
As a result, gas station owners can ensure that they generate enough revenue to stay in business through other creative means.Īlong with the convenience store advice already listed, independent gas stations can set their own prices as they are not bound by the standards of other big brand companies this can help attract consumers who solely look for the lowest prices when choosing where to stop. Federal gas excise tax, state fees and other taxes all factor in.ĭue to competitive pricing, state and federal taxes and profit margins, gas stations may be unable to change their prices depending on where they are located. The main reason for this comes down to competition and profit margins.Īs one article states, "Gasoline retailers have to buy their gas from somewhere, and wholesalers have their prices." It also comes down to taxes and the gas stations' location. Most consumers look for the best price when filling up their cars, but it has become more difficult because many places charge around the same price. Gas stations across the country have gas prices currently ranging from $4 to $7 per gallon. A gas station owner can only do so much when it comes to rising gas prices, but there are countless other ways to entice a consumer to visit. This will ensure that business owners can connect with as many clients as possible while also enhancing the livelihood of these customers. Owners may also want to consider advertising not only at their gas stations but online. When customers shop at a gas station convenience store, owners should accept programs such as EBT or eWIC to broaden their consumer base. It is of the utmost importance that gas station owners have everything they need to offer the best service to their customers. If customers see an advertisement that catches their eye, they will likely go to that gas station versus another one and are more likely to go inside to buy items after purchasing gas. This can increase customer traffic as well as revenue for gas stations. Convenience store owners may also run a "buy one, get one free" promotion for customers who shop at their establishment.
