Need a vending machine?
Hire your first full time automated worker - a vending machine
Vending machines have become smart and computerised and now are great retail solutions for:
- augmenting manpower during peak-periods: so if your staff can't cope with the rush hour load, site some vending machines so you have more sales points
- great for expanding retail options: so if your main business is services and you'd like to grow your retail offerings, vending machines are a great way to start
- automating existing retail. Managing inventory: making sure merchandise is visible and ensuring sales happens is a whole retail chain. Do you need some automation so your staff can focus on other parts of your business? Flipping your fridge or that counter stock into a vending machine might be a good change!
- expanding your retail hours to 24 hours / 7 days a week: With a vending machine, you can increase the availability of your products to your customers exponentially. So if your exterior is open to the public, you can retail 24/7. New customers can discover you and regular customers can rely on your product availability always.
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be directional signage that sends people to your business: your place of business might not be strategically located at the most convenient of places, so using vending machines to sign post the way to you while they earn you money is a great asset and not a constant marketing cost drain.
- be a micro-retail offering to test customer reception in a new location: expanding is tricky! Place a vending machine in a new location to see if there's good enough retail sales to warrant a pop-up or a bigger footprint for your business. Expand with steady sales data so your investment is based off sound customer feedback.
Why is now the right time to get a vending machine?
Adding a vending machine to your business is a strategic decision that offers significant benefits, especially in today's dynamic business environment. Here are a few key justifications for making the investment now:
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Increased Revenue and Profitability: Vending machines provide a passive income stream with minimal effort. By offering a convenient and accessible way for employees and customers to purchase snacks, drinks, and other goods, you can generate additional revenue without the overhead of a traditional store.
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Enhanced Employee Morale and Productivity: Providing on-site access to refreshments and necessities is a great way to boost employee satisfaction. When employees have quick and easy access to what they need, they spend less time leaving the premises, leading to more focused work and a more positive work environment.
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Improved Customer Experience and Retention: For businesses with customer-facing operations, a vending machine is a value-added amenity. It offers a convenient service that can improve the overall customer experience, encouraging them to stay longer and potentially return more often.
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Modern and Tech-Forward Image: Contemporary vending machines are equipped with smart technology, including cashless payment systems and remote inventory management. Integrating this technology into your business shows that you are modern, efficient, and forward-thinking, which can be a competitive advantage.
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Ease manpower woes: With populations becoming more aged, easing the load on the workforce will increase employee loyalty and also company revenue.
- Get ahead of your competition: Most are moving forward with automation and AI innovation, use the vending machine as the first move in that direction. It's an all-in-one retail solution that can be linked to e-commerce to boost on-site and group sales.
How do we help with your vending machine needs?
As a starting point for discussion, we use the TCN elevator machine as the default model. It has 6 rows with 10 slots each. They can accommodate 5-15 items depending on their size for each slot. So a machine can house 60 x 5 = 300 to 60 x 15 = 900 products.
The big vending machine considerations would be:
- Do I purchase the vending machine?
- Can I rent the vending machine?
- What are the advantages and disadvantages of purchase vs rent?
- What is the timeline from discussion to installation?
- What are the costs involved?
- What would be the starting product mix for my vending machine?
- What would be a possible breakeven point and profitability?
- Why work with crazybadman? What's the difference?
Do I purchase the vending machine?
Purchasing the vending machine would make operational costs lower as the asset is owned by your business. You are also paying towards a breakeven point and eventual profitability. Vending machines in an indoor setting usually last 5-10 years (not including tech upgrades and maintenance) and in an outdoor setting can last 5 years+ without much day to day operational issues. This option is good for established businesses that want to augment their retail channels. Not as ideal for more transient businesses like 'pop-up' stores unless the 'pop-up's have a regular routine where the vending machine is constantly in use.
Can I rent the vending machine?
Yes you can. If you need to vend common items that are found commonly in a vending machine, this might be a good option for you. If you need to vend your own merchandise that has not been configured for vending machines, renting will come with problems as you'll need to invest in the set-up cost but will not breakeven on your investment as the rent continues. It's a good option for businesses that want to test drive the retail option and their lease is expiring or if they are exiting the business in the near term. There are also set up costs like stickers, cleaning, and others that is a one off when you do a purchase, but if you want to rent the same machine again, you'll need to re-set it up if someone else has used the vending machine between your two uses.
