Take advantage of vending machines during the pandemic
In the situation that the Covid 19 pandemic is a concern of the whole society, the vending machine has gone upstream to create a new boom, which has interested investors. The covid epidemic is a sensitive time that anyone wants a vending solution. So how should businesses use the vending machine model?
1. The explosion of vending machines during the Covid pandemic
During the covid period, everything is gradually becoming automated, including purchases. That is why the vending machine industry is becoming more and more popular and necessary. Vending machines will automatically deliver products to customers 24/7, without human interaction, diverse payment forms through applications or e-wallets without using cash.
The convenience brought by vending machines has created a wave of new investors jumping into the business. Entrepreneurs are not only retail businesses but also new investors from apartment developers, office buildings, education, and school environments, pharmaceutical companies, etc..
With vending machines, we can easily trade in any product that we have strength in: food, beverage, cosmetics, pharmaceuticals, clothes, accessories, even masks, and disinfectants to serve the demand during a pandemic.
Vending machine business with low cost, simple operation process. You do not need a large space to do business, because each machine only occupies an average of 1m2 to 2m2. Enterprises will also save the cost of hiring sales staff because the machine operates automatically 24/7. Entrepreneurs only need to spend the initial capital, manage the loading process, and take money several times a month with the time that they actively arrange.
2. Benefits of applying the vending machine model
Ensure safety during the Covid epidemic: Vending machines operate 24/24 without the need for staff. Therefore, it will reduce the risk of cross-contamination in the community if there is an infected case. Businesses only need to ensure machine hygiene measures to prevent the spread of Covid. Moreover, imagine if you open a business store and during the epidemic season, it is forced to close then the application of vending machines will solve the fear of closing during the pandemic.
Cost savings: As mentioned above, investing in the vending machine model will save you a lot of costs compared to opening a store. This is also a suitable business form during the epidemic season to help increase revenue at the same time.
Wide range of products: Compared to traditional vending machines that often sell beverages, soft drinks, and instant foods, you can now trade a variety of products such as cosmetics, clothing, and accessories to be able to serve customers conveniently, especially during the epidemic season.
3. Difficulties
With the benefits that vending machines bring, businesses also need to prepare in advance to overcome difficulties easily and quickly.
To achieve high efficiency, entrepreneurs need to choose the target product line and buy vending machines that suit their needs. In addition to buying a new machine, you can also choose a rental or franchise model.
Choosing a potential location for the machine is also a difficulty that businesses have to face but it has a great influence on business performance. Choose a location where your target customer is located and a high traffic area.
It can be seen that vending machines are gradually becoming more popular in the current era, especially during the Covid 19 epidemic. This is an opportunity for investors and businesses to embark on a profitable business model. .
