Vending Machines and Social Media for Making Purchases  

Companies of all types have long been looking for ways to use the marketing power of social media to their advantage. After all, sites like Facebook, Twitter, Instagram and more all come with active user bases in the hundreds of millions of people – who wouldn’t want to tap into that? In the 21st century, companies are using social media marketing techniques to do a whole lot more than just send out the occasional clever tweet. Many companies are leveraging the power of social media with the benefits of the common vending machine to create a situation so enticing that people everywhere can’t help but notice.

Free Promotions

One of the best recent examples of using social media vending machine equipment takes the form of a promotion executed by the Boston Red Sox. The Boston Red Sox rented a vending machine that was connected to the social media network Twitter. If a user was in the vicinity of the machine and tweeted using a specific hashtag, the machine would dispense certain products.

The real crux of the idea, however, was that a signed jersey from one of the Red Sox’s star players was inside the machine. One lucky Twitter user could use the right hashtag to win the jersey, creating a situation that fans came from all over to participate in.

Old Navy

old navy vending machine

Another example of a company putting vending machines to good use is Old Navy. Every year, Old Navy has a sale where they discount a huge number of different pairs of flip-flops to just $1. One year, Old Navy took the promotion to the next level with the involvement of 36 different social media powered vending machines in New York City and Los Angeles. If a customer came across the machine, all they had to do was log into Twitter from a tablet that was attached to the machine itself and answer a few questions in a survey.

Once the survey was completed, they could then specify their shoe size and take home a pair of flip-flops to call their own. One user also won a $5,000 vacation package, generating buzz for the campaign that was impossible to ignore.

These are just a few of the many ways that companies are using social media enabled vending machine units to their advantage. As you can see, vending machines are no longer just for selling snacks in between shifts at work or for picking up the occasional soft drink in between classes. They’re a full fledged marketing channel that can generate millions of dollars a year in revenue if utilized effectively.

Investing in Used Vending Machines

When people think about used equipment, normally the images that immediately come to mind are negative ones. After all, who among us hasn’t purchased a used computer or television set or some other item over the years only to run into irritating (and costly) issues down the road? Certain companies are proving, however, that you need to throw these preconceived notions out the window – at least as far as vending machines are concerned. Investing in used vending machine equipment is a decision that brings with it a host of different benefits that can’t be ignored.

green check markBuying with Confidence

Companies like Vending.com take guesswork out of the equation by only selling used vending machines that have been factory remanufactured by trained professionals. Every snack machine, drink machine or other piece of used vending equipment is certified to meet industry high standards. Not only does this allow the machine to perform at peak efficiency at all times, but it also gives you the peace of mind that comes with knowing you’ve got a machine that you can rely on.

green check markWarranties

Another one of the reasons why it makes sense to invest in used vending machines has to do with the types of warranties that these items normally come with. Vending.com, for example, offers a one year warranty on all machines and a 90 day parts warranty on control boards, coin acceptors, bill acceptors and other important components.

green check markCost Effective and Environmentally Friendly

Perhaps the most important reason to invest in a used vending equipment has to do with the cost effectiveness of your decision. 100% vending machine financing is often available on these items and you’re usually getting a machine that is just as good as a brand new option at a drastically reduced price. Oftentimes it only requires as little as five sales a day to run into profits on these machines.

More than that, investing in used machines means that you’re also making the decision to recycle. These used machines go back out into the population where they can be of good use and they won’t sit in a factor (or a landfill) without a purpose.

These are just a few of the many reasons why investing in a used vending machine may be the right choice for your business. Not only do you get a high quality, factory remanufactured and certified piece of equipment, but you also get to add a well-stocked and properly executed vending machine to your business in the most cost effective way possible.

1st Century Vending Machine That Will Blow Your Mind

When you think back over the history of vending machines, you probably call to mind images of their evolution throughout your lifetime. The snack vending machine that you enjoyed at school as a kid pales in comparison to the high-tech solutions that we have available today. If you had to make an educated guess about when the first drink vending machine appeared, you would probably guess the 1970s or even the 1950s at the earliest, right?

In reality, the world’s first vending machine actually dates all the way back to the first century. Though it holds little resemblance to the soda vending machine that is probably in your office right now, it still has a rich and storied history that is more than worth exploring.

Heron of Alexandria

The first device that would be considered a vending machine was created during the first century by a man named Heron of Alexandria. Heron was something of an inventor in his day and actually played a huge role at the ground level of a number of the things that we depend on daily. In addition to having a hand in the development of the steam engine, wind-powered machinery and even the syringe, he also one day found himself in a situation that directly led to the concept of the vending machine.

Heron realized that churches at the time had a problem. People had a tendency to take too much holy water at temples, which left these locations without the necessary supplies needed to hold their services at the frequency that they’d like. With that simple premise, Heron went to work in his shop and changed the face of the world at the exact same time.

