The Independent Resource Guide - 2nd Quarter 2023

INDEPENDENT THE RESOURCE GUIDE

Zero-Sugar Beverage Market is Growing

Zero-sugar beverages will lead to the growth of the overall beverage industry. They are growing in popularity and are expected to surpass $13,150.6 million by 2033. The market is expected to experience significant growth within the forecast period, with the highest demand for naturally sweetened, zerocalorie drinks such as non-carbonated fruit juices and tea. Consumers are expected to use plant-based sweeteners increasingly regularly, such as stevia and monk fruit, instead of sugar in their beverages Rising awareness of the health benefits associated with reducing sugar consumption is also driving the zero-sugar beverage market. As a result, beverage firms have launched new products in response to customer needs and preferences

The c-store industry is constantly evolving, and there’s always news worth reporting. In this article, we’ll examine some of the most recent developments in the world of convenience stores.

Retailers are Uncertain About 2023 Economic Outlook

C-store retailers are feeling uneasy about the economy this year. According to the 15th annual CStore Decisions/Humetrics HR Benchmarking Survey, the top three positive trends for convenience store retailers in 2023 are that 59% of business was better than expected in 2022, 67% are offering flexible work schedules, and almost half predict a better year for business in 2023. The top three negative trends are significant staff challenges, competitive pressures, and inflation

“Food-Focused” Strategy Advantages with Shareholders

Seven & i Holdings, the parent company of 7Eleven, has sent a letter to shareholders highlighting the benefits of its "foodfocused" strategy, including the ability to leverage its extensive product development and supply network to provide high-quality food offerings and the potential for continued growth The company also discussed its investments in its convenience store business and the importance of improving its portfolio. The letter was released on the same day that shareholder ValueAct Capital published a presentation advocating for change at Seven & i However, Seven & i encouraged shareholders to vote for its slate of board nominees at the annual general meeting in 2023.

Becoming a Foodservice Destination

Convenience stores are focusing on foodservice and improving their menus by offering customization and promoting their food options better to customers. Duchess convenience stores have experienced double-digit growth in their foodservice segment due to a "food-centric focus", which includes consistent freshness and customerfavorite core items To improve customer awareness of their freshness story, they will post more videos on social media, in advertising, and on TV screens in their stores in 2023. The company has also audited their foodservice and beverage equipment and moved the pizza sales area to the front counter to enhance food merchandising.

Food Packaging Considerations

Recently, the Foodservice Packaging Institute (FPI) released its 14th annual Trends Report, which identified convenience stores as a growing segment for food packaging due to the expansion of their foodservice offerings This report also highlighted an uptick in interest for off-premises dining, such as drive-through and curbside pickup, and emphasized the importance of using appropriate packaging to ensure food safety, freshness, and quality during delivery or on-the-go consumption. CStore Decisions interviewed Natha Dempsey, FPI's president, to gain further insight into current foodservice packaging trends. When choosing packaging for food products, it is important to consider the availability of infrastructure for composting or recycling. Although some localities may have the necessary facilities, others may not. Since foodservice packaging tends to be highly mobile, especially in convenience stores where customers are always on the go, it is crucial to keep in mind that just because one city has recycling or composting capabilities, it does not mean that the next town over does as well.

U.S. Supports Sale of CITGO

According to a Wall Street Journal report, the US government is no longer protecting CITGO Petroleum from seizure as they are backing a forced sale of the company to satisfy Venezuela’s foreign creditors. CITGO has been protected by the US Treasury Department for three years from creditors with claims against the company,

but now that the US has backed down, claims can be settled by negotiation or through an auction of shares in CITGO parent PDV Holding. CITGO is the only valuable state asset that businesses like Crystallex International have targeted for compensation for billions of dollars in unpaid claims.

Becoming a Five-Star Employer

Becoming a five-star employer is crucial for attracting top talent, retaining employees, boosting productivity, and building a positive reputation for your company In a competitive job market, potential employees seek companies that offer great benefits, a positive work culture, and opportunities for growth and development. Once top talent is hired, it is essential to create an environment that employees enjoy and feel valued in to reduce employee turnover. A positive work environment with meaningful work, recognition and rewards, and opportunities for career development will lead to increased job satisfaction and productivity Additionally, being a five-star employer can help build a positive reputation for the company and attract more customers and potential employees. Humetrics recommends updating retention plans to provide career development opportunities, a positive work environment, recognition and rewards, a sense of community, and meaningful work while listening to and valuing employee feedback.

Oil Price Fluctuation Causes Low Gas Prices

According to AAA, the price of oil has recently dropped to the upper $60s per barrel, resulting in a decrease in gas prices. The national average for regular gasoline has dropped six cents since last week to reach $3 57 Andrew Gross, a spokesperson for AAA, stated that market volatility and a lull in domestic demand for pre-summer driving are the two factors contributing to lower pump prices. Recent data from the Energy Information Administration (EIA) reveals a significant decrease in gas demand, which is more in line with market observers' expectations. Total domestic gasoline stocks have increased while demand has decreased, leading to a decline in pump prices. The top ten states with the largest price decreases in gas include Texas, Ohio, Michigan, Delaware, Tennessee, Indiana, Maryland, Iowa, Florida, and North Carolina. The ten least expensive markets for gas are Mississippi, Texas, Louisiana, Alabama, Arkansas, Tennessee, South Carolina, Oklahoma, Georgia, and Missouri Recent market concerns over rising interest rates leading to a recession resulted in a decrease in oil prices, which could also lead to a decline in oil demand and prices.

