Business Leader Radio Features AVT Founder and Chairman Shannon Illingworth
Jan 04, 2013 (Close-Up Media via COMTEX) --
AVT Founder and Chairman Shannon Illingworth was featured on Business Leader Radio, a news program.
According to a release, Illingworth said, "It's our team. We all understand the value of focus, perseverance and teamwork. We are a team of high performers."
In 2001 he started a new type of a vending company, with a system that dispensed hot foods.
Illingworth's attention was soon drawn toward creating new systems that could sell retail products of all kinds. He was approached by Quiksilver, who wanted to sell board-shorts out of a vending machine by the pool at the Standard Hotel. Illingworth and his team created an automated system that sold board-shorts, sunglasses, suntan lotion, swimsuits and waterproof cameras.
"The future is in these micro-stores," Illingworth said. "Now a business or retailer can increase distribution points and have a store virtually anywhere, such as an airport, a college campus, a hotel, a mall, a military base, or anywhere that people congregate.
"Automated retailing is the solution, and provides both a low cost of entry and a rapid return on investment."
Host Wade Taylor said, "There are very few limits to what's possible through automated retailing. People want 24/7 convenience, and that's what you give them."
Companies like Walmart may soon have their DVDs and video games available in an automated machine, instead of the current system of locking them up and requiring employee assistance to open the case.
"It provides better convenience for the customer and lower employee costs for the store," Illingworth said. "It's a win-win for everyone.
"We create unique retailing experiences for consumers and innovative solutions for brands and business owners." And as proven by the company's rapid and sustained growth, the future for AVT looks bright, indeed.
AVT, Inc. is a developer of automated and self-service retailing systems.
To listen to the interview, Part One:
To listen to the interview, Part Two:
((Comments on this story may be sent to email@example.com))
[ Back To Technology News's Homepage ]