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Vending Machine Operators in the US
IBISWorld, March 2009, Pages: 34
This industry comprises establishments primarily engaged in retailing merchandise through vending machines that they service. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Introduction
Revenue is all about convenience..
Vending machine sales sound appealing? Everyone wants a bite, being lured by low volatility and concentration, and low barriers for entry - although increasing; however, the number of quality high traffic locations are diminishing. Intensely competition oriented, its all about location and selection for this mature industry. Relatively labor intensive, changing technology also ensures capital intensity with enhanced credit and debit card payments, purchases via mobile phones and other cashless technologies emerging as consumers spending habits change.
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