BangkokPost-May 16

Vending machines have become a new distribution channel popular with Thai consumers as well as a novel tool for companies to launch a business as they generate good sales. The machines are drawing customers with their novelty in terms of design and product offerings. They are ubiquitous throughout Thailand, resembling the phenomenal expansion of 7-Eleven convenience stores decades ago, with new players expected to join the market and existing players ramping up their businesses. “I never imagined I could buy a quality Americano coffee from a vending machine without a barista. The taste is as good as I expect and the price is affordable at only 35-40 baht per cup,” said Nimit Suksubthavorn, 32, an office worker in Siam Square, referring to Tao Bin, the latest smart beverage vending machine. Tao Bin smart beverage vending machines are owned and operated by MAI-listed Forth Smart Service, the country’s largest top-up machine provider under the Boonterm brand.

Watanya Amatanon, chief product officer at Forth Vending Co, the marketer of Tao Bin vending machines, said the company took two years to develop this robotic machine and launched it six months ago. Read more at: https://www.bangkokpost.com/business/2310558/vending-machines-the-way-forward