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How AI Is Disrupting Vending and Creating a New Franchise Model with Jeff Marsh of SmartMarket Solutions

How AI Is Disrupting Vending and Creating a New Franchise Model with Jeff Marsh of SmartMarket Solutions

Episode 99 Published 1 year, 1 month ago
Description

Episode 99: On this episode of Pursuit of Profit, Cliff talks with Jeff Marsh, founder of SmartMarket Solutions. Forget the days of dusty snack machines in break rooms. Jeff's building a modern tech enabled retail solution powered by AI vision. These are AI powered unattended micro retail units, offering fresh food, drinks and dry goods in high traffic locations. He's helping entrepreneurs launch flexible, scalable businesses with no employees, no franchise fees, no royalties, no long-term real estate commitments, and really no rules. Find out what the best part about being a SmartMarket entrepreneur is... take a listen!

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Timestamps:

00:00 - Intro

02:15 - Vending vs. AI convenience store

09:26 - Technology

12:07 - Why franchise

17:08 - How do you make money (Item 19)

24:03 - Financing a business

26:37 - How does SmartMarket earn revenue

29:46 - How do the machine owners earn extra money

36:32 - Validation data

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Links:

SmartMarket Solutions

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