FLORHAM PARK, N.J.--(BUSINESS WIRE)--KSS Fuels announced today that Mark Oil has selected PriceNet Cloud to support fuel pricing across its network of 17 retail locations. In addition to the benefits to its fuel pricing process, Mark Oil was attracted by the speed, ease of implementation and low overall cost of ownership.
“We’re impressed with how easy and quick it’s been to combine our existing skills and resources with PriceNet Cloud. We feel more confident about our ability to react faster to competitors and price optimization ensures our prices deliver on volume and margin goals.”
Mark Oil was looking for a way to enhance its fuel pricing skills to compete more effectively. Implementing price changes faster and using business analytics to help make better price decisions were key requirements. PriceNet Cloud was chosen because of its ability to propose optimum prices via price optimization and allow fuel pricing analysts to adjust the price and see the impact on volume and margin before implementation.
“Making the right pricing decisions quickly and implementing them fast is our goal and we identified PriceNet Cloud as the best available answer,” stated Bill Tome, President of Mark Oil. “We’re impressed with how easy and quick it’s been to combine our existing skills and resources with PriceNet Cloud. We feel more confident about our ability to react faster to competitors and price optimization ensures our prices deliver on volume and margin goals.”
“Helping fuel retailers of all sizes to compete more effectively and deliver on their chosen strategy is our goal and PriceNet Cloud is proving to be the most cost effective solution for companies like Mark Oil,” stated Bob Stein, President and CEO of KSS Fuels. “We’re thrilled that they decided to partner with us and we look forward to helping them optimize business performance.”
About KSS Fuels
KSS Fuels is the global leader in fuels pricing and retail location intelligence, with proven software, analytics and consulting solutions that draw upon more than 40 years of expertise and insight into the needs and opportunities of petroleum retailers. Clients benefit from having a single, integrated source for the data-driven intelligence necessary to optimize pricing strategies and evaluate and manage retail network locations. KSS Fuels has headquarters in Manchester, United Kingdom and Florham Park, NJ as well as operations in Florida, Illinois, Ohio, Oklahoma, Texas, Canada, Brazil, China, India, Japan, Korea and Africa. For more information about KSS Fuels, please visit www.kssfuels.com.