Hi guys, how are you?  I am back again with yet another article.  Let’s get right to it.  It seems as if Total is the kingpin in Zimbabwe when it comes to fuel.  Everyone that I come across says that they prefer it over the likes of ZUVA, Engen and others.  People say that Total fuel lasts longer thus in their eyes it gives you more value for money.  I have also been told that Total sells either unleaded fuel or E 5 fuel, not the E 10 fuel that people claim other service stations sell.  Like any rational company should do Total has taken advantage of this perception that people have of them.  Their pricing strategies have included selling their fuel at a higher price than everybody else, at $1,48 per litre for petrol.  Others range from $1.45 per litre at ZUVA, the ‘Energy Everyday’ guys to $1.30-something at MAPS Petroleum.  I have never been at MAPS so I am not sure how much they sell their fuel for.  Word of mouth has played a huge part in Total’s success so they have to be doing something right.  However, me being me, I prefer to make purchasing decisions based on facts, so I conducted a little analysis of their pricing strategies.  I set out to determine, based on my own experience, the best service station for me. Let us see what happened.

I will start by explaining my methodology.  This methodology is a small example of one of the numerous approaches that I would take if I were to come up with pricing strategies whatever I will be selling.  Companies should use such approaches to creating pricing strategies, we would all be happier if they did.  This example or approach to creating pricing strategies can be applied in any industry where there is an exchange of money for products/services and where there is some form of competition going on.  In this exercise I was looking at the following factors:

  1. Price – The actual cost of the fuel
  2. Time – The amount of time that is required in order to acquire the service
  3. Energy – The amount of effort that is required in order to acquire the service
  4. Psychic – The effect of the transaction on my emotions, psychology etc.

I rated each service station out of 10 and the lower the mark the better for the service station because this would mean that the product costs less for me to use it.  I will also briefly explain the reasons why I gave the service station that mark.  This will help should you want to carry out the exercise yourself when trying to come up with your own pricing strategies.

Allow me to digress a little bit and ask you a quick question:  Do we have ‘service stations’ in Zimbabwe or we have ‘filling stations?’

Anyway let us begin.  These tests were run using a Mercedes Benz E 280.  Kindly note that they were not those scientific ‘100% accurate’ types of tests.  It was just me in my car zooming along.  But then that is what everyone else does, right?  We make our decisions based on our own experiences, regardless of whether or not the results are accurate.

presse1

Total

a) Price – $1.48/litre.  Performance – 9.05 km/litre.  Range – 633.50 km per full tank.

b) Time – The Total service station in Samora Machel is near my flat so it does not take time to get there.   There are usually queues of other cars that fill up there as well so you rarely just get in and out of the place.  It is not a place to go if you are in a rush. (7/10)

c) Energy – Well the fuel attendant puts in the fuel for you.  The attendant also puts in the pressure for you in your car.  However to get to the pressure pump you have to manoeuvre into a very tight spot because the place is cramped.    (5/10)

d) Psychic – The place has too much activity it is irritating to be honest.  I also tried to get some pressure there and it took me 20 mins to get the pressure because the pressure pump is hidden and I was made to pay for it.  Paying for air, imagine!  Their customer service is nothing to write home about.  (10/10)

Total Price – $1.48 (for 9.05km/litre) + 22/30

zuva-station

ZUVA

a) Price – $1.45 per litre. Performance 9.63 km/litre.  Range – 674.10 km per full tank.

b) Time – The ZUVA service station in Samora Machel is closer to my flat than the Total service station.  For reasons best known to them the place is almost always empty so you get in and you get out quickly.  Their pumps are top notch so they fill up your tank quickly.   The attendants are always on alert so I have never had any human related delays. (2/10)

c) Energy – Getting things done here is a breeze because, like I said, the place is usually empty.  I think it is emptier than they would like it to be.  If you want pressure you have to put it in your tyres by yourself and they make you pay for it, when the pressure pump is working that is. (4/10)

d) Psychic – Well well well!  These are the guys with the court case that led to a lot of people losing their jobs.  I remember boycotting this service station for a month or two.  Every time I go there I remember the unfortunate chain of events that began with them hiring very good lawyers.   So even if I still go there I do not want to be there. If you do not feel the same way about ZUVA then I guess you will give them a lower score on this one.   I will just put a mark for the sake of the article but this goes under the category of ‘priceless’. (100/10)

Total Price – $1.45 (for 9.63km/litre) + 106/30

engen-OIL

Engen

a) Price – (Approximately) $1.45 per litre. Performance – 9.50 km/litre.  Range – 665 km per full tank

b) Time – I use the Engen service station that is close to work, in Graniteside.  There is always traffic there so usually it takes a bit of time to get fuel. Not as much time as Total though.  Their pumps do seem to take a bit of time to fill up my tank though.  Maybe it’s the technology that they are using. (5/10)

c) Energy – The service station is located on my way home from work so that’s a plus.  You have to put pressure in your tyres alone though.  (4/10)

d) Psychic –  There is this huge speed hump as you enter the service station.  My car rides low so I always get annoyed as the underside of my car rubs against the speed hump.  The gauge on their pressure pump does not work properly at times and their pressure pump is faulty as well.  Their pressure is free though and that is a plus.  The attendants are also friendlier than those of the other service stations.  (5/10)

Total Price – (Approximately) $1.45 per litre (for 9.50 km per litre) + 14/30

Puma_Energy_Brisbane

PUMA

a) Price – (Approximately) $1.45 per litre. Performance –  8.77 km per litre.  Range – 613.90 km per full tank

b) Time – The PUMA service station in Samora Machel is the furthest from my flat.  There is always traffic there as people also come there for fuel, maybe because of its location.  At PUMA you will definitely get into a queue and wait for a bit before you get your fuel.  (8/10)

c) Energy – I have never tried to use the pressure there so I do not know if they even have pressure.  All I do is get there, get my fuel, and leave.  Like I said before the place is a bit far from my flat though so I use a bit of energy to go there.  (5/10)

d) Psychic – The traffic can take its toll on you and the place is a bit cramped but outside that there are no problems. The staff is quite friendly too (3/10)

Total Price – (Approximately) $1.45 per litre (for 8.77 km per litre) + (16/30)

VERDICT:  In my humble opinion as a customer Total is not justified in charging an extra 3 cents per litre of fuel as per their pricing strategies.  Other service stations are providing fuel that performs at the same level or even better than that of Total.  I still use Zuva regardless of the rating that I gave them under ‘Psychic’ because our jobs as Zimbabweans were threatened only as a result of a series of unfortunate events.  I would like to believe that they did not cause that fiasco deliberately.  That said it will not get rid of the bitterness that I still feel.  In my case the ‘Time’ and ‘Energy’ costs for ZUVA were lower than those for Total.  The fuel from ZUVA is the cheapest relative to its performance.  These are the factors that influenced my judgement.  Depending on where you get your fuel from these figures could be different.  I think that Total should charge the same price for fuel as its competitors which would mean altering their pricing strategies.

The lesson in all this is that there has to be a science in how pricing strategies are conceived.  There has to be a strategy that can be backed up by facts and research.  Many a time companies just set a price off the top of their heads or based on the margin that they would like to get.  To be honest most of the times they get away with it because their competitors are not there to challenge them by being scientific in the creation of their pricing strategies themselves.  I say that with the right pricing strategies any of Total’s main competitors can push Total of its pedestal.  The question is, do they want to do so?  What do you think of my little analysis of these various pricing strategies?  Based on the method that I have used are you still going to use the same service station that you have been using?  Let us know your thoughts in the comments section below.

Thanks

Ruvimbo