What are the common vending machine business models

The vending machine industry has been developing for more than half a century. According to the survey, there are currently more than 18 million vending machines in operation. There are about 6.91 million vending machines in the United States and 5.8 million in Japan, accounting for the total number. In contrast, China has a large population and a large area. The total number of various vending machines is only more than 300,000 units. The actual scale is still out of proportion to market demand. However, according to China's self-service sales in 2017 According to the public data at the Expo of Vending Systems and Facilities, in 2020, the total number of vending machines across the country will approach more than 1.3 million, which is several times more than in 2015. Domestic consumers' demand for vending machines will usher in an explosion in the market. Let's take a look at what are the business models of vending machines in China? 1. Direct purchase from vending machine manufacturers There are currently several large vending machine manufacturers in China, such as haloo, Fuji Bingberg, Aucma, etc., which are still very influential in China. Operators can directly purchase equipment from vending machine manufacturers, and then operate independently. The customers usually complete all the maintenance and operation processes such as laying of the machine, purchasing goods, replenishing goods, receiving banknotes, replenishing coins, and back-end management. Vending machine manufacturers are responsible for the installation, testing, and after-sales services of the machine. Although this model is a bit more troublesome for first-time operators, and there are many things to learn, the operators can get all the operating profits, which is generally very cost-effective. At present, the purchase price of vending machines is not as high as everyone thinks. For example, the infinite treasure box can be obtained for less than 10,000 yuan. Finding the ideal placement point will quickly pay back. 2. The cooperative leasing model is divided into two types. The first is that the tenant pays the rent to rent the machine, and then operates it independently. In the early stage, vending machine manufacturers or operating companies provide training on the use and maintenance of vending machines, and free repairs (not including man-made damage) during the later lease period, and all profits generated by the operation belong to the tenant. The second is that the operator cooperates with the vending machine manufacturer or operating company, pays a certain deposit, there is no rent, the manufacturer or company provides equipment, the operator operates independently, and the profit is distributed proportionally to the operating company. This cooperative leasing model can reduce the risk of investors. 3. Cooperative investment This is relatively simple. The partner provides a suitable venue, and the vending machine manufacturer or operating company is responsible for the installation and operation of the machine, and the profits are reasonably distributed between the two parties. Most customers of this type of business model are not for profit. For example, in order to facilitate the shopping needs of employees, the industrial park puts out a spot in a suitable place for vending machine manufacturers to operate independently. 4. Agent franchise This is a relatively common mode in the vending machine industry at present. After an agent joins a certain brand of vending machine, pay a certain amount of deposit or franchise fee, and then get the equipment to be put on and operate to the stipulation After the time, the brand will return the deposit. During the operation period, brand owners provide machines and products to be sold, as well as the skills and experience needed in the operation of vending machines. This is more suitable for start-up entrepreneurs or people who are not willing to worry more. Of course, the profit sharing will be less. In any case, it is fair and reasonable that whoever pays more will get more, and whoever takes the higher risk will get the higher profit. The above are the current mainstream vending machine business models. Different models have their own advantages and disadvantages, and entrepreneurs can choose according to their own circumstances. Of course, with the continuous change of business models, new models of vending machines will certainly emerge. No matter what the model, it is important that customers and manufacturers achieve mutual wins and better serve consumers. Editing of this article: Xiaoyi Search Hot Words: Vending Machines, Unmanned Vending Machines, Vending Machine Manufacturers Official Website: http://www.et-vending.com/ Tel: 400-86-55011 Mobile: 18053215830 The data comes from the Internet, if there is any infringement, please contact us for processing. The copyright of this article belongs to the haloo vending machine.
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