01/12/2021

What need to do before starting a business with vending machines

News_ Cần Chuẩn Bị Gì Trước Khi Bắt Đầu Kinh Doanh Máy Bán Hàng Tự Động EN

Vending machines are a potential business model, especially while the Covid pandemic is still complicated, most consumers prefer the limited contact purchasing form. What do investors need to prepare before starting a vending machine business?

Making a clear business plan

Just like other business models, the vending machine business model also needs to be clearly prepared and planned before implementation to achieve success. This is the first step to prepare before starting a vending machine business. Vending machine entrepreneurs need to identify and clarify key factors such as: target customers of products sold on the machine, number of customers passing through the machine placing area, customer demand for products sold on the machine, investment costs to buy or rent vending machines, cost of machine location, cost of labor to operate the machine and so on.

A clear plan with products that meet the needs of buyers and an ideal machine's placing location will be very potential for the vending machine business model, especially in big cities.

Determining the product sold in the vending machines

Does the product sold in the machine meet the needs of consumers in the machine placing areas? This is a very important question of any business models in general and especially in the vending machine business model.

Based on business costs and target customers, vending machine owners can decide their potential product line.

If still undecided which items to sell, machine entrepreneurs can start with popular products such as snacks, candies and soft drinks.

In addition, machine operators should choose reputable suppliers with competitive product prices to ensure product quality as well as maximize profits for themselves.

Determining the machine's installation locations

One of the equivalently important elements of a vending machine business model is choosing the ideal location to install the machine. The machine's location will directly affect the sales revenue.

In order to find the ideal installation location, the machine operators can conduct a survey of potential areas. High-traffic locations or public areas are ideal locations for placing vending machines. Potential locations could be: schools, hospitals, shopping malls, bus stations, airports, so on.

Choosing a machine model has features being suitable with products sold in machines

After selecting the vending machine’s products and the potential locations, vending machine owners need to choose a vending machine model that is equipped with features that are suitable for their products and provide the best buying experience for consumers when purchasing at the machine.

For consumers, when buying goods at the machine, they often want to have convenience while shopping such as: easy payment with various forms like cash, e-wallet, mobile App or easy and user-friendly buying operation, consumers do not expect the purchasing process on the machine to be failed, resulting in not returning product or change. This is the first note that vending machine entrepreneurs need to keep in mind when choosing a vending machine model for their business.

For operators who sell products on vending machines are often interested in features that help reduce operating and labor costs. Vending machine models with sales, inventory management features and remote management software will help machine operators reduce costs significantly in the process of doing business and operating the machine. This is also the second note that machine investors should consider.

Choosing a reputable vending machine supplier

Currently, in Vietnam there are many vending machine suppliers with different features that bring different shopping experiences to consumers, as well as other special features that help operators reduce business costs. Choosing a reputable supplier will help vending machine entrepreneurs, operators feel more secure in their business.

Depending on the business requirements and the products sold in the machine, entrepreneurs can choose the appropriate vending machine to serve their business needs.

With smart vending machines, investors can contact Dropfoods - one of the leading vending machine distributors in Vietnam with smart vending machines integrated with many modern features and an experienced technical team will help the business process become more successful.

Please contact Dropfoods for support, detailed advice on services and products as well as information related to the vending machine business model through 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