What Kind Of Vending Companies
Are The Best?
It depends on whether you want to go with an already-tapped industry, or choose an innovative, up-and-coming, health-conscious industry.
Here are some trends we’ve noticed in the vending industry:
- Profit Margins are Plummeting
- Technology Adoption is Slow
- Traditional Vending Promotes Obesity and diabetes
Here’s where it’s heading…
Profit margins aren’t that good with traditional vending. “Healthy” is a fast-growth segment and that’s the one to be in.
Credit cards/remote monitoring – This trend is picking up as technology is widely available and affordable.
Eco-friendliness – Machines will become more and more energy efficient.
Digital advertising and nutritional education is a very hot trend right now. This is a HUGE way to monetize the traffic at your locations and to add an extra revenue stream.
Philanthropy More vending companies will start to give back to charities because this is an important element of social business in the 21st century. Basically, being a good human being is in.In the grand scheme of things, which vending companies are your best fit? Well, for maximized success, make sure your machines and your program are positioned to leverage these changes! DON’T be like the traditional vending industry. Be forward looking and make sure your machines are future-proofed for all these changes.
The answer is pretty clear.