NAICS Code 425120-06 - Vending Brokers (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 425120-06
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NAICS Code 425120-06 Description (8-Digit)

Vending Brokers (Wholesale) are companies that act as intermediaries between vending machine manufacturers and operators. They facilitate the purchase and sale of vending machines and related products, such as snacks, beverages, and other consumables. Vending Brokers (Wholesale) work with both manufacturers and operators to ensure that the machines are of high quality and meet the needs of the operators. They also provide support and advice to operators on how to maximize profits and minimize costs.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 425120 page

Tools

Tools commonly used in the Vending Brokers (Wholesale) industry for day-to-day tasks and operations.

  • Vending machine inventory management software
  • Cashless payment systems
  • Remote monitoring systems
  • Inventory tracking systems
  • Route optimization software
  • Customer relationship management (CRM) software
  • Sales forecasting tools
  • Data analytics tools
  • Digital marketing tools
  • Social media management tools

Industry Examples of Vending Brokers (Wholesale)

Common products and services typical of NAICS Code 425120-06, illustrating the main business activities and contributions to the market.

  • Vending machine operators
  • Snack and beverage distributors
  • Convenience stores
  • Office buildings
  • Schools and universities
  • Hospitals and healthcare facilities
  • Airports and transportation hubs
  • Hotels and resorts
  • Entertainment venues
  • Manufacturing facilities

History

A concise historical narrative of NAICS Code 425120-06 covering global milestones and recent developments within the United States.

  • The vending machine industry dates back to the first century AD when the Greek mathematician Hero of Alexandria invented a machine that dispensed holy water. The first modern vending machine was invented in the early 1880s in England and dispensed postcards. In the United States, the first vending machine was introduced in 1888 and dispensed gum. The industry grew rapidly in the 20th century with the introduction of new products such as soft drinks, snacks, and cigarettes. In the 21st century, the industry has continued to evolve with the introduction of cashless payment systems, healthier snack options, and smart vending machines that use artificial intelligence to personalize the customer experience. Recent history in the United States has seen the vending machine industry face challenges such as increased competition from convenience stores and declining sales of sugary drinks and snacks. However, the industry has responded by diversifying its product offerings to include healthier options such as fresh fruit and vegetables, salads, and protein bars. The industry has also embraced technology by introducing cashless payment systems, touchscreens, and smart vending machines that use data analytics to optimize product selection and inventory management. Overall, the vending machine industry in the United States has shown resilience and adaptability in the face of changing consumer preferences and technological advancements.