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Vending Machine Business

Technological innovations, automation, and advancements in the industry have changed the look of vending machines making them smart and intelligent as well. People nowadays are preferring online/cashless payments, debit/credit card options, and this preference has pushed the incorporation of card payment systems in the vending machines. Installation of vending machines near the corporate centers, public places like railway stations, airports, bus stands, shopping malls would facilitate the retail sales of companies as well as facilitate the customers in buying daily items easily in a hassle-free manner. A few of the trends witnessed in this industry include the integration of big data & IoT, Facial recognition technologies, growing demand for retrofitting, the cashless economy.

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Vending Machine Business

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  1. VENDING MACHINE BUSINESS • Available Reports on this Title – • http://meticulousbplans.com/product/vending-machine-business/ • Business Feasibility Study Report • Business Model • Project Report • Business Plan • Detailed Project Report

  2. Executive Summary and Analysis • Vending machines offer advantages like providing fresh products to customers, offer personalization by tracking individual preferences, cashless payment solutions, providing 24 hours availability of goods depending on location, eliminating face to face interaction, etc. • Installation of vending machines near the corporate centers, public places like railway stations, airports, bus stands, shopping malls would facilitate the retail sales of companies as well as facilitate the customers in buying daily items easily in a hassle-free manner. • A few of the trends witnessed in this industry include the integration of big data & IoT, Facial recognition technologies, growing demand for retrofitting, the cashless economy. Consumers directing healthy food options like vegan and gluten-free products. • As per MBP analysis, the global market for Vending Machine is valued to be $15.5 in the year 2020 and projected to grow at a CAGR of 16% year-on-year showing a good market potential.

  3. Competitive Advantage & Pre-requisite Pre-requisite Revenue Generation Business License Eternal Market 24*7 Service Land location 4 2 3 Competitive Advantages Required Technical Expert 5 1 Digitalization Market Potential Supply Chain and Logistics

  4. Market Dynamics Growth Drivers Opportunities • Making the products directly available to the customers. • Providing 24 hours availability of goods. • New opportunities in pharma, education sector. • Technological innovations, automation, & advancements in the industry. • Increased preference of cashless transactions and convenient buying options. Challenges Threat • Rising competition. • Theft and vandalism. • Finding prime location. • Maintenance of machine to keep it working smoothly.

  5. Financial Summary • Project – Vending Machine Business • Products– Beverages, Snacks, Fruits & Vegetables, Medicinal products, Beauty and Cosmetics, Clothing, Accessories, Electronics, Etc. • Initial Investment – 15 Lakhs INR (Approx.) • Capital Investment – 10 Lakhs INR (Approx.)

  6. Project Profile – Project Details Manpower Required Legal Requirements Product Portfolio Vending Machine Business Business & Industry Requirement Skilled Labor & Executives Products Employment Generation List Skilled Professional – XX Operations executives -X Marketing Executive – x (Sales & Marketing) Director – X (Admin, Operation, Marketing & Finance) • Beverages, • Snacks, • Fruits & Vegetables, • Medicinal products, • Beauty and Cosmetics, • Clothing, • Accessories, • Electronics, etc. PAN & TAN Shop Act GST Related License XXX XXX XXX XXX

  7. Start-up Budget and Operation Details Slide Title • Budget (INR) • Pre-operative Expenses – XX,00,000 • Fixed Capital – XX,00,00,000 • Working Capital ( X Month) – X,00,00,000 • Total Investment – XX,00,00,000 • Cost Per Unit – XX INR • Price Per Unit – XX INR • Profitability – XX % • BEP – XX Years • ROI – XX % Operation Details Operation – 1st Year – XX%, Second Year – XX% and 3rd Year – XXX% Working Days – X00 Per Annum Area Required – X sq. feet Power Requirement – XX – X00 Kw (x Phase)

  8. Recent News(Timeline) & MBP Analysis • Trinamool Congress MP from Jadavpur Mimi Chakraborty has helped set up a solar-powered sanitary napkin vending machine in a school at in Santoshpur (Kolkata), in a bid to benefit girl students. • Founded by PrernaKalra and Vidya Bhushan in April 2018, Daalchini essentially provides affordable, and healthy home-cooked food to professionals through its IoT-enabled physical and digital vending machines. • Personal care giant Dove has recently installed a sustainably-made vending machine in New York that takes old plastic bottles as payment for body wash, which comes in a 100% recycled plastic container. • Nagpur has got its first automated Panipuri vending machine that has been installed at Nagpur Chaupati after Ahmedabad and Bengaluru.

  9. Thank You For detailed reports and plans, Contact us on Following Details.

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