EWING, N.J. — Hough Petroleum, a multibranded fuel and energy distributor based in New Jersey, has become London-based fuel pricing software company EdgePetrol’s first U.S. customer. Following work with multiple major oil companies in the United Kingdom, EdgePetrol formed an alliance with industry advisory company Petroleum Equity Group to bring […]
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About This Webinar Nearly 30% of all c-stores now are run by the top 200 chains. As markets consolidate and fewer companies experience location growth and expansion, independent retailers may be wondering: How can profits be optimised? And is there a way to take advantage of a multi-station fuel […]
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Although fluctuations have always been a normal part of the fuel industry, unprecedented challenges in 2020 underscored the industry’s vulnerabilities. According to Deloitte’s fuel industry outlook, global oil demand fell by 25% last year, and today—despite vaccines and rebounding economies—is still below pre-pandemic levels. To thrive in unpredictable times, retailers must […]
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Hello all, for those of you who haven’t had the pleasure of meeting me yet, I’m Nikhil and I joined EdgePetrol circa 6 months ago. A quick brief on me and my family: My grandparents were born in India My parents were born and raised in Uganda Many Asian families […]
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If you haven’t heard of Mythbusters, it was a popular television programme with experts debunking rumours, urban legends and popular myths. Now you may be thinking, “urban legends exist in fuel pricing? There are none.“ Au contraire! There are plenty of ‘traditions’ that fuel retailers follow as the “correct way” […]
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“I always have to follow my competition” Myth rating: 8/10 Ok, if you operate in Germany or Denmark, for example, this isn’t a total myth. Price changes can happen 15 times a day (or more) and consumer habits are very much driven by these changes. But in markets like the […]
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About This Webinar The market is constantly changing, with 48% of consumers being convenience driven, as opposed to 28% in 2015. It is no longer about following the status quo, market retailers are thinking more about how to optimise their business to grow their profits. Have you adapted your business […]
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Being a fuel retailer takes a lot of skill, particularly when making decisions. Retailers we are in contact with always bring up the fact that the market is changing on an ongoing basis, in some cases leading to highly volatile profits. You may never find that “sweet spot” you crave, […]
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EdgePetrol has joined the Mako VPN Cloud Partner Program, making it easier for fuel/c-store retail customers to connect to EdgePetrol’s fuel pricing services. The software company’s distributed retailers implement Mako Networks SD-WAN technology to ensure reliable and secure network connections. Mako’s VPN Cloud Partner Program allows retail sites to connect […]
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Understanding core consumers and needs is vital for the future Oil price has been increasing (50% up since start of year. Fluctuating prices make for a difficult environment) Unpredictability due to Covid Understanding brand, how do you brand inside your store, use different point of views. Put yourself in […]
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