The Solution: Vending Machines

Vending.comHeron’s solution took the form of a machine that allowed people to drop tokens inside. Once the tokens were recognized by their weight, a small lever would then open a small door and holy water would be dispensed. As the weight of the coin continued to shift, it would eventually fall back into a tray and the door would close again.

Suddenly, all of their problems were solved. People were less likely to take too much holy water if they knew they were paying for them and the temples didn’t have to keep employees nearby at all times to monitor the situation. In one fell swoop, Heron both solved a problem in a wholly unique way and set the stage for devices that we now use on a regular basis at the same time.

The next time that your uncle or grandfather tells you about how he remembers when the world’s first vending machine hit the market when he was a boy while you’re all gathered around the table for Thanksgiving dinner, you can politely correct him – unless he happens to be 1800 years old, that is. You can then tell the story of Heron, the man who now made it possible to get everything from medicine to office supplies on demand and in the most convenient way possible whenever you’d like.

Vending.com

Do Not Miss Our End of the Year Blowout Sale!

‘Tis the season for holiday sales, and Vending.com has some great end of the year deals lined up for our customers. As the country’s #1 vending machine provider, we sell, manufacture and distribute snack and drink vending machines that are made right here in the USA. Our end of year vending machine promotions can not be beaten.

The Deal

If you are in the market for snack and drink vending machines, you can not afford to miss this vending machine sale.

For a limited time, we are offering

  • Up to $700 off factory certified snack and drink vending machines
  • Factory certified snack vending machines from $1,880
  • Factory certified drink vending machines from $1,770
  • These prices reflect savings up to 29 percent off of our regular prices

All of our factory certified vending machines offer electronic coin and $1 and $5 bill acceptors. We also offer 100 percent financing for as little as $117.85 a month. If you have ever thought about expanding your vending business, today is a great day to make it a reality.

Why Should You Buy From Vending.com?

When you buy a machine from us, you are entering into a partnership that will help you start your vending business from the ground up, or take your existing business to new heights. We offer a full range of vending machines to choose from with each vending machine manufacturer located here in the United States. From our white glove delivery service to our repair services, we can help you ensure that your vending machines are always working hard to build your business. We offer a wide range of vending machines including traditional snack and soda machines as well as hot beverage, cold and frozen food, and fully customizable machines to fit any need.

Vending.com delivers and services snack and drink vending machines across the nation. If you are in the market for a vending machine, contact us at 888-290-9356 to discuss our current promotions, vending options to fit your needs, and how we can help you start or grow your business with reliable factory certified machines.

Malt Liquor found in Pepsi Vending Machine

Drink Vending MachineWell here is something you do not hear about every day. Imagine strolling to your favorite Pepsi vending machine in search of a delicious sugary beverage, only to find a few bottles of malt liquor tucked away where sodas used to be. According to the DCist, this is exactly what happened in Washington D.C. a few days ago.

The malt liquor was found in a drink vending machine in the Trinidad neighborhood. MPD officers have since disabled the machine, which was charging $3 for the malt liquor in an attempt to sell the drink to minors. The police have yet to find out who exactly found their way into the machine and filled it with some not-so-appropriate beverages.

You certainly won’t find malt liquor vending machines here at Vending.com. What you will find, however, are some of the industry’s best snack machines at even better prices. From soda and chips, to coffee, to everything in between, we have a machine that will instantly add value and revenue to your establishment. With flexible financing options and a dedicated support staff, are vending machines for sale are among the very best in business. And they certainly will not get you into any legal trouble.

How Are Millennials Driving the Vending Industry?

How Are Millennials Driving the Vending Industry?

Millennials, those coming into adulthood in the year 2000 and after, are driving the market across many industries including housing, technology, marketing, and even vending machine industry trends. As this group reaches maturity and have more disposable income, everyone is taking notice of how to market and sell to this demographic.

What Do Millennials Look for in Snack Vending Machines?

  • This generation has grown up with technology. Vending machines that provide fresh, affordable snack and beverage options at a touch of a button appeal to them.
  • The younger generations are more in tune with the impact that sugary sodas and snacks have on obesity and health causing the health market to be the fastest growing channel in vending machine industry trends.
  • Millennials rarely carry cash and prefer cashless options like Apple Pay, Google Wallet, and credit or debit cards; however, for low-cost transactions the probability of any consumer paying cash rises. A market savvy vending machine manufacturer will provide both cashless payment options as well as cash options that accept a wide range of bills and coins.
  • Providing mobile payment options also influences where operators place their machines. To complete a wireless transaction, consumers must have access to a clear cell signal, so locations such as basements where cell signals are at their worst are becoming less than ideal.

How Does This Change the Vending Industry?

Because the vending machine market is large, change will take time. Millennials are the perfect demographic for the vending market. They expect self-checkout options and as vending machine operators gather more data, micro-markets are expected to emerge.

