Is the unmanned vending machine industry a good industry? Is there a prospect for new retail and what should be done?

The unmanned vending machine is very good, and the new retail is also very good. I can praise the sky-flowers. It is really good, but many people have failed to engage in this kind of new retail! Where is the reason for the failure? Where are the reasons for success? We all know that the development of unmanned vending machines is closely related to the level of local economic development. We must know that these self-service vending devices have been popular in Japan, Europe and the United States for more than half a century, and they entered China at the end of the 20th century. The beginning of the 21st century. The popularity of vending machines in China started in recent years with the popularization of mobile payments, but in just seven or eight years. As of the end of 2019, the total number of various unmanned vending machines in operation across the country was only about 500,000 units. Compared with the number of more than 4 million to more than 5 million units in Japan and North America, our vacancy is still very large. But it does not mean that money will be made if there is a prospect. There are ways to launch unmanned vending machines. Many people or the media put the label of being too lofty on the new retail in order to create a trend, and it doesn’t show that they are making money after investing, getting rich overnight, making quick money and reaching the pinnacle of life, etc., because they are out of the line. The essence of retail! Unmanned vending machines are offline retail terminals like street shops, and the essence of their profit is to sell small commodities to make a difference! Its position determines its profitability! Everyone knows that to open a store, the choice of location is very, very critical, and vending machines are no less demanding on location than opening a physical store. Because physical stores also have a certain drainage effect, the ability of unmanned vending machines to drainage is almost zero, relying on natural traffic. Speaking of this, everyone should have come to realize it? The key aspect of operating unmanned vending machines depends on the flow of natural people. This is why railway stations, subway stations, bus stations, big hospitals, schools, and big factories are all operating well. Either these places have a huge flow of people, or a large number of young people are highly concentrated! Therefore, site selection for unmanned vending machine operations is the key, and everything is useless without a good location!
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