Multi-tiered pricing capability now available with Fas Mart chain
Florham Park, NJ | February 27, 2014
Kalibrate Technologies (formerly KSS Fuels) is pleased to announce the availability of multi-tiered fuels pricing in the latest version of its fuel price management system, PriceNet. Developed in close collaboration with GPM Investments, LLC, owners of the Fas Mart®, Shore Stop®, Youngs, Li’l Cricket, Scotchman Stores®, Breadbox and other convenience store chains, the new capabilities will permit fuel retailers to manage multiple prices per grade such as cash, credit and loyalty or member discount prices by fuel grade type.
“With swipe fees continuing to impact retailer margins and the growth of loyalty schemes aimed at discounting the price of fuel, retailers are looking to technology providers like Kalibrate to help them efficiently manage multiple prices per grade and per site,” stated Bob Stein, president and chief executive officer of Kalibrate. “PriceNet now allows retailers to determine optimal cash prices and then apply rule-based discounts or offsets for other payment types or service levels.”
“Our ability to offer different prices for different levels of service or payment methods is a key competitive advantage for our brands,” said Chris Giacobone, chief operating officer of GPM Investments, LLC. “PriceNet will help us execute our differentiated pricing through the Fas CASHBACK program.”
Kalibrate will continue to follow industry trends of fuels pricing and incorporate into PriceNet to provide clients with the flexibility to generate optimal prices at the pump.
Kalibrate (formerly KSS Fuels) is the only global provider of fuels pricing and retail location intelligence, helping retailers fine-tune decisions to deliver on performance goals. Its proven software, analytics and consulting solutions draw on more than 20 years of expertise and insight into the needs and opportunities of petroleum retailers. Kalibrate has headquarters in Manchester, United Kingdom and Florham Park, New Jersey. The company also has a Center of Excellence in Tulsa, Oklahoma and sales operations in Florida, Illinois, Ohio, Texas, Canada, Brazil, China, India, Japan, Korea and Africa. For more information about Kalibrate, please visit Kalibrate.com.