The Legend In Coin Flow - Case studies Laundry operators employ various multi-coin acceptance formats - Imonex
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The Legend In Coin Flow ® Case studies Laundry operators employ various multi-coin acceptance formats tailored to their individual markets and management goals enhancing both the customer experience and their bottom line.
Dollar Coin / Quarter @ Attended Laundry Case Study: Laundry Basket Location: Washington, D.C. Laundry Owner: Ron Kabran Operation: Fully-Attended Dispense Format: Dollar Coins and Quarters Multi-Coin Acceptance: Dollar Coins and Quarters Imonex Customer Since: 2014 “F lexibility— that’s the key,” says Ron Kabran. “It’s a nice feeling not being tied to a collection schedule.” The routine of this seasoned veteran isn’t tethered to money vaults ready to overflow with quarters after a few days’ time following his switch to dual coin acceptance bringing higher denomination dollar coins into the vend mix at both washers and dryers. Growing up in the family coin-op biz during the heydays of ’60s and ’70s, Kabran knows a thing or two about transitioning from dimes to quarters and, more recently, to dollar coins. He understands customers are creatures of habit, gravitating to multi-load washers and spending what’s dispensed at the changer. To reduce coins but maintain quarter-increment pricing options at his two Laundry Basket coin-ops in the nation’s capital, a mixed dual hopper payout of dollar coins and quarters — backed by a twin hopper dollar coin dispenser, as well as a dedicated floor changer to break $1 coins into 4 quarters — are employed to facilitate the flow. With dollar coins circulating throughout the store Kabran still collects, just not as often. And, for his loyal clientele, a welcome change. “Not having to put 28 quarters into a machine — it was ridiculous,” he says.
Dollar Coin / Quarter @ Attended Laundry Case Study: west morton express Location: Jacksonville, Illinois Laundry Owner: C.J. Flynn Operation: Fully-Attended Dispense Format: Dollar Coins and Quarters Multi-Coin Acceptance: Dollar Coins and Quarters Imonex Customer Since: 2012 “I t’s easier to put in 6 to enhance the customer them more familiar with the dollar coins than 24 experience and reduce the usage of the dollar coins,” the quarters,” remarks frequency of her collections at veteran owner explains. C.J. Flynn, who operates West the full-service facility. Morton Express Cleaners Her public relations effort has & Laundromat located in To better acquaint traditional paid off, with more of the higher Jacksonville, Illinois, just west quarter-only laundry patrons denomination coins making of the state’s capital Springfield. with the simplicity of fewer their way into the machine coins to start the store’s high money boxes. Flynn’s move to dollar coin/ capacity washers, Flynn’s quarter dual acceptance on staff engages first-timers in “It helps collecting dramatically,” the store’s lineup of 12 front conversation during their visit. she reports. “You don’t have to load washers was designed “My attendants go out to make do it as often.”
Dollar Coin / Quarter @ Attended Laundry Case Study: Maytag just like home Location: Bourbonnais, Illinois Laundry Owner: Bruce Page Operation: Fully-Attended Dispense Format: Dollar Coins and Quarters Multi-Coin Acceptance: Dollar Coins and Quarters Imonex Customer Since: 2014 Enhancing the customer experience at the coin drop was a top priority for Page, who was seeking “the easiest payment system” for front load washers topping out at 60-lb. capacity and commanding $6 vends. Following installation of Imonex single inlet $1/25¢ coin drops, customers could opt to deposit just six $1 coins instead of W plunking in a burdensome 24 quarters. hen Bruce Page caught wind of a new loyalty card-operated laundry breaking Transitioning to a dual coin format received ground across the street, he used the “total acceptance,” the operator reports, made all lead time to kick off his quarter-only store’s the more easier by mixed change dispensing and top to bottom modernization with upgraded keeping whole dollar as well as quarter-increment machinery, a new automatic front door entryway, vend price flexibility in place at the 30 washer/40 eye-catching décor, and an easier way to pay for tumbler pocket laundry. washers and dryers with higher denomination dollar coins. The strategy paid off, and Maytag Page’s weekly collections reflect customer Just Like Home Laundry remains a formidable habits: “The larger the machine, the higher the competitor to the newer kid on the block. percentage of dollar coins that are used,” he says.