The technology that serves the millennial generation so well is also helping the vending industry cater to them. Market analysts are beginning to predict a customer’s future possible purchases based on their past purchases. This data will help vending machine owners group products in a single machine that will encourage larger or repeat purchases from the same customer.

The convenience provided by technology also benefits machine owners. As owners provide machines that have wireless connectivity to allow cashless purchases for their customers, owners find that the same connectivity allows them to check machine inventory remotely. By knowing the machine’s inventory ahead of time, owners save precious time and money in restocking efforts.

As the nation’s leading vending machine provider, Vending.com sells and services snack and drink vending machines across the United States. Contact us at 855-712-8781 to see how we can assist you with your vending business.

Keep Your Employees Happy, While Saving Money

A company that keeps its employees happy is more productive overall and can more effectively meet the demands of the marketplace.

While benefits and other significant perks are a main focus for most businesses, smaller areas, such as an employee break room that offers nutritious foods, can also be perceived as important.

Employees usually need a nice, convenient working environment in order to concentrate on work, and spend less energy on decisions that support their general well-being. This is the reason that parking and other basic needs are usually important features of a positive work culture.

In the case of an employee break room, having a positive environment that offers nice decor, ample seating, and a comfortable space for either sitting alone or gathering with a colleague or two over a beverage or a quick meal, is important.

A break between work that recharges energy, gives an employee social support and offers a source of pride is a great gift for your workforce that can establish trust, reduce employee sick days and turnover, and increase your bottom line.

Vending Machine

A vending machine in a company break room is a primary source for snacks and even meals for many employees. While foods are also often purchased elsewhere, the convenience of on-site vending snacks and meal-friendly foods frequently becomes a staple for those working hard and requiring nutritious support to bring them to the next meal. In some cases, selections in a vending machine can actually offer meal replacements, which is a great time save that need to remain on the company grounds between meals.

Your employees may be eagerly anticipating the next vending machine selections that you choose.

Selecting snacks that provide nutrition, such as yogurt, cheese, pita chips, and sugar-free or low-sugar beverages, such as Vitamin Water, can support a healthier culture and extend productivity. If you instead stock a vending machine with mostly sugary snacks and offer fewer healthy options, it could affect the attention span of employees, and even their health.

A vending machine is traditionally considered a source of junk food, but the image and available food options is changing. Stocking an employee break room drink vending machines with tea, water and seltzer water, and a snack vending machine with fruit, and savory healthy foods will help show that the company is supporting their well-being and is aware of the leading health trends.

Purchasing a vending machine for sale and its products through Vending.com, which has been manufacturing vending machines since 1931, will give you the necessary tools to deliver a superior break room environment to your prized employees. It is crucial to work with a trusted and reliable company that knows the industry. From a coffee vending machine to one that includes mostly food products, Vending.com has you covered.

State of The Food and Drink Vending Machine Market, 2015 – 2021

14957-illustration-of-a-globe-pvModern society has become accustomed to the idea of obtaining beverages, snacks, and many other types of items from vending machines. The machines are becoming a standard part of various businesses and industries, which range from pharmaceuticals to free items for the fans of sporting events. The stagnant age of the vending machine has come to a close, and a recent report by Persistence Market Research, as reported on by Medgadget, indicates an overwhelming trend of growth for the vending machine industry over the next six years.

What’s Driving the Growth?

Consumer demand remains the ultimate driving factor in the growth of the snack vending machine market. In recent years, the public has become increasingly concerned with the nutritional value of the contents of drink vending machines and snack vending machine. Traditionally, these vending machines have contained items of little nutritional value, but the trend seems to be changing. As more governments have become health conscious of snacks and beverages from vending machine, vending machine manufacturers and owners who readily display the caloric value of available items are expected to reap significant profits.

The growth of the vending machine market cannot be attributable to these factors alone. Instead, some of this growth may be the direct result of an increased use of mobile payment options, such as vending machines that accept credit cards. Ultimately, a vending machine with more payment options is able to serve those who may not have cash or coins on their person.

Where Will the Strongest Growth Occur?

Vending machines represent the classic idea of self service. In the coming years, the vending machine industry is expected to grow by 13.98 percent to reach an approximate worth of $31.75 billion. The US is predicted to be the predominant player in driving the growth of the vending machine market globally, while North America will claim approximately 44 percent of the market share of the vending machine industry.

What Types of Vending Machines Will Experience the Most Growth?

Vending machines can be categorized into generic groups, such as snacks, beverages, medical supplies, promotional materials, and more. Food and snack machines are expected to garner the highest market share in the industry. Behind snack vending machines, frozen food and candy vending machines will experience the highest level of growth in the US. However, the use of vending machines in quick-serving restaurants is expected to contribute the highest to the growth of the vending machine market globally. Although the growth will not be as substantial as snack vending machines, drink vending machines, such as those that dispense soda, beer, liquor, wine, and other cold beverages, are expected to show “substantial” growth by 2021.

