TECHGuru

  Retrofitting of Fully Automatic Vending Machines - A Win-Win Strategy The fully automatic vending machines market is projected to record volume sales of  ~4.1 million units in 2019 , and automation in the retail landscape will act as a driving force influencing its growth. The retrofitting of vending machines has been one of the significant trends gaining momentum in this landscape. Since vending machines can be associated with impulse purchase behaviors, places such as airports, bus depots, and railway stations make ideal spots for the installation of these machines. Though fully automatic vending machines are a one-time investment, end users tend to hesitate when it comes to making investments towards the purchase of the latest vending machines. Since withdrawal from the purchase of new machines impacts market revenue, market players offer retrofitting options to end users that help them leverage cost-saving benefits through the installation of the latest softwa...