The Challenge Retailers reading this will already know the importance of managing cash flow and credit terms. Cash is king, so with wages increasing and energy costs rising (one site told us their expenses were increasing by £60k) this is at the forefront of many retailer’s minds. Furthermore, interest rates […]
The Challenge Hills of Corby always believed that there was no leeway versus aggressive competitors in their local markets and as a result struggled to grow their YOY fuel profits. The status quo was to drop immediately when they realised a competitor lowered their price. In other words, the competition […]
The Challenge As the main driver of profit for his site, non-fuel was taking up Conor’s time. Rather than tracking margin and profit on fuel, Conor evaluated his site’s performance by looking at overall site profit. He wanted to change this to become more forward thinking and re-evaluate his fuel […]
With competition for volume at an all-time high, it’s no surprise that retailers are increasingly looking at ways to differentiate their sites to win out. Most of the time, this comes in the form of innovative shop offerings and differentiated forecourt facilities. However, one of the many lessons from the […]
Event season is coming to an end. Participating in huge events such as NACS , MPACT and Pacific Fuel has finally given us the chance to meet with many retailers face-to-face. It’s always great to hear different opinions surrounding the fuel industry and, even more so, have the chance to […]
In 2021 and looking ahead into 2022 the small-to-medium fuel retail market is facing many challenges. Driven to action by unpredictable volumes, volatile oil prices and extreme market consolidation, retailers are looking at new ways to keep their businesses profitable. Recent surveys (in particular one in Convenience Store News recently) […]
It is commonly accepted in the fuel retail industry that one of the keys to profit is balancing volume and margin through intelligent pricing. However, during our conversations with retailers, we were amazed to find an often neglected aspect of their offering can be optimized with relative ease. In this […]
If we told you that your cost price was potentially a huge [ip:US]77 cpg[/ip] [ip:*,-US]16 ppl[/ip] different from what you thought it was, how would that impact your fuel pricing decisions?
We receive data from the moment we’re born, until the moment we die. As a fuel retailer, you probably generate a lot of it. While having all this information is a blessing, it can feel like a curse, as extracting valuable insights and putting that knowledge to work is not […]
Post body here
We are located in
London, UK
Texas, USA
+44 020 3865 8689
+1 512 265 8504
EdgePetrol 2024. All Rights Reserved.
We use cookies to improve the user experience on our website, in accordance with our privacy policy. By clicking “Accept & close”, you are consenting to our use of cookies.