Efficiency is one of the keys to successfully running a profitable vending business that generates passive cash flow, but past software platforms required an in-house server, and software updates that were also very costly to manage.
Thanks to SmartVend, the complexity of running an efficient vending business is now a thing of the past because, this software provides operators with a cloud based, customizable tool, that makes it possible for the operator to have the most up to date business data at their fingertips.
|
|
Today, at 31, Marcus Graham now has a thriving vending machine business that brings in more than $300,000 a year in sales. But just a few years ago, he was living at home with his mom in Rochester, New York, working a $17-per-hour managerial job.
Marcus Graham: My goal was to save up enough money to purchase a rental property that could generate passive income. But one day, a new side hustle idea sparked when my friend saw a woman taking cash out of a vending machine.
I thought about how it could be a profitable business with little heavy-lifting. So in 2018, I moved to Philadelphia and bought two machines.
|
|
1st century A.D., Roman Egypt. People eagerly wait with a token in hand to experience an engineering marvel called the vending machine.
It might seem unlikely but with a massive history of over centuries, vending machines have been a part and parcel of human civilization. From the holy water vending machine in ancient Egypt to the smart snack vending machine in India, it has left a great impact on the global consumer, particularly in the retail sector.
So much so that the market size of global retail vending machines was estimated at USD 51.91 billion in 2021. Moreover, the beverage retail segment contributed 43% of the global revenue with smart coffee vending machines and energy drinks in the lead.
|
|
If you own ATMs that are placed in remote locations, you know that sending a tech dispatch to those locations can be costly.
Thankfully, DPL Wireless Software can save you thousands of dollars per year in tech support and travel costs because their restart accessory works in conjunction with Hercules modems, making it easy for you to reboot your device when it’s experiencing issues.
Unlike traditional RMS reboot options, with DPL, you can remotely reboot your device even if it’s frozen.
To get started, all you must do is plugin in the reboot device, connect it to your Hercules modem, then once your ATM needs to be restarted, all you must do is login to the Hercules web portal to initiate the restart command. .
|
|
With Simplifi route scheduling software, once you use this software you won’t want to go back to doing business as you did before because, this software will provide you with so much data at your fingertips including cash box data, time since last visit, which machines require maintenance and more.
Eliminate Unnecessary Visits
In the 2020’s, every operator is concerned about cutting costs due to the recession, COVID-19, and inflation.
The good news is that this software makes it possible for an operator to control every aspect of their business and know what’s really going on at each machine before sending a driver out to stock or repair it.
|
|
|
|
National Sales Director / Editor
Call 847-331-4256
Reach 13,300+ Vending Professional's Emails!!
|
|
You are receiving this information because you have expressed interest in vending, office coffee and/or micro market self-service industry news. Sent to you by Vending Connection 1-800-956-8363.
|
|
|
|
|
|
|
