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Author Topic: Automatic Fuel Pricing allows HQ to change all it's stations at once Back to Topics
slicerette

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South Bend

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Message Posted: Mar 5, 2013 5:39:09 PM

Now Fast Max stores can change prices more often, right from headquarters.
Kocolene Marketing has chosen PriceAdvantage SMART Fuel Pricing, a fuel price management solution, for all of its Fast Max Convenience Store locations in Indiana and Kentucky to automate their fuel pricing process.

“Adding PriceAdvantage to automate our fuel pricing process gives us the structure to change (gas) prices more often and implement prices from headquarters to the store,” said Lance Gentry, director of fuels & information technology for Kocolene.

“Additionally, PriceAdvantage gives us the pricing history of our stores and competitors, as well as the ability to measure volume and margin performance, something that wasn’t easily accessible in the past.”


Visit Convience Store Decisions for full article
REPLIES (newest first) Post a Reply
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NedW
Champion Author Indianapolis

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Message Posted: Mar 7, 2013 1:29:50 AM

How convenient.
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BigKart
Champion Author Indianapolis

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Message Posted: Mar 6, 2013 2:11:54 PM

Several references to price fixing/gouging in the comments. How does that apply? This just says that prices can be changed from the corporate HQ rather than having an employee at each location do so. Either way, HQ is going to set the price (exception: employee error).
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slicerette
Champion Author South Bend

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Message Posted: Mar 6, 2013 1:10:55 PM

No the huge chain of Speedway does not have the "PriceAdvantage Smart Fuel Pricing" at their headquarters. Speedway owns and controls 1500 Speedway, GasAmerica and Rich gas stations across MI, IN, OH, KY, WV, IL and a few in WI and MN.

Speedway is still sending out emails ordering their Speedway employees to raise gas prices at a certain time, usually the next day. "PriceAdvantage" allows the headquarters of the chain owner to automatcally raise the gas pump price at their staions set up with "PriceAdvantage" from one central location all at the same time.

BTW, The Speedway chain has been first to raise prices in the Midwest for over ten years.
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Bigoilscamsus20
Veteran Author Detroit

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Message Posted: Mar 6, 2013 12:13:28 PM

This just proves that the price fixing is real and obvious to us all !! Market manipulation for more profit is alive and not well for the American consumer! Marathon/Speedway has had this feature for a year or more and they continue to rob and plunder the American consumer weekly! Congress needs to put price and profit controls on all petroleum products in America! If Big Oil can use eminent domain to put pipelines throughout the country on private land, then the government can set the price of that product for the common good!
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Robert44
Champion Author Columbus

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Message Posted: Mar 6, 2013 11:48:55 AM

Usually happens here is Speedway is first to raise prices from 15-40 cents a gallon!!!

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DesertRat2011
Champion Author Riverside

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Message Posted: Mar 6, 2013 10:48:16 AM

Can you say price fixing!
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schvanda63
Champion Author Lansing

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Message Posted: Mar 6, 2013 9:12:14 AM

They already have something like that here. Once one station raises its prices, EVERY other one in the area does the same. Doesn't seem to be based on brand. Usually Speedway is the first and everyone follows.
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dabayer
Champion Author New Hampshire

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Message Posted: Mar 6, 2013 8:29:12 AM

Automating price manipulation to squeeze another buck. Like the stock markets!
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FPLREP
Champion Author Virginia

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Message Posted: Mar 6, 2013 8:28:32 AM

Could a customer start filling at one price and finish at another?
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fencemanNY
Veteran Author New York

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Message Posted: Mar 6, 2013 8:07:21 AM

Oh Boy! That means they can raise the prices at all their stations mor often and quicker. I wonder if there is a down button?
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dr047
Champion Author Cleveland

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Message Posted: Mar 6, 2013 7:53:38 AM


Everything these days is about money.
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EvergreenON
Champion Author Ontario

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Message Posted: Mar 6, 2013 7:50:22 AM

So they will rise the price three times a day
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leeac
Champion Author Ohio

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Message Posted: Mar 6, 2013 6:51:32 AM

In other words, it will now be easier for Big Oil to fix gasoline prices.
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SUPERSTEVIEO
Champion Author Quebec

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Message Posted: Mar 6, 2013 5:43:45 AM

so long as the price doesn't change while you are pumping or just about to pump!!!
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pricewar
Champion Author Ogden

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Message Posted: Mar 6, 2013 4:09:07 AM

