Can vending machines make money?

Whether you can make money depends on the following factors:

1. The most important thing is the geographical location. The choice of location is particularly important. If you place this machine in a relatively remote place In a location where there is very little traffic, no matter how complete your goods are and no matter how cheap the price is, you will not make any money; if you place it in an area with very large traffic and the geographical location is very good, you will definitely make more money than in a remote place. There are more.

2. Whether the goods placed on the vending machine are relatively complete and whether they are things that the general public needs. Suppose you put some unusual and fresh things in the vending machine, which are not very practical. Then consumers may buy it for the first time out of novelty, but the chance of repeat purchase will be relatively small; if the vending machine has If there are things that the public needs, such as sausages, bread, mineral water, drinks, and other very practical things that can satisfy hunger, the purchase rate will be relatively high.

3. Price factor, this is actually the competitiveness of vending machines. If you price the same thing at a slightly higher price, there will definitely be slightly fewer buyers, because 60 to 70 percent of office workers also care about price. Assume that your pricing is very standard, or slightly cheaper. No, I personally think it is possible to make small profits but quick turnover. Because consumers have a mentality of taking advantage and hope that the things they buy are economical and affordable.

Fourth, the issue of product quality is actually the top priority. Because some consumers will check the production date and shelf life when buying things to eat or use. Don’t try to buy something that is about to expire at a cheap price. This will make consumers very disgusted and damage your reputation. It doesn't do much good either. Choose some newly produced things, ensure the quality of the goods, and you can make money.