10 year anniversary of 2008 recession – are convenience services helping create a strong U.S economy?

This month marks the anniversary of the 2008 market crash in which millions lost their jobs and homes. That year, the economy was losing roughly 170,000 jobs a month with a total of 700,000 jobs lost in the last two months of the year alone.

Luckily, our economy has grown a great deal since that tumultuous time.

America’s unemployment rate currently stands at 4% — the best it’s ever been in the U.S since the late 1960s. The economy is growing, unemployment is at an all time low and wealth levels are rising.

Just how much of this has to do with the convenience services industry? More than you might think. The convenience services industry—which includes small business owners, manufacturers, distributors, and suppliers—delivers nearly $25 billion yearly to the U.S. economy. In addition to this economic impact, the industry provides over 140,000 jobs with an estimate of $7.2 billion in employee wages.

The National Automatic Merchandising Association (NAMA), an association of business professionals who operate in the convenience service industry, including industries such as  vending, micro market, office coffee, and pantry services as well as foodservice is a large participant in the industry. From Silicon Valley to Des Moines to Wall Street, these companies provide other businesses, large and small, with food and beverages that power their employees’ productivity.

U-Select-It is proud to be a member of NAMA. Backed by over 85 years of manufacturing vending products, U-Select-It currently stands as one of the most reliable names in the business. As easy to operate as they are to maintain, U-Select-it’s vending merchandisers are ideal for all types of establishments, both large and small. From waiting rooms too break areas, U-Select-It  products provide the best in refreshment when it is needed most.

To learn more about U-Select-It and for more vending news, visit uselectit.com.

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We are proud to announce that Ashley Hubler, CMO of U-Select-It, has been named a 2018 NAMA Scholar!

Earlier this September, the National Automatic Merchandising Association (NAMA) Foundation announced four 2018 NAMA Scholars. U-Select-It is proud to announce that one of whom is our very own Ashley Hubler, Chief Marketing Officer of U-Select-It!

2018 NAMA Scholars:

Steve Boucher – Regional Director, Compass Group / Canteen

Jonathon Holden – Director of Sales, All Star Services

Ashley Hubler – Chief Marketing Officer, U-Select-It

Hans Lutkefedder – Vice President, Operations, Vend Natural Holdings

Ashley Hubler, CMO, U-Select-It

The NAMA Scholars program is exclusively for association members and offers scholarships to support workforce development in the convenience services industry. This year, the NAMA Foundation is awarding four scholarships to NAMA’s EDP at Michigan State University, including one scholarship supported by NAMA’s Emerging Leaders Network (ELN).

As Chief Marketing Officer at U-Select-It, Ashley Hubler is responsible for linking the innovations of the company’s product team to the customer-focused operations to build the brand, shape the value proposition, and create consumer awareness through all channels. In this role, Ashley oversees the enterprise marketing strategy of U-Select-It including consumer insights, digital marketing, creative development and agency management, marketing effectiveness, lead generation, and media communications.  

The National Automatic Merchandising Association is a 501(c)3 charitable organization on a mission to strengthen and advance the convenience services industry through strategic support of advocacy, education and research initiatives.

For more vending news, visit uselectit.com.

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NAMA Highlights Industry’s Economic Contribution In Latest Census

In 2018, a census was conducted by the National Automatic Merchandising Association, or NAMA for short, to measure the size, scope, and value to the United States of the vending, office refreshments and micro market industry.

Extensive research on the economic impact of the convenience services industry was conducted by Dunham and Associates, a firm based in Brooklyn, NY. The company was founded with the intent to meet the demand for credible, verifiable economic data for use in advocacy.

Dunham’s research identified over 5,200 separate establishments within the industry, and found that they represent, on average, 430 jobs for every one million Americans. Each of those jobs had the effect of creating 1.3 jobs, which is an abnormally large number in the retail business.

The total economic impact of the entire convenience services industry is just under $25 billion. The industry itself is directly and indirectly responsible for about 140,475 full-time jobs and has paid out about $7.2 billion in wages.

Of those 140,475 full-times jobs, about 60,633 of those jobs come from vending operators, machine manufacturing, and brokers. Vending operators make up the largest share with 53,420 jobs being created directly by them. Their total economic impact alone totaled about $10.1 billion.

