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58. Investing in Your Laundromat to Increase Value with CCI's President, Steve Marcionetti

58. Investing in Your Laundromat to Increase Value with CCI's President, Steve Marcionetti

Released Tuesday, 1st June 2021
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58. Investing in Your Laundromat to Increase Value with CCI's President, Steve Marcionetti

58. Investing in Your Laundromat to Increase Value with CCI's President, Steve Marcionetti

58. Investing in Your Laundromat to Increase Value with CCI's President, Steve Marcionetti

58. Investing in Your Laundromat to Increase Value with CCI's President, Steve Marcionetti

Tuesday, 1st June 2021
Good episode? Give it some love!
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Steve Marcionetti, President of Card Concepts, Inc (CCI) and multi-laundromat owner, joins me on the podcast this week to cover a HUGE range of laundromat-related wisdom. 

We center around the pros and cons of adding a card system into your laundromat as a payment alternative or replacement for the increasing number of coins required to operate laundry machines. Steve gives a ton of great advice on how to add value to your customers AND to your business through using a card payment system without drifting into a sales pitch.

This episode by a true veteran in the industry is packed with practical information, including:

  • Steve's background in the laundromat industry
  • Changes he's seen in the laundromat industry over the past 22 years
  • What draws investors to this industry
  • What changes are coming in the laundromat industry
  • What Steve thinks successful owners are doing better than average owners
  • The benefits of a card payment system
  • Things to consider when deciding to add a card payment system
  • Are card systems suitable for lower-income areas?
  • Effective promotions with card systems
  • How to add value to your customers
  • Getting referrals before you get into business or make a large business purchase
  • Is a card system too big of an expense for your laundromat?

And a ton more!

Show Notes
https://laundromatresource.com/show58

Show Sponsors

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Links
Tom Donnelly's Interview on the Laundromat Resource Podcast (Buying a laundromat sight-unseen across the country)
Thomas Landenberger's Interview on the Laundromat Resource Podcast (Living in the Italian countryside & owning a laundromat in Florida)
Luke Williford's Interview on the Laundromat Resource Podcast (Owning 37 laundromats & counting)
Rick Rome's Interview on the Laundromat Resource Podcast (Closing down his self-serve laundromat due to a booming pickup & delivery business)

Resources

CCI- Laundrycard & Fascard

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