Hello and welcome to the Parlevel guide on How to Start Your Micro Market Business! My name is Jayce
Kalmbach, and I’m the Director of Sales here at Parlevel. Over the years, we have consulted
hundreds of companies on how to find success with micro markets, and we want to give you the same
valuable insights. In this series of videos we will answer common questions, provide proper
guidance, and showcase examples that will help you start your very own micro market business.
So what are micro markets, and why should you be interested?
Micro markets are an unattended retail service that offer diverse products right where customers
need them. A mixture of displays, coolers, and kiosks combine to offer a convenient,
self-checkout solution. Through micro markets, you can sell high-margin items like fresh food,
snacks, drinks, and even everyday necessities like milk or paper towels.
Micro markets work best in places with repeat visitors like office buildings,
workplaces, government buildings, and more. Micro markets are similar to vending machines,
but offer you the potential for a wider range of products, more lucrative locations, and an
overall more profitable business. For example, an average 4 machine vending bank can generate
monthly revenues of $1,400, while a micro market brings in average revenues of more than $4,000.
Due to this huge money-making potential, micro markets are all the buzz in the
unattended retail space. Micro markets account for $1.7 billion of industry sales
and micro market placements grow every year - with over 26,000 active micro market locations.
Getting started with micro markets is easy - the barrier to entry is low. Anyone can
find locations, install equipment, and service locations to make money on this growing trend.
But, you need to know what you’re doing. Join us on this video series,
and show you how to make money and find success by starting your own micro market business.