New York is one of the biggest contributors to the economic impact of the convenience services industry. New York’s total output is somewhere around $1.1 billion and has paid out just under $350 million in wages. In terms of workers, there are about 5,683 full-time jobs available.

Over 67% of convenience services industry operators have a diversified business model. The industry itself paid about $3.5 billion in business taxes, with roughly half being paid towards federal taxes and the other half going to state taxes.

Dunham’s research also found that about 34,750 jobs are indirectly impacted by the convenience services industry. Of that amount, about 12,458 jobs were generated by business & personal services, which resulted in an economic impact of just under $1.5 billion.

For more information about our vending machines, visit uselectit.com.

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Sneak peak of the NAMA Coffee, Tea, and Water Show 2018

Registration for NAMA’s Coffee, Tea and Water Show (CTW) has officially opened to the public!

The Coffee, Tea and Water Show (CTW) delivers insight into the “workplace of the future” by showcasing new technologies and industry trends that are impacting business and driving change into the $4.25 billion U.S coffee services industry. The event is meant to foster education, networking, and growth within the industry.

U-Select-It is proud to be a part of the upcoming show on November 12th-14th at the Hyatt Regency in New Orleans.

Here’s are some activities and topic of conversation at this year’s CTW show:

This year, there will also be a new and exciting Product Showcase and People’s Choice Awards! CTW will feature a showcase dedicated to new products and technologies that serve the field. CTW attendees will have the chance to see, touch and even taste the new offerings being introduced into the industry and vote for their favorites!

U-Select-It will be presenting our Geneva Coffee and CTop machines.

genevaGeneva has two distinct styled machines, silver and black, allowing you to personalize your vending choice. Available in either instant or fresh brew configurations, coffee vending options include regular, decaf, espresso, cappuccino, cafe latte, cafe mocha, hot chocolate, or tea. With a state-of-the-art brewing system, precise ingredient controls, and up to 36 different combinations, coffee vending has never been so easy.

CTop Vending Machine

Our new CTop Vending Machine provides professional, secure dispensing of single serve coffee pods, including K-Cup®. Simple, reliable, proven dispensing and payment systems integrate seamlessly into your current vending business allowing you to increase sales opportunities. Its small, convenient footprint allows placement on standard 36″ countertop with 18″ cabinet to counter spacing. Manufactured in the USA, the CTop Vending Machine has a 256 single serve coffee pod capacity with a glass front display for simple live menu changeability. With energy saving LED lighting and iVend® guaranteed delivery system, our pod vending machine is the latest technology within coffee vending.

To learn more about our machines, visit our website.

To register for the event, visit www.coffeeteandwater.org.

Until next time,

USI Logo

 

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Sneak Peek of Atlantic Coast Exposition (ACE) 2018

ACE

Are you looking forward to the 2018 Atlantic Coast Exposition (ACE)?

The Atlantic Coast Exposition is a three-day trade show featuring suppliers to the vending, office coffee and food service industry. The exhibit attracts all of the major industry suppliers of product, equipment, and services.

U-Select-It is proud to be an exhibitor at the upcoming show on October 11th-13th at Embassy Suites Kingston Plantation in Myrtle Beach, South Carolina.

This year’s exciting theme is “Sand, Sun & Fun” – the event is sure to be the perfect mix of work and play.

Here’s are some topics of conversation to be expected at this year’s ACE show:

All work and no play? No way. This year, ACE will be hosting all of the following events:

U-Select-It will be featuring our Evoke Snack 6 merchandiser.  https://evokesnack.uselectit.com/snack6/

 

To learn more about our machines, visit our website.

To register for the event, visit www.atlanticcoastexpo.com.

Until next time,

USI Logo

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Global Developments are Leading to a Greater Reliance on Mobile Transactions

pay range

 

As anyone can tell you, technology around the world is expanding at breakneck speed and is most noticeable right in the palm of your hand. Apps ranging from topics such as communication to games to productivity are changing the way we live. They are even changing the way we pay.

