Book Vending Could Be Franchised
A new vending idea has come to Australia and may be a fresh stream of revenue for the franchising arena. A 24 hour mini bookstore, Novel Idea Vending has already proved a success in the UK with outlets including major airports. The concept was launched in Sydney and has interest from a number of distributors including online bookstore Booktopia and Dymocks. Don Grover, CEO of Dymocks, told Franchising magazine, “I think it’s very innovative and applicable for the Australian market. We’re interested but have not yet committed the resources to understanding the distribution.”
Grover said the question of scale needed to be considered but he believed the concept ideal for franchising.
Robyn Gipters, general manager of Novel Vending Australasia, with distribution rights in Australia, New Zealand and Asia, said a number of distribution methods were being considered.
Typical outlets for the purpose built vending machines which offer a range of bestselling paperbacks, packed in presentation boxes, are likely to include airports, colleges, schools, hospitals, hotels and military bases.
The machines have an LCD screen which provides information about the books on sale, and can accept cash or credit card payments. Read more.
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