Which is more viable for a vending machine? Hotels or airports?
When it comes to a vending machine, profitability depends not just on what your inventory is, but your placement of the machine. Said inventory has to be placed in an area where the people who encounter it are the type of people who would even want it, of course. It also has to be placed in an area was sufficient traffic, and the price has to be right for the type of traffic moving through the area. This leads to an age-old question vending machine operators have always asked: hotel vending machine or airport vending machine? Ideally, profitability will be maximized by engaging with both of these channels, but that just may not be an option, depending on your area. Also, it is worth noting, that while airports are far bigger than most hotels, the established proliferation of vending machines means that the competition for space in attention is a lot higher there. But, I’m getting ahead of myself by talking about that part just now. First, let’s discuss a little bit about exactly...