Dual Coin / Dual Token @ Partially-Attended Laundry Case Study: Laundry Express Locations: Eau Claire and La Crosse, Wisconsin Laundry Owner: Richard Warner Operation: Partially-Attended Dispense Format: $1 / 25¢ Coins & $1 / 25¢-valued Tokens Multi-Coin Acceptance: $1 / 25¢ Coins & $1 / 25¢-valued Tokens Imonex Customer Since: 2009 F ormer quarter-only of his La Crosse, Wisconsin, operator Richard Laundry Express was duplicated Warner’s desire for three years later in nearby Eau non-cash refunds, marketing Claire during rejuvenation of the Tokens account for opportunities, and a credit 61-machine venue. approximately 15% of card option led him to initiate transactions, Warner reports. dual coin and dual token Twin multi-denomination In addition to patrons, a county acceptance at both a new and changers dispense a dollar agency regularly makes bulk rehabbed laundry. Successful coin and quarter mix, while purchases to assist the needy. implementation of the multi- a dedicated token dispenser coin format at the 2009 debut pays out a blend of dollar- and The veteran owner considered quarter-valued tokens card systems, but opted for for $5, $10 and $20 tokens as an economical bills at the same ratios. alternative and, more importantly, to provide his Proprietary paper customer base a payment “token notes” in $2 format that followed a familiar and $5 denominations transactional experience — redeemable at handling coinage. Warner says the dispenser — the transition from quarter-only are strategically to dual coin/dual token “wasn’t employed for refunds, a difficult learning curve for seasonal promotional patrons,” adding, “For right now, mailings and in-house I think what I’ve got is working customer appreciation about as good as it can for my campaigns. market.”
Dollar token / Quarter @ Attended Laundry CASE STUDY: IN & OUT LAUNDROMAT Location: Lowell, Massachusetts Laundry Owner: Jack Lanning Operation: Fully-Attended Dispense Format: Dollar-valued Tokens and Quarters Multi-Coin Acceptance: $1-valued Tokens / Quarters / $1 Coins Imonex Customer Since: 2015 “W ith tokens you’re holding to an equal 16-16 making money dispense mix for $20 bills. from the get-go,” smiles Jack Lanning, whose 24 On the other side of the front load/24 tumbler laundry coin, to help encourage was designed with multi-coin token circulation during capability in mind. He looked In & Out Laundromat’s into proprietary card systems infancy, dryers were before opening the store, but programmed offering nixed the idea after running bonus minutes for the numbers on the high cost of $1-valued token insertions. entry. With token patronage ramping up and high A dollar-valued token/quarter extract washer loads mixed payout from twin dual requiring shorter tumbler hopper bill changers eventually cycles, the bonuses got the nod from the first-time were phased out. Dryer operator. promotions carried on with half price “Happy Hour” Desirous of minimizing specials on selected days. token refund requests while maximizing patronage of The genial owner and his incremental-priced wash cycle staff greet newcomers modifiers, Lanning tweaked with a handy token tote the “80/20 Payout Rule”. He when they step up to the found his sweet spot in this dispensers. And with Massachusetts market by paying one token-coin hybrid out more quarters than dollar- comfortably under his belt, valued tokens for $5 and $10 it’s on to Store Number Two bill changer transactions, while for Lanning.
