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) […]
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?
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 […]
Entrepreneurship is defined as “The activity of setting up a business or businesses”. This doesn’t really apply to employees. Yet you want them to share that passion and energy you have for your own business. At EdgePetrol we call this an ‘entrepreneurial mindset’. And you want your business to grow. […]
Why do retailers choose weekly lags? In the UK, there are plenty of options when it comes to securing a fuel supply contract. Depending on your choice of brand, you may have the options of daily or weekly lags, more often than not based on what we in the industry […]
Pelco and Supermac’s are amongst the retailers embracing new technologies in the fuel market. Ireland is leaps and bounds ahead in convenience retailing. When it comes to shop offers, facilities and food-to-go, retailers from the UK, USA and the rest of the world sit up and take note. In spite […]
Work across Certas Energy’s 35 UK sites to integrate Orbis Tech and EdgePetrol has been completed. The integration has facilitated the rollout of EdgePetrol to the Certas Energy sites, and marks the start of a close alliance between the two companies. EdgePetrol’s technology securely connects with all PoS and fuel […]
If you are a driver you will have noticed that the price of fuel is always moving and this can have a big impact on household spending. At times it can feel frustrating to consumers that unlike many of their gas and electric contracts (the other two commodity-based products consumers […]
As a pricing software company, you’d imagine that we’re likely to tell you that to price well, you need pricing software. But independent retailers have been pricing their sites for many years using spreadsheets and post it notes. Many of them are successful businesses today. So, what is the difference […]
EdgePetrol only existing for multi-site operators is a myth. And it’s why over 50% of our customers are single sites. Sitting with a multi-site retailer (who shall not be named) a year or so ago, they told me that they don’t pay attention to competition on 2 of their 6 […]
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