Sunday, November 2, 2008

Vending Machines - Make Money While You Sleep

A frequently overlooked way to make money. The Momentex business plan caused me to think a little more broadly about the vending machine industry.

The Japanese have some of the most innovative vending machines in the world. I like the parking garage machine. Images of Japanese vending machines.

Vendors of vending machines

Vending Machines Unlimited
UsedVending.com
1-800-Vending (includes a primer on what to consider before going into the business
VendWeb.com (with offerings for the "desktop" machine domain)

Trivia!
The earliest recorded "vending machine" was in 215 B.C. when the mathematician Hero described and illustrated a number of inventions conceived by himself and his teacher, Tesibius, in a book called Pneumatika. Included in the book was the plan for a completely automatic, coin-operated machine that dispensed a small amount of sacrificial water when a five-drachma coin was deposited. It is unlikely that the machine was used on a large scale, and there is no evidence to suggest that anything was sold automatically again for centuries (Source: Business and Company Resource Center).

Read more at Galenet about the industry (you may be prompted for your library username and password).

No comments: