INTERNATIONAL SPECIALIZED EXHIBITION
RUSRUS / ENGENG
Terminals Kiosks Vending
MARCH 16-18, 2010 KYIV, IEC
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VENDING BUSINESS

Vending BUSINESS

Vending is the English word which has entered into Russian designating sale of products and drinks through trading automatic machines. Vend – (from lat. vendere – to sell). Vending – to trade, sell (at retail). The word is used for a designation of retail trade, mainly by means of street dealers. As the sold goods various production, basically not so big in volume and size – cigarettes, drinks, magazines, sweets and so forth can be used.




In a wide sense – vending is a sphere of retail trade where trading automatic machines and sales are carried out without participation of a person. The trading automatic machine, vending machine is a device on sale of goods and services in an automatic mode.

Vending-business is enterprise activity with trading automatic machines, mainly the business directed on construction and development of a network of trading automatic machines to increase sales of any fillers.

Vending-business in wide understanding is arrangement of automatic machines by businessmen, and delivery of fillers for automatic machines, both equipment repair, and rendering of services in business development.

The first trading automatic machines appeared in temples of Ancient Egypt more than 2000 years ago. They sold holy water at lowering coins in automatic machines. "Vending-business was put “on the conveyor” by Americans – in 1888 in the USA the automatic machine on cud sale was patented. Fresher examples of vending are automatic machines memorable to all Soviet people on sale of aerated water, newspapers and payphones for 2 kopecks. In Europe it were Germans who estimated Vending more than others, and in Asia – Japanese and Koreans.

Today vending – one of the most progressive and dynamically developing ways of trade. Annual growth of volumes of vending-business approximately for 10 % is the universal tendency.

The aspiration to make retail trade universal, round-the-clock and not dependent on mood of a seller, has led to occurrence of the diversified trading automatic machines.

Today not only cigarettes, Internet cards or drinks are on sale through automatic machines, but also, for example, fresh air (in Japan) and disposable umbrellas at stops (in England).

Vending has set of directions. Automatic machines on preparation and sale of hot drinks became the most popular and profitable trading automatic machines all over the world: various kinds of coffee and tea, hot chocolate, broths.

Vending has excellent prospects. All history of development of business shows that vending is the future of retail trade and retail services. The domestic market of vending services also constantly grows. Certainly, our country develops in this sphere slightly more slowly, than foreign states, but just in it the prospect of the given business is: constant development, a permanent job, constant profit.

On materials of www.e-vending.ru, www.homeidea.ru

 

News

Friday, 25 December 2009 11:32
Food Information on Consumer Proposal
A proposal for a European regulation to inform consumers on the food they eat or drink is being discussed in Brussels.
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Friday, 25 December 2009 11:31
24/7 Blog and The Vending Group in LinkedIn
The European Vending Association wishes to get up close to the industry players. For this purpose, the
Association has created “The 24/7 Blog” (www.vendingeurope.eu/en/blog.html) and a LinkedIn group, “The Vending Group” (www.linkedin.com).
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Friday, 25 December 2009 11:30
The EVA’s 2009 AGM and event of the year: Workshop on: “The Image of Vending”
The European Vending Association was pleased to have successfully delivered, what it considers the most influential event for the vending industry in 2009. The AGM and the round-table discussions that ensued brought together top managers from the main companies and National Associations, representing the vending industry in Europe and abroad. The workshop gave much needed impetus to a dynamic industry ready to re-look and re-position itself in the world of automated trade.
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