Consumers now have another option to consider when they’re in the market for a car: a vending machine. No joke. In this month’s Unattended Retail Tracker™, PYMNTS caught up with Ernie Garcia, CEO/Founder of Carvana, to discuss how digital technology and vending are disrupting the car-buying experience. That, along with the latest news and updates from around the space, and a ranking of the top players, including 10 new providers, await in the June edition.
Browsing For A New Car?
Consumer desire for convenience has brought upon changes across a wide range of retail environments. But, despite those changes, car buying has remained essentially the same process for decades — until now, that is.
A company called Carvana is looking to bring convenience to car-buying with their new branded coin-operated car vending machine, recently opened in Nashville, Tennessee. PYMNTS caught up with Ernie Garcia, founder and CEO of Carvana, to find out more about the new way to buy a car.
Here’s a sneak peek:
“When you look back at how consumer buying has changed to favor online, on-demand purchases, while still mandating quality and good customer service, we feel confident that now is the time for car buying to undergo a similar revolution,” Garcia explained.
Carvana, an online car-selling startup focused on bringing digital disruption to the auto retailer market, recently opened up a fully automated, coin-operated car Vending Machine in Nashville.
It’s one thing to take car buying online, but to integrate the vending machine concept into the pick up process is something Garcia said is sure to be a “one-of-a-kind experience that mirrors just how simple and easy we’ve made it to buy a car online.”
The June edition of the Unattended Retail Tracker™, powered by USA Technologies, features the latest industry news from the Unattended space along with the profiles of major players in the space, including 10 new additions to the tracker.
New technology has given rise to a sea of change in the vending landscape. No longer are they just for chips, candy and soda, as modern vending options can offer consumers everything from healthy snacks to high-end electronics and fashion accessories.
According to research on future trends in the unattended retail market from Forbes, vending machines are moving away from unhealthy snack foods and toward new types of offerings. In order to capture some of that emerging portion of the vending market, several companies introduced new types of vending machines aimed at bringing a more diverse lineup of goods to consumers.
To download the June edition of the Unattended Retail TrackerTM, powered by USA Technologies, click the button below …
About the Tracker
The PYMNTS.com Unattended Retail TrackerTM, powered by USA Technologies, tracks the movers and shakers in this space, and ranks and scores the providers using this new channel to respond to changing consumer needs. We’ve sliced this ecosystem into the distinct categories that make sense for our audience: Food & Beverage, Vending, Service Vending, Remote Retail, Parking, and Restaurant & Hospitality.
The provider directory profiles key players in the space, and ranks them on the basis of the completeness of their solutions: markets served, technology solutions offered, payments accepted, and the security standards achieved. If we’ve missed you and you’d like to be included, please click here.
We’re always on the lookout for opportunities to partner with innovators and disruptors.
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