Independent distributors recognize the value of incorporating non-retail vending as a strategy for growth. That said, many have faced challenges gaining market share in industrial vending, especially when competing against […]
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1sourcevend distributor J Supply had been reluctant to offer vending solutions to their customers – partly out of fear. Many distributors feel the same way. But the benefits of vending far outweigh the risks. Incorporating vending into your plan for 2019 will help you stay ahead of the competition.
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When we met with J Supply, they were attracted to the ease of use and affordability of our vending machines. They quickly signed on to implement our standard helix coil vending machines at a customer’s location. J Supply Sales Team Leader David Woodard says: “Working with 1sourcevend has assured me that there’s nothing to be afraid of, and I was very afraid of vending.”
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Vending machines can help businesses gain control of inventory and are being used in the manufacturing, medical, dental, veterinary, fleet maintenance and food and beverage industries just to name a few.
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Are you missing out on the full potential of vending’s value to your business? Today’s distributors need to see vending machines as a value-added service, not just another way to […]
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The industrial vending market is expected to reach $1.4 billion by 2025. Despite its growing popularity, though, industrial vending is still in its infancy. Even the distributors that are most […]
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It costs five times more to attract a new customer than to keep an existing one. And increasing customer retention rates by just 5 percent can increase profits by anywhere […]
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For distributors that take the time to structure a new vending program for guaranteed ROI, offering a free vending machine to customers can be a powerful selling tool, helping sales […]
Read MoreIn “How to Calculate Vending ROI,” 1sourcevend Founder Mark Hill highlights Fastenal’s struggle to maintain the profitability of its vending program and outlines the potential costs and returns distributors should consider before providing vending capabilities to their customers.
Read MoreYou may not have the resources to offer free two-day shipping to your customers, and you may not have the in-house e-commerce capabilities to offer automatic ordering. But you can give your customers immediate product access and better inventory control by offering them a VMI-powered vending machine.
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