4 Clear Cut Examples of Automated Business Systems

4 Automated Business System Examples

Many historical science fiction authors imagined a future with robot servants, mass computerization, and trips to space. While some predictions were entirely off the mark, others eerily came to pass.

Regardless of the prediction, each author imagined a future in which digitization and automation were the norms. And all of them were correct in doing so. While people are still waiting for their robot servants, artificial intelligence and machine learning are critical aspects of modern-day living. From social media to cell phones to emails, the way in which people communicate and deliver information is entirely automated and computerized.

No entity has experienced rapid transformation due to automation quite like the business world. Organizations across the globe no longer computerize a few manual processes but are implementing entirely automated business models.

Companies like Amazon, Google, and Facebook are entirely online and digital. Traditional businesses such as restaurants and retailers have automated most of their processes to save time, money, and maintain a competitive edge.

Furthermore, automation has opened up new opportunities that were never possible before. Employees communicate from anywhere, managers automate scheduling processes, and owners use reporting tools to make better decisions. The possibilities for innovation, growth, and improved processes are endless when it comes to automation.

Read ahead for other top examples of automated business systems in the digital age.

1. ATM Automated Business

Automated teller machines are one of the more popular forms of computerized business systems. Entrepreneurs can purchase ATMs and place them in calculated sites. They are typically found in high-traffic areas where consumers require access to cash. For example, many ATM business system owners place their machines in gas stations, shopping malls, hotels, and groceries.

When a customer retrieves his/her cash, they have to pay a fee that goes to the ATM owner. This is an easy and passive way to retrieve income, as there is little upkeep and no customer service required. The machine does need to be filled with cash every once in a while, though busy ATM owners hire 1-2 employees to do it for them.

What to Know About the ATM Business Model:

• The average ATM surcharge is $2.50
  
• Consumers use ATMS at least 3.8 times per month to retrieve gas
  
• 40% of people use an atm 8-10 times per month
  
• The average ATM is used 300 times per month
  
• 24-hour convenience stores are the number one place to put ATMS, as they generate approximately 3,000 transactions per month.
  

2. Website Automated Business

Millions of entrepreneurs have established online businesses; another type of automated business system. It's simple to earn a passive income with an online business, depending on the scope and type of product sold.

For example, infopreneurs try to sell data to users who visit a specific website. In doing so, there is no requirement to sell or send an actual product because everything is automated. To illustrate, an infopreneur may sell software on a specific webpage. The software is then immediately sent to the customer who purchases it.

3. Publishing Automated Business

Another great automated business system is online book publishing. Individuals can sell any traditional or e-book online, and the publisher automatically sends out the book to the customer.

For every book that a customer purchases, a royalty goes to the author. Though the profit margins are on the low for this type of automated small business, they do add up. If the author sells a large volume of books, it will compensate for any fees paid to the publisher or other advertising expenses.

Must Know Automation Stats:

• 62% of organizations have up to 25% of their business model automated
  
• Only 2% of organizations have all automated processes
  
• The robotic process automation market will grow 40% by 2027
  
• Experts believe approximately 60% of jobs could be fully automated
  

4. Drop Shipping Automated Business

Nowadays, many entrepreneurs are starting drop shipping automated business systems. An individual sells a specific item online and then enlists a drop shipper to fulfill the order.

For instance, small business owners who sell items on Amazon will allow Amazon to take charge of delivery and packaging. The customer purchases the item and the drop shipper does all of the work in the warehouse. This way, the entrepreneur never needs to worry about shipping any of the products he/she sells, and there is still a regular, passive income.

Key Takeaways of Automated Business Systems

In conclusion, here are the top examples of automated business systems -

• An ATM business system is where an entrepreneur purchases a set of ATMs and places them in specific sites. A passive income is earned from the fee charged to the customer when he/she withdraws cash. The ATM owner will need to refill the ATM with cash every so often or can hire someone to do it.

• An online automated business system occurs when individuals sell data to online visitors. They don't need to send an actual product because everything is on autopilot.

• Many authors automate their book sales. Customers purchase the book through a website, and royalties are paid to the author after each book is sold. Though profit margins are on the small side, a high volume can make up for any expenses or profit losses.

• Drop shippers are another type of automated small business. Individuals sell products online and a drop shipper fulfills the entire order. There is no need to send anything to the customer or provide any sort of customer service. The drop shipper is responsible for all of the boxing and shipping.