Higher Fuel Prices Increase Pressure On Planet Antares Vendors

Planet Antares vending operators are quite concerned about the gasoline hikes, given the fact that many have already raised prices within a 12 month period to cover higher operating costs. You need to be sure about the level to which the prices need to be raised because there is no need to raise prices in the short term, only to raise them again after a period of time.

Most vending operators don’t think fuel surcharges, which vend product suppliers charge operators, are an option. In the short term, most operators felt that the only option they had was to raise prices or to ask customers to reduce commissions. Moreover, they could review routing and cull unprofitable accounts.

A number of operators have shifted to diesel fuel over the years but fuel costs have not differed significantly from gasoline, since both types of fuel depend on crude oil primarily.

Some of the Planet Antares vending operators have been forced to raise their prices because of the fuel price hikes. Other operators have not felt the need to pass on the higher fuel prices to their customers. They have tried to retain the original prices, hoping for the rise in prices to pass as a short lived cycle that the economy will come out of.

You can implement GPS system for your Planet Antares vending operations. This will surely reduce fuel costs. There are numerous strategies that can be used to counter the fuel price increases.

While operators are generally reluctant to raise prices, past experiences have proved that this task is easier when consumers see prices rising in other retail venues. Currently, the economic scenario is such that everyone is paying more for gasoline. With price hikes at supermarkets, consumers will be less resistant to rise in prices of vending products.