The vending machine industry is growing, and vending machine manufacturers understand the need to increase snack and drink vending machine availability. To learn more about how vending machine services are changing today’s world, visit the blog on Vending.com, or contact a reputable vending machine manufacturer by filling out the online contact form today.

iHeartRadio Loves Instagram | Get Swag For Your Instagram Photo Via Vending Machine

instagram iheartradioEver thought of promoting a brand by offering merchandise in exchange for social media exposure? That’s exactly what’s happening on an iHeartRadio tour featuring a t-shirt vending company that accepts Instagram photos as payment for merchandise.

The marketing campaign is targeting college students by setting up these vending machines at the Universities they visit throughout the Midwest and South.

How does it work?

  • The consumer touches the screen
  • Retrieves a unique four-digit code
  • Takes an Instagram photo
  • Tags it with hashtag #iHeartRadio followed by the unique four-digit code
  • Retrieves their swag – either iHeartRadio t-shirts or iHeartRadio emblazoned sunglasses.
  • The Instagram photo can then be shared and re-shared all over social media, including Instragram, Twitter, and Facebook.

It’s that simple.

The days of setting up tables and tents and giving away pens and magnets to promote brands are over. Instead of trying to lure consumers to temporary tents and trying to unload free stuff, vending machine companies have really come up with a genius marketing campaign that attracts consumers directly to the vending machine like magnets and then gets them to interact and spread their message.

The idea of interacting with the vending machine using social media is truly novel. And although the merchandise is essentially free, the consumer has to put some effort in, but the effort is something fun, something he or she likes to do anyway, whether or not they get a free pair of sunglasses.

Social media vending machines can be rented or bought from vending machine manufacturers and companies, which are integrating this technology as an innovative new way to enhance a brand’s awareness and visibility. Additionally, social media vending machines for sale may also include a used vending machine, lowering the initial investment to get your brand or service out there.

This is a fun way for people to share photos, which is something they like to do anyway, and then receive something free in return. The benefit for brands that participate in this campaign is also quite significant. After all, who wouldn’t brag about getting a t-shirt, sunglasses or keychain just for sharing a photo? This creates an interactive buzz about products and brands that will reach much further than any type of traditional advertisement or television commercial.

So are vending machines that exchange swag for Instagram photos the wave of the future? Time will tell, but there are few who would turn down this easy way to score some free stuff!

Source:

http://www.adweek.com/digital/iheartradios-vending-machine-turns-instagram-photos-swag-160986/

Our Trimline Refreshment Center Offers the Best Snack and Drink Vending Machine Options

Trimline-Refreshment-CenterThe technology in vending machines has grown exponentially. Vending machines are used for a variety of purposes, which range from healthcare applications to traditional snacks and soda refreshments. Some of the latest technology includes mobile payment options and Apple Pay. However, simplicity can be more productive, and the Trimline Refreshment Center is designed to focus on simplicity.

A Traditional Soda Vending Machine

Do you recall the stories of your grandparents first experiences with vending machines? In many cases, vending machines may have contained few items, but the popularity was undeniable. The Trimline Refreshment Center Returns to the simplistic nature with six beverage selections, and business owners can decide between bottled or canned beverages, such as water, sodas, juices, and more. When filled, the Trimline Refreshment Center can hold up to 144 20-ounce bottles or 312 12-ounce cans. However, the Trimline Refreshment Center takes on another critical concern of vending machine owners, space.

Essentially, the Trimline Refreshment Center is made up of two paired machines, and the drink side weighs 467 pounds. A traditional soda vending machine may be up to 4 feet wide. Yet, the drink side of the Trimline Refreshment Center stands out at a mere 21 inches, which makes it easy to fit anywhere. Furthermore, the lightweight section of this refreshment center makes installation faster and easier than bulkier machines.

Redefining the Snack Vending Machine

Some snack machines can hold hundreds of different various items, but you’ve probably seen a few vending machines where a few items grow stale and don’t sell. This combo vending machine focuses on resolving this problem by simplifying the snack selection to 12 items.

Business owners can select 12 items to fill this machine to its capacity of 152 items. The snack section of the Trimline Refreshment Center offers an MDB coin acceptor and an MDB $1 and $5 bill acceptor. Similar to the drink section, the snack part of this machine is a mere 21-inches wide, which increases the machine’s maneuverability during installation or when moving the machine from one location to another.

With a versatile configuration for drinks, independent sections for snack and soda storage, and a simple, customer-driven selection, the Trimline Refreshment Center is sure to please the hunger and thirst of your customers. To find out more about combo vending machine options, contact the vending machine manufacturer directly at Vending.com, or request a quote on the Trimline Refreshment Center today.

