Vending Machines
Saturday, April 24th 2010 @ 11:42 PM
Through technological advancements, the growth and vended volume has seen an increasing trend. The profound impact and accompanying evolvements since the early introduction of vending machines has transformed the traditional distribution channel.
Technological advancements include new payment systems, point-collection systems, mini-billboards and advertisings, service offerings, and a host of other technological innovations. These innovations have made it possible for vending machines to be used as an extended distribution channel for not only food and beverage products (e.g. snacks, can drinks, sandwiches, etc.), but also being able to vend a huge range of products and services including the retail of iPods, expensive perfumes, fresh apples, renting of DVDs, softwares, electronics, and even the vending of entire mini-mart worth of products.
Videos:
Interesting Links:
77 innovative vending machines -http://www.trendhunter.com/slideshow/innovative-vending-machines1
Enormous increase in product line offered by vending machines - http://smallbiztrends.com/2007/11/new-business-ideas-vending-machine-variety.html
The retail industry is now accepting vending machines as having the ability to provide product solutions conveniently, which is now utilized as a key competitive advantage versus other channels.
