If you are wondering whether or not you should buy an ATM to add to your business, you should know that there are many great reasons why you should! If you’re still on the fence, check out this list. Here are 5 reasons you should add an ATM to your business.
Convenience
Convenience to your customers is a great reason to purchase an ATM to install in your business. The addition will show your customers/clients that you care about them and want things to be convenient for them. Not only will small things like this make them into lifelong customers who will keep returning again and again but they will also tell their friends about the amenities your business offers so that you can continue to get new customers.
Extra Income
Did you know that adding an ATM to your business can actually make you extra income? You can program the ATM to charge a fee of whatever size you’d like, and then every time a customer uses the machine you will be making passive income that you don’t have to work for. This can really help when business is slow and can offset other costs.
Competition
If you have a competitive nature, this could be another reason for you to add an ATM to your business. You’ll want to do it before other businesses in your area install one first. This way you will be the only business on the block who offers an ATM and other businesses will tell customers who ask that you have one and send them your way.
Foot Traffic
Offering an amenity such as an ATM inside of your business is a great decision because it will also help increase the foot traffic that is entering your store. They may come in only to use your ATM, but in many cases will end up leaving having spent money. Even if that’s not the case, they at least know your business exists now and will remember that in the future when they are in need of something you sell.
Cash Sales
Many people prefer to pay for things with cash but may not always carry cash on them. This is one reason having an ATM is good, because it will increase the likelihood that they will spend money in your store. Additionally, cash sales may be more desirable to you as a business, and you’ll get much more of those if you’ve got an ATM.
Having an ATM inside of your business has many great benefits and will not be too difficult or expensive to install. If you were still on the fence about adding one, hopefully this list has convinced you!