Should I buy a vending machine?

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Should I buy a vending machine?

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General Vendekin Technologies Pvt Ltd 2 years 2023-02-11T04:53:52+00:00 2023-02-11T04:53:52+00:00 0 Answer 0

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We are Vendekin, making vending machine businesses smarter. We simplify the entire process of vending machine operations with our patented automated retail management solutions. We help businesses embrace the omnichannel retail structure, to ensure they reach their customers wherever they are and sell more. For entrepreneurs interested in investing in a digital business, we provide a readymade, profitable business model involving smart vending machines and Supplier connect.

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Vendekin Technologies Pvt Ltd · Answer 1 · 2023-02-11T04:56:28+00:00

Smart vending machines are extremely popular worldwide and now in India. With a projected market value of US$ 130 Billion by 2023, it is one industry that is growing at a CRGP of 9%.

Plus the shifts in consumer behaviour and shopping patterns, automatic vending machines have been aiding businesses with instant gratification, cashless transactions and data analytics to enter the micro market of unmanned retail.

Additionally, with product-specific customisation, vending has gone beyond the traditional snack vending machines.

Taking these into consideration, it is reasonable to say, now is the right time to buy vending machines and make your business future-proof.

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Should I buy a vending machine?