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Vending Machines | China Popularizes Intelligent Vending Machines

Vending machines: In China, 'smart vending machines' that use cutting-edge IT technologies such as face and vein recognition have become popular.   According to a report by Nihon Keizai Shimbun on June 22, unlike convenience stores, smart vending machines no longer need to pay store staff and rent. They have advantages in cost and are posing challenges to convenience stores. These vending machines are researched and developed by Shanghai Shenlan Technology Company, and there are already 20,000 orders for them. It is expected that smart vending machines will be mainly installed in railway stations, airports, parks and other places in the future. Beverage vending machine    reported that in a corner of a residential area in Shanghai, several devices similar to convenience store refrigerators are placed side by side. This is a smart vending machine using vein recognition technology. The merchandise sold includes bottled drinks and snacks, etc. A lady living nearby brought her palm to the corresponding sign on the machine, and the cabinet door opened automatically.   reported that this smart vending machine has established a cooperation with the smart phone settlement system Alipay. After confirming that the vein information is the person, the multiple cameras installed on the device will detect which products the customer has taken, and then close the cabinet door and complete the settlement through Alipay. Customers don’t even need to take the phone out of the bag.   It is Shenlan Technology, a start-up company in the field of unmanned shops, who developed this system. The price of a smart vending machine ranges from RMB 30,000 to RMB 35,000. DeepBlue Technology has already received 20,000 orders from companies in the dairy industry. The company’s founder and CEO Chen Haibo proudly said: “We have many advantages over traditional vending machines. The current competitor is convenience stores.”    reported that smart vending machines are mainly produced by Chinese start-ups. Promote research and development.  E-commerce in the fresh food industry Daily Youxian.com is developing a system that combines a camera and a weight sensor to identify customers taking away products. Alibaba's online ordering platform 'Are you hungry' is also developing smart vending machines with weight sensors.   reported that China’s current vending machines are far less popular than Japan. In addition to security factors, in China, the circulation area of u200bu200bcoins is also restricted, which makes it difficult to promote low-cost coin actuarial vending machines.   However, reports indicate that vending machines that use smartphones for payment have solved this problem first. Nowadays, smart vending machines with higher technology using sensors and cameras and other devices have appeared, and they are taking away the business of convenience stores that are rich in variety, convenience and speed. The research company iiMedia Consulting believes that the scale of the unmanned sales market, including smart vending machines, has reached 400 million yuan in 2017. It is expected that this number will surge to 13.5 billion yuan by 2020 and will gradually erode in 2017. The market size of the convenience store industry has reached approximately RMB 190 billion.   The report asked: Who can win the convenience store that achieves growth with meticulous services and the unmanned smart vending machine that is superior in convenience and cost? The human-computer battle in China's retail industry may become more intense.

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