SINGAPORE (Jan 29): Alvin Lim, CEO of SGPomades, recently began selling his Ubersuave texturing wax and Mister Pompadour peppermint shampoo using vending machines. His company, an online retailer of hairstyling products, has a number of vending machines installed at locations such as Chinatown Point and White Sands. So far, the results have been favourable.

“Vending sales are picking up and bringing in rather stable profits,” Lim says. “Many of our customers praised us for our vending concept, as it made it more convenient for them. Although I initially thought that some of our online sales would trickle over to the vending machines, we experienced a slight increase online instead. So, including revenue from this vending machine venture, our business has achieved organic growth.”

SGPomades’ vending machines come from SmartRetail, an operator of “smart vending machines”. They boast integrated cashless payment systems, which accept all major credit cards as well as EZ-Link and NETS payments. The machines also have touchscreens that display information about the products. And there is an integrated back-end system to show retailers which items need to be restocked.

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