Vending Route Operators
Limitations to sales and growth opportunities for Vending Route Operators:
- Largely dependent on mechanical technology developed in the '50s.
- Few and poor visual merchandising options for high-profile, high-traffic locations.Limited access to preferred retail space due to revenue potential and equipment decor.
- Limited product assortment choices due to pricing issues and mechanical limitations.
- Inflexible and restricted price points.
- Consumer payment options are largely limited to the use of cash with coins for selling small quantities of product.
Benefits
- New and substantially more profitable business opportunities by ‘making the benefits happen’ for bulk product manufacturers, landlords and consumers.
- Now able to adjust product pricing and sell in quantities that are commensurate and flexible with pricing, costs and profit margins.
- Access to revenue collected from the sale of gift cards is realized in advance of selling the actual product consumables which can take place at some later date.
- The average point of sale price will increase from 25 cents to $5 or more per sale, substantially increasing sales revenue and profits.
- Now able to offer a host of new and different products for sale that are not available through traditional bulk vending systems.
- Now able to hold themselves accountable to themselves and other industry players with respect to revenues, costs, profits and financial reporting.
- Product will be dispensed in measured customer-defined quantities.