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Vending Machine Business/Product Ideas (Food & Beverage Industry (Cons…

- - - - Beauty vending machine that allows the purchase of various skincare and makeup products
      - Utilizes interactive technology
        
        Evaluation of customer's skin type
        
        Provide information on beauty products
    - - Hygiene purposes
      - Provides quick and easy check-out service
      - Customers are able to gain a better understanding of their skin type
      - Self-assistance made possible during periods of high demand
    - - Skin analysis function would require for advanced technology, which could be costly at the stage of research and development
      - As the vending machine is free for use, customers may misappropriate the use of it, causing the machine to be high in maintenance
      - Considerable waiting time to use the machine
    - - More hygienic way of 'testing' products
      - Decrease labour cost
      - Able to track customers’ shopping habits to better cater to their needs
      - Saves consumers’ time and Increased convenience for consumers
      - Fewer inventory problems and less theft than a traditional store
  - - - customisable nail designs
      - Fully automated nail service
    - - touch screen service
      - application to 'pre-test' on what is best suited to consumers
      - UV light that enables quick drying
      - live footage of process
    - - elevate potential health risk in the long-run from chemical scent
      - Lower cost as it excludes labour cost and retail cost of the salon
      - Less time required for manicure
    - - Safe nail polishes
      - No chemical smell ubiquitous of the salon
      - Takes less than a minute
      - Offers 100+ nail designs
    - - More time efficient
      - Lower labour and rental costs
      - Lower health risk
      - Able to design complicated designs
    - - Inaccuracy or misalignment of design on nails
      - Non-reversible designs
- - - - Outlets often over populated
      - space constraint for employees
      - Long waiting time for consumers
    - - Customisable drinks
      - Various flavors
        
        Green Tea
        
        Milk Tea
      - Assorted Toppings
        
        Pearl
        
        Pudding
        
        Jelly
  - - - What?
        
        Pre-made burgers
        
        Customisable, D-I-Y burgers
        
        Pay via cash/coins or contactless payment methods such as DBS PayLah or PayWave
      - Why?
        
        To increase convenience of customers by decreasing waiting time at fast food restaurants
        
        To reduce labor needs and costs
  - - - What?
        
        Mala bowl
      - Why?
        
        To improve Long Qing Restaurant’s sales and increase conveniency for consumers
        
        Rising popularity of Mala among Singaporeans