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Are Grocery Vending Machines a need of the changing
retail scenario?

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Aug, 2021

In 1880's the first vending machine came into being in England taking in coins and giving out the supplies. Today the country like Japan holds a large number of vending machines, as much as 1 per 25 people, highlighting its effectiveness in gaining popularity since its introduction there in 1888. Used for the supply of a wide variety of endless merchandise starting from food items both hot and cold, fruit juices, candies to postal tickets, cigarettes, sanitary napkins and even masks these automated machines are an end-user friendly dispensers. Not only this but the Gravesend school of England has a reverse vending machine that dispenses reward points for deposit of plastic or aluminum bottles cultivating the habit of environmental friendly actions.

Before the episode of covid 19 happened the vending machine business was established and running with lips and bounds. It is predicted to grow further with the consumers cautiously limiting super market visits for daily supplies eyeing the need to maintain the social distancing and so the grocery vending machines will furnish an opportunity for the retail business to draw more profits as a growing number of consumers are adapting it as a better option.

Are grocery vending machines a need of the changing retail scenario?

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Let's analyse how the modern day retailers need the use of the grocery vending machines to provide an automatically generated supplies experience with ease :-

Competition with e-Commerce shoppe
Competition with e-Commerce shoppe

As per a study 75 % of consumers are willing to spend on online shopping which compels the retailers to get hold of their attention by employing means like vending machines to compete with the e-retail giants like Amazon, Flipkart, Big Basket

No wait in long queues
No wait in long queues

Standing in the tiresome long queues to reach the cash counter at the retail stores is curtailed, saving time and energy making the consumer want to visit for more purchases frequently. The grocery vending machines satisfy the need of necessities at any point of time during the day 24×7 throughout the year.

Greater returns for a relatively low Investment
Greater returns for a relatively low Investment

May it be a small business or a big organizational setup it is possible to invest in several machines at different places saving the engagement of enormous funds in a single store generating a good return and saving on maintenance costs.

Easy Payment
Easy Payment

Payment methods like cash, debit or credit card, scanning QR code and UPI facilities are some very handy mechanisms offered by these machines. Usually, nowadays consumers prefer card payments for safety reasons so no credit payments, cashless sales ensure the amount is directly transferred to your bank account.

Fulfilling the Social Distancing norms
Fulfilling the Social Distancing norms

Transactions are completed smoothly through a contactless purchase as no queues are formed for payment at the cash counter, no multiple surface touching of the grocery like in the trolley and at the cash counter with no presence of cashier or sales assistant enabling an automated consumer interface.

Best utilization for quality products
Best utilization for quality products

Uninterrupted supply of freshly preserved, quality and branded products are delivered for good health and in hygienic conditions by manoeuvring technical support to manage the temperature settings in the machine according to the requirements of the product like the use of a freezer.

Fits easily in small spaces
Fits easily in small spaces

The machines come in various sizes that do not call for a huge store accommodation but smoothly fits in comparatively compact spaces like offices, society compounds or complexes. The chances of the machines getting pillaged at such confined areas is the merest possibility other than when located directly on the streets.

IoT technology utilizations
IoT technology utilizations

The consumers connect with the machine using smartphone apps to select the product and complete the purchase operation enabling the delivery of the preferred products with easy e-payment options. The app intimations keep the buyers well informed about the products price, weight and any new offers.

Encashing the heavy footfall areas
Encashing the heavy footfall areas

You can install it near a bus stop, garden, below or inside the office premises or a residential complex or organizations and take advantage of the crowds providing them with supplies in their immediate vicinity.

Simplified tracking of the inventory
Simplified tracking of the inventory

Easier merchandise stock management is possible via notification of the daily sales, fast selling products, stock reports presented through IOT technology enabling uninterrupted supplies.

About IAM

When your aim is gaining profits by achieving consumer satisfaction 24×7 you will surely grab the nerve of business by means of the grocery vending machines. We Integrated Active Monitoring Pvt. Ltd. are an IoT services company to support your journey with our unique business solutions. So, do visit www.smartiam.in and let us serve you