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There are broadly two operating models for petrol / gas forecourts. Either the shopper fills up and then goes inside the store to pay for their fuel and then (hopefully) other purchases, or they are asked to pre-pay by either going into the store or paying at the pump before fuelling.
The benefit of the pre-payment model is the risk of loss, through drive offs, or the customers not having a means of payment, is near zero. However, this model adds friction to the shopper journey and does not optimise the up-selling opportunity inside the shop.
In this podcast, Professor Adrian Beck and Colin Peacock consider how some retailers are lowering the risk of drive offs through computer vision using ANPR / LPR technology, digital incident reporting. While also recognising the importance of collaboration, especially with law enforcement to further reduce and prevent the risk of drive offs.
Hosted on Acast. See acast.com/privacy for more information.
There are broadly two operating models for petrol / gas forecourts. Either the shopper fills up and then goes inside the store to pay for their fuel and then (hopefully) other purchases, or they are asked to pre-pay by either going into the store or paying at the pump before fuelling.
The benefit of the pre-payment model is the risk of loss, through drive offs, or the customers not having a means of payment, is near zero. However, this model adds friction to the shopper journey and does not optimise the up-selling opportunity inside the shop.
In this podcast, Professor Adrian Beck and Colin Peacock consider how some retailers are lowering the risk of drive offs through computer vision using ANPR / LPR technology, digital incident reporting. While also recognising the importance of collaboration, especially with law enforcement to further reduce and prevent the risk of drive offs.
Hosted on Acast. See acast.com/privacy for more information.