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Posts tagged: Vending Machines

INTELLIGENT VENDING MACHINES

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By , April 12, 2017 8:55 am

This is an interesting article from Vending Marketwatch on the growning demand of intelligent vending machines, are you switching out outdated vending machines for the new that offer cashless payment?

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NEW YORK, March 16, 2017 /PRNewswire/ -FinancialBuzz.com News Commentary

The intelligent vending machines industry is growing rapidly due to raising demand for healthy vended foods and development of cashless payment technology. According to a new report published by Grand View Research, the global intelligent vending machines market is expected to reach USD 11.84 billion by 2025. The increasing penetration of the Internet of Things (loT) into the vending market, provides a more interactive retail experience to customers. In addition, the introduction of new payments technologies, such as Near-field Communication (NFC), drives the growth of the market by offering customers easier and faster ways of payment.

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Generation NEXT Franchise Brands (OTC: VEND), Intel Corporation (NASDAQ: INTC), USA Technologies Inc. (NASDAQ: USAT), Crane Company (NYSE: CR), Wal-Mart Stores Inc. (NYSE: WMT) Packaged drinks are the fastest growing segment in the market. According to the report, the market demand for packaged drinks was valued at USD 569.2 million in 2015 and is projected to grow at a CAGR of 14.8% over the forecasted period. Rising focus on healthy lifestyles is a major factor that drives the growth in this segment. Nowadays, drinks such as juices, water and milk are more popular as they are low in calories. The report also indicated that North America dominated the intelligent vending machines market, while Asia Pacific region is growing at the fastest pace over the next nine years. Generation NEXT Franchise Brands (OTCQB: VEND) parent company to Fresh Healthy Vending LLC, the market’s leading healthy-choice vending machine franchise, Reis and Irvy’s, Inc., the world’s first robotic frozen yogurt vending kiosk, 19 Degrees, a corporate-focused frozen yogurt kiosk brand and Generation NEXT Vending Robots, a newly established owner/operator model. The Company hosts over 350 active franchisees throughout the United States, Canada, Puerto Rico and the Bahamasbusiness transformation, support new transaction models, and reduce operating costs. The key building blocks include an Intel® IoT Gateway, vending machine I/O (VMI) board, and vending machine API. This solution provides an ‘all-in-one’ architecture for vending, which eases software management as well as provides a future-proofed compute platform and reduces engineering time through VMI design work available in the Intel Retail IoT Gateway for Intelligent Vending, also supported by an established supply chain. Payment technology provider of cashless and mobile transactions in self-serve retail, USA Technologies Inc. (NASDAQ: USAT), has conducted a six-month study testing targeted point-of-sale advertising of Apple Pay, across 35 vending machines located in New York and Louisiana. Based on the results showing a steady upward trajectory in mobile payment usage, USAT concluded that smartphone users shown digital advertising at point-of-sale through the ePort Interactive platform are more apt to pull out their iPhone to make a purchase, and even spend more. Results were a 36.5% increase in overall sales, 44.6% increase in total transactions, 55.5% increase in revenue through contactless purchases, and 135.2% increase in overall mobile payment usage. Crane Company (NYSE: CR) is the leading global manufacturer of innovative solutions for vending machines, cashless systems, software and wireless communications. Crane Vending Solutions businesses sell to vending operators and food and beverage companies throughout the world. They create value for customers through innovation, reliability, durability and reduced cost of ownership. Crane is the only manufacturer to provide payment solutions, vending management software and wireless communication technology along with its full line of vending equipment. These integrated offerings are indicative of the segment’s innovative, value-producing initiatives. American multinational retailing corporation, Wal-Mart Stores Inc. (NYSE: WMT), subsidiary that is a membership-only retail warehouse club, Sam’s Club, offers over 20 different drink & snack vending machines. Its top selling vending machine is the indoor installation only, ‘Selectivend Advantage Plus Combination Vending Machine’, a delivered ready to plug-in, price and operate. The machine has a premium electronic coin changer accepts $.05 to $1coins. An automatic bill acceptor/stacker accepts $1 and $5 bills. Featuring individual electronic pricing of product from $0 through$99.95, no price labels are needed. A credit/debit card add-on option is available for this machine. Industry leading warranty and support. Please SIGN UP NOW at http://www.FinancialBuzz.com To Receive Alerts on Trending Financial News from all these companies. “The Latest Buzz in Financial News” Subscribe Now! Watch us report from

Stock Those Vending Machines – Beverage Trends are Growing for Fruit and Veggie Juices

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By , August 29, 2016 1:01 pm

Vending Operators wanting to breakout into the lead – add more fruit

and veggie juices to your beverage line for your vending machines.

