Monday, August 10, 2009

Vending- What’s IN

Vending machine business has no more limited boundaries. The industry has been exploring new avenues to make its presence felt everywhere in America. Today, it is $40 billion industry with job options for millions. The automatic merchandising is undoubtedly the most lucrative business opportunity. Starting a vending business is not a tough job. Adopt a holistic approach while you understand the vending business. A thorough research in the industry will help you know what is happening around.

New products and vending machines are fast emerging as updated versions of the earlier models. Some traditional and innovative vending options include:

Coffee
Cosmetics
Snacks
Postcards
Toys
Video
Water
ATM machines
Bulk products
Stickers
IPod and DVD
Camera
Pizza and many more

With so many choices, it has become difficult for new vending business owners to decide which option is most suitable. Healthy vending is at its peak due to its increasing number of health conscious people. Options such as nutrition bars, low calorie cookies and candy bars, baked chips, fruit juices, yogurt, corn flakes, salads and many more similar selections are available for health conscious customers. The market is now customer driven and vendors lay emphasis on complete customer satisfaction.

Across major emerging markets, sales of impulse food and drinks through the vending channel have recorded rapid growth between 1999 and 2004. The recent development of sales of impulse food and drinks in the vending channel was accompanied by a corresponding increase in the number of machines. Consumers have also become more familiar with some of the major international food and drinks brands available through mass retail channels, which make them more easily recognizable and increases the vending possibilities.

More and more vending machine companies are constantly investing in R&D to manufacture unbeatable machines. Innovative machines can cater to varied needs and markets and are sure success. Due to changing consumer perceptions towards the vending, new opportunities for vending operators to install new machines have arisen. Constant growth and changing trends in the vending ensures that the industry will continue to appeal wide consumer base.

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