DOLLAR COIN / DOLLAR TOKEN @ PARTIALLY-ATTENDED LAUNDRY Case Study: CHEETAH SPEED LAUNDRY Locations: Mobile, Alabama Laundry Owner: Linh Nguyen Operation: Partially-attended / 24 hours Dispense Format: $1 Coins / $1 Tokens Multi-Coin Acceptance: $1 & 25¢ coins / $1-valued Tokens Imonex Customer Since: 2017 M ulti-store operator Linh Nguyen streamlines payment and keeps credit card costs in check at his growing Mobile, Alabama, chain by employing dollar coins and dollar-valued tokens. Nguyen embraced dollar coins early on, but held off implementing whole dollar vend pricing With his drops having built-in token capability, when side-by-side designed drops failed him. Nguyen expanded changer banks with a one-stop Discovering Imonex’s single inlet solution credit card-to-token dispensing option. “It’s an convinced him to move forward and retrofit. alternative way to offer credit card payment to customers without paying a huge credit card fee,” The savvy operator favors a variety of machine the owner says. “The most important thing is brands and capacities at Cheetah Speed Laundry you don’t have to maintain and repair a bunch of to keep things running fast. Adapting new readers. One token machine can compete with 40 acceptors was completed in short order by to 50 credit card readers.” Nguyen, who installed the quarter/dollar plus dollar-valued token drops on everything from top loaders to large tumblers.
Quarter token / Quarter @ Partially-Attended Laundry Case Study: Clean Laundry Locations: Waterloo, Iowa Laundry Owners: Phil and Ethan Akin Operation: Partially-attended / 24 Hours Dispense Format: Quarter-valued Tokens and Quarters Multi-Coin Acceptance: 25¢-valued Tokens / Quarters Imonex Customer Since: 2014 W hen tokens first rolled Ethan to debut the first into self-service of a string of venues that laundries back in the lose the suds but keep the 1980s Phil Akin embraced the clean — and the tokens. format like no one else. His iconic 121-unit Duds ’n Suds Front and center at theme store chain gave the Clean Laundry is a industry a much-needed shot bank of multiple token in the arm with its “Good Clean dispensers and coin Fun” formula of bleach and beer. changers where patrons Now, after a decades-long hiatus, can opt to receive quarter- he has joined forces with his son valued tokens using cash and credit/debit cards or, alternatively, get traditional quarter payouts to do wash and dry. To encourage token circulation, the Akins offer bonus payouts of four and eight extra tokens on $10 and $20 transactions, respectively, with bill insertions The younger Akin, who oversees or card swipes. Clean Laundry’s day-to-day operations, reports that tokens All 34 front load washers and boost transactions at washers, matching dryer tumbler pockets dryers and vending machines are fitted with Imonex multi- throughout the store, noting coin-ready acceptance drops to “tokens make customers feel like accommodate insertion of both they’re getting a deal because of coins and tokens. our discounts.”
Dollar token / Quarter token @ Attended Laundry Case Study: super suds Location: Long Beach, California Laundry Owner: Aaron Simmons Operation: Fully-attended Dispense Format: Dollar-valued and Quarter-valued Tokens Multi-Coin Acceptance: Dollar-valued and Quarter-valued Tokens Imonex Customer Since: 2014 I nside this 8,000-square-foot Tokens also play a role in Super SoCal mega store customers Suds’ Rewards Program, where and a team of drop-off points can be redeemed for free laundry specialists activate all wash and dry cycles. 185 machines exclusively with customized brass $1-valued and Simmons says converting 25¢-valued tokens. from an archaic quarter- only payment format to dual This high volume, full-service token acceptance is a game facility regularly processes over changer. “Our customers a half-ton of wash-dry-fold greatly appreciate the ability laundry orders on a daily basis to use the $1 tokens to start with no cash bank — strictly our larger machines as it saves tokens — enhancing employee them a lot of time, frustration, safety and security, especially and the need to carry around a during the overnight work shift. huge handful of quarter-valued tokens. As a laundry owner, I Tokens are available through see my staff taking less time to bill changers and a dedicated start machines and more time credit/debit card acceptance to spend processing our wash dispenser for the convenience and fold orders. I also benefit machines as often or empty the of cash and non-cash carrying in time savings by not having to coin boxes on our washers and patrons. fill the hoppers on our change dryers as frequently.”
