Nadjmat

Episode 95: Smart Vending Machine Business


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Vending machines are very straightforward businesses and don't require any special skills nor training. These are amazing businesses to consider with family members because it is easy to manage: once installed, a vending machine needs little to no maintenance. Vending machines require no staff, which means no extra wages to pay. It also means you don’t have to pay any other of the other costs associated with employing staff.

Digital/Smart touch screen vending machines cost around $1,000 on the low end and can go as high as $8,000 or even more depending on the technology. 

Smart vending machines have tons of benefits: They offer real time usage reporting to vendors which helps them to keep sufficient items in the machine by monitoring inventory all the time. They eliminate many drawbacks of old vending machines accepting coins. Payment options include many solutions such as contactless payment and Apple pay.

Here are below my top 3 vending machine business ideas:

  1. First aid vending machines
  2. Toiletries vending machines
  3. Baby Product vending machines
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    NadjmatBy Nadjmat

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