Planet Antares Vending Business Innovations
Other recent innovations include improved coin and bill validation and the rapid adoption of sense-and-feedback systems that verify the fact that a vend sale took place. This kind of innovation has improved the state of the vending business.
Talking about innovations, one very important innovation that we must discuss is that of telemetry. Reliable, affordable wireless technology has made this practical and provided the means through which cashless payments can be authenticated. According to research studies, 50% consumers will not make a purchase from a vending machine if there is an “exact change only” sign.
Planet Antares vending machines are equipped with telemetry so that sales and inventory data can be transmitted to a route truck in the parking lot. This will help the driver to know exactly which products to bring in for refilling the vending machines. He data can be transmitted to remote headquarters for use in scheduling a route stop, determining component failure or verifying collection information. One of the most significant developments in vending technology since the invention of the bill changer is that of telemetry.
Today, the customers want quick and convenient access to competitively priced products. This is why technology has played a significant role in providing consumers with the kind of service that they would expect. Vending is a multi-billion dollar industry that is growing at a rapid pace. Snack, beverage, candy and food products remain the most lucrative and stable business in the vending market. Technology has allowed customers to gain convenient access to Planet Antares vending machines.
Modern vending machines are equipped with spirals so that they can hold products near the access door at the bottom. When an item has been purchased, it has to pass through a laser beam. If it fails to do so, the spirals will turn three times to ensure that the product drops. If it still doesn’t drop, the customer will be asked to make another selection or the money will be returned to them.
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