SlideShare uma empresa Scribd logo
1 de 1
Baixar para ler offline
How reliable is vending as a business venture?



The snack and soda machines we recognize today - multi-selection, accepting multiple coin types,
dispensing change - originated in the 1940s. In the '40s, of course, vending machines accepted coins
only, did not dispense change, and limited selections about 20 items. These were fully mechanical vend
mechanisms and required no power to operate the vend cycle.
Early soda machines required power to refrigerate the product. The modern vending machine design
with spiral dispense, full change capacity, dollar bill acceptance (usually by dollar bill coin changer),
30-40 snack selections, and up to 10 soda options, came to being in the late 1960s and was refined in
the 1970s.

Have a look at Vending

Improvements in vending machine technology since have been based on electronics and computer
innovation, with standardization of protocols and improvements in currency acceptance. Ultra-modern
vending machines can accept a variety of payment types - credit cards, large denomination bills (up to
$100), cell phone charges (charging a product to your cell phone bill) - can be monitored remotely by
Internet, can produce sales figures to individual unit numbers (sold 13 Snickers and 8 Doritos out of
this machine last week), log machine entry times, and can even provide surveillance with camera
technology. Yes, we've come a long way, baby.

Take a look at Vending Machines

So how is this history lesson relevant? Vending machine technology is responding to market need. The
successful vending operators have driven this technology with their purchasing habits. Like all
businesses, if technology affords a profitable advantage, that product has a market. The fact that the
vending machine manufacturers have continued to produce better and better vending machines means
that the vending business is a reliable venture when run properly.

See to Vendings

Like all businesses, proper operations is the key to success. Learning about your account market, the
kind of locations and businesses you serve, learning about marketing, the product you are you going to
sell, and the type/s of vending equipment you'll use, all these factor into the success of your vending
machine business.

Mais conteúdo relacionado

Destaque

Grafico diario del dax perfomance index para el 14 11-2011
Grafico diario del dax perfomance index para el 14 11-2011Grafico diario del dax perfomance index para el 14 11-2011
Grafico diario del dax perfomance index para el 14 11-2011Experiencia Trading
 
Para resolver circuitos
Para resolver circuitosPara resolver circuitos
Para resolver circuitosSandra Andina
 
7th Math (C2) - Jan25
7th Math (C2) - Jan257th Math (C2) - Jan25
7th Math (C2) - Jan25jdurst65
 
Ley estatuto de la función pública
Ley estatuto de la función públicaLey estatuto de la función pública
Ley estatuto de la función públicaDaimari Querales
 
Distributed Computing and Caching in the Cloud: Hazelcast and Microsoft
Distributed Computing and Caching in the Cloud: Hazelcast and MicrosoftDistributed Computing and Caching in the Cloud: Hazelcast and Microsoft
Distributed Computing and Caching in the Cloud: Hazelcast and MicrosoftComsysto Reply GmbH
 
Phlebotomy manual
Phlebotomy manualPhlebotomy manual
Phlebotomy manualObey Elmo
 
ABC 23.10.1974 La inclusa de Madrid
ABC 23.10.1974 La inclusa de MadridABC 23.10.1974 La inclusa de Madrid
ABC 23.10.1974 La inclusa de MadridEuriaBilbao
 

Destaque (12)

Placeholder 2
Placeholder 2Placeholder 2
Placeholder 2
 
Grafico diario del dax perfomance index para el 14 11-2011
Grafico diario del dax perfomance index para el 14 11-2011Grafico diario del dax perfomance index para el 14 11-2011
Grafico diario del dax perfomance index para el 14 11-2011
 
Para resolver circuitos
Para resolver circuitosPara resolver circuitos
Para resolver circuitos
 
7th Math (C2) - Jan25
7th Math (C2) - Jan257th Math (C2) - Jan25
7th Math (C2) - Jan25
 
