Vending operators using Selfly Store's smart vending machines
Smart vending machines enhance sales for vending operators
In the traditional vending industry, the lack of real-time data, static product offerings, and mechanical malfunctions have hampered growth and profitability. Selfly Store revolutionizes this by enabling wide assortments and real-time inventory management. This means that product selection and replenishment are optimized remotely and based on data.
With average revenues of €1300-2800 per month and cabinet, and a basket size increase of 12% to €4,82 in 2024, Selfly Store significantly outperforms traditional vending machines.
With help of dynamic pricing and advertising, our cloud data shows that Selfly Store operators have increased their revenue per cabinet with 28%-52% (depending on month of comparison) between 2023-2024. The number of transaction during the same period increased with 35% per cabinet. Moreover, the number of purchases with multiple items is 27%.
Last but not least, the expiry date management feature in combination with discounting capabilities show that food waste can be reduced with up to 85% if used diligently in catering environments, and up to 70% in hospital environments.