Innovations Used In Vending

There are numerous innovations that are being used in the vending industry today. Today we even have vending machines that can accept credit and debit cards. There is also technology that allows you to monitor vending machines from afar. These are the kind of innovations that you can place in your Planet Antares vending machines, so as to make your vending business more efficient and profitable. Recent innovations also include improved coin and bill validation and the rapid adoption of sense-and-feedback systems that verify the fact that a vend sale took place. This innovation has improved the shape of the vending business.

When we talk about innovations, one very significant innovation that we must mention is telemetry. Reliable, affordable wireless technology has made telemetry practical and provided the means through which cashless payments can be authenticated. Research has shown that 50% of consumers will not make a purchase from a vending machine if there is a “use exact change only” light on. If you have a Planet Antares vending machine that is equipped with telemetry, it can transmit sales and inventory data to a route truck in the parking lot. This will help the driver know exactly which products to bring in for restocking. The data can also be transmitted to remote headquarters for use in scheduling a route stop, detecting component failure or verifying collection information. Telemetry is considered to be one of the most significant developments in vending technology since the invention of the bill changer.

Consumers today want quick and convenient access to competitively priced products. This is why technology has played a very significant role in providing consumers with the kind of service that they would expect. Vending is a multi-billion dollar industry that is still growing everyday. Planet Antares offers entrepreneurs a quick and profitable way to start vending businesses, which can grow quickly. Snack, beverage, candy and food items continue to be the most lucrative and stable business in the market. Technology has allowed customers a more convenient access to vending machines.

Modern vending machines like those that are provided by Planet Antares are equipped with spirals to hold products near the access door at the bottom. When an item has been purchased, it has to pass through a laser beam, if it fails to do so the spirals will turn three times to ensure that the product drops. If it still doesn’t drop, the customer will be asked to make another selection or the money will be refunded back

Innovations in the vending business have definitely improved the way vending operators conduct their vending businesses. They also give vending operators an edge of their competitors. More often than not you are bound to find a vending operator vending the same products in the same location as you. If you have installed a few innovations in your vending machines, you will attract customers to your vending machines.