How to maximize vending machine profits

16/07/2022
How to maximize vending machine profits


How can vending machines maximize profits? Let's take schools as an example:
Because of the large number of people and the high demand in the university, the vending machine operator think that the university is the best place to place the vending machine. So where should the vending machine be placed in the school ?

How to maximize vending machine profits

The distribution of university buildings  
Generally, college area is relatively large, the vending machine can be placed in the college many places , so exactly where to place the vending machine, can get the best effect? 

1. you need to find out the best area in the university for vending machines.
You must consider how many locations the vending machine should be placed, and if you put vending machine in the teaching building, so how many vending machine that a teaching building need? or you just consider some areas with the highest demand. It is better to have a map of the university, so you can make markers on the map to record the large areas of traffic flow, and with different color to mark the high and low traffic flow of people in each area.
2. Field research and observation.
By observing the difference of students' demands in different area, and you can make different sales plans based on your observations . For example, vending machines in cafeterias, libraries, and dormitories must offer different goods or services. If all of these places sell beverages, the revenue may not improve too much.
Even if it is put in the teaching building, there are also many places to choose, you can not to choose
 by personal imagination. Therefore, it is necessary to analyze students' walking paths in various popular areas and observe the area of the highest traffic flow to figure out the best palaces to put the vending machine.

 

How to maximize vending machine profits

Promotion
Although the revenue of vending machines is limited, it is still possible to do some low-cost or even free campus promotion activities to obtain higher income.

Make discount plan according to festivals or inventory and sales data
Make discount plan, it can improve popularity and sales. You can choose vending machines with screen to play discount advertisements, such as the large touch screen display of Micron 55inch touch screen vending machineit can upload advertisements and pictures of products, which is not only convenient for buyer to choose the product, but also can increase your extra income by rent the advertisement to others

How to maximize vending machine profits

The profit of vending machines is related to the product category

1. Products with a long shelf life for vending machine is the best choice. If you want to sell some short shelf life product such as sandwich, bread, fruit, you should consider how long the sandwich will be sold, if sandwich sales are low, you lose money, but you sell sandwich in the school, I guess it’s no worry about sales
2.The supply chain of goods is matureThis means that the supply chain of the goods you sell had better be mature, so that your purchase, sale and inventory management will be easier, your overall marketing management will be easier, and it will be easier to update the selection of products in all aspects.

If you have any question about vending machine, please countact me.

Email:nate@micronvending.com
Whatsapp:+8613826225189
Skype:nate.ye2
Wechat:13826225189
  
How to maximize vending machine profits
How to maximize vending machine profits