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Every Gasoline Station Owners’ New Year’s Resolution

The new year has finally come! Many gas station owners are now indulging in retrospection and reevaluating what transpired the whole of 2020. New Year’s resolutions are the perfect opportunity for all of us to start making changes and progress.

Now is the perfect chance to sit down and prepare a list of resolutions that you want to change, make, and begin with. Having a resolution can help increase your profit line to lead your gas station business throughout the year. These are some resolutions to help grow your gas station business towards a successful 2021.

 

  1.     EMV Compliance

For every gasoline station that is not compliant yet or started the process, this should be the top priority on your list this year! Many gas stations require equipment upgrades and there is a huge demand for technicians. Planning for EMV compliance is necessary as you don’t want to miss the deadline and face financial risk with the liability shift.

 

  1.     Evaluate Your Services and Convenience Store

January will always be the best time to kick off the year with new exciting promotions and options for customers. Gather all the requests and rooms for improvement collated last year and assess your gas station business. Will they make any good changes? Do they make any financial sense? If yes, then proceed with the improvement as early as today.

Launching a new service or product can bring renewed customer’s interest and purchase. Think big and explore all-new ways for your station’s improvement. You may also market current products or services with a spin, adding new life to it. Give incentives to the car wash you already have or try putting “buy one, get one” punch cards for food or drinks if you are also operating the convenience store. 

 

  1.     Fast Forecourt

One of the biggest complaints that customers have about gas stations is the gas flow.  Warm weather and cold weather certainly will spark this complaint, especially with the Philippines’ humidity. Also, any customer that’s in a hurry will immediately notice slow-flowing gas pumps or dispensers. 

Are your gas pumps running slow? If you are finding that your gas pumps and dispensers are running slow, then you will need to either find the problem or upgrade. Start with checking your filters as they are the most critical element when it comes to fuel flow. Changing them regularly and following strict routine maintenance goes a long way with keeping your gas pump flow at optimal speed. If this is not workable, and you have checked your nozzles, then it is time for you to look into getting new gasoline pumps and dispensers.

 

  1.     Equipment Upgrades

Upgrading your equipment can make every task in the gas station easier and more efficient. It may also bring in new business and more loyal customers. 

Improving your point of sale (POS) system that will make your convenience store run faster and smoother is something that you may consider as well, in order to lessen the time in manually checking revenue and inventory. Upgrading your gas pumps and dispensers for modernization and branding may help give customers the impression that operations are running smoothly. 

 

TOIC has been successfully providing turn-key services and solutions for its clients and passing on savings from importation, logistics, warehousing, storage, and service. With the convenience and quality of providing products such as gasoline pumps and fuel dispensers and services of tank cleaning and tank calibration, TOIC Solutions has become a preferred supplier and partner of Petroleum companies in the Philippines.

Kick-off your gasoline station operations this 2021. Visit our website at www.toicsolutions.com to learn more!

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Why You Should Upgrade Your Gasoline Pumps

If you own a gasoline station, you may already have asked yourself if there’s a need to innovate or improve your gasoline pumps. Gasoline pumps are like cars, they don’t increase in value, but instead, once they are used, they begin to depreciate. Despite this, however, they increase the value of your business through the bottom line. Taking an outdated gasoline station and upgrading it will improve your customer traffic. And if you make wise upgrade decisions, you will be able to get many benefits.

Here are some reasons why you should consider upgrading your gasoline pumps:

 

Improve your gasoline pumps and your sales will improve

Taking the step towards innovating your gasoline pumps and your entire station will eventually make an impressive difference in your sales. Gasoline may be the main reason that people go to your gas station, however, the better experience they have, the more time they may spend making in-store purchases, which could mean an increase in your sales. 

