Published • 24 Sep 2024
When it comes to placing vending machines, micro markets, or smart stores, most unattended retail operators stick to tried-and-true spots like offices, manufacturing facilities, and schools. But what if you could find new opportunities in underutilized spaces that offer just as much—if not more—profit potential? Here are seven locations you might be overlooking and could unlock hidden revenue streams.
1. Airports
Airports are packed with travelers looking for quick, convenient snacks between flights. With long waits, delayed departures, and crowded dining options, smart vending machines can offer fast access to affordable refreshments. Strategically placed near gates or baggage claim, these machines cater to a diverse crowd of busy travelers.
2. Hotels
Hotel lobbies and lounges are prime areas for vending machines, smart stores, or micro markets. Guests, especially those arriving late or looking for a quick snack, often prefer convenient access to refreshments without leaving the premises. With travel patterns returning to pre-pandemic levels, placing smart vending solutions in hotels helps cater to a growing number of guests and can enhance their experience by offering more than traditional mini bars. The key is a well-curated product selection that appeals to travelers, including essentials like toiletries, snacks, and beverages.
3. Public Transportation Hubs
Train stations, bus depots, and airports are high-traffic locations where people are often in transit and looking for fast, convenient food or drink options. Smart vending machines in these spaces cater to commuters and tourists who might not have the time to sit down at a restaurant or wait in long lines. With modern technology, you can offer everything from fresh sandwiches to bottled water and snacks, maximizing sales during peak travel hours.
4. Co-working Spaces
Co-working spaces remain a popular option for freelancers, small teams, and hybrid workers. These flexible environments are often busy with people seeking quick, convenient food options without leaving the workspace. A vending machine or micro market stocked with energy-boosting snacks like protein bars, smoothies, and salads can meet this demand, providing a seamless solution for busy professionals. For operators, co-working spaces offer a steady stream of potential customers and an easy way to generate additional revenue.
5. Convention Centers
Convention centers are bustling venues that host events with large crowds, creating a great opportunity for self-service solutions. Attendees often need quick, grab-and-go options between sessions, especially when food choices are limited. Smart vending machines can offer a range of products, from snacks to more substantial items, catering to different event types.
6. Car Dealerships
Car dealerships are an untapped market for smart stores, micro markets, or vending machines. Customers often have significant downtime during test drives, service appointments, or during the sales process. A smart cabinet or smart cooler in the waiting area offers a simple way to improve the customer experience, providing convenient snacks and drinks while they wait. For staff, micro markets in breakrooms add value, offering quick access to refreshments throughout the day.
7. Libraries & Community Centers
Libraries and community centers are high-traffic spaces where visitors spend extended periods. In modern days, they have become a community hub and are often a reliable source for convenient food options in underserved communities. Offering smart stores stocked with beverages, healthy snacks, convenient meal options, or even study supplies like notebooks and pens could be an unexpected hit. The audience here is diverse, ranging from students to retirees, meaning a wide variety of products can be successful. Plus, these locations often have few nearby food options, making them perfect for smart vending technology.
You and 365, A Winning Combination
365 Retail Markets equips operators with the technology to thrive in underserved locations. With our advanced unattended retail solutions, you can mix and match hardware solutions, monitor sales, and tailor your product offerings to fit the unique needs of each audience, no matter the location. By keeping up with demand and preferences, our micro market, smart stores, and vending technology ensures your customers always have access to the right products when they need them most.
Interested in learning how our technology can help you grow in new locations? Reach out to our team using the form below to get started.