A convenience store is, as the name implies, made for customer convenience. People visit these stores, not only for snacks, milk and eggs, but also to use instore ATMs, key cutters, coin counters or other machines. Because, well, they’re convenient. But you already knew that, whether you own a C-store or just shop at them.
Convenience stores have been around since the 1920s, with explosive growth in the ‘50s. But ATMs were only invented near the end of the 1960s. So obviously, convenience stores did not always have ATMs in them. That development followed consumer demand for quick and easy access to their cash right in the store.
In fact, it’s demand that puts nearly every item in a convenience store. Each square foot is valuable, and the limited space is reserved for products and services that actually make money.
Well, guess what? There’s a new demand on the rise. People want a fast and easy way to trade cash for digital currency (like Bitcoin) and vice versa. Since its first spike in popularity, the use of Bitcoin has only continued to go up, leading to advocacy from both the average person and big name celebrities such as Elon Musk, Kanye West, Mike Tyson, and Tony Hawk. Along with its rise in popularity came the rise in demand for more and more convenient ways to trade it.
This is where DCMs come in. Digital Currency Machines allow digital currency traders to quickly and conveniently trade their cash for DC or their DC for cash. Coin Cloud is the world’s leading DCM company and accounts for the majority of the world’s two-way machines. As the popularity of digital currency increases, so do Coin Cloud users.
So, if you’re the owner of a convenience store, why is this relevant to you? Well, a lot of convenience stores already have DCMs in them, and for good reason. Coin Cloud DCMs are a great example of both convenience and quality (and who doesn’t want that in a convenience store?).
Beyond just the sentiment of convenience, a Coin Cloud DCM brings a plethora of benefits to your store:
These machines bring traffic into your store. People are now looking for DCMs near them to trade their virtual currency. With the ever-expanding and attention-grabbing nature of digital currency, DCMs keep drawing people like magnets. This is extremely beneficial to your store, just like your other popular offerings.
So the machine brings people into your store. The real question is, does it keep them coming back? Luckily for both of us, the answer is yes. When competing with other convenience stores, one of your biggest edges is having something people need that other convenience stores don’t provide.
Because your store has a DCM in it, instead of just going to the store that’s closest to them, customers will deliberately seek out your location to use the machine there (and will probably buy something else while they’re at it).
Once a Coin Cloud machine is installed in your store, you literally don’t have to do anything. No, I’m not kidding. Coin Cloud takes complete care of any maintenance required. This machine takes almost no time from your staff, while actively bringing traffic into your store.
What’s the best part of all this? You don’t have to pay a cent. Seriously — nothing, zip, zero, nada. Not a dime out of your pocket. Your store receives free foot traffic, returning customers, and on top of that, free marketing.
Yep, Coin Cloud refers its callers, website visitors, app users and Google searchers to their nearest DCM. This gives your store multiple new streams of advertisement (all for free!). On top of all of that, Coin Cloud even pays you for the small amount of space our machines would take up in your store.
Really there’s no reason you wouldn’t want a DCM in your store. They bring in traffic, provide free advertising, keep customers coming back, and they do it all while paying you. Let us know if you would like to host a Coin Cloud DCM in your store.
Disclaimer: The information and views supplied on the Coin Cloud blog are for educational and entertainment purposes only. We are not financial advisors, so please do your research and consult with a trusted financial specialist before investing your money.
Founded in 2014 in Las Vegas, Nevada, Coin Cloud is the leading digital currency machine (DCM) operator. With over 4,500 locations nationwide, in 48 states and Brazil, Coin Cloud operates the world’s largest and fastest-growing network of 100% two-way DCMs, a more advanced version of the Bitcoin ATM. Every Coin Cloud DCM empowers you to quickly and easily buy and sell over 40 cryptocurrency options with cash.
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