 

New gasoline pumps lead to a reduction in your costs

Gasoline pumps and dispensers are prone to breakdowns, especially when the equipment gets older.  New gas pumps have warranties and will help you in terms of saving on maintenance costs that you may experience down the line. Another option is to buy reconditioned gas pumps, however, be wary and make sure that they are still of good quality. Choosing reconditioned equipment means that you will be able to upgrade all your pumps at a better price. Customers will be happy as newer equipment offers better security and that decreases the risk of fuel theft and payment fraud. 

 

Efficient operation gives you an edge

Gasoline stations with new innovative equipment are more profitable. Innovative gas pumps and dispensers will help a lot in speeding up your operational efficiency. Your gas station will be able to focus and cater to more consumers and eventually bring in more sales.

As a gasoline station owner, it is essential to always take good care of your station’s gasoline pumps and dispensers by upgrading them. This will help in terms of efficient operations and will give your consumers better security in terms of the risk of fuel theft. Upgrading your equipment will definitely give you more sales in various aspects. TOIC provides good quality products of Gasoline Pumps and fuel dispensers and services of tank calibration and tank testing to make your business operation more efficient which will help you generate more sales. Visit https://www.toicsolutions.com/products/pumps-and-dispensers/ to learn more.

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Best Practices Of A Gasoline Station Customer

Thousands of Filipinos fill up their gas tanks every single day. From maneuvering their driving skills to considering gasoline prices to visiting convenience stores for food and beverages, gasoline stations have changed throughout the years as consumers change in terms of their preferences and behaviors. With the changing consumer behaviors in mind, take note of these practices that can help keep your gasoline station business running.

 

Fuel Buying Behavior

Buying fuel varies by demographic. To further increase sales, knowing your customers’ demographic will be helpful to plan your marketing strategy.

Business owners observe that customers aged 35 to 49 will most likely purchase fuel in the morning. This is a great opportunity to build a convenience store and expand to breakfast food service that will cater to this segment of shoppers. Customers ages 65 and up tend to purchase fuel during midday – which can be advantageous for gasoline stations that offer snacks that might appeal to this demographic.

This observation is to look at the practices of these kinds of customers and an opportunity to build and strengthen marketing campaigns that will add more sales to your gasoline station.

 

Price Shopping

Fuel prices affect consumers on what and when to buy. With recent innovations and the rise of mobile apps, customers can now check for fuel prices before going to gasoline stations. Most likely, people would go for the best price of fuel. About two out of three customers will choose a station based on gasoline prices. For others though, gasoline prices are less important when the purpose of travel is intended towards a certain location wherein they will choose to stop at a gasoline station that is on the way or within the vicinity. Others too, prefer to stop at a gasoline station with a variety of restaurant or food options. 

 

Quality of Store and its Employees

The quality of gasoline stations, convenience stores, and its employees’ service influence customers on where they choose to go.

It is said that 44% of gas customers would make in-store visits. In-store sales create two-thirds of a store’s overall profits, so it is also essential for customers to have additional things to fuel in your store. Having a convenience store would also be beneficial for customers waiting for their car to be repaired. All of this will make big revenue for the business if you offer excellent choices in shopping or offer promotional deals tied to other services.

When it comes to employee-customer relations, gasoline stations are no exception. Employee interaction is greatly appreciated when they know how to operate at the gasoline station and serve their customers with satisfaction. As for business operators, focusing on your customer journey experience will make a big difference in keeping your customers coming back to you as their preferred one-stop-shop.

 

Experience at Gasoline Pumps

Employees must be attentive at the gasoline pumps for them to serve their customers with satisfaction. Moreover, customers perceive their experience at the gasoline pumps to influence their decision on stopping at your location.

The overall appearance of your gasoline station is also a big consideration for return customers. Aside from that, always make sure that your gasoline pumps and fuel dispensers are in good condition because no customer would want to stop and fuel at a dirty slow fueling station. If your gasoline pumps and fuel dispensers are old and not functioning well, it’s time to upgrade them to high-performance equipment that can be found at TOIC Solutions.

