A One Dollar Price Increase

[Adamski]

Originally Posted by mmurra

Just read the whole post. My 50 year experience in the industry holds that DCO pricing at this stage of the the inflation game is the most effective and convenient way to price a laundry in coins. If you are not doing it, you should be thinking about it ASAP, IMO. Mark

Mark,

Thanks. Coming from an experienced operator like you, that's a strong vote of confidence indeed.

[epic02]

Chad,
congrats on your top load price of $2.49 In the Los Angeles area. With the raising water rates here, owners will soon have to follow suit. My price is set up at $1.25 - $1.50 for the super cycle. A guy up the street is charging $1.00 and another charging .75 cents weekdays from 1 pm to 5 pm. The funny thing is the guy with the .75 cent washers, water rate is almost two and a half times more than mine. What is he thinking?

[chad]

Originally Posted by epic02

Chad,
congrats on your top load price of $2.49 In the Los Angeles area. With the raising water rates here, owners will soon have to follow suit. My price is set up at $1.25 - $1.50 for the super cycle. A guy up the street is charging $1.00 and another charging .75 cents weekdays from 1 pm to 5 pm. The funny thing is the guy with the .75 cent washers, water rate is almost two and a half times more than mine. What is he thinking?

Now with that done here and reducing my free dry promo credit I will see at least 12% more added to my bottom line.

Now I am thinking of what to do with my other store, I will run some reports at the end of the month and take action.

add .10 to all my machines believe it or not will make a difference because at least 50% of my cycles are done in warm water.

[bburgan]

Originally Posted by chad

I raised prices today at one of our stores.

I went in and raised prices of all WARM washes.

Now both my Hot and Warm are $.10 more then my cold wash cycle.

Oh and my tops went up from $2.35 to $2.49.

All of my washers are priced with hot and warm at one price (determined by size) and cold is $.25 cheaper.

Also, light soil is one price, med is $.25 more (adds 3 min wash cycle), and heavy adds another $.25 for a 3rd rice cycle.

[chad]

Originally Posted by bburgan

All of my washers are priced with hot and warm at one price (determined by size) and cold is $.25 cheaper.

Also, light soil is one price, med is $.25 more (adds 3 min wash cycle), and heavy adds another $.25 for a 3rd rice cycle.

Good work that is the way to use the TOOLS around you to make more money.

At this moment I have the medium and lite the same price and heavy more $$.