201201-omag-juice-promo-284x426INDUSTRY TRENDS TO CONSIDER
Quick service restaurants thrive on beverages, nearly 70% of all orders in the QSR segment include a beverage of some sort so according to NPD and if an operator is looking to breakout, maybe a new beverage offering could be the ticket.

Trends indicate fresh fruit beverages, natural energy drinks and local offerings, such as house-made sodas are rising in popularity.

Iced tea is the second-most ordered beverage in the segment while coffee is fourth and bottled water fifth in NPD data.

Some of the stars in this channel include iced and specialty coffee and smoothies.

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Fruit and vegetable juices are showing strength as well.

http://www.bunn.com/commercial-products/channel/quick-serve-restaurant

Gamification New Frontier for Vending Machines

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By , July 28, 2016 11:48 am

Vending Machine Manufactures are Challenged by Gamification

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Gamification and geo-fencing are new frontiers for vending machines.

However, integrating new technologies like the cloud, gamification and geo-fencing is not simple, causing most vending machine manufacturers and operators to ask for help.

For example, embedded computer solutions firm ADLINK and chipmaker Intel have stepped in with smart solutions, enabling a new breed of connected, smart vending machines that offer lower operating costs and cloud connectivity.  With these solutions, machine operators can diagnose and repair systems remotely, and receive real-time updates, such as supply and operating status, that can be used to optimize delivery schedules and improve inventory tracking and controls.

Use of the cloud also makes it easier to use promotional strategies to increase transaction sizes and sales volumes, such as vouchers, coupons, gifting, dynamic pricing and loyalty programs.

With so many IoT solutions and ideas, in an increasingly busier society, the future of smart vending machines looks very bright. One day soon, we may see entire shopping centers composed only of vending machines.

http://readwrite.com/2016/07/02/education-vending-machines/

Why Should Your Business Consider Gamification?

Gamification can improve your customer experience and overall return rate. It provides a more interactive experience for your customers to engage with your products.

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Take Coca Cola For Example

We’ve all heard of Coca-Cola’s Rewards Program. Well, they took the program to a new level with the “Happiness” Campaign.

Coca-Cola gamified its vending machines in Japan by allowing customers to “check in” while using the machine. Each vending machine had a unique QR code, so the customers even had the ability to label one machine as “My Vending Machine”.

With every purchase, customers receive points towards virtual gifts such as clothing items for their virtual avatar, special badges such as a Christmas badge for holiday purchases and other incentives. http://www.maximizer.com/blog/gamificatio-the-future-of-marketing/

Check out Carts Blanche, LLC   www.cartsblanche.com

 

Millennials Snacking Trends Favor Multicultural Flavors

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By , July 25, 2016 1:49 pm

images (3)Break rooms, Micro Markets, vending machines or a VendaCarts trailer banked with vending equipment, Harris Poll states that 84% of Millennia’s love multicultural flavors.

http://www.vendingmarketwatch.com/news/12235501/millennials-seek-cultural-variety-in-what-they-eat-watch-and-buy

NEW YORK, July 21, 2016 /PRNewswire/  There is a clear demand for multicultural influence in the lives of American adults. More than three quarters of Americans (78%) agree they love trying new things outside of their own culture. This desire for novelty and variety is even higher among Millennials, of which 84% love the exposure to different cultures. People seeking this multicultural experience can find it in many places, including what they eat, watch, and buy.

These are some of the results of The Harris Poll® of 2,034 U.S. adults aged 18+ surveyed online between June 7 and 9, 2016.

One place where people look to fulfill their desire for multicultural influence is in what they eat. About one quarter of all U.S. adults (26%) say it is at least very important that the foods they buy and consume contain multicultural flavors. Millennials place more importance on buying and consuming multicultural flavors than any other generation, with 32% saying it is at least very important. Among those ages 35-44 and 45-54, 27% each find it important, while only 20% of those age 55-64 and 21% of adults ages 65 and over feel the same.

However, multicultural flavor is still not as important as other factors when purchasing and consuming food. Locally sourced ingredients are at least very important for 36% of American adults, followed by organic or natural ingredients (32%). Buying foods with multicultural flavor is seen as equally important as purchasing from a company with a strong social purpose (26%).

Complete results of this study can be found here.site_logo

Editor’s note: This is great information for micro market operators who have the ability to bring products of different shapes, sizes and cultures to the breakroom.

VendaCarts Adds Wheels to the Vending Machine of the Future

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By , July 1, 2016 10:02 am

Carts Blanche, LLC is the first to market with “Mobile Automated Retail Stores”.

The combination of mobile real estate with self-serve vending machines and billboard advertising is a winning combination for future business opportunities.

