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Are there any advantages of unmanned vending machines? Hello, everyone, I am editor, do you know vending machines? Today, the editor will analyze it specifically for you, and I hope it will be helpful to you. Cost does not directly determine the market price. In real life, the automatic vending machines we see are more expensive than the drinks in the supermarket, and high-priced goods are often sold at higher prices. It is formed by competition. If someone sets a low cost on a high price, someone will inevitably imitate it. Intensified competition will eventually push up the cost or lower the price. One case, or both. When this mechanism encounters resistance, we can observe the deviation between the cost and the selling price. For example, the pricing of certain state-owned monopolies may be higher than the running cost of a roadside store or supermarket for a vending machine, but this is not the reason for its higher price. It is usually placed in some special places . In these places, or the price elasticity of consumers will be relatively low, such as amusement parks, or there are no other competitors around, even if there is a business model that sells at higher prices, such as convenience stores. The same is Coke, supermarkets sell Coke, Vending machines selling Coke are essentially different. The difference in time and space makes vending machines unable to buy Coke in supermarkets for customers. This makes supermarkets and vending machines even when selling the same goods, their monopoly power, demand price elasticity are completely different, and then different profit-maximizing price levels. Correspondingly, others with strong monopoly power Enterprises or consumers with lower price elasticity may also raise prices to a higher level. If you want to know more about the latest industry information about vending machines, please log in to our official website haloo-vending.com. We will bring you more practical knowledge.
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