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