Caltex putting digital foundations in place via App

In this article (4)
Caltex Australia is investing heavily in new technology to make transactions at its petrol stations and convenience store sites more simple and seamless and enhance the customer experience as it expands into new areas, such as fresh food, healthy fast food, parcel collection and other services. The convenience retailer on Tuesday laid out a vision for the business that includes enabling customers to pay for fuel and pre-order coffee via app and updating prices and promotions in-store using digital signage. It is also testing use cases for payment via facial recognition and number plate recognition.
Caltex believes these innovations will give it a competitive advantage in the lucrative $8 billion and growing convenience market going forward.
The company’s innovation team, based out of the “C-lab”, was able to deliver a prototype of mobile checkout and mobile payments within weeks of the visit to China, and is now working on selecting appropriate sites for live trials, Da Ros said.
This is just one example of the digital-first mindset the company has embraced through its work with technology partner, Microsoft.
“It’s not about isolating a digital lab or a digital strategy, but instead it’s about ensuring seamless connectivity between key systems, processes, operational workflows and customer touchpoints – everything is connected,” Da Ros said about the company’s approach to innovation.
This customer-first approach has led Caltex Australia to consider how it might enter new areas, as including fresh food, healthy fast food, parcel collection and a range of other services, as Australian demographics shift to two-income, time-strapped households.
“The customers of the future will log in to their Caltex app, arrange to pick up the dry-cleaning and select something for dinner. They then drive into the Caltex site and an attendant will come to the car with everything the customer has ordered – including their favourite coffee,” Caltex CEO Julian Segal told.
The technology investment comes as Caltex undergoes a significant transformation to position itself for growth in the highly competitive convenience market. This includes buying back hundreds of franchisee retail sites, growing retail and convenience revenues, strengthening fuel loyalty and embedding a digital-first mentality across the entire organisation.
Questions & Answers
Q.Which new areas is Caltex Australia planning to expand into to enhance the customer experience?
Which new areas is Caltex Australia planning to expand into to enhance the customer experience?
Caltex is expanding into fresh food, healthy fast food, parcel collection, and other services. They aim to cater to the changing demographics of two-income, time-strapped households in Australia.
Q.What specific digital technologies is Caltex testing or implementing at its sites?
What specific digital technologies is Caltex testing or implementing at its sites?
Caltex is enabling customers to pay for fuel and pre-order coffee via an app, and updating in-store prices digitally. They are also testing payment using facial and number plate recognition technologies.
Q.What is the broader business strategy driving Caltex Australia's investment in technology?
What is the broader business strategy driving Caltex Australia's investment in technology?
The technology investment is part of Caltex's transformation to compete in the convenience market. This includes buying back franchisee sites, growing retail revenues, and embedding a digital-first approach across the company.
Reader pulse
Is this a smart move for Caltex's future?
21,432 votes so far