Companies Who Make Employee Health a Priority Show Enormous ROI

Healthy-Vending-MachineFor many people who wish to live healthier lifestyles, one of the biggest obstacles has always been the workplace. Depending on how busy your days are, you may not necessarily have time to run to the nearest healthy source of food during your lunch hour. Fast food, which is among the least healthiest food possible, may be the best option. Worse yet, even companies that have traditionally said that they encourage healthy activities in their employees usually stock vending machines filled with high calorie, low quality items for those workers to consume. The snack vending machine has long been the bane of existence to everyone who just wants to watch what they eat and lose a little weight while on the job.

That is, until now. Research has indicated that companies that make an active effort to make employee health a priority are showing an enormous return on investment when these types of programs are initiated in conjunction with a Healthy Vending Machine.

Vending machines in general are notorious for dispensing foods that are high in trans fats, filled to the brim with synthetic ingredients and include other unhealthy qualities that make it difficult to eat right while at work. Many vending machine manufacturers have started offering nutritious alternatives that are designed only to vend low fat, low carbohydrate and low sugar products. These are not limited to snacks – these can include drinks and even full meals depending on the specifics of the program in question.

The return on investment that companies are seeing for making employee health a priority falls into a few different categories depending on the situation. The most obvious is that employer health insurance premiums are directly related to the health of their workers. If your employees are only making poor food decisions all day, premiums will eventually go up as a result. Studies have indicated that not only are these premiums not going up, but they’re actually being lowered in many cases. Many employers have created employee-driven health groups designed to manage these initiatives in the workplace.

Additionally, the vending machines themselves are becoming a viable source of income for many businesses. Employees who are already trying to live health conscious lifestyles are enthusiastically using these types of machines at a higher frequency than ever.

One great example of this type of program in action is Vending.com’s Healthy Vending program. Vending.com is a vending machine manufacturer that has been in operation since 1931. In addition to selling specially designed vending machines that dispense food, snacks, coffee and everything in between, they are also doing their part to promote healthy eating in the workplace by way of the Healthy Vending program.

40 Selection Snack Vending Machine

The Best and Biggest Selection of Vending Machine Options

When it comes to vending machines, the importance of offering the biggest and best selection of items to customers cannot be overstated enough. Vending machines are an important fixture in the daily lives of many – they’re often used for everything from a quick snack in between classes or meetings to a necessary cup of coffee first thing in the morning. If a vending machine doesn’t offer what a customer needs, however, they’ll begin to lose faith in it and will look elsewhere for what they desire. At that point, it’s hard to get them back again, which is why offering the largest selection isn’t just recommended, it’s practically a requirement.

Now, one vending machine manufacturer has proudly stepped up to the plate and answered that call: the 40 Selection Large Capacity Vending Machine is available to order now from Vending.com.

40 Selection Snack Vending Machine

The 40 Selection Snack Vending Machine is our biggest vending machine and was built from the ground up to be the perfect choice for high traffic, high volume locations. It doesn’t just offer a large number of different selections, it also breaks new ground in terms of variety. It has 15 snack selections, 18 candy and snack cracker selections, two gum and mint selections and five pastry selections, making sure that you have all of your bases covered and that your customers walk away satisfied each and every time.

The product itself features six flex trays, all of which are fully adjustable in one inch increments to better service your unique needs – even if those needs should happen to change on a regular basis. Our biggest vending machine also gives business owners the power to individually price selections in any way they see fit and is even re-configurable for product selection spacing or variable packaging sizes.

Powered by the revolutionary iVend Sensor System, the 40 Selection Snack Vending Machine features a large, lighted product display window and a customer interface that is almost impossibly easy to use with a large LED display and multiple money acceptance options.

Security

If the security of your vending machine is a concern, it doesn’t have to be any longer – the unit features sturdy steel construction with durable powder coat painted surfaces, creating the type of vending machine that will dutifully serve you for years to come. A high security package is also available for additional protection levels.

With variability, versatility and functionality like this, it’s easy to see why 40 Selection Snack Vending Machine single handedly offers the best vending machine selection on the market today.

Healthy Vending Options Brought to Schools

healthy vending optionsAs the Shelby County School (SCS) board prepares to vote on whether or not to bring vending machines into their schools, parents and students have mixed feelings; and for good reason.  Vending machines have traditionally been stocked with candy, chips, soda, and other junk foods high in fat, sugar, and carbs.

However, if the proposal is approved, the SCS plans to stock their vending machines with healthy choices for not just snacks, but for breakfast and lunch as well, something that is catching on across the country. These healthy vending machines in schools would be stocked daily by special education students. This means that while the food is guaranteed fresh, those students who stock the machines are learning job skills as well.

So why the idea of having a school vending machine in the first place?  According to Kevin Woods, a Shelby School board member,  “This is not to eliminate any possible positions, it’s just simply to allow more people to get through the process quicker and to have more options without having to wait in long lines”.

