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forecourttech April 19

A monthly technology magazine for the evolving retail forecourt.

A monthly technology magazine for the evolving retail forecourt.

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<strong>forecourttech</strong><br />

remotely it could become a co-working space. Retailers<br />

then need to think more about the in store experience. Just<br />

one great example of this is Maxol in Ireland, who won an<br />

Honourable Mention for their M3 Mulhuddart motorway<br />

station at the NACS International Convenience Retailer of<br />

the Year Award in 2017. They have a range of food offers<br />

and children’s play areas, so families go there because<br />

they want to. They leave home in their car with a motorway<br />

station in mind,” he added.<br />

Whilst convenience can be easily achieved online, more<br />

and more online retailers are investing in physical stores to<br />

deliver experience to their customers. China’s online retailer<br />

Alibaba is using a ‘New Retail’ model to meld the online and<br />

offline experience. In the last year they have opened 65 retail<br />

sites, that use mobile apps, online payments and a host<br />

of other cutting-edge technologies to provide a unique customer<br />

experience. Customers can even order from home<br />

and typically, customers within a three-kilometre radius can<br />

receive their groceries within 30 minutes.<br />

“In a recent discussion with Alibaba in China, they explained<br />

to us why they, as an online retailer, are opening<br />

physical stores: ‘We need stores to deliver experience. It’s<br />

not necessarily about selling but building the relationship,<br />

allowing customers to connect, trust and get to know the<br />

brand’, something that our industry truly has an advantage<br />

in that we can utilize,” explained Mark.<br />

Self drive cars<br />

Self-driving cars are here. Whilst mass adoption is still a<br />

way off, the technology is there.<br />

“It all comes down to owns the customer of the future. At the<br />

moment if a customer wants a drink they decide where to<br />

stop. If there is a self driving vehicle then who tells it where<br />

to stop? Is it Google because the data is based on maps?<br />

Is it the customer? Does the vehicle make the decision<br />

based on consumer habits or companies’ promotions? This<br />

question has not yet been answered. It is a threat and an<br />

opportunity,” said Mark.<br />

“At the International Forecourt<br />

Standards Forum (IFSF), we are<br />

following all of the trends that Mark<br />

has highlighted above with interest.<br />

We certainly agree that those who<br />

do not embrace these changes are in danger of being left<br />

behind. What we are seeing is that to allow the fuel retailing<br />

landscape to keep up with and hopefully lead other market<br />

segments, all elements of the forecourt and backcourt need<br />

to be able to easily interface not only with each other, but<br />

also with the myriad of platforms now hosted in the “cloud”.<br />

In order for this to happen, all parties need to use standards<br />

not just within their own geography and segment, but<br />

globally, to be able to benefit from break-in technologies<br />

from existing software and hardware vendors, plus new<br />

innovators. To this end, IFSF provides standards and<br />

implementation guides that allow for the interoperability of<br />

the new technologies along with the legacy technologies<br />

enabling fuel retailers to operate and offer both for many<br />

years to come.”<br />

Heather Price, Chair, IFSF<br />

pagethirteen<br />

Mark Wohltmann will be discussing ‘The end of the<br />

forecourt as we know it’ at <strong>forecourttech</strong> ’<strong>19</strong>. The key<br />

note presentation will feature exclusive insights from the<br />

most recent NACS Global Issues Survey on technology<br />

and will look at trends and disruptors as well as examining<br />

how emerging technologies could change the way<br />

consumers interact with the c-store, that may fundamentally<br />

change the face of fuel retailing and forecourt<br />

convenience as we know it.<br />

For more information visit www.<strong>forecourttech</strong>.com<br />

#<strong>forecourttech</strong> @<strong>forecourttech</strong> www.<strong>forecourttech</strong>.com

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