How to Choose Vending Machine Locations？-- Part One
Even those who are not into vending machine business should also know the population density of schools. There are really many spots in schools or universities that are suitable to place vending machines, such as the entrance of the teaching buildings, dormitories, indoor basketball court, library, canteen, etc. Because those are the places where the flow of people is very large and concentrated. At least thousands of students come and go every day, so the shopping demand is also the highest among all points.
Although there are many locations that could be used for placing vending machines in schools, there are also subtle differences in the selection of spots. Only by grasping the details can you earn more profits. For example, there are differences in the selection of products between the two typical points of the dormitory and the teaching building. The dormitory is the place where college students live, and the products placed in the vending machine need to be comprehensive and diverse, such as beverages, snacks, instant noodles, freshly cut fruit, etc, in order to cater for their needs to fill their stomachs. But the teaching
building is the place where students go to class, and there is not muchtime for them to stay outside of class, so things like instant noodles should not be put in the vending machine. Drink and beverage are mostly recommended instead, same for playgrounds and sport halls.
But it is not easy to these spots in schools or universities, you need to obtain the qualifications for placement through bidding and other methods!
Residential areas
Although the community is also one of the good spots for placing vending machines, we must check the place on the ground and do a survey before launching the machine. Firstly, on one hand, we should look at the occupancy rate of the community. On the other hand, we should look at the location and number of convenience stores in the community. Be sure not to choose a new residential area, because the occupancy rate of the new residential area is not high and the flow of people is very low. Secondly, if the surrounding business district of the residential area is not ideal, then we could put multiple vending machines inside the community.
If you choose a residential area to place vending machines, it's a good idea to choose thoses residential areas with a large number of tenants and migrants. However, if there are many convenience stores and a supermarket in and nearby the residential area, vending machines will lose its advantages and can't compete.
The selection of products for the vending machines put up in the community is even more different from that of the school. We can put more life-like things, such as oil and rice. First, because the unit price of such things is high and they are necessities of life, the residents can buy them directly downstairs instead of going to the store outside the community when they have needs. Moreover, things like oil and rice are relatively heavy, buying them from the vending machine saves the time of the round trip.
Generally speaking, you need to communicate with the property management to get spots in the residential areas. There are generally two types of cooperation modes: rent and split. It mainly depends on the vending machine operator's good eloquence and interpersonal relationships. Relatively speaking, it will be easier to secure locations in the residential areas than schools.
Office buildings
Generally speaking, places that are suitable for putting vending machines should meet two conditions, which is that the flow of people is large and their lingering time should be long. Office buildings no doubt meet these two conditions. Similarly, when choosing an office building as a vending machine location, you should also conduct on-the-spot inspections to observe it's occupancy rate. Secondly, as for the specific points in the office building, generally speaking the first floor of the office building or inside the company (if there are many people inside) is the best to choose. If the vending machine is placed in the public area such as the first floor, you can directly communicate with the property of the office building; if it is placed in the company area, you can directly contact the company's personnel or administration.
In terms of product selection, the vending machines in the office building still need to satisfy the requirements of eating, drinking and satiety. Products such as snacks, beverages, instant noodles, and fruit cuttings can be placed in equal amounts, and the product categories can be adjusted in real time by monitoring background data in the later stage. If you put it in the office, maybe you can receive warm suggestions from the company's employees. But relatively speaking, there will be a difference in revenue between placing on the first floor of an office building and placing it inside the office. If you want to reduce machine costs and operating time costs, you can choose to put large-capacity double-door vending machines only on the first floor of the office building.
Today, I will mainly introduce the selection of these three locations, and will continue to update the location introduction in the future. Welcome to leave a message to share the relevant information and knowledge of the vending machine.
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Export manager: Ben
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Email: ben@micronvending.com