If the proposal goes through, the vending machines would be tested in White Station, Whitehaven, and Wood Dale schools by offering free lunches.  This could also ease the minds of some parents and students who are less than enthusiastic about getting school lunch from a vending machine.

However, some vending machine companies, such as Healthier Vending, do in fact offer healthy school breakfast, lunch, and snack programs that not only encourage healthier choices, but also encourage academic achievement all while meeting any school’s nutritional requirements.

For example, Iowa started the Healthy Kids Act to help eliminate childhood obesity by offering healthy vending machine in their elementary, middle and high schools. Healthy vending machines selling drinks, for example, offer nonfat and low fat milk, vegetable juice, and 100 percent fruit juice instead of sugary juices and sodas.

Although it is not known for sure exactly what items would go in the vending machine if they were approved, some of the more popular items we now see in snack vending machines throughout the country are healthy granola bars and Cliff bars as well as yogurt.  Healthy drink vending machines also see the V8 brand vegetable and fruit juices as well as water.  For lunch, options may include a fresh salad, freshly made sandwich, soup, and a variety of fruit.  For breakfast, options may include cereal, breakfast sandwiches and also a variety of fresh fruit.

While school vending machines may be something both parents and students will need to get use to, the fact remains that they save time, money, and in the end, offer more options and healthier choices. The future’s alternative to the traditional lunch line has become healthy vending machines in schools.

Schools are getting rid of the lunch line in favor of healthy vending machines.

VC-Blog-Banner

Full Profit Vending Program

What does a full profit vending program look like? How much can you, hypothetically, make from your vending machine? Check out our price recommendations below.

Can cold drinks (Major Brands)
Vend Price———————————————————————————————-$1.25
Cost per can———————————————————————————————–.32
Profit per can————————————————————————————.93

Bottle cold drinks (16.9oz-Major Brands)
Sale/Vend Price—————————————————————————————$1.50
Cost per bottle——————————————————————————————-.67
Profit per bottle——————————————————————————–.83

Bottled Water-#1 Selling Beverage (16.9oz)
Sale/Vend Price—————————————————————————————$1.25
Cost per bottle——————————————————————————————-.13
Profit per bottle——————————————————————————-1.12

Chips-Top Name Variety Pack (50 Ct.)
Sale/Vend Price—————————————————————————————-$1.25
Cost per bag———————————————————————————————–.28
Profit per bag————————————————————————————.97

Candy-Top Name Variety Pack (30 Ct.)
Sale/Vend Price—————————————————————————————$1.25
Cost per candy bar————————————————————————————–.70
Profit per candy bar—————————————————————————.55

AVERAGE PROFIT PER SALE: $.88

For more information, contact Vending.com by calling 1-800-548-1982.

Apple Pay Will ‘Change’ The Way You Purchase From Vending Machines

apple-pay-vendingThough there are a few different mobile payment services that are available on the market today, Apple Pay is undoubtedly the most widely used and the one with the highest potential. This is thanks to the fact that it is built into the hundreds of millions of iPhones that are sold in the United States alone each year. For those unfamiliar, mobile payment is a relatively new type of technology that allows you to pay for goods and services not using cash or even a credit or debit card, but through information stored on your smartphone, tablet or similar type of device.

In theory, mobile payment and traditional plastic credit and debit cards really aren’t all that different. Account information is stored on a magnetic strip on the back of your credit card, which is then read by a card reader at the register when you check out. Necessary information about the payment is sent to your bank, at which point the associated account is debited. Mobile payment operates almost identically, only instead of storing information on a card it’s stored digitally on your phone. Instead of being transmitted through magnetic tape, it is sent to the point of sale via near field communication, or NFC. This is also much more secure as a phone can be used with certain biometric sensors, passwords and other features that cards can’t utilize. Additionally, mobile payment systems on your phone often provide instant notifications, allowing you to track purchases in real-time for better financial management.

It is NFC that will allow snack vending machine kiosks and other smart vending machine providers around the country to begin accepting Apple Pay and other types of mobile payment in the near future. USA Technology is an industry leading provider of vending machines to companies all around the country. They’re committed to not only adding near field communication capabilities to vending machines in the future, but also to devices like parking meters, washing machines, kiosks and more.

This move will allow users all over the United States to use Apple Pay at over 200,000 different self serve locations. This is a huge benefit for Apple Pay in particular, as it is facing steep competition from other mobile payment services like the Google Wallet. CurrentC is another competing technology that is just on the horizon that already has the support of some of the biggest companies on Earth, like Walmart. The addition of near field communication and Apple Pay compatible to vending machines in particular benefits nobody more than consumers, however, as they now have one less reason to carry cash, coins or even credit around with them if they don’t want to.

