“Should I rent or buy a custom vending machine?” by Jeff Thibodeau, VP Operations

custom vending machine

By Jeff Thibodeau, VP Operations

Throughout the years, many potential customers have come to us and always think that when they hear the term custom vending machine, or custom built vending machine, that it automatically means it is something they will have to make a large financial commitment to make happen. They always assume that they can only purchase the machine. However, there are more options available. The options available will vary, but we will focus on renting a custom built vending machine for this purpose.

The benefits of renting a custom vending machine are many. This is such a new concept for almost every company we do business with. There are very few proven automated retail vending concepts that have been in the field in the past, so almost no one wants to be the guinea pig within their market.

We always encourage customers that, if you are on the fence, don’t have the funds to make a large financial commitment, or simply want to test the concept prior to going all in, renting is a viable option. Renting a custom built vending machine allows you to get your machine into the field at a much lower cost and, in the end, if it doesn’t do as well as expected, you simply return to the machine to Innovative Vending Solutions when the rental period is over.

The custom vending machine rental program that IVS offers includes the same peripherals that a purchase would, which includes the custom vinyl graphic wrap, the touchscreen of varying size, custom graphical user interface for the touchscreen, and custom product configuration and testing.

One of the main benefits that a custom vending machine rental through Innovative Vending Solutions provides is a low-cost way to get a digital vending machine into the market without the large up-front overhead or long-term commitment of an initial purchase. If the rental proves to go well, the IVS customer then has a few options: They can either extend the rental for a longer duration, they can put a percentage of the rental rate towards the purchase price of the machine, or they can return the machine to IVS for a credit towards a specific machine they wanted to move forward with after the initial test.

Don’t hesitate to reach out with any questions you may have when it comes to custom rentals or purchases, IVS is always readily available to offer a helping hand.