How do vending machines make money

Vending is currently regarded as an emerging retail format, with low investment, fast returns, and simple management mode, attracting a large number of young people who want to start a business or want to engage in a sideline business. Since the vending machine entered the Chinese market, its convenience has effectively improved the quality of people's life. However, since the initial pressure from all parties and technical requirements have not reached the market needs, domestic vending machines have been tepid. With the passage of time, the development of the domestic economy, the growth of labor costs, and shop rents, when commercial facilities in many areas can no longer meet people's needs, more people begin to pursue instant, casual and convenient consumption methods. Coupled with the coverage of the Internet and the improvement of mobile payment technology, it quickly leads the Chinese retail market. The advantages of 24-hour service, low cost, and intelligence have opened the door to unmanned retail and opened the era of vending machines! How do vending machines make money? 1. Unmanned sales, one open 24 hours a day The vending machine is quite a small convenience store, which is mainly merchandise, so the main source of money is merchandise. However, it is fundamentally different from convenience stores. Vending machines are also called unmanned vending machines because they do not require manual sales. They are open 24 hours a day. Regardless of whether it is windy or rainy, as long as there is electricity, the vending machine can always be used. It is open all year round, so compared with convenience stores, except for the cost of goods, the maintenance fee of the vending machine, and the electricity bill, the rest is the profit earned. 2. Media advertising, additional revenue. Vending machines have large screens and can place advertisements. In addition, there are advertisements on the fuselage, if it is done well, the advertising effect will be effective. Compared with traditional physical retail stores, this not only reduces the cost of media advertising. You can also cooperate with other businesses to allow them to play advertisements on vending machines to increase advertising revenue.

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[拓展名称] include a great variety of devices with a wide range of complexity: from simple commercial vending machine used since prehistoric times to the complex of modern mechanized vending machine manufacturers.