Tag Archives: vending machines

How Vending Machines Have Embraced Technological Innovation

by on 23. Oct, 2011 in Business and Employment

Vending machines have been at the forefront of technological advancement in wireless technology and payment techniques. This article looks at three key areas where innovations been incorporated to benefit sales.

Look to the East for innovation

The first product innovation strategy to arise in places like Japan and Korea was to consider using vending machines for a broader range of products. This initially started out including fresh meat and fresh fish but also expanded to include garments, alcohol, etc.

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My Story About Achieving Vending Success

My Story About Achieving Vending Success

by on 01. Jun, 2010 in Business and Employment

I really enjoy vending. I have a full time regular job, but eventually my dream is to do vending full time. I had hoped I would be full time by now, but so far this has not come to pass. I would love to say that it was due to factors beyond my control, but the reality is that most of it was well within my control. Sure, the economy turned bad and turned some of my previously good locations bad. Yes the bad economy has cost me a few vending machines and a few locations and yes the economy has also made getting good locations even harder, but despite all my ranting about how much harder the economy has made it for vendors, the reality is that my lack of vending success falls squarely on my own shoulders. I’d love to blame it on something else, but I’m willing to own it.

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Energy Vending: Is it a Rip Off?

by on 02. Sep, 2009 in Business and Employment

Right now, in the vending community, people are discussing energy vending  pros and cons. While some claim that it is a decent product that does well, you will find others who believe that it is yet another biz op scam. I will not go into whether or not it is a biz op scam but will look at what it is and whether it is a practical option. Energy vending machines are created to sell a single product and only that product. In the long it’s better to purchase machines that can carry a variety of products. It just makes good sense. The other issue about energy products that sends up red flags for me is that you can only buy them from the company that makes that product. By pigeon-holing yourself you will be at their whims in terms of availability and costs. This does not mean I am saying stay away from energy vending; it can make up a minor portion of your vending business but I would not rely on it.

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