Identifying further sales opportunities through innovative strategies is likely to help drive the channel forwards over the forecast period. A new type of vending machine which can be rented can be used in a similar manner to a pop-up store, where products are provided for a limited period.
One of the major challenges that vending players face is the dramatic change to the workforce in Japan. It can be difficult for employees to quickly fill up machines in busy areas, especially during hot summers when demand for cold beverages rapidly increases.
Vending machines are increasingly shifting to digital solutions to reduce manned operations and the burden of maintenance. Kirin Beverage has been gradually introducing an online system which uses dedicated communication mobile devices installed in vending machines to monitor inventory status in a timely manner.
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Vending (automatic merchandising) is the sale of products at an unattended point of sale through a machine operated by introducing coins, bank notes, payment cards, tokens or other means of cashless payment. Sales figures cover vended products only (i.e. food, drink and other consumable goods such as vended tobacco, sanitary products and condoms). Services such as the public telephone, launderette facilities, travel tickets, stamps, passport photographs, domestic energy supplies and business card creation are excluded. Coverage includes vending systems installed in public and semi-captive environments only. Hotels, transport networks, recreational centres, shopping centres/malls are included. Factories, offices, hospitals, prisons, schools and other captive environments are excluded.See All of Our Definitions
This report originates from Passport, our Vending research and analysis database.
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