How to get started as a vending machine operator?
In the current 4.0 Era, the vending machine business model is growing strongly. But to get started and achieve success on this path, you need to be well prepared. So what is so interesting about doing business with vending machines and how should it work?
1. Reason why you should start with a vending machine business model
Vending machines with great growth potential, bringing many benefits both to you and the community. Therefore, you should think and get started with this business model.
Manage your own work
There are many ways for you to Startup and manage your own work, but not all models are easy to achieve success. However, a vending machine business form will help you to do that. You will be self-employed and get paid for your own work.
Generate passive income
Vending machines will help you generate passive income. You will not need to spend a lot of time checking and managing it every day. Just by placing the vending machine in a potential location, setting the schedule to check and replenish goods for the machine by yourself, the machine will work automatically and bring in revenue for you.
In addition, you can easily track the product inventory, cash flow, and maintenance needs right on your computer or phone. Therefore, the management of profit - loss, inventory, debt becomes more convenient and helps you to minimize the financial loss.
Low initial cost
Compared to opening a convenience or grocery store, the vending machine model will help you save the cost of renting space, decorating the store display shelves, hiring sales and management staff. You just need to put the machine in a suitable place, let it work and bring in profits.
Bring a positive impact to the community
Do not think that the vending machine business is only for your own benefits, it also helps the community. Vending machines will provide consumers with a fast, convenient, safe, and modern shopping solution. Help them save time and quickly catch up with modern technology.
Step 1: Determine the product you will be trading
Before operating the vending machine business model, you need to determine the product category you will be trading. You can survey the market, assess the potential of each category and choose the suitable one.
Some popular products that you can sell at any place such as coffee, beverages, light refreshment, confectionery, snacks,... Moreover, if you have plenty of time and have strength in the Food industry, you can sell fast food like bread, sandwiches, and lunch in the office or school area.
Once you have identified the business line, you need to find a reliable product source, with reasonable prices and discounts so that you can optimize the profits.
Step 2: Determine the suitable vending machine model
After selecting the product category for sale, you need to determine the type of vending machine and the features that you need to include in your business model. Some features such as: accept payment via bank card or E-wallet, phone top-up via the machine, interactive voice screen, integrated data management software, image and design of the machine. ,....
Step 3: Determine where to buy or rent a vending machine
Currently, there are many selling or renting vending machines units on the market. However, to choose a quality machine, you should select a reputable one. You can rent or buy machines right at Dropfoods - the leading vending machine distributor in Vietnam, promising to bring you the modern, quality machines at good prices with the most preferential.
Contact Dropfoods immediately for more detailed advice on services and products as well as related information:
Dropfoods head office: Unit 401 PVFCCo Tower, 43 Mac Dinh Chi Street, Da Kao 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
Step 4: Choose the location to place the machine
The location of the machine is a very important factor that helps you to work well with this business model. Therefore, you need to research carefully to find a suitable location for the machine. You should choose a location with a lot of people coming back, have a large target customer file, fit for the type of product on sale.
Some locations often install vending machines, for example, commercial centers, apartment buildings, schools, hospitals, restaurants, hotels, offices, businesses, factories, grocery stores, parks, airports, stations, bus stations,...
Furthermore, you need to pay attention to the safety of the device when placing it in those locations to avoid theft or vandalism.
Step 5: Start operating the vending machine
After being fully prepared, you can start operating your vending machine business model. You do not need to manage the machine often, but you should schedule to inspect and replenish the machine. You can also track, manage sales, goods - inventory, advertising information or monitor the loading of goods right on the machine easily.
2. 5 steps to operate a vending machine
Starting a vending machine business model is quite simple, but it also requires careful preparation. Optimize all resources so that the operation becomes simple and easy to achieve the expected success.