The Internal and External Trends of Micro Markets

 

Christopher Blomquist, Director of Marketing at Parlevel Systems, and Dustin Seetoo, Director of Product Marketing at Premio, Inc., spoke on this episode of MarketScale’s Food and Beverage Podcast about the emergence of micro markets in the self-service vending machine industry. Technology and the increased desire for healthier choices are two drivers of micro markets.

“Micro markets came from being able to offer more diverse and healthier options,” Blomquist said. “Micro markets are different in vending in that it’s an open-product concept, including self-checkout with flexible storage to store items such as salads and sandwiches.”

Seetoo highlighted what’s at the heart of these micro markets.

“The back-end business analytics tied to the hardware are driving the whole micro-market industry,” he said.

The collected data helps determine customer purchasing behavior and which food and snacks make the most sense to stock. This information is essential when stocking quick-spoil items, as it is critical to know which of these items will sell quickly and which will not.

Blomquist saw the growth in micro markets leading to a movement toward self-service as a whole.

“Our company goal is to connect multiple areas, where one may purchase individual food and beverage items at one self-service kiosk,” he said.

Beyond food and beverage, Blomquist believes other services could be ordered through micro markets, as well.

For the latest news, videos, and podcasts in the Food & Beverage Industry, be sure to subscribe to our industry publication.

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

intelligent audio systems
Redefining Security: The Critical Role of Voice in Intelligent Audio Systems
April 1, 2025

In the world of security technology, vision has long taken precedence—cameras, analytics, and access control have dominated the conversation. But what if we’ve been underestimating our oldest, most human sense of communication: voice? The rise of intelligent audio in security systems marks a turning point in how we protect spaces and people, shifting from passive…

Read More
How PSA is Empowering Integrators to Navigate AI, Mobile Credentials, and Modern Business Challenges?
April 1, 2025

As the security integration industry contends with rapid technological advancement and increasing business complexity, many integrators are looking for the tools, training, and guidance to keep pace. At the center of this evolution is AI—transforming not just the products integrators deploy but also the way they operate their businesses. Meanwhile, the shift to mobile credentials…

Read More
biometric face authentication
Biometric Face Authentication Moves from High-Security to High-Convenience
April 1, 2025

Facial recognition technology has long hovered on the fringe of mainstream adoption, promising futuristic solutions but often shackled by high costs, limited applications, and public skepticism. In 2024, however, a pivotal shift is underway. Thanks to advances in edge devices, reduced price points, and changing attitudes toward digital identity, biometric face authentication is now…

Read More
SIA RISE
SIA RISE is Shaping the Industry Through Community and Intentional Growth
April 1, 2025

The security industry is experiencing a quiet revolution—one led not by technology alone, but by a new wave of passionate young professionals. As legacy systems give way to modern, cloud-based platforms and mobile-first solutions, the need for fresh perspectives, diverse skill sets, and energized leadership is more pressing than ever. One organization at the forefront…

Read More