What are the advantages and disadvantages of purchase vs rent?
Purchasing a vending machine
- Advantages - Own asset, can breakeven on payments
- Disadvantages - Not ideal for short term use
- Best Suited for - Established businesses who want to automate retail that have 1-2 year+ leases
Renting a vending machine
- Advantages - Good for events or ad-hoc use
- Disadvantages - Expensive rental, won't breakeven on asset
- Best Suited for - Event owners or blitz campaigns
What is the timeline from discussion to installation of my vending machine?
Roughly 4-8 weeks.
Week 1 - Discovery discussion, understanding the process, prospective costs, operational and logistical considerations of installing a vending machine.
Week 2 - Finalising product mix for the prospective vending machine
Week 3 - Receiving payment that can be split to 12 monthly installments via grabpay with a small financing fee. The various parts of the vending machine is ordered.
Week 4 - Delivery of the vending machine to the purchase's place of business and we'll help to set up the machine and conduct a quick 1 hour training on how to use the vending machine and go through frequent fixes need.
Depending on clients' response rate and if the vending machine requested is in stock and doesn't need to be manufactured, then it can be 4 weeks. If manufacturing of a custom vending machine is needed then it might be up to 8 weeks or even 12 weeks depending on the time of year.
What are the costs of installing a vending machine?
Purchase*
- 1 x vending machine = SGD$12,000/machine
- 2 x vending machines = SGD$10,000/machine (Total: $20,000)
- 3 x vending machines onwards = SGD$8,000/machine (Total: $24,000)
Rent*
- 1 month contract = SGD$1,200/machine per month (SGD$6,000 fully refundable deposit required)
- 3 month contract = SGD$800/machine per month (SGD$4,000 fully refundable deposit required)
- 12 months contract = SGD$600/machine per month (6 months pre-payment required)
- 24 months contract = SGD$500/machine per month (12 months pre-payment required)
*Costs are a ballpark figure, do contact us at theshop@crazybadman.com for the most accurate quote and the best consult for your needs.
Other vending machine ancillary costs
- Transporting a vending machine from any point in Singapore to another point in Singapore (depending on transporters schedules) - SGD$250
- Skinning the vending machine with stickers and no external protrusions - SGD$1,000
- Custom branding design - please contact us
- Clearing licences (if needed) - please contact us
- Sourcing for venues to place your vending machines - please contact us
- replenishment of stock - SGD$200 per top up
- monitoring of sales and giving top up alerts and vending merchandise product mix insights - please contact us
What would be the starting product mix for my vending machine?
There are many thought processes about what the starting mix should be. Some business owners want as many product options as possible and then change out the underperforming ones and then reach an optimised mix after three (3) months. However, we recommend that you start with broad offerings first as your customers will not be too inundated by choice. So they will scan pick and buy. This will give you more sell-through and also understand what product classes do well. Hence you won't be changing your product mix so much.
One easy way to figure out what to retail is to look at what your customers currently bring into your establishment. If you are automating retail for your service base business, this won't apply. For example, a gym can observe what customers buy for their workouts and what they ask for after. For physiotherapist, they might want to push their own products and product lines and complement it with drinks or snacks for the customers waiting in line.
Slot 1 | Slot 2 | Slot 3 | Slot 4 | Slot 5 | Slot 6 | Slot 7 | Slot 8 | Slot 9 | Slot 10 | |
Row 1 | Image | |||||||||
Museli Bar | Muesli Bar | Muesli Bar | Hello Panda | Hello Panda | Hello Panda | Cricket Protein | Cricket Protein | Yupi Bear | Yupi Worm | |
Price | ||||||||||
Row 2 |
Iso Whey Cafe Latte
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100% Whey chocolate
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Vegan Protein Chocolate
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Vegan Protein Vanilla
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Vegan Protein Hazelnut
|
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Row 3 | creatine zero | creatine zero | l-carnitine | l-carnitine | choco pie | choco pie | tic tak mints | tic tak mints | custard pie | custard pie |
Row 4 | oatside protein | oatside protein | oatside protein | oatside protein | oatside protein | pocari sweat can | pocari sweat can | pocari sweat can | pocari sweat can |
pocari sweat can
|
Row 5 | red bull can | red bull can | red bull can | red bull can | red bull can | sportade isotonic blue | sportade isotonic blue | sportade isotonic blue | sportade isotonic blue |
sportade isotonic blue
|
Row 6 | qoo grape | qoo grape | coke classic | coke classic | sprite | sprite | coke zero | coke zero | a&w | a&w |
What are vending machines good for?
