Vending machines- a lucrative business idea

With technological advancements, usage of vending machines or automatic retailing has increased. The origin of these machines can be traced back in 215 BC where these machines were first used to vend holy water in Egyptian temples. This gradually led to the invention of coin operated machines in the 1880’s in London. Slowly these machines were used for all purposes. To begin with they were used for dispensed post cards, selling books, gumballs, sodas, cigarettes, coffee, news paper, drinks and snacks and slowly this list has increased tremendously.

Why use a vending machine? This is a common question that most of you may ask. In this modern world “Time” is very valuable and I am sure you all would agree if I say that ‘time is money’. The best benefit of using vending machine is that it saves time and is very easy and simple to use. Vending machines can be broadly categorised in to two kinds. The common type of machine is one in which the consumer selects the item of his choice, deposits money and collects the item at the slot below. The other kind is where you deposit a coin and the door opens for you to collect the product. The best example for this is vending machine used to dispense news papers.

There are several benefits in using vending machines from both owners and customer’s perspective. For customers, this is instant, user friendly, genuine system which gives complete satisfaction and for owners:

Cost effective: You need not employ anyone to collect money after closing sales. You can use vending machine that accepts all modes of payment like credit cards etc. This would help you increase your sales.

Low fixed capital: For setting up vending machine, huge initial capital or huge premises is not required. These can also be set up on busy roads where cafeterias or food joints are not present.

Immediate returns: For the moment your equipment is set up, you start earning.

No credit business: All dealings are in cash. Hence there are no chances for bad debts.

Round the clock service: Vending machines provide uninterrupted service to customers 24/7 without any break.

Perfect business idea: No deadlines, no one to boss over, no rent, no employees, no advertising or marketing costs. This is the perfect way to start a home based business with very low overhead costs.

After reading all this I am sure that most of you would like to rework on your new business proposals. So what are you still waiting for, order a vending machine from Planet Antares and be your own boss. Planet Antares manufactures ultra modern vending machines and has support staff to guide you through your business set up.