With changing times, redundant human jobs are increasingly being automated. Keeping up with this technological advancement, human cashiers are now being replaced by AI-based self-checkout kiosks. Moreover, there are statistics to show that this self checkout trend is booming. As per a survey by SOTI, 76% of consumers indicated that their retail shopping experience is […]
With advanced technologies working their way in our day-to-day life and constantly evolving consumer behaviour, the competition has become fiercer. In this cutthroat scenario, businesses today are tasked with enhancing consumer engagement to stay on the top of their game. Several companies have come up with highly innovative and out-of-the-capsule marketing tactics as the technology […]
Right from providing a streamlined omnichannel shopping experience to making massive investments in AI-powered and human-free convenience store, many retailers are rapidly embracing the disruptive technology. Last few years witnessed a tectonic shift in consumer behaviour. Unlike their predecessors, the modern-day consumers want a smooth, effortless and uncomplicated shopping experience. Micro Market – A Prelude […]
With futuristic technologies making headway, the vending industry is witnessing unprecedented innovations which have prompted many companies to push their boundaries! Apart from embracing the advanced version of a convenience store in the form of micro markets, many businesses are adopting advanced biometric and AI technology to transform the vending experience and generate significant revenues. […]
Gen Z is here! According to an estimate, representation of the millennial is steadily escalating. The (increasing) presence of the individuals who grew up in the digital age has given rise to in-flow fresh ideas on the type of work environment they require to churn out innovative solutions. With such a transformative nature of modern-day […]
Post It, or It didn’t Happen is the New Mantra of Social Networking Age In the 21st century, social media posts have become a way to record our existence. Social media has greatly influenced the brands; it is believed that consumers are more likely to purchase the brand that engages with them on social media […]
Like everything else in this technology-driven world, vending machines are also evolving. They are getting smarter and more interactive. The vending machines have undergone massive upgrades since its official debut in the 1880s. They are no longer used just as a convenient and low-cost vehicle that shrinks an entire store into a refrigerator-sized money-minting machine. […]
With technological advancement, the role of a vending machine has also evolved. Modern-day vending machines have promotional capabilities that can be leveraged for an effective marketing campaign. The ability of a vending machine to convey promotional messages to a broad audience at selected locations with high footfalls has caught the attention of the marketing community. […]
The sole purpose of this article is to provide vending machine business owners an inside perspective on how customers view certain aspects of a vending machine business. These aspects can range from the variety of products available, pricing, location and much more.Once aware of these aspects or shortcomings as viewed by the customers, business owners […]
Setting up a vending machine is not the only thing required to gain success from it. The key to receiving a sizeable passive income is good planning and investing time and resources in the initial stages. Like all businesses, a vending machine business requires far more than initial investment of funds. It requires a mindful […]
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