If you are interested in updating your machines, but would prefer a more concrete payment method, consider installing our Greenlite vending machine card readers.

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Finding the best location for your vending machine

At the cost of sounding cliche, the top three of the five most important factors for success in the vending business are location, location, and location. It won’t be surprising if the other two are location too. Winning the best location for the vending machine is the first step towards monetizing the capital investment made on the machine. It influences critical business metrics like sales, profits, and average revenue per user. Choosing a poor location for a fancy piece of vending equipment is like keeping your gold in the bank and paying rent for safe keep. It is not only a poor use of your asset, but it also burns more cash for the upkeep. Incidentally, you could check out Vending.com’s profit calculator to simulate your earnings.

Need for a new location

Vending businesses are always looking for new vending machines and the best locations to place them in. The location is where their business starts generating returns or cash. Each vending business owner has their own drive to expand or enter a new location.

  • Starting a new vending business

Vending is a lucrative business with low barriers to entry. Vending machines are easy to use, not too expensive, and quick to generate returns. First-time investors of the vending industry who are looking to save for a rainy day are hungry for new locations. Location owners prefer working with them as long as they are in for the long haul. Vending.com has a specialized focus on helping entrepreneurs becoming successful.

  • Expanding to a new location

Vending machine owners who are already in business are also looking for opportunities to expand. They often start close to their base of operation and slowly expand to adjacent locations.

  • Choosing the right location for maximizing growth

Businessmen who are trained hands at the vending business always seek to maximize growth. If they identify an open opportunity in a high-growth locality that can benefit from the convenience of a vending machine, they pursue it. This adds to the race for space. Our earlier blogpost covers this area.

  • Diversification of risk

Veterans in the business are not only hungry for growth but are also keen to reduce risk. Betting on one or a few locations is like putting all the eggs in one basket. So, they often try to find new localities to place their equipment with diverse demographics and preferences. This helps them tide over challenges due to lagging demand in the areas they already operate in.

Selecting the right location

Newbies and veterans alike are hunting for that attractive bit of real estate where their vending machines can serve more and more customers. But not all places have the same level of earning potential. Successful vending entrepreneurs carefully select the ideal spot for their machines and then go all-out to win the location. While there is no clear definition for the right site, common sense and meticulous consideration of certain influencing factors can help get the best location deal. Some of them are discussed below.

  • Traffic volume

All said and done, like all other retail businesses, vending is a numbers game. The more the number of transactions, the faster is the recovery of capital employed. The machine should be placed in spaces where there is a good level of foot traffic. Public spaces, offices, schools, and other public places are good examples of a good volume of user traffic. These locations often generate the most per-machine revenues.

  • Traffic quality

While the volume of transactions driven by high foot traffic is essential, the kind of traffic also plays an important role. The vending machines in the lobby of the office of an investment bank will have users with high disposable income. The average price per transaction will be higher than a school where children deal in “small change.” This also allows adjusting margins depending on where the machine is located. A good example would be when the same water bottle costs more in the office than at the school.

  • Competition

Competition in the vending business is a necessary evil. When the location you are pursuing has been hosting a competitor for a long time, the competitor continues to enjoy good sales. But it also means you will have to fight harder. Fight harder with the location owner for placing the machine and then fight harder for the wallet-share of the consumer who visits the place.

There are also advantages to placing the machine where there is competition. It is relatively easier to price suitably for the location without experimentation. A common trick is to price the competitors’ product brands at lower levels in your machine and price your unique ones at higher margins. Eventually, in a location with fair competition, the prices of all vendors settle down to similar levels. Then the differentiator is through the quality of products, availability, and the quality of the machines used. This is also an opportunity to showcase and grow your brand’s identity and recall value, and Vending.com’s marketing has the precise support that helps with this.

  • Merchandize

The merchandize that is sold in the machine also varies as per the location. Protein shakes sell almost exclusively at the gym. There is very little chance that an office employee will shell out change for a protein shake at the cafeteria. Potato chips at the gym might only the serve the purpose of testing the resolve of the patrons. They may fly off the racks at a school or a park though.

  • Type of Vending Equipment

It might come as a surprise, but what machine you choose will also depend on your location to place it. The table below shows how certain types of machines will suit almost all the locations, while others fit only a few.

Location Combo Vending Machines Drink Vending Machines Snack Vending Machines Frozen Food Machines Coffee Vending Machines
Schools and Universities
Offices
Hotels
Shopping Centers
Hospitals & Care Centers
Government Offices
Transport Service Centers
Gyms
Manufacturing Facilities

Conclusion

Vending business owners can consider work half done when they have scored the best locations for their vending machines. From there, it is just making them rain.

Experts at Vending.com can guide you to get your new vending business off to a flying start or race ahead of the competition. To know how to pick the best vending machines for your location or suitable locations for the equipment you have in mind, talk to us at 1-855-929-1042.

