The Wall Street Journal published an article examining how a new generation of vending machines is stocking non-traditional products such as live bait, prescription drugs and art. To read the article, click here.
Editor’s Insight: This article has a dual focus: one on non-traditional vending machines and one on new technology being adapted by traditional vending machines. The article’s stronger focus is on non-traditional vending, such as live bait machines and prescription drugs.
The article accurately notes that traditional vending operators recognize the benefits of new technology but face a big challenge due to technology’s added cost. In the long term, non-traditional vending machines such as those described in this article have very limited growth potential while many if not most traditional vending machines will eventually adopt new vending technology. When more vending machines are capable of accepting cashless transactions, utilize remote machine monitoring and video touchscreens, the traditional vending business will prosper. 03-22-12 By Elliot Maras
