How do you make money with vending machines

Author: Negodnev Date of post: 30.06.2017

A bank of vending machines outside of a rest stop in Japan.

After spending two weeks in Tokyo, one aspect of the city continued to strike me after I returned: The proliferation of vending machines is impossible to ignore. They are on nearly every block in Tokyo — down alleyways, in front of convenience stores, in areas both residential and commercial. At slightly over 5 million nationwide, Japan has the highest density of vending machines worldwide.

There is approximately 1 vending machine per every 23 peopleaccording to the Japan Vending Machine Manufacturers Association. And they are marked by an incredible variety. The machines sell any number of types of soft drinks, coffee, tea, cigarettes, candy, soup, hot food, and even sake and beer. The pervasiveness and variety of Japan's vending machines isn't an unexplored topic.

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Among the first results on a Google search for "Japan vending machines": What interested me, however, was what the vending machines say about Japan's unique culture. An obvious answer stuck out: Japanese people, and Tokyoites in particular, work a lot and therefore value convenience. But so do New Yorkers, as well as any other number of city-dwellers, and still vending machines are not nearly as popular.

McEachern, an economics professor at the University of Connecticut.

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Vending machines need how do you make money with vending machines a periodic visit from the operator to replenish the supplies and empty the cash," wrote Parry.

The population density has unsurprisingly led to high real estate prices for decadesforcing city-dwellers to live in apartments that would make New York apartments feel spacious.

According to a United Nations crime report, Japan ranks as having one of the ferris bueller stock market robbery rates in the world. In Japan, street-side units are the norm. It doesn't hurt that many vending machines have cameras installed and a direct line to police if any irregularities are reported, like a machine being pried open, according to The Japan Times.

In the US, I use debit and credit cards for almost every purchase besides visiting hole-in-the-wall cash-only restaurants. The practical effect of this is that you can you make money selling diaper cakes always carrying around a considerable amount of cash, and not just paper bills, but coins.

Why big data can make HR more important. You are using an outdated version of Internet Explorer. For security reasons you should upgrade your browser. Please go to Windows Updates and install the latest version. Trending Tech Finance Politics Strategy Lifestyle Sports Video All. You have successfully emailed the post. Japan's vending machines tell you a lot about the country's culture.

So why are they ubiquitous?

how do you make money with vending machines

Sociologists and economists have offered a few potential answers. The cost of labor. High population density and expensive real estate. A lack of crime.

A fascination with automation. Japan has a unique culture.

how do you make money with vending machines

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how do you make money with vending machines

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