Success Stories
Increasing Volume in High-End Accounts
Experiencing little room for sales and volume growth with above-market vend prices? Cashless adds up where high vend prices exist.
"A cinema in the north east saw an increase in volume of 139% at a three dollar vend price after adding cashless vending."
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Retaining/Growing Existing Accounts
Losing your customers to the competition? Gain a competitive edge by adding credit/debit payment systems.
"When a large national vending operator was faced with losing a portion of their account at the premier theme park in Orlando to a strong competitor they knew they had to plan to combat additional attrition in the future."
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Winning New Accounts
Looking for a way to win contracts and wow customers? Intelligent Vending® provides operators with the crucial point of differentiation needed to win and retain accounts in an increasingly competitive market.
"A progressive, mid-sized operator won his bid for a major account in Utah against the largest vending operator in town, using cashless as his competitive advantage."
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Increasing Prices
Unsure of the effect raising prices will have on volume? Customer price sensitivity is greatly reduced with credit card payments, making prices less likely to negatively impact sales.
"With the credit/debit payment system in place, prices rose from $2.50 to $3.00 over the course of 12 months. The location saw a 78.9% increase in sales from the previous year, only 20% of which can be attributed to the price differential."
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Transforming Business
Machines always out of change? One study showed that 50% of consumers will walk away from a vending machine when the "use correct change" light is on.
"Credit card sales in the 4th quarter of 2004 averaged $323 per machine per month with top-performing machine doing $921 in the month of December."
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