Having a well-thought-out fuel inventory management plan can make a world of difference in keeping your business running efficiently throughout the year. For that, you accurate information regarding your fuel inventories, which is critical for avoiding two undesirable situations. One is, if you have more than necessary fuel in your reservoirs, it can tie up your revenues and significantly affect your bottom line. Conversely, if you don’t have enough fuel on hand to meet your consumers’ needs, it can put off your consumers and tarnish your reputation in the market, resulting in decreased sales.
The C-store business is certainly changing in 2017. Innovative technology, more competition from larger brands, and a whole rash of new food trends are poised to make a big impact on the industry in the coming year, and beyond.
Delivering a consistent experience to your customer is a key part of convenience store management. Thankfully, there are a number of ways to go about this. By focusing on these areas, you can be sure you’re building your band positively, and delivering a consistent experience to your customers.
It is a known fact that many independent stores and even some small chain stores do not maintain adequate control of their inventory. As a C-store owner, you know maintaining adequate control of your inventory is crucial to your margins. Maintaining an accurate inventory count is vital. Managing item-level inventory? Even better.
Late last year, Amazon continued its march into the private label business with the launch of their latest offering, Amazon Wickedly Prime. Featuring organic snacks, and with the promise to launch more products, Amazon has set its site on some frequent convenience store targets.
Today we launched a new “Switch Store” functionality, for multi-store customers, enabling you to change stores from anywhere within your account.
EMV Cards, or “chip cards,” have been around for a little while now. Your c-store or gas station has no doubt already been fitted with new chip card readers, and your customers are increasingly presenting chip cards for payment.
EMV cards represent a new step in the fight against credit card fraud and identity theft. Unfortunately, the technology behind them can be confusing, and many stores and even customers aren’t quite sure how they’re supposed to help.
It’s the mantra of every retailer: Providing customers what they want will keep them coming back and increase revenue. It sounds easy enough, but do you really know what your customers want? Or more importantly, do you understand them at all to know how to turn them into loyal customers?
Working with family can be a difficult experience. It can be hard to separate the employee/co-worker from the person you love and care about. At the end of the day, it can be a challenge managing a convenience store while trying to work efficiently alongside family members.