PRLog - May 29, 2014 - HUDSON, Wis. -- Three Square Market (32M) launched its' June 2 for 1 Special today offering to sell to micro market operators two kiosks for the price of one of their competitors. "The market needs to quit over-paying for this technology" said 32M CEO Todd Westby. "When you look at our features versus the competition and their upfront cost, there is simply no comparison. Operators need to focus on their profits in this changing market and it is time for the industry to quit funding the profits of our competitors and start building their business" added Mr. Westby.
Recently opened Three Square Market featuring the table top Market Junior kiosk.
To qualify for the special, operators will simply need to send their 32M Distributor an invoice from the competition showing a non-sale price quote. Qualifying operators will receive two standard Three Square kiosks that include a 15" Elo Touch Screen, MEI Bill Acceptor and Credit Card Swipe, a recently upgraded scanner and full access to all of the 32M features including their patent-pending mobile app for the price listed on that invoice. And if the price of two kiosks from 32M is less than one of the competitors, the operator will receive the lower price.
"When we started 32M, our mission was growth for both our company and our operators" noted 32M Vice-President Patrick McMullan. "With the state of the vending industry, and many operators struggling, we structured our business to provide an avenue for operators to open multiple markets and impact their bottom line significantly thus making them a healthy company again and ensuring we have a long-standing business relationship"
32M has seen their transaction volumes from Q4, 2013 to end of April, 2014 grow 5x. "This means our business is healthy as is our operators" added Mr. Westby. "We view the kiosk purchase to that of a car. Each car has basic features and upgrades. So do kiosks and we know with certainty that our upgrades have no superior in the industry. We don't sell vaporware and when you look at the side by side features vs. costs, add in the profits you gain because you can open that second store, this is the impact operators need in this ever-changing market". 32M expects to open over 1,000 locations in 2014 and the growth trends to only continue in years ahead.
32M sells all of their equipment through a nationwide distribution network including now distributors and markets in Canada, Australia and Central America. Not only will the 2 for 1 special impact the upfront cost for an operator, but 32M is proud of the financing & leasing opportunities available to operators. "Through Firestone, First Lease and programs available through individual distributors, operators can lease an entire market for as little as $250 monthly or a kiosk alone for as low as $77/month" ** added Mr. McMullan. "Operators have cash in either inventory/equipment, receivables or in the bank. Our pricing structure and these financing programs means more money in the bank, better profits, faster ROI and a healthier company" added McMullan. "And when you factor in the Year One cost of royalty fees and kiosk price, our competition needs 4-5 years to try and even come close to closing the gap on a year one cost compared to 32M. When you take that year one savings and apply it to purchasing another kiosk and opening your second store, and realizing the profits, the real measure of opportunity cost is the missed profits on store #2 our competition can't provide".
The 2 for 1 Special runs through June 30th and certain restrictions do apply. To learn more about 32M, visit their website at www.32Market.com, contact your local 32M distributor or plan on joining their bi-weekly webinars about micro markets.
About 32M: Three Square Market is a subsidiary of TW Vending, based in Hudson, WI. TWV owns 32M, TurnKey Corrections and American Institutional Supply. TKC is a leading provider of kiosk, commissary, video visitation, and other critical services to the corrections industry and operates county jail locations in 29 states, Canada and Australia. American Institutional Supply supplies correctional facilities, hotels, schools and other industry institutional products throughout the U.S. and Canada. Learn more about TWV companies by following them on social media:
Three Square Market: @32Market on Twitter, www.facebook.com/
Linked In Profile: www.linkedin.com/
** All offers OAC. This is not an offer to extend credit and/or financing.