Vending Machine Business. Is it Worth Doing?

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The vending machine business has been around for hundreds of years. It was invested in by William Henry Fruen and its main purpose was disposing of bottled water. Move to today, vending machines dispense a wide array of items from toys, to snacks, food, and other daily necessities. Japan has the highest density of vending machines worldwide. The Japan Vending Machine Manufacturers Association estimates that there is one vending machine for every 23 persons. Annual sales total more than $60 billion. Having a vending machine provides convenience for customer to visually pick their choice of the item they wish to purchase without having to hire an employee to serve them 24/7.

If you have ever watched businesses on vending machines as a side hustle. You would often only hear the good ones. That making money through vending machines is a fun and exciting way of collecting money. While the collection of money can be a mysterious excitement, it does come along with several challenges not well-known to people starting.

There are a lot of things not well mentioned in this vending machine business space and I would like to share some light on the business. In this blog, I will discuss my take as an'

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E-commerce's recent COVID-19-fuelled boom has accelerated the arrival of new forms of delivery and delivery-related services. 'As-fast-as-you-want' companies allow goods to be delivered when a buyer needs them ' especially useful for perishable merchandise. Pick-up lockers are rapidly growing in popularity. Drones are another approach that many businesses are considering. 

For those looking further into the future, even more exciting are the totally automated stores piloted by companies such as Amazon Go and Hema Fresh, where shoppers put purchases straight into their bags and have the bill settled by their mobile  as they walk out.  

Yet there's also one other channel that shouldn't be overlooked ' the one found on streets, in malls and in office and school lobbies across Asia ' the vending machine.  

Japan has long been the world's vending machine heartland, with its more than 4 million machines offering everything from soft and alcoholic drinks to food, cigarettes and even toys. At one for just over every 30 people, its penetration rate is nearly double that of the US.  

The machines' longstanding strengths ' their low cost to operate, round-the-clock presence and brand promotion and advertising role ' remain as powerful as ever. Coca Cola Bottlers Japan Inc, which operates nearly a quarter of all Japan's machines, says they are its single most profitable channel.  

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