Vending machine makes payment automatically according to the coins threw in. It is such a device frequently utilized for commercial automation, which is labor-saving and easy for transaction with no the restriction of time and places. The categories, structures and functions of modern day vending machines differ according to the sold goods, primarily such as food, beverage, commodity, etc.
Vending machines are developed from Japan, Europe and America in the 1960s, which are also named 24-hour mini supermarkets. In Japan, 70% of tinned drinks are sold by vending machines. Vending machines started to enter Chinese marketplace in 1999. Nowadays, vending machines can be effortlessly discovered in areas with big passenger flow such as airports, subways, supermarkets and parks. Nevertheless, compared with mature markets in the U.S.A., Japan and other countries, vending machines have not deserved expected market place effects and wide use among consumers in China however. Nevertheless, enterprises will gradually attach excellent importance to market place potential and development direction of this kind of mass consumption mode and carrier known for its comfort.
Because vending machines can sell various commodities, which accords with China’s national situations, the demand for vending machines in the Chinese industry will be excellent. In addition, as the business of vending machines operated by folks and modest and medium-sized enterprises is expanding, the demand for the machines is growing, the circulation of commodities sold by vending machines will enjoy leapfrog improvement. As for such fantastic market place demand, provide of vending machines will face new challenges, and vending machine makers require to deal with the troubles such as technology, product design and style, function, security and after-sale service.
The following challenges influence the income of China’s vending machine business: little convenience shops can be observed everywhere many huge enterprises supply their staff with low cost or totally free meals and commute vending machines have difficulties of unreliability danger of getting counterfeit money and coins exists sales of each machine is low, while venue rent for the machines is high, and so forth. Since China’s vending machine sector is in the early development stage with restricted number of machines and low earnings, it is hard to gain scale merit from goods retailing.
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