In today’s business ecosystem, if you’re not thinking of moving forward or following industry trends, you may easily fall behind your competitors. This is even more necessary in the oil and gas industry because of fuel being an essential part of people’s lives.
Statistics show that there are almost 270 million registered cars in the US which results in very high fuel demand. So, service station owners need to keep up with that demand by keeping up with innovation and technology-driven ideas. Some of these trends include:
Convenience Store Incorporation
Service stations are not only about stopping for fuel anymore, especially if you’re located on a highway. So, a lot of service stations are convenience stores as well so people can stop by and shop for supplies, food, or even groceries.
Many service station owners are shifting towards the c-store trend because it’s a great alternative source of income as the profits are dwindling on fuel. Furthermore, more service station owners are collaborating with delivery services as a location for parcel pick-ups. This is a unique way for someone to visit their store and make impulsive purchases.
Improved Sustainability
There has been huge progress in making business processes sustainable and eco-friendly. There greater emphasis on sustainable operations in the oil and gas industry as there are more strict regulations on the supply chain of the industry.
Furthermore, the concerns regarding carbon emission are also high which has put the industry under a spotlight. A growing trend among fuel station owners is to use alternative fuel options at their stations such as EV, CNG, or even LPG. Meanwhile, they’re trying to improve their sustainability by focusing on other business activities like switching to a paperless business.
Self-Checkout POS
Another growing trend in the gas station industry is the addition of a self-checkout Point of Sale (POS) system. An automated POS system is fixed at individual gas pumps and when a customer fills up their tank, they can pay them there and carry on with their journey.
One of the many benefits of a POS system is that you can cater to more customers at the same time and attract new customers. Quick checkout services prevent long queues. Another advantage of the POS also includes the accessibility of using different types of payment options.
You can get these advanced POS systems from us. We are a gas station equipment supplier that aims to help the gas station retail industry. We’ve worked with some of the best equipment manufacturers in the industry for more than 90 years to try and provide you with the most premium quality equipment.
That’s also why we take pride in being known as the best petroleum equipment supplier in the country. All you have to do is contact us and we’re here to help.