When it comes to placing an ATM machine in prime locations, it’s important to consider factors that ensure you highlight its accessibility for all types of customers. One of the best ways to do this is to place the ATM machine near the main entrance, in a highly-traveled area, or in a place where people typically go to get money on a daily basis.
As with any other business venture, location is key. For example, if you’re placing an ATM in a city that’s largely populated by senior citizens, you’ll want to put it in a location where there are a large number of other services for their benefit. Places like a senior citizens’ center, senior housing complex, or even a bank with a drive-through that also caters to people on foot are all ideal locations.
The Ideal Locations for Placing ATM Machines
1. Casinos
?Cashing out money is very important in casinos, especially if you’re of the high roller variety. It’s not uncommon for high rollers to lose several thousands of dollars when playing in casinos, and the only way they get it back is in the form of cash. These players prefer to have money on hand so they can play for longer and keep their streak going.
The next time you’re in a casino, look around and try to spot the ATM machine. Chances are, it’s near the counter or a window that’s used for cashing out.
2. Convenience Stores and Gas Stations
If you’re on the hunt for a cash dispenser that will have a lot of traffic, look no further. Convenience stores are a great place to put an ATM machine because people often visit these locations to purchase food and other daily necessities.
Also, put an ATM at a gas station because these places usually stay open longer and sell non-food items that people need. The more versatile and diverse you can make an ATM machine, the more customers will use it.
3. Restaurants
Restaurants are another great place to put an ATM machine, especially those with a bar. The more people you attract, the more money you’ll make. People who go to restaurants typically have cash on them, and they’re usually willing to part with it to purchase food and drinks.
The ideal locations for an ATM machine at restaurants are at the hostess or front desk, or near the bar.
4. Shopping Malls
Shopping malls are also a great place to put an ATM machine. People who shop at these establishments are typically in a spending mood, and a cash dispenser is a perfect thing to make them happy. The more people who visit the mall, the better. The ideal locations for an ATM machine at a shopping mall are inside department stores and near food courts.
The Bottom Line: Plotting Out Where to Place ATM Machines
Once you’ve narrowed down your options to the best locations for putting ATM machines, start plotting out where to place them. Also, plan your marketing strategies accordingly, and estimate how much money you’ll be making each month. If you’re serious about putting an ATM machine in your business, it’s time to make the move.
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