Coin-Op 101

The how-to's of running a coin-op.

Coin-Op 101: Store Owners Share Their Strategies for Success (Part 1)

RIPON, Wis. — A national essay contest sponsored by Speed Queen® last spring invited store owners to share their success stories and tout tried-and-true marketing strategies.

From California to Connecticut, more than 50 store owners from across the country submitted their stories. In this month’s Coin-Op 101 column, three entrants share their insights on edging out the competition exclusively with American Coin-Op readers.

Q: Describe your background and store(s) demographics.

Replace Equipment, Increase Profits (Conclusion)

RIPON, Wis. — When considering the case for replacing outdated equipment, remember that the initial investment, while not insignificant, can be quickly offset by an increase in profit. New energy-efficient machines can save thousands in utilities, improve customer satisfaction, and help decrease downtime and repair expenses. And the new equipment will continue to help boost the bottom line long after it has paid for itself.

Replace Equipment, Increase Profits (Part 1)

RIPON, Wis. — When considering the case for replacing outdated equipment, remember that the initial investment, while not insignificant, can be quickly offset by an increase in profit. New energy-efficient machines can save thousands in utilities, improve customer satisfaction, and help decrease downtime and repair expenses. And the new equipment will continue to help boost the bottom line long after it has paid for itself.

Do’s and Don’ts of Coin Laundry Preventative Maintenance (Conclusion)

RIPON, Wis. — A store’s vended laundry equipment could have all of the bells and whistles, but if not properly maintained, its benefits will fall silent. For owners looking to exceed customer expectations, reduce utility costs and avoid bigger maintenance issues, adhering to a preventative maintenance program is essential.

With distributor service schools, manufacturer call centers and suggested maintenance schedules and the boundless information found on the World Wide Web, one can set up a preventative maintenance program with ease.

Do’s and Don’ts of Coin Laundry Preventative Maintenance (Part 1)

RIPON, Wis. — A store’s vended laundry equipment could have all of the bells and whistles, but if not properly maintained, its benefits will fall silent. For owners looking to exceed customer expectations, reduce utility costs and avoid bigger maintenance issues, adhering to a preventative maintenance program is essential.

With distributor service schools, manufacturer call centers and suggested maintenance schedules and the boundless information found on the World Wide Web, one can set up a preventative maintenance program with ease.

Laundromats in the Digital Age

RIPON, Wis. — Wireless technology. Card payment systems. Wash alerts via e-mail. This isn’t your average, run-of-the-mill, mom-and-pop Laundromat anymore. Welcome to the future of Laundromats in the digital age.

The advancements in technology, and the way in which Laundromats operate today, has changed significantly during the last 20 years, or even the last two years.

With millions of Internet users, technology innovations and advancements with wireless networks, to name a few, the laundry industry has adjusted to a more sophisticated investor and tech-savvy customer.

Making New Year’s Resolutions for Your Laundromat

RIPON, Wis. — The New Year is here and individually we are all setting personal resolutions. As a small-business owner, it is just as important to set business resolutions, or goals. These short-term and long-term goals are a vital part of ensuring business growth and measuring success.

There are several different categories Laundromat owners should consider when setting goals to create a well-rounded and comprehensive plan for 2014.

EQUIPMENT

When considering equipment goals, owners can begin by answering one simple question: What keeps you up at night?

Seasonal Changes Bring New Customer Opportunities (Conclusion)

RIPON, Wis. — As the final leaves drop from the trees and the first frost appears, how should Laundromat owners adapt operations for the upcoming season? Each different time of year brings new opportunities for a Laundromat’s success, but the trick to maintaining a constant flow of customers is to change with the seasons.

ADAPT TO LOCAL INDUSTRIES

In addition to adapting to the ebb and flow of tourism seasons, store owners can look to local industries to increase off-season customer traffic.

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