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🚨 SKROL Petrol Insight Alert 🚨 According to NACS, there are more than 145k fueling stations across the United States and nearly 88% of which also operate as convenience stores. The gas station industry is a cornerstone of America's daily commute and It's well-known that fuel drives the revenue engine of the stations, but did you know that the net profit margins on fuel are remarkably low? They typically sit around 1%, translating to about 3.5 cents per gallon, despite fuel sales making up the bulk of station revenue. So, how do these businesses stay afloat and thrive in a market dominated by such slim fuel margins? 💡 The Power of Diversification: To counterbalance the slim margins on fuel, successful gas stations diversify their offerings. High-margin services such as convenience stores, car washes, and auto repair facilities play pivotal roles. For instance, while fuel accounts for 70-80% of total sales in terms of volume, non-fuel sales contribute disproportionately to profit margins, often exceeding 40% of a station's total net income. Convenience stores alone can increase a station’s profitability, offering an average gross profit margin of around 28-30%, significantly higher than that of fuel sales. 🛠️ Operational Efficiencies: Modernizing gas stations with advanced AI and technology not only streamlines operations but also significantly enhances customer experience and satisfaction. This strategic approach can lead to increased sales in both fuel and non-fuel categories. For example, implementing customer relationships for car wash and car maintenance, digital payment systems, loyalty programs can boost customer retention and spending. 🚀 Leveraging AI for Growth: At SKROL, we see immense potential in applying AI to refine inventory management, optimize pricing strategies, improve supply chain logistics, and customer relationships. These enhancements can lead to better margin control, reduced operational costs, and a stronger competitive position in the market. 🌐 Strategic Positioning in a Competitive Landscape: With increasing competition and fluctuating fuel prices, gas stations must innovate continuously to remain profitable. The integration of high-margin services and adoption of technology are not just beneficial but necessary strategies for thriving in today's market. #SMBs #GasStationBusiness #FuelIndustry #ConvenienceStores #MarketInsights Source on comments 👇

US continues to add #fastcharging stations in record numbers, moving from the coasts to between the coasts. Just in Q2, 700 new stations were opened, taking the national total to 9,000. At this rate, fast chargers will surpass gas stations in 8 years. The rate is going to keep on increasing though, so that is likely to happen sooner. The annual spending on fast chargers will double from $6 billion today to $12 billion by 2030. Policies like NEVI are being the catalyst while fueling stations and convenience stores are starting to see the value of fast chargers. #fastcharging #electricvehicles

Warren Rogers provides precision fuel management solutions for various industries, including retail fueling, convenience stores, commercial fleets, and government agencies. Our services include fuel inventory management, loss detection, compliance monitoring, and precision fuel system diagnostics. Warren Rogers' technology helps optimize fueling operations, increase efficiency, reduce costs, and ensure regulatory compliance for their clients. We excel in helping such operators improve their forecourt performance. Common complaints from customers fueling their cars in the forecourt may include: 1. Slow dispensing speed: Customers may complain about slow fuel dispensing, leading to longer wait times and inconvenience. 2. Malfunctioning equipment: Issues with the fuel pump, payment terminals, or other equipment can frustrate customers and disrupt their fueling experience. 3. Inaccurate fuel metering: Customers may raise concerns about discrepancies between the amount of fuel dispensed and the amount charged. 4. Dirty or unkempt facilities: Customers may be dissatisfied with dirty or poorly maintained gas station facilities, including restrooms, trash bins, and outdoor areas. 5. High fuel prices: Complaints about high fuel prices compared to nearby gas stations or expectations based on market trends. 6. Lack of available fuel types: Customers may be disappointed if a gas station doesn't offer the type of fuel they need, such as diesel or premium gasoline. 7. Poor customer service: Negative interactions with gas station staff, including rude behavior, slow service, or unhelpfulness. 8. Safety and security concerns: Issues such as inadequate lighting, lack of surveillance cameras, or a perceived lack of safety measures can deter customers from returning to a gas station. While Warren Rogers cannot fix every issue noted above, we can put a dent in the Top 3! Learn more about fuelWRAp and all we do at www.warrenrogers.com. #fuel #diesel #cstores #fuelretail #retailfueling #conveniencestores #conveniencestore #retail #compliance #maintenance #ustcompliance #leakdetection #cstore #truckstop #tanks #gasstation #ust #nacs #fuels NATSO SIGMA: America's Leading Fuel Marketers AMBEST

Fuel retailers "concerned" about losing drivers to other charging options Fuel retailers believe that EV charging is a "critical battleground" for retaining customers with 88% concerned about competition from domestic, workplace and destination charging, according to a new US-based survey. The study by Konect, a Gilbarco Veeder-Root business, found forecourt operators are "under pressure" to adapt. IEA data forecasts 71% of new passenger cars and 72% of new light duty trucks or commercial vans in the United States will be electric by 2035. As a result, Boston Consulting Group has claimed 80% of forecourts could become unprofitable by that date, unless they adapt to changing demands. Read the full story on the Transport + Energy website: https://lnkd.in/em4dAEm2 Om Shankar, Neill Emmett #fuel #retail #forecourts #ev #evcharging #evchargepoints

