Coinstar franchises do not really exist. It was the brainchild of a college student who had an idea … to create a machine that turned loose change into cash. 18,900 kiosks later, you can find them in supermarkets, banks, drug stores, convenience stores and restaurants.

Automated Retail

Coinstar, Red Box, and other consumer convenient self-service, the new wave of old products; Vending. Just a side note, Red Box is a subsidiary with revenues in excess of $ 800,000 per year. Vending can and lucrative franchise, the reward to have a successful vending business is product placement. Schools, small businesses, parks, and general foot traffic area where people mainly come together.

Future Vending

Big Business such as NCR (National Cash Register), Diebold and Coinstar are creating innovative niches within consumer auto market, ATMs, DVD, games, Ticketing kiosk is, and healthcare market with patients kiosk self-registration. Even Best Buy are vending machines in some airports showcasing hand-held personal digital devices, MP3 players, iPod etc catering to impulse buys of international travel. These niches have proved highly profitable and competing hard to capture market share.

Bottom Line- Is Vending Profitable for the little guy

answer is a resounding yes. There will always be ready to eat vending market seek out the products they crave. The vending business is a low-cost semi-low maintenance franchise to enter. The biggest secret to your longevity in vending is positioning and marketing.

Coinstar use of the best places on the market by targeting companies where people shop every day. Get the best places is the key to generating traffic to vending franchise and the ability to market yourself effectively. By applying a simple online marketing strategies, prime locations tickets will seek you out to show vending products.