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Convenience Store Traffic Determined By Price Of Fuel, Location and Speed of Service

07/07/2022

Egg-NewsA recent survey conducted in May 2022 and available for purchase as the Convenience Experience Report investigated motivation by customers to use convenience stores and their specific needs.

 

Discounted fuel was a principal consideration for selecting a store.  Additional motivators included loyalty points, protection against credit card fraud and the availability of apps.  Gas price was overwhelmingly the most important factor in selecting a store among over 90 percent of respondents.  Approximately 64 percent will select the cheapest gas station if it involves proximity while the remainder will justify a more distant station, depending on price.

 

Egg-NewsA high proportion of the respondents indicated the need for fast service both in pumping gas and in purchasing a snack or meal.  Over half of the respondents indicated that they would skip a purchase, depending on the length of the service line with a third deferring a purchase if more than two people are awaiting service.

 

The Convenience Experience Report suggested that a high proportion of respondents would be more willing to use a convenience store if there was a drive through.  An equal number favored an app that would unlock pumps.  Drivers with electric vehicles requested fast-charging stations that would encourage food purchases from suitably equipped convenience stores.