units
Nowadays offices have a tonne of vending machines. They can get food, beverages, cosmetics or any personalized product within the confines of their offices. Your office staff will feel safe to use known vending units without having to travel to unknown places.
Personalized Vending Units
When people want a particular product that isn’t a common one then they can use these units. Explain to the vending unit manufacturing company to create a machine that sells one particular product which your customer needs.
Ice Cream Vending Units
When summer arrives or in tropical countries this vending unit is the most sought after one. Use these units in areas near the seas where the public need an ice cream badly. Then, you will gain maximum sales and profit from such intelligent vending units.
Book Vending Machines
These machines sell books at the airport, railway stations, transits or any such public areas. You can sell any kind of books on these studious looking machines.
Contraceptives and Pregnancy Testing Vending Units
Today our kids who are young adults need a vending machine that vends contraceptives. University campuses have placed such vending booths to offer useful items and even pregnancy kits.
Such units which sell condoms and contraceptives are useful to avoid any disease or an unwanted pregnancy.
Alcohol Vending Machines
In many countries you can use vending machines to sell legally allowed alcohol in the form of cans or bottles. Buyers who need a drink in a cold situation can buy them as they travel.
Pet Feeding Vending Units
In a nation such as Turkey where cats and dogs roam everywhere, people want to feed them. That is why the city administration has added the pet feeding booths.
Here anyone can throw away waste plastic containers into the vending unit. And, in return the dogs and cats get food dispatched in bowls.
These were the most interesting vending machines that I could find. You can learn about the various types of vending machines from above. Use the knowledge to create or buy one such unit and start selling to your customers now!
Awafi Vending LLC is grateful to be an exclusive vending machine supplier in Dubai, UAE. We are the producer and our gourmet coffees, teas, coffee machines, coffee basics, training, installation, repair, and helpful staff make sure you run a successful business. To know more in detail please contact us.