 

Studying Your Customers and Your Gasoline Station

While observing your customers every now and then is part of the operator’s daily routine, it is also time-worthy to take note of your customers’ feedback. As they say, word of mouth greatly influences other people to perceive your business. Have the opportunity to talk to them once in a while to make your customers feel that they are very important.

 

Customers help your gasoline station earn big revenues. Setting aside customer’s needs, you should also identify what your gasoline station needs to perform its best and to serve customers and keep them coming back. When upgrading equipment, look no further than TOIC Solutions. We have the best high-quality service station equipment for every gasoline station.

Our best products come from Gilbarco Veeder-Root, the global leader in fuel dispenser technology and integrated fueling solutions, from the forecourt to the c-store. To gain more experience and to learn more, visit our website for the finest gasoline pumps, fuel dispensers, and Automatic Tank Gauge to operate your gasoline station at its best. Not only that, we have services of tank testing and tank calibration to ensure your tanks away from leakage. Just send in your inquiries as we look forward to serving you better!

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Are Gasoline Stations Good Investments?

Gasoline stations can be a good investment, just like any other business. Especially when the gas stations are well-located and well run, they can generate good profits. Keep in mind however that the gasoline station business is also labor intensive. Your skills to operate profitably varies largely on factors like road construction and fuel price which are beyond your control.

Here are some insights before investing in a gasoline station.

 

Nature of the business

In terms of financial perspective, gasoline does not matter much at most gas stations. Unless your location is good and it lets you charge an above market price for your gasoline, gas or petroleum sales are only marginally after credit card fees. Most gasoline stations earn sales through their convenience stores or any additional services including car wash.

 

Analyzing the Numbers

The operations of gasoline stations are valued relatively to their sales. But, when you look at a gas station’s sales, it is essential to break them out by category. Products like gasoline can bring lots of sales but little profit, while other products are opposite. Also, it is difficult to analyze a gasoline station’s performance since a large amount of cash transactions can result in inaccuracies in the financial records.

 

Gasoline Station Risks

Investing in a gas station can carry some risks as well. Since most gasoline stations are dependent on vehicular traffic to keep their business going, changes in traffic patterns can cause an adverse impact on business performance. It is very essential to analyze what factors could be coming. Also, gasoline stations are exposed to environmental risks. It is very important to understand various risks that may affect the business.

 

Gasoline Station Real Estate

Instead of buying the actual gasoline station business, you could also buy the real estate underlying a gas station and become a landlord to an operating business. Doing this makes the investment much more passive for you since you are essentially your own landlord and you cut off pressures on paying rent. 

These are some insights prior to investing in a gasoline station business. A petroleum or gasoline station business has its own advantages and disadvantages depending on how you will manage the business. It is very essential to educate yourself regarding the industry to operate your business properly. Also, a gasoline station business requires a hands-on investment. If you don’t actively manage your account, you could lose your investment. Are you ready to take the big step in investing in gasoline station equipment? TOIC provides high-quality service station equipment needed for your gasoline station. Our products offer gasoline pumps and fuel dispensers and also we have services for tank calibration and tank testing to keep the operations running. Visit https://www.toicsolutions.com/ for more information.

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Why Gas Prices Vary Around The Philippines

For any car owner, the topic of gas prices will always be important. From price hikes to rollbacks, vehicle owners only have information to gain when tuned in to these topics. While the price changes are often declared in the news, one must have come across other gas stations that show otherwise, perhaps cheaper than pricing from usual gas stations. 

If you are one of those people who have wondered why the prices of gasoline change depending on locations, you’ve come to the right place. The easy answer to the question, turns out to be that there is no single answer, but rather a collection of factors at play. 

 

Price

The price is usually determined by retail managers. They use a variety of factors to determine the price of the fuel, one of which includes the price of the fuel when it was purchased from suppliers or distributors. 

