Should Coins Be Extinct? S3 E41 Laundromat Millionaire Show

Too many times the "Payment System Discussion" is limited to only "Coins or Cards". Let's think outside of the box! There are cheaper options that will still increase both owner and customer convenience. Listen as Dave shares his guidelines for when to switch from Quarter to Dollars and even to Hybrid and Card Only Payment Systems.Referenced Links:H-M Company Drain Troughs: https://draintroughs.comLink to get Atmosphere TV:https://atmosphere.tv/partner/dave-menz and use code “MILLIONAIRE”Contact Mike directly: [email protected] website: www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: www.queencitylaundry.comOur pick-up and delivery laundry services: www.happynest.com/locations/ohio/cincinnatiThe Clean Show: https://the-clean-show.us.messefrankfurt.com/us/en.htmlSanoWash Ozone System: http://www.aquawingozone.com/Munzprufer Coin Mechs: https://www.whberlin.de/en/whbe.htmlHuebsch Equipment: https://huebsch.com/Alliance Laundry Systems: https://alliancelaundry.com/Timestamps00:00 Laundromat Millionaire Intro02:04 Topic Explained04:55 Narrowing the Audience07:24 Advice for Owner Using Quarters08:19 Quarters in the Industry10:27 Pros of Dollar Coins15:21 Perceived Negatives of Dollar Coins23:32 Recommendations for When to Switch33:02 The Logistics – How Do I Convert My Store?37:25 Summary39:39 Creating the Win-Win40:38 Transitioning Customers from Quarters Slowly42:32 Card Readers’ Impact on ATM’sLearn more about your ad choices. Visit megaphone.fm/adchoices