SAPON PITAK
SAPON PITAKSAPON PITAK
SAPON PITAK
 
Ley estatuto de la función pública
Ley estatuto de la función públicaLey estatuto de la función pública
Ley estatuto de la función pública
 
Presseinfo Alkohol.pdf
Presseinfo Alkohol.pdfPresseinfo Alkohol.pdf
Presseinfo Alkohol.pdf
 
Distributed Computing and Caching in the Cloud: Hazelcast and Microsoft
Distributed Computing and Caching in the Cloud: Hazelcast and MicrosoftDistributed Computing and Caching in the Cloud: Hazelcast and Microsoft
Distributed Computing and Caching in the Cloud: Hazelcast and Microsoft
 
Phlebotomy manual
Phlebotomy manualPhlebotomy manual
Phlebotomy manual
 
ABC 23.10.1974 La inclusa de Madrid
ABC 23.10.1974 La inclusa de MadridABC 23.10.1974 La inclusa de Madrid
ABC 23.10.1974 La inclusa de Madrid
 
CV of Frederik Dirksen
CV of Frederik DirksenCV of Frederik Dirksen
CV of Frederik Dirksen
 
Farbeimer
FarbeimerFarbeimer
Farbeimer
 

Último

8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Riya Pathan
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxMarkAnthonyAurellano
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportMintel Group
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menzaictsugar
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesKeppelCorporation
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCRashishs7044
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy Verified Accounts
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationAnamaria Contreras
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadAyesha Khan
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Servicecallgirls2057
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Seta Wicaksana
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 

Último (20)

8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptxContemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
Contemporary Economic Issues Facing the Filipino Entrepreneur (1).pptx
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample Report
 
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu MenzaYouth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
Youth Involvement in an Innovative Coconut Value Chain by Mwalimu Menza
 
Annual General Meeting Presentation Slides
Annual General Meeting Presentation SlidesAnnual General Meeting Presentation Slides
Annual General Meeting Presentation Slides
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail Accounts
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement Presentation
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in IslamabadIslamabad Escorts | Call 03070433345 | Escort Service in Islamabad
Islamabad Escorts | Call 03070433345 | Escort Service in Islamabad
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
 
Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...Ten Organizational Design Models to align structure and operations to busines...
Ten Organizational Design Models to align structure and operations to busines...
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 

How reliable is vending as a business venture?

  • 1. How reliable is vending as a business venture? The snack and soda machines we recognize today - multi-selection, accepting multiple coin types, dispensing change - originated in the 1940s. In the '40s, of course, vending machines accepted coins only, did not dispense change, and limited selections about 20 items. These were fully mechanical vend mechanisms and required no power to operate the vend cycle. Early soda machines required power to refrigerate the product. The modern vending machine design with spiral dispense, full change capacity, dollar bill acceptance (usually by dollar bill coin changer), 30-40 snack selections, and up to 10 soda options, came to being in the late 1960s and was refined in the 1970s. Have a look at Vending Improvements in vending machine technology since have been based on electronics and computer innovation, with standardization of protocols and improvements in currency acceptance. Ultra-modern vending machines can accept a variety of payment types - credit cards, large denomination bills (up to $100), cell phone charges (charging a product to your cell phone bill) - can be monitored remotely by Internet, can produce sales figures to individual unit numbers (sold 13 Snickers and 8 Doritos out of this machine last week), log machine entry times, and can even provide surveillance with camera technology. Yes, we've come a long way, baby. Take a look at Vending Machines So how is this history lesson relevant? Vending machine technology is responding to market need. The successful vending operators have driven this technology with their purchasing habits. Like all businesses, if technology affords a profitable advantage, that product has a market. The fact that the vending machine manufacturers have continued to produce better and better vending machines means that the vending business is a reliable venture when run properly. See to Vendings Like all businesses, proper operations is the key to success. Learning about your account market, the kind of locations and businesses you serve, learning about marketing, the product you are you going to sell, and the type/s of vending equipment you'll use, all these factor into the success of your vending machine business.