For some gas station owners, upgrading your petroleum equipment can seem like it’s an unnecessary expense. While there is an installation cost, generally upgrading your fuel pumps is a sure shot way to improve profits for your business. Today, we take a look at how pump upgrades can help improve profit.
Newer fuel pumps will work faster than older models. A big part of newer petroleum equipment upgrades is the speed at which they can function. Having faster pumps will mean being able to serve more customers within regular business hours. Serving more customers than you normally would per day build up to larger amounts of profit over the long run. Keeping traffic moving through your gas station will, in turn, attract more customers.
Improvements in Customer Impression & Service
For a business like a gas station, everything comes down to whether you can attract the customers necessary to keep your business profitable. Upgrading your fuel pumps manages to attract customers in 2 different ways.
The first is through simple appeal. A newer-looking gas station with brand new pumps is more likely to attract customers. The customer’s perception of your service is just as important as your actual service. When customers see visible upgrades, they expect better service and are more likely to head back to your gas station.
The second way that this attracts customers is related to the point above. Customers who can get through a service quickly will have a good impression of that business’s customer service. Most car owners have preferred gas stations. One of the main reasons someone might choose a certain gas station is their excellent customer service.
Savings on Maintenance Costs
Fuel pumps can be expensive to maintain. As older models fall out of style, maintenance becomes harder, and finding replacement equipment becomes more difficult. Using newer fuel pumps will remove the need for maintenance checks and expenses for a while. With warranties available for newer products, saving on maintenance costs becomes easier. Even if problems arise, a manufacturer’s warranty should have you covered for at least a year.
The very first thing you need to do is identify the needs that your gas station has. You can’t simply look for a supplier before knowing what you’re aiming to achieve with a new supplier. It’s important to sit down and create a list of realistic goals and find a supplier who can help you reach those goals.
It’s common sense to keep your eyes on the road when driving because of the risks involved. But, when it comes to something like pumping gas in their cars, people often forget the importance of being cautious.
200/200A Series Filters Will Be Discontinued As Of 10/1/21
I don’t know if we are just getting more notifications these days or it has just been a year where the manufacturers are in a self-reflective mode with their products’ performances and it is an opportunity to slim down during trying times to trim down on raw materials and what they deem as wasted effort but consolidation is a continual process across a broad line of products that do relatively the same thing but to varying degrees and it’s not necessarily a bad thing in all instances.
So the short and sweet of it is the following CimTek filters will no longer be offered as of *October 1, 2021:
I think most Americans appreciate vintage Americana and for us in the retail petroleum business, old gas stations are very interesting. The above image is of this blog author’s house from 1924 and it doesn’t look remotely the same today. It started life in a different location and was moved to its current location in 1880 to serve as the town post office, a trolley stop, general store and of course, a gas station!
As I was posting some vendor-related videos, a few vintage gas station videos popped up that I thought would be a nice change of pace of just enjoying some American gas station history. You may be shocked by some of what you notice in this video because some things date back much further than you have been led to believe! So here you go:
Due to market competition and ease for new entrants, existing service station owners may find it challenging to drive more sales. You must understand that the target customers for your fuel station are interested in more than just getting gas. They want exemplary on-spot service and diverse offerings at service stations. Facility owners need to come up with effective promotional strategies to boost brand awareness and traffic.
Click on the links below. Not only will you have access to these videos but very handy reference cards that can be downloaded and printed!! These are just a few of the videos. There are many more videos to explore once you click on the links!