Best software to boost your vending machine business in India

Hack for vending machine businesses in India: 

Utilise Vendekin’s vNetra, the best vending machine software to earn revenue margins as high as 35%.

How? 

We have elaborately discussed the challenges faced by vending machine operators and all the possible ways they can boost your vending machine business in 2023 to earn higher profits. 

So fasten your seat belt for this quick but informative tour!  

Challenges faced by Vending Machine Businesses in India

When it comes to business expansion and strategising, local vending machine owners often fall short of the right expertise and guidance. With this emerges multifold other challenges like:   

• Inability to identify the right vending machine location

• Lack of market and consumer data analytics 

• Absence of proper inventory management system 

• Poor vending machine maintenance 

• Unstructured transaction and refund model 

Vending machine businesses can cover the vending machine price in India and focus on formulating a workable business strategy only after overcoming them. 

The quickest solution? Investing in the top vending machine software. 

How vending machine software helps you increase revenue

Vending machine software can help increase revenue in several ways. We have summed up a few below: 

Handy analytical data 

The information collected by vending machines software can be used to identify the hero products, what kind of discounts and promotional offers attract most end-consumers and even indicate the upcoming trends as per consumer behaviour. 

Smart alerts and notifications

Vending machine technologies can help business owners manage their machines more efficiently with push notifications and also informs when the machine requires inventory refilling, maintenance check or any other thing.

Digitalise payments 

The world is on the web and so are the current payment methods. With modern vending machine technologies like the RetroBox by Vendekin, every vending machine business in India can digitise their vending machines in no time. This quickens the payment process and provides seamless transactions. 

Optimised location and product mix

Data allows you to make the best of vending machine prices in India! With the right data about the most profitable locations and product mix, you can optimise your business and boost its profit. 

Enhanced consumer service

Finally, with vending machine technology you can improve the customer experience with quick and cashless payment models, instant commerce and immersive retail. 

Key features of Vendekin’s vending machine software: vNetra 

What makes vNetra the best vending machine software in India to boost your business? We have a whole list for it: 

• One touch business insight

• Efficient supply chain management 

• Guided operator app

• Interoperable with ERPs, CRMs & other software

• Live inventory check

• Automated push alters 

• Remote management 

• Create promotions

• Seamless refunds

• Download CSV reports

• Descriptive, Prescriptive and Predictive analytics

• Etc

Success stories of Vendekin’s vending machine software 

With 3,000+ smart vending machines across the globe, Vendekin’s clientele includes names like Godrej, Nestle, Cantaloupe, Naturals Ice cream etc. Here are insights from our project with Naturals Ice Cream: 

Firstly, the frozen vending machine acted as an additional sales outlet during and after business hours. Moreover, the machines were stocked with larger packs of ice creams (eg: tub) making higher sales on premium packs.

Secondly, by providing quick and seamless digital transactions and refunds the machines created a positive brand image and increased customer acquisition. 

Thirdly, having a vending machine cost them 1/10th of launching a new store, saving on the cost of extra employees and store management. 

Topping all was ‘convenience’ that appealed to contemporary consumers resulting in return business. 

That is just an example from Vendekin’s multiple success stories, showing how the best vending machine software can help business owners increase revenue and improve their bottom line.