There are many benefits of establishing a vending machine for your business or organisation. With this automated retail solution, you can boost your sales and establish your first robot employee.
- Accepts all cashless payments
- Smart vending machine - so we know when and how much to stock up
- Reliable
- Chilled or Room Temperature
- Has a customised product mix and is brand agnostic so we can make the products suit the needs of your customers. (Swim stuff for swimmers, gym stuff for gyms, etc...)
- Uncapped commission with an unique referral code so your customers can buy more outside of your venue and you'll earn too
- Recognised top seller as a LazMall and ShopeeMall store so your customers might be already familiar with our products
- Extensive range of products covering apparel, equipment, supplements, home/elder care so you can offer more in your venue's vending machine and your customers can buy more outside of their workout timings at your venue
- Have all you need in one machine
Cashless Payments
Our machines offer cashless payments only and we do not offer cash or coins payment modes. Our Crazybadman Vending Machines can transact using:
- Google Pay
- Apple Pay
- AMEX
- VISA
- Mastercard
- EzLink
- and more...
Smart Vending Machine
We track statistics of all our machines remotely so we can top up and increase sales by offering good add-on recommendations to your location. Our smart vending machines are cloud enabled so all involved have access to the information. We use the statistics dashboard to generate your commissions based on the agreement. (if any)
Reliable
Our vending machines have a 95% reliability rate. Sometimes it goes down people of errors or updates, but we can have your machine up and run in 1-2 working days. Just text us and we'll send a technician over.
Chilled or Room Temperature
It's always nice to have a chilled drink in Singapore's tropical climate. For venues who don't need chilling, we can have it at room temperature. This temperature is ideal for clothes or equipment vending.
Customised Product Mix
Each of our vending machines have a maximum of up to 60 SKUs. So we can place up to 60 different products and varying quantities depending on their size.
If you run a swimming pool, we can sell goggles, suntan lotion, mineral water, 100plus and more to your swimming pool. Here is a default product mix we recommend to poolside vending machines.
If you run a gym, we can sell energy drinks, protein bars, protein drinks, water, snacks and more. Here is a default product mix we recommend to gym vending machines.
Uncapped commissions
Our vending locations will have their own unique 10% discount code that they can earn 10% referral when their customers check out with the code on our online store.
A sporty vending machine is ideal to automate retail for:
- Gyms
- Fitness Studios
- Zumba Studios
- Malls with fitness studios
- Hotels with gyms
- Condos with gyms
- Service apartments with gyms
- Offices with gyms
- Country clubs
Get your Vending Machine in 4-8 weeks!
- Contact us via our google form here, or just fill in a contact page.
- We'll arrange a call with you so we can find out more. We'll share pricing and the best way of working with you. Prices depend on the complexity and work required for your retail automation.
- We'll drop you an email with details about the solutions we chatted about in the call.
- Have a think and see if this solution works out for you.
- Confirm with us the solution recommended is the one you want and recommend changes where necessary.
- We'll invoice you and start your machines process to reach you.
- We'll swing by and do a site visit to ensure the machine can be installed well and the appropriate power supply and other safety considerations are sorted.
- The vending machine will take 4-6 weeks to reach Singapore with the specifications of your job. Before the machine arrives, we'll do a test vend with all the products you'll want to vend with a machine we have.
- Once it's arrived, we will unwrap, clean and load the vending machine for you and do some tests to ensure everything is working well.
- We'll arrange for a training day for your staff to understand the machine more and common vending machine tips and tricks to keep your automated retail machine functioning at optimum levels.
- After which, we'll let the machine run for a month and you can facetime us during 12pm - 4pm to resolve any issues you have, capped at two(2) calls.
- After a month, you'll get an email detailing your sales, commissions or revenue, and quick insights on some improvements we think you can make. Payment due to you will be made on the day the email is sent out.
- If a meeting is necessary, you can arrange a call for any additional service to optimise your automated retail solution.
- Minimum service contracts are 1+1 years. As it takes some time for people to be used to your solution.