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01-12-2009, 04:02 PM
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#1 | | I Will not Admit my Addiction to RS
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| Need help from people who is working or worked for a gas station
Hi All,
I am doing some research on gas station retailers. I need to know the mark up of the items that they offer:
What is the mark up on gas?
I guess the majority of the candy bars and such are all standard.
What are the peak times of operation?
When / Who does the price change decisions? is there a strategic time for any changes to be made?
Thanks for all your help.
David
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01-12-2009, 04:06 PM
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#2 | | Banned (ABWS)
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Jeeze the fail in this thread is already extreme.
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01-12-2009, 04:10 PM
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#3 | | Banned By Establishment
Join Date: Mar 2006 Location: Richmond
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wow
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01-12-2009, 04:12 PM
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#4 | | retired
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I was a manager at Chevron before, so I hope this helps.
Peak times are mostly in the afternoon around 4/5 ish
Early mornings have a good rush sometimes since a lot of people fill up before work.
I'm not sure of the markup on gas, but the retailer of the station makes squat on the gas itself. Since the gas belongs to the head office, they are pretty much loaning the gas to the stations and the station gets a very small percentage of it.
The profits in a station are the in-store sales, such as candy etc. Cigarettes make a lot of $$.
The price drops are usually determined by surveying near by gas stations. I have no clue who drops first, but when we figure out they drop, we call it into head office, and they will eventually page us and inform us to change the price.
It usually drops late afternoon/early evening and usually goes back up around 10/11 pm.
Mind you, this was in 2005/2006. I'm not sure how things have changed since then etc.
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01-12-2009, 04:13 PM
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#5 |
Join Date: Apr 2006 Location: Burnaby
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markup on gas is 300%
candy bar on average is $0.15 cost
all drinks have a standard markup of 125%
peak times are before / after work / fridays before a long weekend
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01-12-2009, 09:14 PM
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#6 | | HELP ME PLS!!!
Join Date: Nov 2005 Location: vancouver
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gas station dont make that much money off gas
most of the money come from the in-store purchases
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01-12-2009, 09:19 PM
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#7 | | HELP ME PLS!!!
Join Date: Jan 2004 Location: here
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gas markup is around 2-3 cents for the station owner. maybe a bit more now, that was back when it was 50-60 cents
stations get called to change prices. probably from a head office somewhere, it's not up to the station.
Last edited by johny; 01-12-2009 at 09:21 PM.
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01-12-2009, 09:29 PM
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#8 | | I contribute to threads in the offtopic forum
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on revscence.... seriously?
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01-12-2009, 09:39 PM
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#9 | | ESKETIT
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nice
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01-13-2009, 07:58 AM
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#10 | | Willing to sell a family member for a few minutes on RS
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good stuff
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