The Future Development of Automatic Vending Machines
With the emerging of the Internet and the increasing consumers' requirements for shopping convenience, China's retail landscape is undergoing profound changes. For FMCG (fast-moving consumer goods), in addition to BHG Market Places and convenience stores, automatic vending machines are opening another window for enterprises with its convenience and 24-hour service. The start of China's automatic vending machine channel can be traced back to 1994 when Japan's Suntory Company took the lead in introducing automatic vending machines to China. Since about 2000, automatic vending machine channel had entered the groping and market introduction period. Since 2013, the automatic vending machine channel had presented an explosive development after more than ten years of exploration and imitation. Gradually, the independent R&D and innovation systems of domestic automatic vending machines had formed. In 2013, mobile payment technology was introduced for automatic vend...