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NATSO Blog: March 2019

Five Retail Trends Your Truckstop Should Be Adapting to and Exercises to Explore Them

Posted in: Truckstop Business, Marketing & Retail

In preparation for NATSO Connect, I took a fresh look at the trends influencing the industry. Truckstops and travel plazas should be adapting to each of these trends.

Number 1: Rise of Experiential Retail
According to the article, “The old model of in-store (and even online) retail strictly focused on products being sold. However, consumers have slowly but surely been moving away from strictly shopping for products, instead seeking a more engaging experience”.

The trend was originally driven by younger consumers and their preference for experiences over price and product, however that no longer just the case. Young and old are less likely to spend money in places where the experience is poor regardless of how great the prices are. There is a growing feeling that my money is worth something and if I plan on spending it better be a worthwhile experience.

“Even so, simply remodeling a store isn’t enough,” the article continues. Nearly 5,000 stores closed in 2018 and some experts believe another 4,000 are expected to close their doors in 2019, and “the brands that do survive will have done so by creating engrossing experiences”.

What Should You Do:

Get a pencil and pad of paper.
Identify your three busiest diesel fuel gallon times and days.
Schedule an extra employee on these days.
Create a mini menu for breakfast and lunch of grab-n-go foods.
During these identified times, the extra employee armed with proper safety gear should ask drivers while they are fueling if they can get them anything to eat and drink such as a breakfast burrito and coffee and or a PBJ with chips and milk.
This will create a positive experience.

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