Why Do Washing Machines Only Take Quarters
If you are a recent college graduate or a new tenant in an apartment building there may one chore that annoys you. Doing your laundry. Not only do you have to haul your clothes to the nearest laundromat if you don’t have in-unit laundry, but then there are the quarters. If you are lucky, your nearest laundromat also has both a nearby ATM (that doesn’t charge a ridiculous withdrawal fee) and a change machine (also hopefully without fees). If you are a millennial, you likely only interact with quarters when you do your laundry. Odds you pocket any quarter you receive as change after disposes of useless nickles, dimes, and pennies. And for good reason, if it wasn’t for coin-operated laundry machines, quarters would be just as useless to you as all other change. You can buy almost anything with your phone so why do laundry machines insist on quarters only.
A Brief History of Coin-Operated Washers & Dryers
A few decades ago, coin-operated laundry machines were much more practical. First, the number of consumers that paid for things in cash was much greater than it is today. So there was a lot more change readily available. Second, quarters were actually valuable to an average person. You might actually have paid for something at your convenience store with quarters and bills instead of paying for it with a Credit/Debit or app-pay. There are two reasons your local laundromat still has a coin-only machine. Replacing machines takes time and money. And there are not many other options to do your laundry. Even if there are fie laundromats in a fair distance from your apartment, if none of them have newer machines, there is not enough incentive to replace machines with newer, better models. However, there is one industry that has consistently seen improvements in laundry systems.
App-Operated Washers & Dryers On College Campuses
The most high-tech commercial laundry machines are often found on college campuses. That is because 100% of the people using those machines are millennials that need new technology. And it has been shown that millennials college students will spend more, and do their laundry more often if they aren’t forced to pay in quarters. And it makes sense, paying with quarters requires many extra steps for college students. That is why app-operated machines and machines that offer laundry cards are used more often. Not only are these newer machines offering new payment methods, but they also allow users to track their laundry throughout the day. As more and more college students leave school and get apartments, there will be an increasing market for high tech laundry machines that offer alternative payment methods.
Get New Machines From Automatic Laundry
If you want to improve your college dorm, multi-housing laundry room, or laundromat with machines that aren’t coin-only, contact Automatic Laundry. Or if you live in a building that has outdated machines, tell your property manager to request a free quote for our machines.