Guangdong: The popularity of vending machines is not accidental

Since entering May, the demand for vending machines in Guangdong has shown a blowout phenomenon, and the demand for beverage vending machines, adult vending machines and customized vending machines launched in Guangdong has exceeded demand. In fact, judging from the development background in recent years, the popularity of vending machines is definitely not accidental. It will become a trend in the future to carve up the market share of physical stores. (Supply situation of China's vending machine industry in the past ten years) According to the data of Chinese market research, from 2011 to 2017, vending machines have increased by about 177%. Among them, 2014-2016 is obviously the bottleneck period of the market. According to Guangdong Intelligent analysis. In 2013, China's vending machines introduced mobile payment technology to expand payment channels. Around 2016, cash and mobile payments were realized to promote the development of vending machines. Until 2017 ushered in explosive growth, which was called 'the first year of the vending machine outbreak'. In addition to the development of mobile payment methods, the outbreak of vending machines is also inseparable from the support of the overall market environment-1. The growth of domestic labor costs According to data released by statistical agencies, labor costs in China have increased fivefold in the past ten years. In 2016 China's manpower salary increased by 8%, ranking first in the world, far higher than the world average of 2.5%. In recent years, the labor costs borne by China's private enterprises have continued to rise, which has also led many retail entrepreneurs to gradually change their minds and invest in the operation of unmanned vending machines to reduce labor costs. 2. It has become a consensus that offline physical stores are becoming more and more difficult to do with rising urban rents. The location of physical stores is very important, but this involves rental costs. Although shops are currently showing signs of decline, the rental costs of shops in better locations are still higher. According to a report by a real estate research institution, China's overall rents increased by 7% in 2017, and the profits of physical stores were again compressed. On the contrary, the space occupied by the vending machine is extremely small. As far as the location is concerned, each vending machine produced in Guangdong only needs a few square meters of space, and the location fee is almost negligible. The pressure of rent and labor costs just provides an opportunity for the development of vending machines. The advantages of 24H uninterrupted operation, low cost, small size and flexibility have opened the way for rapid development of vending machines. 3. Adapt to the trend of development. If vending machines are small and flexible, the product characteristics determine the development space, then the variety and convenience of their products are undoubtedly a speed increaser. In the Internet age, young people have become the main consumer groups. Unlike the older generation, the younger generation pursues convenience and is unwilling to be influenced by shopping guides, making self-service the first choice for young people. Automatic facial mask machines, self-service jewelry machines, self-service orange juice machines, etc., the retail of goods in the form of vending machines has risen from 'sporadic' to bloom everywhere, breaking through the traditional form of vending machines, and appearing in more and more fields with different appearances , Compared with traditional retail, the advantages are obvious. Guangdong Intelligent Technology Co., Ltd. () is committed to the manufacture of vending machines, providing high-quality products to customers around the world, and providing the best segmented products and professional self-service retail solutions for different customer needs.