 

Cost of transport 

The price of fuel will also depend on how much it takes to deliver the fuel from the depot all the way to the station. With this, you can see why in far-flung areas, the cost of fuel is higher than usual. This goes the same as in expressways. Gasoline prices along expressways tend to be higher compared to those you see when exiting the central business district. If you ever noticed, gasoline prices are usually much lower in big urban centers such as Manila and Cebu as these are highly developed areas. 

 

Competition 

Competition from other companies in the area is another factor. This catapults into a “price war” among similar establishments, which usually brings about lower prices in an attempt to be competitive, while the absence of competition results in higher prices. 

 

For the everyday customer what this means is that the prices of gas stations are not raised at whim but are still reasonably priced, with permission from the petroleum company’s main office. 

Learn more about how gasoline stations work by checking out more of our blogs. When it comes to solutions for gasoline stations, we have a variety of products that a gasoline station equipment needs such as our gasoline pumps and fuel dispensers. At the same time, we provide services such as tank calibration and tank testing for your service station equipment. To learn more, look no further than TOIC Solutions with our expertise.

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Marketing, Promotions and Packaging Products

Through partnership with sister company, Global Procurement Inc. (GPI), TOIC supplies marketing, promotion and packaging companies to various FMCG, Fastfood and consumer goods companies. TOIC/GPI provides conceptualization, design, and execution services and materials to meet the growing marketing needs of its customers.

OTHER PRODUCTS

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Why You Need to Use an Automatic Tank Gauge (ATG)

A gasoline station is consistently being monitored for safety and it’s important that every gasoline station is quick to adapt to new equipment that is effective and secures safety.

Many gasoline stations have been through a lot of changes in terms of operations, service offering, and by investing in the best equipment for safety. If we’re talking about equipment that offers convenience for every gasoline station operation, the Automatic Tank Gauge (ATG) is the answer as it is the best operational equipment for fuel monitoring. 

 

ATG protects your business investment.

Automatic Tank Gauge helps assess a gasoline station’s total operations and it tailors a tank monitoring system that provides timely access to the information you need to prevent losses to your product, profits, and reputation.

It’s important to have equipment that helps monitor your tank level at all times and other interstitial spaces in your tanks and in your piping. Tank levels and temperatures should be monitored to ensure the integrity of your product. Consistent monitoring helps prevent a lot of possible disasters and appropriate precautions should be taken.

 

These are the three functions of an Automatic Tank Gauge:

Compliance Tracking / Monitoring.

Installing an ATG will help a gas station perform an accurate compliance test and can help detect leaks, pump flow rates for better monitoring and inspections.

In addition, it can also keep the documentation that is necessary to supply inspectors. Many tank gauges also include a printer for creating physical documentation at set times.

 

Inventory management.

An ATG gives you the most accurate inventory anytime. It even has different options for advance monitoring including Accuchart, Inform, Insite 360, etc. It minimizes loss on product contamination or tank leaks as it quickly reveals sudden loss, leaks, or theft.

Leave behind the unsafe manual reading and human error for the ATG has six-point alarms on overflow high product, delivery needed, water alarm, etc.

 

Fuel Management

An ATG provides the best real-time fuel management for 24-hour incident response, immediate emergency response, and agency notification. It also keeps regulatory filings, permits, and registrations.

It also identifies losses by category: blend, meter, chart, inventory, equipment, delivery, and more. An ATG no doubt gives you access to the most advanced tank charts.

 

Overall, an Automatic Tank Gauge is one-of-a-kind and highly convenient tank gauge with the most advanced fuel monitoring technology being used by over 500,000 tanks worldwide. It allows you to sleep easy knowing that your gasoline station operations are monitored and safe 24/7. 

If you want to learn more about the ATG – Vender root and more of our products such as gasoline pumps and fuel dispensers and also our services such as tank calibration and tank testing for your service station equipment, visit our website at www.toicsolutions.com or contact us at info@toicsolutions.com.

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Factors To Know When Looking For Retail Fuel Service

Fuel stations bring significant revenue when operating with convenience stores (c-store). It drives customers to return not only to gas up their cars but also when they need immediate things that can be found in a c-store by the nearest gasoline station. 

