Up until recent years the only vending machines throughout Atlanta that would accept a $20 bank note was a change machine. You fed your bill into the machine and then enough quarters spit out to make you think you had hit Triple 7’s at a jackpot in Las Vegas. Similarly the only talk of recycling involved separating aluminum, plastic and paper.
Today $20 bills and recycling are being discussed in the same conversation along with meeting the needs of vending machine patrons.
In August 2011 Chuck Reed, the marketing direction for MEI, one of the world’s leading manufacturers of electronic bill acceptors, shared some statistics on currency carrying habits; they were as follows:
- 80% of consumers carry $1 in bills/coins
- 50% of consumers carry $3 in bills/coins
- 60% of consumers carry a $5 note
- 40% of consumers carry a $10 note
- 65% of consumers carry a $20 note
What does this mean for your vending service in Atlanta? Often times when a customer (maybe your employee) wants to make a purchase from a vending machine, they can’t because their bank note is too high (average machines either accept exact change or offer change in coins for $1 or $5 bills).
That was until recent years when bill recyclers were introduced to the vending market. Bill recyclers allows vending machine customers throughout Atlanta to pay with higher denomination bank notes and receive change in bank notes, not just coins.
AKA if you want a granola bar but only have a $10 bill, now you can receive change that can fit in your wallet and not a bucket!
For more information on bill recyclers contact Eagle Vending at (770) 426-1969, Atlanta’s most trusted vending company and see if your machines meet the necessary requirements to have them installed.
2012 introduced the ipad3, the ipad mini, iphone5, the world’s slimmest digital camera, designer 3D glasses, laptops that can flip to notebooks and security systems that can be controlled remotely thru smart phones. As exciting as these things are they don’t even begin to comprise the entire tip of the iceberg of technological advancements that made up 2012.
You may wonder why a blog on technology has made a guest appearance a vending blog but the truth is just as one man’s step on the moon was a step for all mankind, advancement for MAC (or any other software/technology company) has been advancement for all, including vending companies throughout Atlanta. As technology becomes more and more prominent in today’s world, vending refuses to be left behind. Take a look at a few of the major advancements made in the worlds of technology and vending in 2012:
- Payment Options – Credit/Debit card readers and bill recyclers now make it possible for people to purchase a snack/beverage without digging thru their office desk for spare change. With larger bills being accepted and the endless funds that come with credit, customers can now make multiple selectionss on one transaction. And now that change is no longer a constraint, Atlanta vending companies can also offer higher end products that may have been too costly before.
- Telemetry – With the use of WIFI/remote monitoring Atlanta vending companies can know exactly what has sold and what needs replenished at each of their locations. The benefits: your vending machines are always filled with the products you love while your Atlanta vending service sends out more efficient routes as man time and gas costs are lowered.
- Touchscreens – Allow consumers to view nutrition facts before making a purchase, sometimes offering a 3D view of the product. In addition to aiding in educated purchasing decisions, touchscreens are also creating a more interactive experience between consumer and machine where customers can engage with other customers and even gift purchases to friends.
- Social Media – Now you can use your phone for so much more than placing a service call including, purchasing product, gifting products, checking nutrition facts and sharing your experience on social networks like Facebook, Yelp, and Twitter.
These are just a few of the technological advancements made in the vending industry throughout Atlanta and beyond, not to mention (due to space) things like warehouse advancements such as Lightspeed picking systems that aid in pre-kitting. But it’s enough to show that technology is not a guest in the vending world but a permanent resident. If you have any questions about the items listed above, contact Eagle Vending at (770) 426-1969, your leading Atlanta Vending Service and see what advances they have made to making your vending experience the best.
For more information on the technological advancements made in the vending industry in 2012 visit www.vendingtimes.com and look up the article “A New Day A New Year,” the original article where these advancements were first noted.