Dollar coin @ unAttended Laundry Case Study: washin oxford Location: Oxford, Alabama Laundry Owner: Ken Barrett Operation: Unattended / 24 hours Dispense Format: Dollar Coins Multi-Coin Acceptance: $1 & 25¢ coins /$1-valued tokens Imonex Customer Since: 2012 P atrons washin’ at this token giveaways to local unmanned round- law enforcement personnel, the-clock Alabama has kept this Alabama town laundry won’t find any how-to buzzin’. instruction signs spelling out Dollar-valued tokens are Ken Barrett’s self-described also utilized for customer “Dollar Coin Mostly” format. refunds and redeemable That’s because this savvy chain at all of Washin Oxford’s operator kept things simple multi-coin capable and intuitive for English and machines. And when Spanish-speaking clientele collection day rolls around, when he built out his latest sorting of the “Dollar store. Coin Mostly” bucketfuls Customers are self-guided by is handled efficiently with LED displays counting down a high speed, compact the coins inserted into any counter/offsorter placed of the 23 front loaders and on a tabletop in the back 20 full-cycle vended dryer room. “My sorter saves a tumblers conveniently priced lot of time and gives me an in whole dollar amounts. His accurate count of how much dual hopper $1-$20 bill changer was actually put in the dispenses only $1 coins and machines each week, ” the requires no payout sign. And operator notes. those stoppin’ by with quarters in hand for washin’ and dryin’ Barrett has embraced multi- can step up to deposit those coin acceptance at his other small denomination coins as Alabama stores as well. “I well in the single inlet Imonex think the best part is not multi-coin-ready drops featured worrying about being a few on all machines. days late for the normal collections. Flexibility A Grand Opening raffle drawing is why I got into this with prizes of up to $100 in industry,” he says. “That golden brass dollar tokens, as unexpected busy weekend is well as free multi-pack laundry never a problem for me.”
Dollar Coin / Dollar Token @ Unattended Laundry Case Study: Peanuts Location: Augusta, Georgia Laundry Owners: Steven Dawkins and Casey Norman Operation: Unattended / 24 hours Dispense Format: $1 Coins / $1 Tokens / Secondary Quarters Multi-Coin Acceptance: $1 & 25¢ coins / $1-valued Tokens Imonex Customers Since: 2006 S teven Dawkins enjoys more coin changer time atop a Harley with programmed wife Beth while his Peanuts to pay out Coin Laundry customers cruise dollar coins through vends thanks to shifting for $1-$20 gears to higher denomination bills, and four coins and tokens. quarters if a dollar coin is Dawkins, who started with subsequently a lone self-service coin-op/ inserted into car wash tandem 17 years ago, the changer’s throttled up recently when son- coin slot. in-law Casey Norman joined in to expand operations to six Patrons laundries and four car washes. walk in with Their early experiences in the quarters, bills, wash bays convinced them to or credit/debit clientele’s patronage of dollar- install over 200 Imonex multi- cards and can activate 35 whole valued tokens offered alongside coin acceptance drops into dollar-priced washers and 42 $1 coins. “You’ll see them walk all of the newest unattended quarter-increment-priced dryers right up, swipe their card, hit stores built from the ground up, seamlessly using coins or tokens the button, get the tokens, and including the latest in Augusta, — without staff assistance. go back to the machine — they where coinage is minimized and Three months after debuting, figured it out.” credit cards welcomed. token transactions at this 24-hour store were up to 25% The partners desired both of total revenue and growing. multi-coin and credit card The single step card-to- acceptance at their most recent token option helps cash- venue, but without the sky strapped customers obtain high price tag. Their answer: high denomination laundry Imonex dollar coin/$1-valued coinage without ATM fees, token/quarter-capable coin Dawkins notes. drops fed by a single-point, dedicated card-enabled token “I was kind of shocked. I dispenser mounted alongside a thought we’d have to train dual validator, four-hopper bill/ them,” Dawkins says of his
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