 

A Retail Fuel Service that Recognizes Distribution Logistics

The most critical element of operating a profitable fueling station and handling fuel price volatility is inventory management. As for gasoline station owners or operators, you can’t control fuel prices, but the last thing you remember is to run out of gas or be carrying too much inventory of a certain grade of fuel.

Consider upgrading to a retail fuel service that provides consulting services and recommends best practices around fuel management and vehicle maintenance. This will encourage owners and operators to acquire all the necessary information in order to maximize the productivity of their fuel supply and meet consumer demand.

 

A Retail Fuel Service that Delivers Responsive Custom Service

From increased consumer demand to weather and traffic patterns, all can make unforeseen situations. As for customers, look for a retail fuel service provider that responds to your emergency needs without postponements such as offering a quick and reliable oil change service and free preventive maintenance checks. Also, an outlet that caters to your basic vehicle service needs which include tune-ups, transmission works, minor mechanical repairs, brake system maintenance, etc.

Moreover, a retail fuel service operator should have an extensive network of reliable, professional, and friendly technicians that are equipped with the knowledge and skills to provide you with excellent service and keep your vehicle running right. In this way, customers can worry less on their next trip with a proper check-up that covers all the major aspects of your customer’s vehicle, from cleaning mirrors to changing oil.

 

A Retail Service Provider that Offers Convenience Beyond Fuel

Cars come and go but when you have other amenities that offer beyond what your c-store and fueling station can do, consider adding it to your products and services to keep your customers coming back. With fast competitions among service stations, opt for something that your customer’s car always needs such as oil changes and maintenance services on site. All of this is essential to what your retail service needs in order to be appealing to your customers

Maximize the lot where your service station stands by adding up a garage that services lubricant removal, oil recycling, and other petroleum-related services. This saves owners and operators a lot of time and resources as it makes operating these areas more convenient.

 

Maintaining a c-store and gas station is as important as preserving the usefulness of its main gear such as gasoline pumps and fuel dispensers. In order to preserve its parts in the long run, opt for a brand that offers high-quality equipment that is designed specifically for the demanding requirements of fleet and commercial fueling needs.

TOIC Solutions offers the next generation Gilbarco’s classic “Advantage Series” that provides reliable fueling with a range of new security and throughput features. Gain an edge over your competition by choosing Gilbarco’s range of cutting edge and future-proof service station equipment and convenience store technology. To learn more, send your inquiries at https://www.toicsolutions.com/contact/.

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How to Determine The Life Expectancy Of A Storage Tank

Underground storage tanks can cause worry to homeowners and business owners because oil tanks don’t last a lifetime. The average life expectancy of an underground storage tank is 10-15 years, but many variables affect the prediction of the storage tank’s life span. These factors include stray electrical current, quality and thickness of steel, elevated water table, ph of the soil, and many more.

Even if you think that your tank does not have any issues, be proactive by removing and replacing your underground storage tank before a problem occurs, because a leaking oil tank contamination cleaning is expensive and it can affect your real estate transactions. A preventive tank removal may avoid that expensive cleanup. On the other hand, aboveground storage tanks are not exposed to similar situations compared to underground storage tanks, but did you know that they can corrode prematurely and potentially leak? If you currently have aboveground storage tanks it is a must to meticulously observe the following: rust or metal flaking, wet spots on or directly beneath the tank, and oil odors.

Most homeowners usually remove and replace tanks and change fuel sources. Because of real estate transfers, insurance carriers are requiring this because of the possibility of potential cost exposure if the tank leaks.

It is very important to perform tank testing because without it is very difficult to detect if you have a preexisting problem with your tank. The longer you leave your tank in the ground the more you increase the possibility of leaking. Also, if your tank has begun to leak, the more time you leave this on the ground, the more expensive will be your clean up contamination. That’s why it is better to be proactive before a bigger problem arises. This will also help in avoiding costly cleanups for your storage tank.

