Why are vending machines not highly popular in China?1

In Japan, there is one vending machine for every 25 people on average, one for every 40 people in the United States, and one for every 50 to 120 people in Europe. In some countries, the sales of vending machines account for more than 60% of the national retail industry, and it is increasing at a rate of 10% per year. Industry insiders believe that an important reason for the popularity of vending machines in developed countries is the update of residents' consumption concepts. The reasons why the number and penetration rate of vending machines in China are not high enough are as follows: 1. The utilization rate is not high: the main reason is probably that Chinese consumers have doubts about the reliability and ease of operation of vending machines. In addition, the products sold by vending machines are relatively simple, and the prices are generally higher than similar products in supermarkets and convenience stores. 2. Uneven distribution: Since our vending machines have not been fully popularized, the equipment is more concentrated in places with a lot of traffic, such as big cities and business districts, resulting in limited service coverage and inability to fully develop consumers' habits. usage habit. Although the development of self-service vending machines in my country is relatively late, but the speed is fast, the development space is large, and the industry has a good momentum of development. In 2019, the number of people in my country will reach 1.4 billion. According to the calculation of one self-service vending machine per 4,000 people, my country's self-service vending equipment remains The volume reached 350,000 units. From the perspective of market size, in 2018, the sales of goods and services in the self-service vending machine industry continued to maintain rapid growth, and the market size reached 19 billion. According to the growth rate of self-service vending machine equipment in 2019 and the growth rate of retail sales of social consumer goods in my country, it is initially estimated that the market size of the self-service vending machine industry in 2019 will be 28.5 billion yuan. (The source of the above data: Qianzhan Industry Research Institute) We firmly believe that China's vending machine industry, after experiencing a slow period of market introduction and gradual development, will surely usher in a stage of accelerated development and explosive growth, and the spring of the industry is coming. Cloud selection is a big data-driven full value chain public space operation service platform. Focusing on the three major business segments of new infrastructure, new retail, and new communities, it provides one-stop services for site selection, construction, and operation, so that public spaces can better serve the public. Relying on the advantages of powerful platform resources, Yunxuan covers residential communities, commercial offices, industrial parks, stations, school scenic spots and other property public spaces, and connects 5G communication base stations, communication equipment rooms, charging piles for new energy vehicles and electric bicycles, charging and swapping cabinets and New infrastructure such as charging and swapping stations; new retail such as vending machines, express cabinets, and takeaway self-pickup cabinets; three new community scenarios such as smart garbage classification, face recognition, access control gates, cultural, sports, health and education facilities, etc., and strive to become China's leading public space operation service platform.

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