Whatever
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ClarkSC
Champion Author South Carolina

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Message Posted: Mar 6, 2013 3:03:24 AM

About time.
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musicreporter
All-Star Author San Antonio

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Message Posted: Mar 6, 2013 1:24:53 AM

Good??
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Vetteblu
Champion Author Denver

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Message Posted: Mar 5, 2013 11:47:16 PM

Another reason to hate computers. Sounds like a good way to price fix.
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md11capt
Champion Author Denver

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Message Posted: Mar 5, 2013 10:42:54 PM

WHAT??!! And to think I believed all this time it was changed by some little guy in a remote office in Zurich.
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NHLiveFree
Champion Author New Hampshire

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Message Posted: Mar 5, 2013 10:04:39 PM


Making thousands more as they jack up prices in a matter of seconds rather than hours.

Not good news for all consumers!

[Edited by: NHLiveFree at 3/5/2013 10:05:09 PM EST]
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WalkingWV
Champion Author West Virginia

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Message Posted: Mar 5, 2013 9:32:26 PM

Of course, instant price increases so they can change as soon as the ticker goes up, like they've been doing forever.
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BobBG
Champion Author Albany

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Message Posted: Mar 5, 2013 9:29:53 PM

Not a good thing for consumers.
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eomc17
Champion Author Tucson

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Message Posted: Mar 5, 2013 8:57:45 PM

Means higher gas prices since these bandits are very slow to lower the gas prices when oil and gas futures prices go down in trading.
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USMCturtlehead
Champion Author Lexington

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Message Posted: Mar 5, 2013 7:48:11 PM

Sure it won't be a cost savings to consumers. Prices will probably rise quicker, but doubt that they will rush to lower them.
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ToolinIt
Champion Author Colorado

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Message Posted: Mar 5, 2013 7:22:13 PM

I believe that Valero stations are already doing this.
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app063
Sophomore Author Maryland

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Message Posted: Mar 5, 2013 7:19:14 PM

So here's the dilemma:
Are you glad that someone(s) had a job to develop the automation to do this task electronically or are you mad that the local guy/gal no longer has to increase the price per gallon at the local store location? In the end it is always a "wash"!
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underbird10
Sophomore Author Atlanta

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Message Posted: Mar 5, 2013 7:16:44 PM

An ad for this application...

Now, from the makers of that tried and true application "Specu-Traitor Gold" comes "AutoGouge 2.0". Screw your customers from the comfort of your deck chair in Palm Beach! Put your hands in the pocket of every American consumer without leaving your multi-million dollar estate! And, for a limited time only... we'll even throw in an app for your i-phone so you can jerk your customers chain 24 hours a day!

Somewhere I know Billy Mays is smiling...

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Discovery02
Champion Author Colorado Springs

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Message Posted: Mar 5, 2013 6:38:33 PM

Great, now we're automating screwing drivers.
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dh0770
Champion Author Colorado

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Message Posted: Mar 5, 2013 6:30:11 PM

Another office dweeb that never has to look the customer in the eye creating more havoc for the underpaid cashiers that have to listen to it!
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Pramodsharma
Champion Author Richmond

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Message Posted: Mar 5, 2013 6:15:16 PM

Let them test it by reducing a dime per gallon on all gas stations today.
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Tacodan
Champion Author Cincinnati

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Message Posted: Mar 5, 2013 6:10:01 PM

up,down,up,down,up,down sounds like they use a joy stick to set prices.............
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bwatchingu
Champion Author Arkansas

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Message Posted: Mar 5, 2013 5:56:05 PM

Murphy,USA stations at Walmart stores have been doing this for a few years now.They change the pumps and the signs from headquarters.Tell the employees 15-30 minutes before the change.I was told by a person that was a manager at a station.
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ooohgas
Veteran Author Ohio

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Message Posted: Mar 5, 2013 5:52:22 PM

I'm sure they will it to lower prices more quickly. ya right
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RAE344
Champion Author Virginia Beach

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Message Posted: Mar 5, 2013 5:52:22 PM

This is a horrible idea for consumer.
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grandpadon28110
Champion Author Charlotte

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Message Posted: Mar 5, 2013 5:46:25 PM

It get the consumer sooner.
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humblepie
Champion Author Toledo

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Message Posted: Mar 5, 2013 5:43:24 PM

it seems the whole town here is hooked up to this system
now im waiting for them to use it when patrons are between
the pump and the cashier
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