Did you know that people in the US spend approximately $7 billion on vending machines every year? Vending machines are everywhere, and starting a vending machine business is a great way to earn some extra income.
You’ve probably used a couple of vending machines yourself, for different reasons. If you’re looking to start a vending machine business, it’s important to understand the different types of vending machines to get the right one.
In today’s post, we’ll be highlighting some common types of vending machines that you should consider when starting a vending machine business.
Food And Drink Vending Machines
These happen to be among the most popular vending machines. As the name implies, food and drink vending machines provide customers with different foods to satisfy their cravings. Food and drink vending machines are further differentiated into different types, namely:
Soft Drink Vending Machines: These vending machines offer your favorite soft drinks like soda, bottled water, and others. You can even get sparkling or vitamin water from these vending machines.
Snack Vending Machines: You can get most of your favorite snacks from snack vending machines. We’re talking chips, cookies, candy, and much more. They are cheap vending machines and great to invest in.
Apart from these two, there are also:
- Cooked and frozen food vending machines
- Coffee vending machines
- Combo vending machines
That’s all there is to food and drink vending machines. Now let’s look at the other types of vending machines.
As the name suggests, merchandisers are vending machines that sell merchandise. The merchandise can be anything from stationery to health and beauty products. They’re common in shopping malls and office settings.
These vending machines provide everything, including toiletries, beauty products, and even CBD products. At the height of the pandemic, some companies used these vending machines to provide masks and gloves for their employees.
Vending machines for health and beauty products are all the rage these days. You can learn more about the same to decide whether they’re a worthwhile investment.
Smart Vending Machines
Smart vending machines are the latest entries in the vending machine industry. These smart vending machines utilize modern technology to ensure contactless payment. Some of them use speech-recognizing technology to allow customers to buy items and pay using only their voice.
They’re useful in areas where touchless interaction with the vending machine is necessary. These areas include laboratories where scientists can’t risk touching vending machines with contaminated gloves. It’s not only safer but also super convenient.
Specialty Vending Machines
Specialty vending machines are vending machines that are specific to a particular area. You can find them in places like medical clinics, construction sites, and other areas for specific reasons.
For instance, you can find specialty vending machines in hospitals for dispensing fresh needles and razors for surgeries. These vending machines may not be ideal for retail, but they are great for streamlining certain operations.
Different Types Of Vending Machines Made Easy
Now that you know all the different types of vending machines, it’s up to you to pick one type to invest in. Explore your options to find the best vending machines to kickstart your vending machine business.
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