Why is it that unmanned vending machines are booming now?

In recent years, under the trend of new retail, vending machines are nothing new in China. You can see them in subway stations, office buildings, and shopping malls. Why is it a good time for vending machines to flourish? 1. The operating costs of the traditional retail industry are getting higher and higher. From the perspective of the retail industry, with the decline of online traffic dividends, the value of offline traffic has become more and more prominent, but the offline store format also faces high labor costs. And rent cost pressure. Compared with traditional retail, the biggest advantage of vending machine is low cost and no labor cost. As a self-service retail terminal, its point distribution is flexible, and it can penetrate into corridors, subway stations and other difficult-to-access spaces. Meet instant convenience and random consumption needs, and can be open 24 hours a day, flexible operation, more convenient and faster. Coupled with the rise of mobile payments, the domestic vending machine market has blossomed and developed rapidly in recent years. 2. Huge room for the development of domestic vending machines. The development of vending machines/vending cabinets in recent years and forecasts for next year are as follows: 1. Number of machines: increase by 10 times in 5 years, breaking through 1.2 million units, and net increase of 300,000 units per year; 2. Machine manufacturing industry output value: a net increase of 5 billion per year; 3. Commodity sales: an increase of 10 times in 5 years, breaking through 50 billion, becoming a new retail channel; from the recent domestic retail exhibitions, it can also be seen that people are interested in instant convenience The demand for vending machines is increasing, and the domestic business environment of vending machines is becoming more and more mature, and the choices of goods and points are becoming more and more diversified. However, compared with other developed countries, my country's vending machine market is still in its nascent period, and the per capita coverage rate is much lower than that of other countries, and demand exceeds supply. 3. Intelligent technology upgrades The introduction of smart connection networks for vending machines to realize simple mobile payment functions and cargo management functions has improved the operation efficiency of vending machines and has more room for imagination in the business model. The operating core of the rapid development of the vending machine industry 1. Increase revenue: abandon the single business model, carry out diversified marketing, increase revenue, and select more cost-effective hardware to reduce operating costs; 2. Improve efficiency: unified system management, operating data at a glance To improve operating efficiency;