🗞️🗞️ Hot off the press! Here's a bet we're bullish on: Fuel retails will double down on EV charging in 2025 & beyond. Alex Agne, representing our Business Development team, just dropped a new blog post explaining why: Here's the tl;dr upfront → Fuel retailers are at a crossroads with respect to EV charging, both in forming EV charging strategies & in selecting hardware & technology partners. Despite the complexity & capital investment that swift, sound, successful EV charging deployment requires, fuel retailers who move fast, make well-informed decisions, & connect with the right partners can unlock new revenue streams, future-proof their business for long-term success, & help accelerate the future of transportation. *How we got here* Transportation is undergoing a huge shift as trends like electrification, EV adoption, & more continue into 2025 across many markets. Whether it takes 5, 15, or 50 years for EVs to replace the bulk of combustion engine vehicles in light-duty transport & on roads, the shift is well underway. 2024 saw a 25% increase in EV sales globally to 17.1M vehicles sold (Rho Motion). These trends have significant implications for fuel retailers. Regardless of how soon demand for gas really declines meaningfully, demand for EV charging is already here. Hence, forward-thinking fuel retailers are already capitalizing on this opportunity. *Fuel retailers' unique position for EV charging* Many fuel retailers already own & operate strategically located sites, meaning they are well positioned to add EV charging services, not just to support urgently needed expansion of EV charging infrastructure, but to benefit themselves by: • Unlocking new revenue streams • Enhancing customer satisfaction & retention • Future-proofing businesses for long-term success *Challenges create opportunities* Yes, deploying EV charging can require significant capital investment, long lead times for grid connections or transformers, & significant time spent evaluating offerings from competing OEMs & service providers. That said, continuous improvements in battery & charging technologies, the right partnerships with service providers in the EV charging ecosystem, & government incentives can make successful charging station deployment, maintenance, & management achievable & profitable. *Data, data, data* Alex's article also offers a wealth of data based on a recent BloombergNEF report, ranging from detailed projections on future gas demand projections across the most significant auto markets globally to breakdowns of the competitive landscape in the U.S. fuel retailer market. *Ready to act now?* Proactive fuel retailers who invest in EV charging have an opportunity to differentiate themselves & set themselves up for long-term success as the 'Electric Era' matures. Ready to explore opportunities? Let's talk. & here's the link to the full blog post: https://lnkd.in/ecrZn25T Enjoy!

The recent milestone from Sainsbury's’s, installing over 500 EV charging bays with their ultra-rapid Smart Charge hubs, is a promising sign for EV drivers in the UK. With hubs rolling out weekly, powered by 100% renewable electricity, it’s clear that accessible, reliable charging infrastructure is on the rise. As Patrick Dunne, Sainsbury’s Director of Property, puts it: "We’re on a mission to improve [access to EV charging] wherever we can." This commitment aligns with what we see every day at EVC Solutions Ltd: the need for dependable, ultra-rapid chargers that fit seamlessly into people’s daily routines. You’ll get the same focus on reliability, accessibility, and user experience with EVC Solutions. Let’s make EV charging as simple as shopping for groceries. See what’s possible. Contact us to learn more about bringing EV charging to your business. #EVCharging #ElectricVehicles #Sustainability #SeeWhatsPossible #EVInfrastructure

Electric vehicles and biofuels are increasingly accompanying traditional gasoline in the forecourt in 2025, although chainwide adoption appears slow as retailers watch for market shifts and regulations. CStore Decisions’ Senior Editor Emily Boes tackled an overview of the fuels landscape in her recent report for CStore Decisions’ January issue, with expert insights from Ed Collupy, president of Collupy System Solutions LLC; Ricky John, VP of fuel, Parker's Kitchen; Shaun Bolger, director of fuel merchandising at SPINX. Learn more: https://lnkd.in/gJSgMFwb   

For commercial and industrial operators, maintaining fleet readiness, equipment uptime, and on-site power is critical. ⛽ Data-driven technology streamlines fuel management so operators can rest easy and focus on their business. 👨💻 👉 Learn more in our blog post, Simplifying Commercial and Industrial Fuel Supply Operations >>> https://hubs.la/Q02_hHLM0 #fuel #retailfuel #cstores #wetstock #wetstockmanagement #fuellogistics

🚛 Fuel Delivery Fact 🚛 Did you know? The global on-demand fuel delivery market is projected to grow by over 25% annually in the next five years! 🌍 Leading the charge is FuelBuddy, bringing seamless, efficient, and trackable fuel delivery straight to your doorstep. With FuelBuddy, fleet operators, industries, and even retail customers can skip the long fuel station queues and enjoy reliable fuel delivery that boosts operational efficiency and cuts downtime. It’s not just about convenience—it’s a game-changer for managing fuel costs and performance! Ready to fuel the future? 🚀 Neeraj Gupta Sunil Maddala Manmohan Singh Kukreja Nora Bali Gautam Malhotra Adnan Kidwai Anureet K. #FuelDelivery #FleetManagement #Efficiency #OnDemandFuel #FutureOfFuel #FuelBuddy #SavetimewithFuelBuddy