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Our mobile automated stores bridge the gap between the vending, catering and concession industries reaping the benefits of vast untapped markets. The VendaCarts mobile kiosk wheels vending into multi-billion dollar marketplaces providing new product offerings, faster service and significant profit potential. VendaCarts is convenience retailing at its finest.

  • Mobile Real Estate
  • A Rolling Profit Center
  • Adding Wheels To Vending

Call 251-786-5852 or email info@cartsblanche.com

Our Mission Statement

“Aspiring to Inspire” as our ideal, Carts Blanche seeks to establish itself as the innovator of a new generation of Mobile Automated Retail Businesses and be an “inspiration” to a world of new entrepreneurs.

 

 

 

Carts Blanche Has Vending Machines on Wheels

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By , June 17, 2016 9:54 am

Do you know what would be a great idea to increase revenue for your vending operator?

Vending machines on wheels, why hasn’t anyone thought of this great idea?

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No, this won’t fill the need.  For more versatility, easy access and mobility this is what works.  Carts Blanche has made vending mobile.

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VendaCarts, Mobile Automated Retail Stores, Mobile C-Store, Pop-Up Café, Industrial Storeroom

all in one package.  VendaCarts comes in 2 sizes  18′ holds up to 6 vending machines and our 28′ which holds up to 10 vending machines.

Visit our Website https://cartsblanche.com

Contact Carts Blanche – 251-786-5852, via email  info@cartsblanche.com

Vending Machines Dispenses Social Media Sizzle

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By , June 10, 2016 10:55 am

As a vending operator you are checking your phone for any problem that may pop up with your business, outage of product, money or machine.

In todays time you need to be a diligent on knowing what your customer wants, the best and cheapest way is through social media.

In an age where consumers are cutting the cord, muting commercials and glazing over billboards, social followers and fans are worth something. Not only are consumers more likely to purchase from brands that engage with them on social media, they’re also learning about brands and endorsing brands from within their social networks.

Keep your customers informed and engaged through your business Facebook and Twitter site.

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Facebook

 

Facebook users continue to interact on the platform.

  • 70% of Facebook users engage daily with the social network, up 9 percentage points from 2013.
  • 45% of Facebook users engage with the social network several times a day.
  • Facebook acts as a social media homebase for its users.

Who do people consider their friends on Facebook?

From a marketing perspective, this is an important question to answer since it yields insights into how deep these relationships are.

  • 93% of Facebook users are Facebook friends with family members other than their parents or children.
  • 91% Facebook users are Facebook friends with their current friends.
  • 87% Facebook users are connected to friends of theirs from the past
  • 58% Facebook users are connected to their coworkers.
  • 45% Facebook users are Facebook friends with their parents.
  • 43% Facebook users are friends with their children on Facebook.
  • 39% Facebook users are connected to people they’ve never met in real life. These people are looking to build their audience.

hootsuite-logoCompanies like Hootsuite – help manage social media.  They can manage your social networks, connect your customers and grown your vending business on social platforms.

For as little as $10.00 a month it can be much easier than you think to stay connected. There are several good companies that offer the same quality work the main point is just get started.

Create your own business Facebook page today.  Remember to leave your personal life for your personal facebook site.

 

Vending Operators Category Management Tips

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By , June 6, 2016 12:24 pm

http://www.hersheys.com/vending/infocenter/allocating.shtml

https://www.hersheys.com/vending/infocenter/index.asp

Vending Operators Category Management Tips for a Successful Vending Business.

Category Management

What is Category Management?

1. Category management is a proven merchandising system that maximizes product sales from vending machines. Category management increases sales and profits by providing your candy/snack customers with the products they want, when they want them:

  • Top-selling products in every machine, every day.
  • Maximum product variety through broad category representation and menu-period rotation.

2. Category management is easy to implement, but requires changes in your merchandising system – and organizational commitment to making it work!!

3. Category management increases your bottom line

Increased Sales from Better Merchandising

  • Full category representation meets more consumer demand.
  • The use of top-selling products increases sales per spiral.
  • Increased machine sales results in substantially increased total snack profits.

Reduced Inventory Investment

  • Menu-based purchasing reduces the inventory and handling costs of additional, unnecessary SKU’s.
  • Purchasing efficiency increases dramatically.
  • Order levels are more closely matched to sales, allowing reduced total inventory investment.

Improved Route and Warehouse Efficiency

  • Route merchandising and product selection is simpler and more efficient.
  • Warehouse order placement and product handling functions are much easier.
  • Fewer SKU’s and lower inventory levels result in substantial reduction in warehouse labor.
The most important asset a Vend Operator has in terms of driving sales is machine shelf space. Similarly, the most important decision a Vend Operator will make in terms of building product sales volumes is what type of product is offered for sale to consumers from each machine spiral. 

