Tokens provide additional profit center security - Professional Carwashing & Detailing

Tokens provide additional profit center security

Keep vacuum and vending machine profits safe.

Offering payment via tokens can increase safety at a wash. Gibson Olpp, marketing specialist with Osborne Coinage, says tokens contribute to security because they don’t have a monetary value.

“Anyone who steals tokens can really only use them at another coin-operated business, and that's if the tokens were identical in size and [alloy],” she shares. “Otherwise a thief really doesn't have any options for them.” 

Carwash owners sometimes have to deal with fixing or replacing equipment stolen or broken into during a crime. According to Olpp, tokens can help to deter these crimes when they replace coins and bills.

“For many owners, the money stolen is paltry compared to what the costs are to replace the destroyed equipment,” shares Olpp. “Many times they just eat the cost of fixing/replacing the equipment instead of turning it into the insurance company, just to avoid a potential rate increase.”

Customer satisfaction

Olpp notes that tokens can also be used in combination with coins to give customers more flexibility. Carwash owners can offer free vacuum time with one token, then he or she may insert coins for additional time.

“Customers like the idea of ‘free,’ and many times spend more than they intended on something that was free to start,” Olpp explains.

You May Also Like

Wash Talk Ep. 148: Catching up with Matthews Real Estate Investment Services

Beryl Grant and Clay Smith of Matthews Real Estate Investment Services discuss recent news and market trends.

In this Wash Talk: The Carwash Podcast episode, we're joined by Beryl Grant, associate vice president, and Clay Smith, vice president, of Matthews Real Estate Investment Services on recent news and market trends.

For more information about Matthews Real Estate Investment Services, visit www.matthews.com.

ModWash to make a splash this summer in Tappahannock, Virginia

TAPPAHANNOCK, Va. — This is the first ModWash location in the state. Customers can purchase a single wash or a ModMembership.

OPW’s ICS and Rinsed join forces to provide more streamlined services

BETHLEHEM, Pa. — The Rinsed software pairs with ICS’ point-of-sale technology to help carwash owners reduce credit card declines.

Super Star Car Wash expands into Colorado with first location in Falcon

PHOENIX — Additional locations will open intermittently with express washes in the Colorado Springs and Denver areas.

Express Wash Concepts appoints chief development officer

COLUMBUS, Ohio — Van Bremen brings more than 20 years of experience leading high-performance teams and developing data-driven strategies across multiple industries.

Other Posts

Wash Talk ep. 127: Offering Free Vacuums

Amid rising costs, we wondered if free vacs for customers has a substantial ROI.

Free carwash vacuums are something for nothing

Customers are enjoying the freebie, but are operators and shareholders?

Gateway Car Wash & Detailing celebrates ribbon cutting

CERES, Calif. — The event celebrated the carwash’s remodel.

Wash Talk ep. 119: Big draw vacuums

Insights on the benefits of modern carwash vacuum technology and design.