The fuel business is not built on a future platform. It has a use-by-date and millions of independents, corporates and their consumers who depend on this business don’t know this date and aren’t planning for its inevitable arrival.
The Petrol and Convenience industry in Australia has remained largely unchanged for decades. Business owners have been able to rely on a framework of straightforward transactions and dependable streams of revenue, while incrementally adding supply chain refinements, marketing enhancements and digital components.
But if we only look at the surface, we miss the future.
There used to be 20,000 service stations in Australia. Today, there are about 7,000. Why? Fuel efficient vehicles meant that dependable stops on tens of millions of journeys ceased to be dependable. What happens when you add more alternative fuel vehicles, shifting purchasing habits, and the increasing impact of a circular economy?
“As more Australians look for government and big business to take a stand on issues of sustainability and beyond, Rennic believes the answers lie at a community level. We’ll create the bedrock that will allow SMEs to prosper as beacons of sustainability and community long into the future.”
Nic Moulis
Founder, Rennic Group
The Rennic Group is aligning their unique combination of knowledge across Data, Distribution, Retail and Development, to deliver a new model. Not just for the Petrol and Convenience industry, but for all small businesses across Australia who understand the importance of Sustainability and Community. Today, the group is engaged in projects across Queensland, New South Wales and Victoria with many more to come.
