what is trade?
what is vending machine?
"Trade" refers to the buying and selling of goods and services with a sole objective of earning profit. It can be divide into two major parts namely :-
1) Internal trade which refers to the buying and selling of goods and serices within the geographical boundaries of a nation.
2) External trade which refers to the buying and selling of goods and services between two countrires or more than two countries also prominantly known as "Multilateral Trade"
These are the newest revolution in the marketing methods. Most common are the coin operated vending machine which prove useful in selling to the consumers hot beverages, platform tickets, milk, soft drinks also weighing machines in the railway stations, ATMs (Automated Teller Machines) which are also the latest form of the vending machine. These machines are useful in selling prepacked brands of low priced products having uniform size and providing huge turnover to the seller.
But there is one biggest limitatation of it that "Customers do not have the opportunity of returning the unwanted goods as possible with the sellers."