Is a large capsule toy vending machine worth investing in?
Buying a large capsule toy vending machine can be a worthwhile investment, but its profitability depends on several factors. Here are some key points to consider:
Cost and Budget: Large capsule toy vending machines typically come with a higher price tag, including the cost of the machine itself, transportation fees, installation fees, and potential ongoing maintenance costs. You need to evaluate your budget to ensure that purchasing and operating the capsule toy vending machine will not put too much financial strain on you.
Location and Space: Large capsule toy vending machines require more space for placement. If you don't have enough available space, then buying one might not be the best choice. Consider the cost of renting or purchasing the location, as well as the impact of the capsule toy vending machine on the layout of the venue.
Target Market and Audience: Analyze your target market and potential audience to determine their interest and demand for capsule toy vending machines. If the target audience is not very interested in capsule toy vending machines, or if there is already too much competition in the market, then investing in a large capsule toy vending machine may not be wise.
Revenue Expectations: Evaluate the potential revenue from the capsule toy vending machine, including sales of capsule toys. Many capsule toy manufacturers produce few 10-12cm capsule toys, such as Bandai, which limits options. While it may seem profitable in the short term, it may not be suitable as a long-term project.
Alternative Options and Flexibility: Consider whether there are more economical and flexible alternatives, such as smaller capsule toy vending machines. Evaluate the cost-benefit ratio of different options and choose the one that best suits your needs and budget.
In summary, the author suggests pairing a large capsule toy vending machine with smaller ones for better results. Before making a decision, it is recommended that you conduct thorough market research, budget evaluation, and risk analysis to ensure that your investment can bring reasonable returns and align with your long-term goals.