Unattended Retail Purchasing
Explore the essentials of setting up open micro-markets in unattended retail, focusing on strategic planning, risk management, and successful deployment.
Start Only After the Contract is Signed
Never purchase a machine before securing a signed agreement. It doesn’t matter how good the opportunity looks—wait until the deal is closed.
Avoid sitting on expensive equipment that earns you nothing.
Match the Market Configuration to the Location
Tailor your setup based on who the users are and what they care about. For example, a roofing warehouse didn’t need high-end displays—just a kiosk, smart cooler, and Amazon chip rack.
This lean setup saved upfront costs and still turned into a great location.
Cost-Efficient Startup Strategy
That warehouse setup cost just $3,000 total—a smart kiosk, mini fridge, and shelf.
If you’re unsure about a site’s performance, start lean and scale later.
VendHub and Amazon can help source components affordably.
Your Setup & Delivery Checklist
Use the delivery window (2–8 weeks) to finalize:
Insurance
Financing options
SKUs and planogram
White glove delivery needs
Ensure the machine is delivered directly to the location, not your garage. Bring cash for the delivery driver if needed—they'll have a pallet jack to assist on-site.
Minimize Theft Risks with Simple Tools
Install cameras—even if they're not active. Use signs like “Smile, You’re on Camera” as visual deterrents.
This simple approach has kept theft low across many installs.
Ready for the Next Step
By this stage, you likely have a signed contract or are very close. You're now equipped to configure your first micro-market setup with the right risk-reward strategy and lean execution model.
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Complete the following exercises:
1. Reflect on a potential location for an open micro-market you might be interested in setting up. Consider the type of environment and what specific needs it might have. Would it require a high-tech setup, or would a simpler arrangement suffice? Write down your thoughts, focusing on how the location impacts equipment choice.
2. Try creating a checklist for setting up an open micro-market. Include all essential elements such as equipment, financing, insurance, and security measures. Use this checklist to evaluate the readiness of your proposed market setup, and identify any areas that might need additional attention or resources.
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QUIZ
1. What is the primary reason for installing cameras in open micro-markets according to the instructor?
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Leave your comments and questions below.
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