What do restaurant bathrooms, entrances to Laundromats, and change machine vestibules at self-serve carwashes all have in common? They are all great places to get more value from each customer interaction by offering additional products your customers want and need. Vending machines turn spaces you would otherwise consider ancillary to your business into sources of regular profit. There are vending machines for an amazing array of applications nowadays, from small bathroom units offering colognes and mints to larger models built to dispense everything from laundry soap to car fresheners – and of course, machines designed to sell all manner of snacks and beverages, cold or hot.
Vending machines are a great way to turn parts of your building or business which aren’t ordinarily used to make sales into opportunities to upsell your patrons – on goods relevant to their visit, or just some tasty refreshments. The best part about using vending machines is that they act as a salesperson and a security guard all in one, selling 24/7 and guarding their contents, without the need to pay salaries to either.Automating sales also lets you offer customers a wide array of items related to their visit – or items of general appeal like candy and soda – in places where it would not be practical or reasonable to conduct regular business.
Almost anyone with a physical space for their business can benefit from installing vending machines, and all that is typically required to put them in place is electrical power and basic means of securing them in place. Even in businesses that do employ salespersons, vending machines defray cost and build revenue by making more of your facility profitable. You can even use vending machines to make money from your own employees – providing snacks and drinks in office break rooms and other common areas makes financial sense for corporations of all sizes.
Installing vending machines stocked with items you know your customers and staff will want makes it easy to add to your bottom line, but the upfront cost of those complicated machines can be a dealbreaker for many business owners. That’s why financing your vending machines, concession equipment, and other self-serve kiosks with a company like TimePayment is such an attractive option – you can set up the equipment you need right away, and you have the luxury of paying for it over time in manageable installments. Since you can install and stock your new vending machines immediately, you can pay for them with the revenue they generate. With such an amazing variety of products able to be sold from modern, high-quality vending machines, nearly every business owner has the potential to earn more from the company they already operate.
To learn more about affordably obtaining your vending machines and concession equipment, the financial products available to you, and how you can turn overlooked spaces into sales floors, contact a representative of TimePayment today.