Why an ATM is a Smart Move for Your Business
Making a decision as a business person can yield amazing results, or catastrophic ones. Before you proceed with the decision you have in mind, it is mandatory to consider all options. You will list all the possibilities and options and, many times, you will overlook a product or service idea that can help your business grow five times faster: installing an ATM machine! A decision that can yield huge dividends.
You heard right, installing an ATM machine for business is a smart move, especially, if you are struggling to make ends meet. Doing so will not only generate passive income for you, but it will also help keep costumers from leaving your place of business. Do you want to know why an ATM is a smart move for your business? Scroll down below.
Why Install An ATM Machine For Your Business?
As mentioned earlier, when you install an ATM machine in your business area, you make it easier for customers to cash money out of the automated teller machine and buy what you offer quickly. The majority of costumers don’t carry a lot of cash so they tend to go get money from a nearby ATM and never get back, because most of them find something better to buy, lose the urge to purchase or simply, they forget to return.
Consumer Psychology
The speed with which costumers buy your products will significantly contribute to the expansion of your business without making any efforts and increase your sales. A business is not only about selling the right product and have a store in the right location; you have to use costumer psychology so you can strategically increase your business.
Fees of Transactions
An on-site ATM allows you to generate passive income through fees of transactions made by people. Consider it like an added bonus. For every withdrawal made, you can make a small fee that you can later use to grow your business. Options you choose when getting an ATM Money Machine installed will determine how much of the profits you get to keep.
Reduce Credit Card Processing Fees
Some business owners are concerned about the amount of money spent on credit card merchant services, but do not want to pass along credit card fees to the customers. If you install an ATM machine for business, you will encourage customers to pay in cash which will lower the credit card processing fees you have to pay.
Fight Checks
If you accept checks, you can end up with uncollectible bad checks. If you install an ATM machine in your business location, costumers are more likely to withdraw money to pay for products or services rather than write checks.
Consumers Will Spend More Money
If your type of business requires that costumers have cash, they can easily grab it from the ATM you have installed nearby. This will make them pay more likely to use your products or services AND they are more likely to spend more than they would have spent had they not been able to access some extra cash.
Everyone is Your Customer
If you have an ATM placed on the doorstep of your business place, you will attract additional foot traffic. In other words, everyone who is just passing nearby in search of an ATM will stop and withdraw from yours. You never know, while they are standing there, they might see something they like and end up buying as well.
The Best Company for ATM Machines Installation
McWhorter ATM Services is a fast-growing company that offers the best services and advantages when it comes to the installation of ATMs for businesses. We’re more than your vendor of choice, we’re your best resource for increasing your revenues. Our years of experience has allowed us to help hundreds of businesses make more profit than they imagined.
We are one of the few companies that offer FREE ATMs for business owners. All you have to is give us a call and ask us if you qualify for an ATM for your business. The experience we have gained in our years of work enable us to assess a business and figure out if an ATM can be an asset or a liability for you. Both the location and type of your business will determine if an ATM installed for your business is a good financial move.
Installing an ATM machine if you have one of these businesses could definitely be what you are looking for:
- Hotels
- Restaurants
- Cinemas
- Gas stations
- Gaming areas
- Convenience Stores
Our processing fees are the lowest on the market. All across the United States, you will find no better. If you can get your ATM Machine installed in your business for free...that's even better!
We are located in Alabama but we offer our services nationally. Give us a call at 800-975-1764. We will be happy to see what we can do to help you grow your business.