Vending Machines Give Business Extra Income
As defined by the dictionary a vending machine is an, "electronic coin operated machine used to disperse a product to a consumer.”
A vending machine can give a business owner extra income without cost.
Most vending companies do not charge for placing machines in a business.
A vending machine must first be stocked with the products it will dispense to consumers.
These products are often supplied and stocked by the vending machine supplier, who buys the products wholesale and then sells the product at a retail price.
A vending machine has specialized keys to access the inside.
To ensure the machine is properly loaded and ready to dispense, the machine needs to be tested.
Select one or several products and use both coin and notes to pay for the items.
Vending machines measure coins and read notes.
Each machine differs slightly, but in general, it identifies each coin with an electromagnetic field which measures thickness and diameter.
Dollar notes are scanned with a laser, which transmits to a small computer that deciphers each denomination.
It then calculates a balance and allows the consumer to make a choice of product.
Once the consumer chooses the item, electronic signals are relayed to a motor through an electronic console board which turns the spiral dispenser of the selected product.
Vending machine providers generally do not allow the business owner access to the money collection vault and reserve access to approved vending machine mechanics.
These providers visit on a weekly, fortnightly or monthly basis, depending on the amount of traffic the machine is receiving and how often it needs restocking.
The vending machine mechanic inspects the inside and outside of the machine for damage and regular maintenance.
Once the money is collected and reconciled with the transaction log, the provider splits the proceeds from the sales with the business owner.