It is recommended to have routine tank testing to prevent leaks, disasters, and avoid costly damage cleanups. It is very essential to ensure the safety and reliability of your tanks. Always be proactive in managing your tank and have a clear insight in terms of the life span of your storage tank to determine when to replace it. For more services about storage tanks, TOIC Solutions provides the best quality products and services for improved efficiency such as tank testing and tank calibration.

And as the exclusive distributor of Gilbarco Veeder-Root Gasoline Pumps and Fuel Dispensers, we assure you that your gasoline station equipment will deliver a high level of expertise and gives you a competitive advantage in gas station and service station equipment. Visit https://www.toicsolutions.com/ for more information.

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Benefits of Installing an Automatic Tank Gauge

An Automatic Tank Gauge (ATG) is an important electronic device for every gas station. Its basic function is to monitor the fuel level in the tank accurately to make sure that the tank is not leaking. It also indicates what is happening inside the tank such as the fuel level, water level and volume, temperature, and high and low fuel level warnings.

Installing an ATG is useful for monitoring your tank at all times and other interstitial spaces in tanks and piping. There will always be an ongoing measurement of tank levels and temperature to ensure the integrity of your product and to help avoid gas leaks. ATG’s are the most cost-effective monetary system to check up on your tank gauge.

Here we’ll list down the benefits of Installing an Automatic Tank Gauge:

Installing an ATG is cost-efficient

Having a device that monitors the maintenance of your gas station prevents accidents from occurring. Having an ATG is worth your investment as it ensures a safer place and guarantees protection for everyone in the vicinity. For gasoline station owners and operators, it is an investment worth knowing the everyday performance of their equipment.

 

An ATG will save you and the workers so much time.

ATG’s are excellent additions to your fleet’s maintenance. It is mostly placed above or below the tank so anyone can easily monitor the fuel or lubricant volume to assess the tank condition without having a hard time. It can also be wired or remotely accessed via a wireless modem.

Gone are the days of inaccurate, hard, and unsafe manual maintenance with ATG you will be able to get the most accurate inventory at all times and will help minimize a loss on product contamination or tank leaks.

 

An ATG ensures the conservation of your equipment.

Another key benefit of installing an ATG is the reassurance that you will always have enough gas on hand to meet your inventory needs. ATG systems have an alert function to help you maintain all tanks perfectly. It will automatically tell you when you need to re-order and refill.

One thing that the operators always neglect is the overall maintenance of different equipment while some even ignore leaks and aren’t alarmed by it. Nonetheless, the purpose of having an ATG is to know that no leaks will go undetected and problems will be resolved and fixed immediately.

 

ATGs are continuously improving and evolving.

Now that electronic devices are gradually evolving, the ATG also follows. It remains a software solution to help maximize time management for deliveries and inventory transparency. An ATG aims to specifically protect your fluid inventory needs and makes you stay at ease to be able to focus your attention on customers and other business needs.

 

In conclusion, Automatic Tank Gauges are needed for accurate control of your tanks and getting the best result of tank management with less effort. There’s a wide range of different industrial ATGs so make sure to trust a trading company that is involved in the distribution of a range of technology, equipment, and solutions.

Trans-Overseas Industrial Corporation provides turn-key solutions for its clients from logistics, warehousing delivery, installation, commissioning, and services of its product. We are committed to securing all the top-notch service station equipment such as gasoline pumps and fuel dispensers you need for your gasoline station.

Our Automatic Tank Gauge (ATG) Vender Root is the most experienced provider of fuel tank monitoring systems in the world. It does more than just automate your compliance and fuel monitoring but it also protects your business investment. Vender root ATG systems help you assess your total operations.

If you are interested to learn more about ATG – Vender root, visit our website at www.toicsolutions.com or view our products such as gasoline pumps and gasoline dispensers and services such as tank testing and tank calibration or contact us at info@toicsolutions.com.

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