75lb dryer price increase

[James2011]

my 75lb single pocket dryer's vend price is 3min/25cents with 1min cooling time,
If I increase it to 2min/quarter, then 1min cooling or No cooling time?

[Super Clean]

I'd still keep the 1min cool down cycle. No one is drying for only a quarter and at the end of the day they'll still run it for what ever length of time they use to just for a little more money. The 1 minute out of a 30 minute dry is not an issue. Besides, dryer drums can be pretty hot so if someone lets it run its course, let the drum cool down a bit.

[Adamski]

my 75lb single pocket dryer's vend price is 3min/25cents with 1min cooling time. If I increase it to 2min/quarter, then 1min cooling or No cooling time?

HT,

You're talking about increasing your 75# dryer price by 50% and you're biggest concern is whether to keep the 1 minute cooldown or not? Are you kidding me? Don't you think a 50% price increase is a bit steep?

How about pricing it this way: $1.00 (1 dollar coin or 4 quarters) for 9 minutes (8 minutes of heat and 1 minute cooldown). This is still a 25% price increase but it is a much more functional way to sell your 75# dryer. Pricing by the quarter is like McDonald's pricing their Big Mac in nickel increments. It just doesn't make any sense.

[STOUT]

All my dryers are set at 2 minutes cool down at the end of the cycle.
It has never been an issue or any complaints.
Clothes are still warm when they are pulled out and no wrinkles.

[CanCanCase]

In Alaska, the 75lb SQ dryers were priced at $.50 minimum start for 2 minutes and 1 minute per quarter in cycle. 1 minute cool down, and you'll still get burned taking jeans out....

- Case

[James2011]

HT,

You're talking about increasing your 75# dryer price by 50% and you're biggest concern is whether to keep the 1 minute cooldown or not? Are you kidding me? Don't you think a 50% price increase is a bit steep?

How about pricing it this way: $1.00 (1 dollar coin or 4 quarters) for 9 minutes (8 minutes of heat and 1 minute cooldown). This is still a 25% price increase but it is a much more functional way to sell your 75# dryer. Pricing by the quarter is like McDonald's pricing their Big Mac in nickel increments. It just doesn't make any sense.

because you accept $1 coin, but not me.

[CanCanCase]

because you accept $1 coin, but not me.

Last I checked, 4 quarters = $1.00.
you can price as Larry suggested whether your store accepts dollar coins, cards, quarters or rubles. Larry is just more creative than most because he thinks in full dollar increments.

- Case

[James2011]

Last I checked, 4 quarters = $1.00.
you can price as Larry suggested whether your store accepts dollar coins, cards, quarters or rubles. Larry is just more creative than most because he thinks in full dollar increments.

- Case

I know,
but What I want is charging 2min/Q.

[rjwarner]

Big believer in full cycle pricing on dryers. I am at $4 just to start the 75lb dryers, while all competition is still using a quarter to start......and I am doing just fine.

You may have some comments on the increase, but within a month you won't hear it at all.

[Adamski]

I know, but What I want is charging 2min/Q.

HT,

I think 2 minutes/quarter is ridiculous but set it up and then tell us what happens.