Diversity In Vending Technology And Impact On Vending Industry

Many of the vending operators have successfully adapted their vending machines to accept higher denomination currency. Recent reports show that nearly 10% of all bill validators offered dollar coin payout and nearly 25% of all vending operators shifted from the 3 tube coin tray to 4 and 5 tube coin trays. Evidently, investing in higher denomination bill acceptors have proved to be beneficial to vending operators.

In the year 2004, investment was made by vending operators in many technologies like cashless payment options and other techniques to make their Planet Antares vending business more profitable. State of the art tools such as DEX handhelds have allowed vending operators to account faster and more accurately for revenue.

Also, they gain more control over product placement and variety in location. This is extremely beneficial to Planet Antares vending business owners as customer preferences have become more diverse. This diversity can be attributed to the higher health concerns and awareness about nutrition among the public.

With the rising levels of obesity among Americans, they are not ready to eat high-calorie, fried snacks or beverages. Even school authorities have become very particular about the kind of products that can be dispensed by vending machines in their premises. All this has resulted in new changes in the vending industry, increased scope for innovations in products and technology as well as higher price points on nutritional items.

Even though there has been an increase in the restrictions imposed on products in vending machines, the trend and demand for nutritional vending has expanded to other accounts. Planet Antares vending operators have addressed the consumer demands for low carbohydrate products by placing healthier snacks and drinks in their vending machines. They also use sales tracking software to keep tab on the products selling well and the ones that are performing badly.

This technology has been able to provide vending operators’ great insight about the customer preferences. Vending customers have become more diverse in terms of gender, age, ethnicity, race, occupation, income and overall, culture. Vending operators can face this dynamic customer audience with the help of technology and effective strategies.