The vending machine business model is an increasingly popular purchasing method with its fast, convenient and especially ensuring to limit direct contact. Therefore, more and more investors choose this business model. So what are the advantages of the vending machine business model that attracts the attention of many entrepreneurs? Let's find out with Dropfoods through this article!
1. Low Cost
One of the biggest advantages of the vending machine business model is low cost. Investors only need to spend a small amount of capital to cover the costs of machines and goods without worrying much about premises or hiring staff costs.
Operators can start with the machine rental form to explore the potential of this business model and see if this business is a good fit without having to invest a lot of money.
2. Reducing the risk level
One of the other advantages of the vending machine business model is reducing financial risk. Machine entrepreneurs can start with one machine to see how much money they can make with this business model. If they feel it is not suitable or not profitable, the machine operator can stop immediately to switch to another business model without worrying about losing a lot of money.
3. Does not take much time to manage
The third advantage of the vending machine business model is it does not take much time to manage and operate. With 24/7 automatic operation, entrepreneurs only need to schedule maintenance and refill goods for the machine every week or they can hire service from a reputable vending machine supplier in the market to be assured that the machine will always have enough goods and operate in the best condition.
At the same time, investors can easily monitor the operation of the machine through the integrated management software on the computer or smartphone. This feature makes it possible for them to conveniently manage revenue, inventory, advertising, and technical problems without having to go directly to the machine’s location. Therefore, they can use their time for other business activities.
4.Flexibility
The fourth advantage of the vending machine model is flexibility. Based on the research and market trends, machine entrepreneurs can freely and proactively consider which machine model to do business with, which products to sell, how to operate and manage. From there, choose the options that bring them the most profit.
If the business develops smoothly, investors can easily expand their business scale in many different locations with relatively low costs.
5. Generating passive income
The fifth advantage of the vending machine business model is that it can actively generate income automatically from renting advertising positions on the machine's LCD screen.
Just by letting brands rent advertising space on the machine on a monthly basis, entrepreneurs can make a pretty attractive profit without spending much effort to operate.
Through this article, you already know the advantages of the vending machine business model. You can immediately contact Dropfoods - one of the leading vending machine solution providers in Vietnam for advice and answer questions via the contact information below:
Address: Unit 401 PVFCCo Tower, 43 Mac Dinh Chi Street, Dakao Ward, District 1, HCMC. (Monday - Friday: 8:30 am - 5:30 pm)
Phone: (84) 28 6290 6066
Email: contact@dropfoods.com
Facebook: https://www.facebook.com/dropfoods
