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.
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