Cashless Vending, More Than Just a Trend

Organizations all over the world have long been looking for new and unique ways to innovate with regards to the types of vending machine products that they rely heavily on daily. When these types of machines are available in many public places wherever you go, it can be difficult for a vending machine manufacturer to really stand out in a crowd. One of the major innovations of the last decade was a machine that accepted credit and debit cards in addition to cash. Now, many companies are moving towards the idea of completely cashless vending for the benefit of consumers everywhere.

What is Cashless Vending?

Thought it may be logical to assume that cashless vending is “just” a vending machine that also takes credit or debit cards, this isn’t entirely accurate. A true cashless vending solution will also accept the types of mobile payment systems that customers are embracing today, like Apple Pay and similar services. Users can swipe their smartphone near an NFC reader located on the machine itself to automatically deduct money from an associated account. This makes the entire vending process easier and more secure than it has ever been.

Greenlite by Vending.com

greeliteOne bold example of this type of technology at work is the new Greenlite system by Vending.com. It’s a turn-key cashless solution that relies instead on the latest card and mobile payment systems, along with the type of web-based reporting and management tools that allow businesses to increase their return on investment in a very significant way.

One of the biggest advantages of the Greenlite system has to do with the type of machine sales tracking that it offers businesses. In the “old days” of vending machines, you essentially had to use your best judgment regarding which types of products you should be ordering and in what quantities. With machine sales tracking, you now have actionable, real-time information regarding trends, likes and dislikes that are all derived from actual consumer behavior. You can not only tell what products are selling but how quickly and at what times of the day. Businesses no longer have to rely solely on “instinct’ when it comes to making purchasing decisions – they now have actual hard data that they can use instead.

Greenlite also allows businesses to integrate two-tier pricing depending on location. A business might offer a discount on certain items for people who choose to pay with cash, for example. The system also includes helpful alerts that will provide constant updates on the health and status of the machine in question, making it easier to identify when repairs are necessary and when replacement parts need to be ordered.

The Healthiest Vending Machine, Ever


farmersfridgeMid-afternoon hunger pains? Mid-morning snack attack? Forgot your lunch? Imagine walking up to a vending machine during a quick work break, swiping your credit card, and getting a fresh salad for lunch.  For those seeking healthy vending machine options, the wait may be over. Chicago’s Farmer’s Fridge vending machine is hoping to make fresh food a reality throughout the Windy City.

Don’t think of Farmer’s Fridge vending machine as an ordinary snack vending machine. You won’t find any packaged snacks here. According to its website, it’s really a veggie and fresh salads vending machine. Founder Luke Sanders stresses the importance of freshness in his machine’s products.

Starting with salads and products that are made by hand each morning after the daily 5 AM delivery of vegetables and packaged in special glass jars, the salads are taken to Farmer’s Fridge vending machines where they will be offered for sale. At 6 PM each evening, the products at Farmer’s Fridge are discounted by $1.00. When the next day’s delivery arrives, employees remove unsold products from the previous day, stocking the machine entirely with new product. Unsold product from the fresh salad vending machines are donated to area homeless shelters.

These incredible products include a menu worthy of your favorite neighborhood eatery with salads, breakfast items, and protein pick me ups. For example,

  • Antioxidant Salad featuring mixed greens, goat cheese, mixed berries, almonds, carrot, sprouts and flaxseed with a balsamic vinaigrette
  • Detox Salad with organic kale, organic quinoa, sprouts, fennel, pineapple, blueberries, white beans and cider vinegar lemon dressing.
  • Greek Yogurt and Berries
  • Sliced apples with local honey and almond butter
  • Vegetable strips with hummus
  • Cauliflower Fried Rice with cauliflower, local peas, carrot, garlic and egg whites

Even the appearance of the Farmer’s Fridge vending machine is out of the ordinary. Saunders worked with a vending machine manufacturer to make his unique vision a reality. He envisioned a kiosk with sustainably sourced salads, environmentally responsible containers, and all at a reasonable cost. His machines are made from reclaimed wood, accepts all major credit cards, can email receipts, and features power consumption of less than $25 per month.

Saunders credits improvements in technology such as touch screens and less expensive credit card processing to his success. His company makes use of free technology like Google Docs to track recipes and inventory. Saunders also credits the city of Chicago for less expensive startup costs compared to other cities. For example the cost of the shared kitchen space his employees use daily to prepare product is about one-fifth of what it would be in New York City.

The ability to offer his products in an automated kiosk appealed to Saunders. While he estimates that his labor costs are very similar to those of a brick and mortar restaurants, the flexibility offered by a vending machine played a key factor in his decision. Given that vending machines are everywhere, having healthy options is a must for new players with ideas for a snack or drink vending machine.  Having expanded from three to 14 machines throughout Chicago in a single year, Saunders is proof that fresh sells.