How do newbies get started in the vending machine industry?

If you are interested in the vending machine industry, then as novices, how should we start the vending machine business journey? Just three steps.

The first step: product selection, brand selection

First, choose products suitable for vending machine sales, such as fast-moving consumer goods, beverages, snacks, etc., or adult products with higher profits. After confirming the product, you can start choosing a suitable vending machine. It is recommended to choose a brand with excellent quality and complete after-sales service system, such as WEIMI Smart Vending. Also consider the brand's cooperation policy and the added value of the machine. There are many types of vending machines, including those with refrigeration functions, normal temperature ones, and refrigeration functions. Therefore, the choice of cooperative brands is very important. You must first understand and determine the products you want to sell in order to better choose the right vending machine. Cargo plane.

Step 2: Machine point selection

While confirming the machine, don’t forget to find the place where the machine will be placed and the target group. The quality of vending machine locations is very important. It is necessary to consider the flow of people and consumption power, and also examine the surrounding competition, including other vending machines, small shops, etc. Considerations for placement locations include: flow of people, demographic characteristics, age group ratio, spending power, etc. Only in this way can you accurately promote your products to your target customer groups. Places of delivery usually charge a fixed rent (including electricity charges), or are based on profit sharing. Just like renting a store, you usually need to sign a contract, so remember to understand the rent and contract details in advance.

Step Three: Business Model

You can choose the franchise agent model, direct purchase of equipment or leasing cooperation model. Under the franchise model, agents join the brand and pay a deposit to obtain equipment for delivery; direct purchase means customers purchase equipment and operate it independently; leasing cooperation means leasing machines from manufacturers and operating them themselves.

After the machine and location are confirmed, you can take the time to prepare the product while waiting for the contract to start!

Follow these steps now to start your vending machine business journey!

WEIMI Smart Vending a China Top 3 Smart Vending Machine factory.Our smart vending machines are working based on Amazon Cloud-server, with stable and user-friendly software system.

The system consists of 3 parts:Vending APP on the machine(for users)+ Mobile phone system(for operator)+PC system(for operator)

There are some special features (such as Product details,Shopping Discount,Promotion,Age verification,etc) which can help to boost the sales of your vending business.And we have our own factory. We hope to establish a long term cooperative relationship with your company.

If you want to know more information,please contact us!

WhatsApp: ＋86 182-761-41337

Email: Sales13@micronvending.com