Custom Vending Machines

Posts tagged ‘new vending machines’

Technology Experts Examine Vending Customer Interaction

As reported by Vending Times, Television sets no longer have dials on them,” said Dr. Michael L. Kasavana, Michigan State University (E. Lansing, MI). “And vending machines no longer require you to establish credit before making a selection.”

Kasavana, who is the National Automatic Merchandising Association endowed professor of hospitality business at MSU’s Eli Broad College of Business, moderated a panel session on “Enhancing Technology Performance” at the 2014 NAMA OneShow.

Dr. Kasavana, who became the NAMA endowed professor in 1999, recalled that he had coined the term “v-commerce” to describe the convergence of data processing and data communications on the emerging generation of vending equipment at the turn of the millennium. Today, he said, it’s time to replace that summary with the term “v-engineering” to describe the emergence of advanced self-service technology. The industry continues to change rapidly, he noted, affected by a profusion of alternate payment systems, digital media, touchscreens and network applications. Especially noteworthy has been the arrival of enhanced consumer interfaces that, among many benefits, can help in product marketing.

New-generation vending machines with touchscreen customer interfaces have some similarity to websites and, like them, will benefit from user-friendly layout. “The design of the display does affect sales,” the speaker emphasized. “Operators need to increase same-store sales, and part of doing that is converting those ‘touches’ into purchases.”

Effective design of the screen display can make it easier for patrons to find a desired product and the information about it that they want, he said. It also can encourage customers to take advantage of options like multiple purchases in a single transaction, or promotional incentives, to increase the size of the transaction. Interactive screens allow the development of a wide variety of customer incentives, giving operators access to merchandising tools that previously were confined to manual retail outlets.

Enabling consumers to use their smartphones and tablets to make payments also offers operators the opportunity to benefit from other capabilities of consumers’ wireless smart devices. Not only can contemporary mobile payment systems offer the convenience of use with debit and stored-value cards, but also the promotional power of loyalty and reward programs, “social vending” (gifting), and more.

For more information on this subject, visit: www.autoretail.com

 

Television sets no longer have dials on them,” said Dr. Michael L. Kasavana, Michigan State University (E. Lansing, MI). “And vending machines no longer require you to establish credit before making a selection.” Kasavana, who is the National Automatic Merchandising Association endowed professor of hospitality business at MSU’s Eli Broad College of Business, moderated a panel session on “Enhancing Technology Performance” at the 2014 NAMA OneShow. – See more at: http://www.vendingtimes.com/ME2/dirmod.asp?sid=EB79A487112B48A296B38C81345C8C7F&nm=Vending+Features&type=Publishing&mod=Publications%3A%3AArticle&mid=8F3A7027421841978F18BE895F87F791&tier=4&id=666B87101B13438EBF13ADB1611EC6CC#sthash.JEiA8h0E.dpuf

About AVT

AVT has been building vending machines and providing innovative solutions to the worldwide market for many years. As an industry leader, we offer a full line of customized vending solutions, loaded with all the latest features.Intelligent Dispensing Solutions AVT offers methods of integrating vending into today’s cashless society, with the industries most advanced equipment, reporting and support.

AVT’s custom-oriented approach both increases convenience for consumers and expands use of vending machines into new applications – including retail environments, tools, safety equipment, office supplies, school lunches, medical supplies, and more.

The ease in which vending machines can be tracked with either a computer or hand held device is astonishing. In today’s high speed information network, we connect all the dots to make a vending business, self service kiosk, or automated retail store more successful than ever before.

For more information, visit www.autoretail.com

AVT Develops Automated Store Entry Path For Companies Interested in Self-Service Retailing

AVT, Inc. (Ticker: AVTC.PK) (www.autoretail.com) has developed a unique method for companies and brands to enter the exciting world of Automated Stores. This dynamic market allows retailers and brands to open new distribution and sell products worldwide, with virtually no employees or overhead.

Automated Stores allow consumers to purchase a wide variety of products from a self-service system in locations that are either not served by a traditional store – such as an airport, casino or hotel; or are for use in-store to better promote a brand, control inventory, and eliminate the need for employee interaction.
There are hundreds of automated stores nationwide in high-traffic locations such as Macy’s department stores, shopping malls, supermarkets and airports, selling high revenue-generating items including such as Apple iPods™, Sony™ headphones; Canon™ digital cameras; fragrances like Glo by JLo and Kenneth Cole; Elizabeth Arden beauty products, cell phones and video games.

These automated stores can generate $3,000-$25,000/square foot, compared to the industry average of $300/square foot annually in a typical shopping mall.

Under the new program, AVT can quickly and cost-effectively design and develop a system that is completely customized to meet virtually any set of parameters. This allows owners of the system to place units into the field for pilot programs to test the system’s return on investment and effective on brand awareness.

AVT is able to offer such a program because they are one of the few companies in the world that designs, develops and manufactures turn-key automated stores, with an in-house team of software engineers, mechanical engineers, designers and technicians.

Automated Stores are now the fastest growing segment of the retailing industry because they reduce overhead and increase the number of products sold. According to a recent study, cosmetics were found to sell better at an automated store than at a typical cosmetics counter. When salaries were factored in, the automated store outperformed the employee-based model and provided a higher ROI by a factor of over 100-to-1.

“Our business is booming and we are in a position that we can help many companies get into automated retailing without the typical large development costs,” stated Shannon Illingworth, AVT founder. “Our unique structure allows us to work with retailers and brands to develop affordable, customized solutions that can achieve a wide variety of goals.”

For more information on AVT, please call 877.424.3663 or visit the website at www.autoretail.com.

 

 

About AVT:

AVT, Inc. is a leading developer of automated and self-service retailing systems. AVT is able to work with any size company to design a custom automated retailing solution that drives traffic, increases sales, improves security, and lowers overhead. With an in-house design team, software developers, mechanical engineers and on-site manufacturing, AVT can take projects from concept to completion with speed, economy and ingenuity.

AVT’s stock is traded through the OTC Markets, Ticker Symbol: AVTC:PK

For more information on AVT or the Automated Retailing Industry, visit www.autoretail.com

AVT Designs New Redemption System for Mountain Dew

AVT, Inc. (Ticker: AVTC.PK) (www.autoretail.com) recently completed the design and manufacturing of a unique, first of its kind, automated redemption system for Mountain Dew.

The system was developed for Mountain Dew for use at promotional events, and rewards customers when they place empty plastic soda bottles into the machine for eventual recycling. The system’s innovative design senses the empty bottle and then gives the customer a t-shirt made from 50% recycled plastic bottles and 50% organic cotton.

The Mountain Dew Automated Redemption System was developed by the combined efforts of AVT engineers, designers and programmers, who created a new way of looking at automated systems technology, and resulted in an innovative design that is customizable for specific locations and brand partnerships.

 

For more information on AVT and their innovative products and services, please call 877.424.3663 or visit the website at www.autoretail.com.

About AVT:

AVT, Inc. is a leading developer of automated and self-service retailing systems. AVT is able to work with any size company to design a custom automated retailing solution that drives traffic, increases sales, improves security, and lowers overhead. With an in-house design team, software developers, mechanical engineers and on-site manufacturing, AVT can take projects from concept to completion with speed, economy and ingenuity.

 

AVT’s stock is traded through the OTC Markets, Ticker Symbol: AVTC:PK

For more information on AVT or the Automated Retailing Industry, visit www.autoretail.com.

 

 

 


 [AD1]Insert date of distribution

Tag Cloud