Mobile Payments On The Rise

According to a report by Allied Market Research, increased usage of smartphones as well as the need for smoother transactions are driving the mobile-payments market which is expected to reach a value of over three billion dollars in the next five years. People are becoming more accustomed to making digital payments even for smaller amounts. This trend is showing that digital transactions are on the rise, poised to overtake cash payments for the number one way small transactions are made.

Industry Giant, PayPal, is  getting into the mobile payment side and also keeping up with the trend. They have recently acquired financial tech company iZettle, creating a payment powerhouse.  iZettle is known for hardware and software targeted to smaller businesses.

“Small businesses are the engine of the global economy and we are continuing to expand our platform to help them compete and win online, in-store and via mobile,” said PayPal President and CEO Dan Schulman. “iZettle and PayPal are a strategic fit, with a shared mission, values and culture-and complementary product offerings and geographies”

Mobile Payment Within Vending

PayRange is helping the vending industry keep up with the mobile payment trend by working with key partners such as U-Select-It. Through this partnership,  PayRange is built in to U-Select-It’s new, open-architecture FLEX control board. The FLEX board is featured in the new Evoke Snack series machines, as well as across its full vending equipment product line. This out-of-the box integration provides customers with a no hardware cost  mobile payment option that drives vending product sales.

Why Consumers Love PayRange

Convenience today means consumers get what they want, where and when they want it.  With PayRange mobile payment system, consumers simply swipe and go. Consumers love PayRange because it is Simple, Fast, and Secure.

Simple.

Gone are the days of digging for loose change or waiting for your card to process.  With a swipe up on your phone, making vending product payments is simple.

Fast.

Faster than inserting coins into a machine, PayRange is the quickest way to pay for products from vending machines.  Use all major credit and debit cards or add funds via Apple Pay, Android Pay, or Masterpass.

Secure.

Paying with your phone is the smart and safe way.  Your card details are never sent to the machine. Plus, adding funds to your wallet is simple.

Want to learn more about USI’s Evoke Snack series featuring on-board PayRange mobile payment capability? Call us at 1-800-247-8709 or fill out this form.

 

Until next time,

USI Logo

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Don’t miss out! Save the date for the 2018 NAMA DC Fly-In

Don’t forget – the NAMA DC Fly-In is coming up this July!

Join U-Select-It along with other  business and industry leaders in Washington, D.C for two powerful days, the 24th and 25th this July, of letting your voice be heard in Congress! U-Select-It (USI) is proud to announce our participation as a sponsor of NAMA’s signature advocacy event – the 2018 DC Fly In.

New for this year, sessions have been added geared to various NAMA constituencies: Women in the Industry (WIN), Emerging Leaders Network (ELN), suppliers, and machine manufacturers. And of course, we will be spending Wednesday with policy makers on Capitol Hill talking about issues important to the industry.

Plus, NAMA recently announced that Kyle Trygstad, National Journal Hotline editor, will be the featured speaker Tuesday, July 24 at the association’s Fly-In Evening Reception.

“With his perspective, as a seasoned political media professional, Kyle will share an ‘insider’s view’ oKyf the upcoming elections. Hired out of college by NBC-TV’s Chuck Todd, Kyle will deliver remarks, followed by a dynamic Q and A session, making this another ‘don’t miss’ event for our industry,” said Jason Eberstein, Government Affairs Director of NAMA.

Fly In attendees will advocate on behalf of the industry on issues related to calorie disclosure, commercialization of rest areas on interstate highways and promoting the economic impact of the industry.  Below are a few examples of how NAMA’s Government Affairs team works to protect and promote members and the convenience service industry.

dc fly in

Registration for the Fly-In is free for NAMA members; family members and colleagues are also invited.  Are you attending?

By attending, you can:

Watch this video to see first-hand testimonials about how NAMA affects the hundreds of people participating in this event!

“Fly-In participants will have a very positive experience,” NAMA legislative affairs director Jason Eberstein predicts. “Together, we can do much more work, with greater meaning and benefit for all.”

Founded in 1936, NAMA (The National Automatic Merchandising Association) is the association representing the $25 billion U.S. convenience services industry. With more than 1,100 member companies – including many of the world’s most recognized brands – NAMA provides advocacy, education and research for its membership. Visit NAMA on Facebook, Twitter and LinkedIn.

