PROFESSIONAL DESIGNER &MANUFACTURER OF VENDING MACHINE

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What is the return on the investment profit of the vending machine?

by:Haloo      2021-07-27
What is the return on the investment profit of the vending machine? Hello everyone, I’m the editor, today I’m going to talk to you about vending machines, let’s get to know them together. Everyone knows that in recent years, with the rise of new retail, more and more vending machines have appeared in various places such as streets and alleys, schools, hospitals, stations, and so on. How the investment profit of the vending machine is always a matter of concern to everyone, and the profit of the vending machine is also determined by many factors. Like offline physical stores, as a retail terminal, vending machines have relatively high requirements for the place of operation. As long as the place is good enough, the profits of the vending machine will show good profit data. The better places are schools, factories, hospitals, stations, tourist attractions, etc. These places either have a very high density of effective customer groups or a particularly large flow of people. Let's first focus on the profits of the vending machine market.  1. Convenient and fast  On campus, traditional retail methods such as supermarkets, commissaries, and newspapers cannot fully meet the needs of students, and it is difficult for them to be open 24 hours a day. The vending machine can be left unattended and can operate 24 hours a day, all year round, which is not only convenient, but also greatly reduces labor costs and shop rents. The placement of vending machines is also more flexible. For example, in the library hall of the teaching building, downstairs in the dormitory, beside the playground, at the entrance of the restaurant, etc., scenes that have demand but are not suitable for opening a store are very suitable for placing various vending machines. 2. Support a variety of payment methods. In addition to cash, vending machines can also customize various payment methods such as student meal card swiping, WeChat Alipay mobile phone scan code payment, face swiping payment, etc. The payment methods are more convenient and novel, and students are all Like to try new things. Elementary schools, middle schools and colleges can choose the above payment methods and combine them according to the attributes of the students.  3. The repurchase rate is high and return to the original quickly.    How about the profit of the vending machine? If you just say that it is high, it is definitely not convincing. Students prefer fast-moving consumer goods such as various snacks, beverages and dairy products. Although the profit of a single product is not very high, the sales volume is very large, and the more sold are sold quickly, and the overall profit is still very good. Schools are an ideal place to operate vending machines. Generally, they can pay back their costs in about 11 months on average. After that, they are pure profits. This is a well-known thing in the industry. The key is to have channels to put them in. Generally, you need to have a relationship or tender. Relying on big data and cloud background technology endorsed artificial intelligence self-service is the development trend of all walks of life, the new retail industry is also the same, now vending machines are gradually replacing a considerable part of traditional stores, vending machines have just started in China Development, the market vacancy is still very large, the prospects are very good. If you want to know more about the latest industry information about vending machines, please log in to our official website haloo-vending.com and we will bring you more practical tips.
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