To meet demand from as many consumers as possible, every Product Category should be represented with at least one facing. This “threshold” facing ensures that every machine provides a minimum level of category representation and at least some ability to make a sale to every consumer who approaches the machine. 

All other machine facings should be assigned solely upon category sales levels. Categories must “earn” additional space through consistent delivery of additional volume. Normally, additional “volume-based” facings are most often assigned to the candy, salty snack, cookie and pastry categories. 

Machine Category Sales Share

A Look At IVM’s MRO Automated Supply Vending Machines

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By , June 6, 2016 12:05 pm

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Vending machines have changed the industrial arena by offering an efficient operation for maintenance and repair supplies.  Once on board with Carts Blanche’s, VendaWorks trailers it can meet your MRO demands.  Once VendaWorks is stocked with IVM’s automated supply distribution vending machine your mobile stockroom becomes a reality in the workplace, saving time and money.

http://www.ivminc.com/automated-supply-distribution/mro-vending/

Some of the most costly items for companies are those items used in relation to their Maintenance, Repair & Operations (MRO Vending) needs. These items, while costly, must still be available at all times to the various employees that need them in order to allow the smooth and efficient operation of the company as a whole. If an assembly line goes down the MRO crew needs to have instant access to the tools and supplies they need to get that line back into production!

The equipment provided by IVM allows for the controlled distribution of these vital supplies while allowing 24/7/365 access.

  • Helix-coil supply machines allow for the active control of many MRO items.
  • Variable-size Locker systems allow for the distribution of larger items but also allows tremendous flexibility to change items being distributed by simply swapping out one locker compartment size for another right on-site.
  • Items may be returned so that supervisors know MRO supplies are not being left in the wrong place.
  • Automated messages can be sent to supervisors notifying them of tools that have not been returned.
  • Damaged items that are returned can be designated as broken upon return and locked from future use until a supervisor can inspect/repair/replace the item.
  • Power charging ports available in locker compartments.

 

Healthy Choices Through Vending Machines is COOL

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By , May 9, 2016 11:19 am

 Below are a couple of interesting articles on healthy choices in vending machinesbulbDoes a light bulb need to go off for vending operators to see that consumers are making better food choices. They will always love their junk food but just in moderation, offer them better and more choices in your vending machines.  Fresh and healthy go together.  In most cases millennial are your customers, check out the facts and make the change.

Some of the Latest Business Ideas for 2016

Latest-Business-Ideas-for-2016-health-foodOk, so some of you might be wondering, “how in the world does ‘healthy vending machines’ fall into the category of latest business ideas?” It doesn’t sound appealing or “cool” but the truth is that deep down, people want eat healthier even when they’re doing the complete opposite! Putting affordable and healthier snacks/drinks in schools and offices can become a promising business these days because most of us spend our days outside our homes and eat what’s nearest to us. You’ll not only make money like that but will also help reduce obesity and obesity-related illnesses such as diabetes and high-blood pressure in the population. Who can say no to that?

Yes, it’s very niche, but this job actually has options. Either you can work with a healthy vending machine business, that’s up and running near you, or you can buy your own franchise and then pitch the idea of swapping out chips for granola bars at local school and businesses.

Another thing that makes these business ideas great is that we know health, technology and social media aren’t going out of style, so any business in these fields will likely be successful as time goes by. Do you have any other business ideas to make this a year of financial success? Please share in the comments below!

http://www.forbes.com/sites/brucelee/2016/04/22/current-and-future-trends-in-vending-machines/#20e4c0803a65

Future Trend 1: Vending machines that provide healthy food. An argument against vending machines carrying healthy foods such as fresh fruits and vegetables has been the higher cost of having to refrigerate and frequently replace the food when it spoils. (Try keeping an apple, not the machine but the fruit, in your handbag or purse as long as you can a bag of potato chips). Another argument has been that people are not demanding such food in vending machines. But as storage technology improves and calls for healthy food in vending machines increases, some businesses having been moving towards vending machines that carry healthier food.

Future Trend 2: Vending machines that provide nutritional and health education. Other food sources such as restaurants and grocery stores have been voluntarily (or the opposite of voluntarily) moving towards providing more nutritional information and education about their products. For example, last year, New York City passed an ordinance that requires chain restaurants to place a salt shaker icon on menu items to indicate food that exceed the daily recommended limit for salt intake. Also, a number of grocery stores have been taking steps to offer more nutrition information and tips to choose healthier foods. The Food and Drug Administration (FDA) already requires operators who own or operate 20 or more vending machines to disclose calorie information for food sold from vending machines, subject to certain exemptions.

https://www.cartsblanche.com

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