You can register for the Fly-In here. Hope to see you there!

Until next time,

USI Logo

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Creating Customer Engagement Through Touch

Our Evoke Snack Series delivers an exceptional experience through its iCART touch screen interface. Featured on a large & durable 10”touchscreen glass, the iCart helps customers interact with Evoke in ways that traditional vending machines would never be able to.

With the iCART interface, we are able to provide a “real shopping experience” with iCART’s Shopping Cart Mode more fit for the modern technological world.

Have you ever gone to a vending machine and wished that instead of making another transaction to get a granola bar to go with your bag of pretzels, you were able to do it all at once? With our new shopping cart mode, you are able to purchase up to three items during one transaction.

Providing more user-friendly interface is crucial to increasing vending sales, and delivering great service to the customer. Having navigable sections through iCART’s “browse mode” allows the user to not feel overwhelmed by the many selections. It can be separated into product categories such as Chips or Candies.

Another benefit of the iCART touch screen interface is the nutritional information display of a product before purchase to inform the customer of the product’s nutritional information and expedite a customer’s decision.  Plus, the ability to display caloric data allows vending operators to comply with the FDA’s Calorie Disclosure Law.

Having a modern, functional vending machine means a more interactive transaction. Learn more about the Evoke Snack Series here!

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5 Reasons Why Every Company Should Have a Vending Machine

As many of you already know, having a vending machine in your office, school, or business place is an amazing way to generate additional profit. However, some reasons fly under the radar more than others. Here are five reasons why every company should have a vending machine.

Low Maintenance

High quality vending machines such our machines at U-Select-It means the machines are easy to maintain, with very low overhead costs. Plus, our machines have have been proven to work like new after 10, 15 and even 20 years in the field!

More Productive Employees

Employees are the backbone of any company. Keeping them well-fueled in a convenient fashion is a vending machine’s job, which allows for more productivity out of your staff. Plus, increase the satisfaction of your employees by you can conducting a survey to see what kind of product selections to put in your vending machine.

Flexible Options To Promote Growth

Another benefit of vending machines is the ability to choose what kind of foods you want to put in them. It can be healthy and energizing food and drinks such as granola bars and energy drinks that have been proven to spike productivity in workers, or popular favorites such as candy bars and sodas to keep them coming back! You can test out different kinds of products and see which promote more commerce in the area.

Multiple Types of Vending Machines

You are not just limited to offering snacks in a vending machine. Depending on the type of vending machine, you  may sell multiple different items dependent on your business and what you think will generate profit. This may range from a snacks, cold drinks, refrigerated food,, frozen food, or even office supplies! A wide range of machines that can accommodate a variety of types of products, as well as various packaging shapes and sizes will allow you to capitalize on any quick trends that you see in the market.

Saves Time and Money

Going off-site to buy snacks and beverages for your company is a hassle. A vending machine not only solves that problem, but allows for your employees to stay on-site rather than going outside for “a minute” to get a quick snack or refreshment. This allows for less wasted time, and more savings for you – in addition to increased employee morale.

 

To find out more information on vending machines and our company, check us out on our website here!

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The Evoke Snack 6

Everybody loved the Evoke Snack 5 – now, we are proud to announce the all-new Evoke Snack 6. The Evoke Snack 6 is bigger, better, and hotter than ever before. Sleek, durable, and smart – it’s the ultimate customer service experience.

What makes this vending machine so special? We’re happy to tell you.

Did you know, your customers can even pay with their phones using our PayRange software? Yep, they totally can. How’s that for convenience? You can read our product guide here for a full list of all of the specifications.

The Evoke Snack 6 is the premier merchandiser for premier locations, providing industry leading technology with a sleek yet durable design to please all of your customers.

“Evoke’s sophisticated exterior stylings are cohesive with modern workplace décor and is an ideal piece of equipment for office buildings, airports, educational institutions, hospitals, and many other types of facilities.” -Customer Testimonial

Learn more about the Evoke Snack 6 vending machine and contact us here.

Until next time,

u-select-it

 

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