What is Smart Vending Machine

Smart Vending Machine is vending machine that encapsulates the application and integration of multimedia interactivity, cash and cashless payment, digital signage, video analytics, telemetry and cloud-based remote manageability as well as other emerging technology with the objectives to enhance the user experience of the vending machines and the effectiveness of the operation from the perspective of the vending operators. The vending operators always seeks to improve the effectiveness of their operation with their vending machines with the end in mind of lowering their operation cost thus increasing their profitability.

Smart vending machine provides the users with great interactive user experience and flexible choices of payment methods. Smart vending machine has also made it possible for vending machine selling not just drinks and snacks, but many more different products, including but not limited to higher-value merchandises like electronic gadgets, ready-to-eat meals, nutritional food, healthcare products, gifts and so on. It allows the consumers to clearly understand the information of these products from the touch displays of the smart vending machines, such as the product specifications, nutrition facts and even the product demo video before they made their purchase.

The trend of the retail business is going unattended, automatic and self-service direction. With the availability of Smart Vending Machine, vending operation should be no longer regarded as selling merchandises on automated cabinets that accept money and dispense products automatically. There are more to be offered and more to be made from the same estate through digital advertising and other value-added services. The possibilities and opportunities are great and beyond limitation.

Recent years has witnessed the unprecedented vast leap in vending industry in terms of technology deployment and improvement. Smart Vending Machine is becoming the golden standard of vending machines.