Custom Vending Machines

Posts tagged ‘vending machines’

CNN Reports on the 8 Coolest Vending Machines in the World

AVT (ticker: AVTC). a leader in custom vending machines and automated retailing systems is leading one of the fastest growing sectors in the nation’s economy. Automated Retailing is the new way companies of all sizes are expanding their reach, engaging their customers, and enhancing their brand.

CNN recently published a piece titled, “The 8 Vending Machines Your Didn’t Know You Needed.” The piece highlighted ingenious, innovative and interesting custom vending systems from around the world. Almost half the systems profiled in the article were developed and built by AVT.

AVT creates self-service retail environments that attract attention and generate sales. The company also has one of the few pure business opportunities in the market, which allows entrepreneurs of all kinds to enter into the dynamic $1.1 trillion automated retailing industry.

The company has developed some of the most innovative systems in the world, including award-winning automated platforms for companies that include Medbox, Walmart, Blue Rhino, Cupcakes, Rug Doctor, and many more.

“We are pleased that once again, our systems are gaining international attention and acclaim,” said Shannon Illingworth, Founder and Chairman of AVT. “We specialize in creating customized systems that not only meet the needs of our customers, but do so in an often ground-breaking manner, taking our clients and the industry as a whole, to an entirely new level.”

For more information on AVT, call (877) 424-3663, or visit: www.autoretail.com.

For more information on AVT’s Business Opportunities, visit: http://autoretail.com/opportunities

Connect with AVT on Facebook, at: facebook.com/AVTInc

Follow AVT on Twitter, at: twitter.com/AVTIncCA

Read the article in CNN, at: http://www.cnn.com/2014/06/22/travel/odd-vending-machines/

 

 

ABOUT AVT, Inc:

AVT is a publicly traded company (ticker: AVTC), with a 15-year track record of success and innovation. AVT provides custom solutions to companies seeking an automated platform to increase sales, expand distribution, control lift, lower overhead, and enhance brand awareness. For more information, call (877) 424-3663, or visit: www.autoretail.com.

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

AVT Granted Patent on Important Technology

AVT was recently granted a patent from the U.S. Patent Office. The patent was discussed in a front page story in Vending Times, the leading trade publication for the vending, kiosk, and automated retailing industries.

The article stated that AVT’s new patent covers any system that is managing multiple machines wirelessly. The patent will allow the company to license their technology to other manufacturers and users, many of whom are already using similar systems that may be infringing upon AVT’s technology.

The patent contains 19 separate claims that include items such as the use of touchscreen interfaces for item selections, information, and payments in conjunction with wireless management.

The patent is seen as a game changer in the industry due to the enormous size of the user base, and it catapults AVT to the top of the field as many vending manufacturers and operators will now have to work out licensing arrangements to continue using this technology .

 

To view the Vending Times article, visit: http://www.vendingtimes.com/ME2/dirmod.asp?sid=EB79A487112B48A296B38C81345C8C7F&nm=Vending+Features&type=Publishing&mod=Publications%3A%3AArticle&mid=8F3A7027421841978F18BE895F87F791&tier=4&id=BBF1C2C7FB5B4474BA65013DBC1E704F

 

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

 

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