Card Operated washers and dryers are a great way to save time, money and increase your revenue.
When deciding between coin vs card op laundry equipment, it’s important to look at the pros and cons of each model and take a good hard look at your demographic. What are their needs? What are their preferences? Modern card op washers and dryers are the wave of the future and carry a lot of benefits for you and your tenants. Their advanced technology offers a lot of features that allow you to customize your machines and easily adjust your pricing. Remote access makes laundry a convenience for everyone and it’s one that your tenants will happily pay extra for. Here are five reasons why card operated washers and dryers are a great investment.
1. Save Time and Money
Time is money. Why not save both with contemporary energy efficient card op washers and dryers. As a property owner or manager your hands are already full. Add an onsite laundry amenity to the mix and you may find yourself strapped for time. With card op commercial laundry equipment there is no more need to collect and count coins and no need for costly coin machines. With the removal of coins there is less of a security risk, as you will not have any cash or coins onsite. All auditing is done automatically and accurately freeing up your valuable time and energy.
2. Pricing Flexibility
Switching out your coin operated machines will take a bit of investment but it’s well worth it when you see how easy it is to adjust your vendor prices and charge a little extra to offset your pricing. With the constant fluctuation in utility costs, unexpected repairs, and service and maintenance, it is understandable that you may have to increase charges here and there. With coin operated machines you are constrained to twenty-five cent increments, whereas with card operated machines you can increase or decrease prices as little or as much as you’d like a few cents at a time.
3. Increase Profits
Your patrons will gladly pay more for new, technological card op washers and dryers. These modern machines contain customizable laundry cycles, larger capacity washtubs, and smartphone application access. With these updated features your tenants will understand a little price increase. Another interesting fact is that patrons are likely to pay or purchase more when they pay with a card than when they pay with cash. Offering your residents the option to upgrade to more efficient wash cycles with just a click on the screen is an excellent way to upsell your product. You can also offer reward points, promotions, or incentives for loyal customers.
4. Remote Access to Equipment
Card operated washers and dryers come equipped with remote access for you to easily monitor your laundry facility and interact with your tenants. Track residents’ usage through smart technology and take note of peak hours and popular wash cycles. Use this information to adjust charges, offer ‘happy hour’ prices or discounts. Through the smartphone application, residences can also send you notifications on machines that are down or in need of servicing, allowing you to address issues more quickly.
5. Convenience for Your Tenants
One of the biggest differences between coin vs card op laundry equipment is the convenience card operated machines bring to the table. As cash is becoming more obsolete and most transactions are done by card, less people are carrying around cash. The ability to pay with a card or smartphone application is a preference of many and it will allow you to connect with younger demographics. Take for instance, the integrated system by Speed Queen, which allows patrons to pay for their usage and track their laundry using a simple application. Tenants can receive notifications on available machines and alerts when their laundry has finished.
Buy or Lease Coin Operated Washers and Dryers
Upgrading your onsite laundry facility to card operated commercial laundry machines is easy and affordable when you partner with a dependable distributor. Commercial Laundries has top of the line equipment from, Maytag, Speed Queen and Whirlpool at affordable and competitive rates. You may also want to consider leasing commercial laundry machines if on a strict budget.