Vending Machine Franchise for Sale in India

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Vending Machine Franchise for Sale in India

• Firstly, you need to know what vending machines
  are and how they work. This is an automatic
  machine which dispenses products like snacks,
  cold drinks, energy drinks and more usually at
  high volume locations such as train stations or
  airports. These vending machines are designed to
  eliminate the need to wait in line for purchases
  and allow you to make purchases at any time of
  the day.

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INDIA VENDING MACHINE MARKET SIZE AND FORECAST

• The Indian vending machine market is projected
  to register a CAGR of 21 from 2014-2019. There
  are many factors which will drive this market. We
  have listed out some of them below
• Vendors entering into tie-ups with existing
  retail chains for selling their products through
  vending machines will propel the growth of this
  market. For instance, Coca Cola has tied up with
  Reliance Retail for selling its beverages in
  about 1,000 stores through vending machines which
  will be installed by year end.

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• On the other hand, most of the major vendors of
  these machines have come up with innovative
  machines that can be used just like a mobile
  phone and allow customers to pay through
  different modes such as credit/debit cards and
  mobile wallets. As a result, many franchisees are
  opting to go for this type of machine in their
  outlets.

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DEMAND FOR VENDING MACHINE IN INDIA

• India has a growing preference for snacks and
  cold drinks which is one of the most important
  factors that will drive growth of the Indian
  vending machine market. It is expected that India
  will have the largest number of vending machines
  in the world by the end of 2017 as compared to
  any other country in the world. The vending
  machine industry currently employs more than
  50,000 people and is predicted to employ more
  than 200,000 people by 2020.

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BENEFITS OF VENDING MACHINE

• It is a cost-effective way for retailers to
  offer their products to customers.
• Vending machines can help reduce errors and may
  not require sanitation as compared to other
  methods of selling.
• It attracts new customers because vending
  machines are easy to use, unlike cash registers.
• Some brands have used their vending machines in
  malls, railway stations and even on the street.

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• Grubox.in offers wide range of snacks and drinks
  for vending machine. Vending machines are the
  modern way to sell products and the vending
  machine industry in India has been experiencing
  tremendous growth over the past few years.
• With the increasing technology and advancement
  of vending machines, there has been an increase
  in revenue through these machines, which is why
  most restaurant brands are opting for these
  machines. They provide immediate service and have
  been a great way to engage customers through
  added value services. Franchisors have also
  incorporated this into their franchises as a
  means of service delivery, which has only raised
  the bar even further.
• For more information please visit our website
  https//www.grubox.in/

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