The need of a vending machine at a commercial establishment (1)

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www.ausboxgroup.com.au
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A commercial space can be anything ranging from a
retail shop, an office or a service business such
as a car wash, hospital and more. Each
commercial space consists of clients and
employees having their expectations and
requirements. One such common requirement in any
business is that of a vending machine.
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A vending machine is an investment and the need
of it in a commercial establishment is highly
debatable. However, the pros top the cons. Listed
below are several reasons why your business may
benefit by getting vending machines installed.
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1). Employee Satisfaction
According to a 2016 report by Glassdoor, 57
employees value perks and benefits and consider
these before selecting a job. A vending machine
in your workplace acts as one such perk. Your
employees are likely to feel more special and
cared for when they know they can treat
themselves to a snack in case they feel low on
energy or forget their lunch. A vending machine
is thus a gesture that shows gratitude to your
employees. It helps your business retain them for
longer periods and instils a degree of company
loyalty, thus, motivating them to work harder.
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2). Increased Productivity
As per research by daily info-graphic, around 46
employees need a cup of coffee to stay
productive. Having a vending machine in the
office enables them to get that cup of coffee or
snacks while in the premises. Vending machines
provide food at lower costs than restaurants.
This minimizes the need or the intention of an
employee to go outside in search of food and wait
in long queues. As a result, it leads to saving
more time and makes your office more productive.
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3). Convenience
Having a vending machine adds to the enhanced
convenience of employees and clients. Your
employees can get some sustenance at cheap rates
while at the workplace and clients can munch on
snacks and refreshments in the middle of tiring
meetings or shopping expeditions. Such easy
availability leads to benefits for your business
in terms of better reputation in the eyes of
customers and loyalty amongst workers.
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4). Keep Customers Around Longer
The longer a customer is within your business
space, the more opportunity you have of making a
sale. This gives you the time to pitch to your
customers for a longer period and convince them
to buy any product or service that they show
interest in. Vending machines can help avoid
situations where your potential consumers wishes
to leave with a promise to come back later. They
can easily have a snack while they are looking
around for products or services. Moreover, they
can also adhere to their kids demands for
candies without having to make a visit to the
general store.
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5). Generate Income
A study by technavio says that the vending
machine market size will grow by USD 12.46
billion during 2019-2023. This goes on to prove
that it is a profitable business option.
Consequently, vending machines, loaded with
popular products can be a side source of income
for your company. The sales that it generates
through consumer or worker interaction can be
used to fund employee activities such as dinners
and corporate functions or after sales benefits
such as free goodies on sale to further promote
growth.
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6). Client Satisfaction
One of the key advantages that vending machines
provide is an improvement in customer shopping
experience. Attractive machines having a range of
retail products can be used to attract more
clientele. Besides, healthy vending machines,
snacks and coffee vending machines as well as
micro markets act like additional benefits for
consumers and keep them coming back to your store
for all their future needs. These thereby add to
consumer satisfaction and help increase overall
sales.
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7). Save Money
A cafeteria takes up space and leads to several
overheads on cleaning, furniture, kitchen
equipment, electricity, space and so on. A
vending machine helps eliminate such costs and
results in saving money for other growth based
activities. Moreover, it also gives more flexible
options when compared to the limited ones in a
canteen.
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