2023 BEVERAGE TRENDS TO WATCH (AND TRY!)

As summer approaches and temperatures continue to rise, it's time to start thinking about the beverages we'll be enjoying this season So, what are you waiting for? Let’s look at the trends that are shaping our drinking culture now.

#1 Bubble Tea

Gen Z's favorite customizable drink.

Bubble tea is a Taiwanese drink featuring tapioca or fruit jellies. It appeals to health-conscious individuals and younger generations with its 200+ different flavor combinations, making it a truly unique, tasty, and fun drink. This refreshing drink has become a favorite among Gen Z due to its customization options, including sugar level adjustments, milk substitutes, and special mix-ins to get exactly what your taste buds desire!

#2 CBD-Infused Drinks

Relax and unwind.

CBD-infused drinks are on their way to becoming mainstream in both the alcoholic and non-alcoholic markets with their anti-inflammatory properties. This trend started last year and could only be ordered on the cocktail menus of specialty restaurants. This fun drink helps support memory and mood regulation and is a tasty alternative to alcohol Need recommendations? Try Aqua Sativa's Strawberry Gin infused with CBD oils from TRIP and Vita Coca's CBD Infused Cola.

#3 Liquid Death

I can’t believe it’s not beer.

It’s just water! Liquid Death is a non-alcoholic beverage brand that is moving people toward healthier and more sustainable drinking options by entertaining them. Twitter influencers define this brand as one of the fastest-growing and appreciate its eco-friendly strategy to disrupt the non-alcoholic beverage market. You can find them at most popular stores such as Target, Whole Foods, 7-Eleven, online, and at concerts.

#4 Sustainable Packaging

It’s easier to find than ever before.

Boxed wine is one trend that has been gaining traction over the years. It’s easier to store, hygienic, and sustainable You might also see a trend that's already making waves among eco-conscious consumers today: biodegradable packaging. Ecofriendly materials like cornstarch or potato starch are processed into films or pellets that decompose after being exposed to sunlight. This process doesn’t leave any toxic residue, making it a favorable option for those making environmentally friendly choices.

#5 Influencer and Celebrity Drinks

The trend retailers can’t keep on shelves. We’ve seen some of Hollywood's A-list celebrities, like Snoop Dogg, release specialty wines and whiskeys, but now this sector is expanding to upand-coming social media influencers! According to GRIN, over 80% of consumers buy a product after seeing an influencer recommend it on social media, which makes them an incredibly powerful influencing force for purchasing decisions. For example, KSI and Logan Paul released Prime Hydration, a brightly colored energy drink filled with electrolytes and antioxidants Since its release last year, demand has skyrocketed in the UK, making customers wait outside of stores before they open to get a chance to purchase this viral sensation.

Strategic partnerships like these build hype for the beverage category by introducing new wines and champagnes to millennial drinkers drawn to celebrity lifestyles.

#6 Canned Cocktails

Great for the beach and on the go!

Nielsen Premium Panel data reported that the market for canned cocktails is expected to expand at a compound annual growth rate (CAGR) of 13.4% from 2022 to 2030. This could be due to their convenience for on-the-go drinking, easy transport, high-quality ingredients, and sanitary packaging. Customers want to see more authentic flavors, sugar level variety, and low-calorie options

#7 Fermented Drinks

We have a gut feeling about this. Kombucha may be getting all the hype, but other fermented drinks like water kefir are catching up with their own range of benefits. The growing research on prioritizing gut health and microbiome diversity is heavily influencing customer health priorities in the drink category WebMD estimates that the fermented beverage industry will be worth $1,061.5 billion this year, a 5% CAGR from 2015.

#8 Premium Mocktails and Spiked Sodas

Finding a middle ground.

The rise of non-alcoholic beverages is growing fast as consumers continue to look for alternatives to beer From hard seltzers to hard kombucha to hard coffees, there are plenty of options for those who want something low or no alcohol-by-volume (ABV) drinks. These consumers are looking for a balance between functional and indulgent, high-quality and convenience Whether you want something low in sugar and alcohol or want to try something different from beer, there’s something for every drinker.

#9 Retro Cocktails

A throwback for the taste buds. You probably know what a cocktail is, but what about a retro cocktail? The term refers to drinks that were popular in the past think Old Fashioneds, Manhattans, and Negronis. They've all made a comeback in recent years and are available at many bars across the country It's not surprising that people are looking for these classic drinks again: Google Trends saw a 60% rise in search interest for martinis!

No matter where they’re sold or what challenges they may face tomorrow, if you love trying new things (or just want something cool), these drinks will be worth checking out. It's a brave new world of beverages, and we ' re excited to see what comes next!

https://csnews com/c-store-retailers-hold-cautious-view-beverage-sales; https://www hotelonline com/press releases/release/drink-trends-in-2023-8-beverages-youve-got-to-try-this-year/; https://grin co/blog/best-food-influencers-and-drink-influencers/; https://www cnn com/2022/10/04/business/liquid-death-water-valuation/index html

Sources:

TAKE YOUR CANDY SALES TO THE NEXT LEVEL WITH CROSS MERCHANDISING

Cross-merchandising is a technique that is used to display complementary products next to each other. The goal of cross-merchandising is to increase sales of the displayed products by encouraging shoppers who buy one item to also purchase another related product. For example, when you walk into a grocery store and see candy bars next to ice cream sandwiches, it's because those two items are crossmerchandised together.

Candy and chocolate bars work well as an addition to any ice cream sandwich display because they're both sweet treats that appeal primarily to children. Cross-merchandising these items makes sense because they can help each other sell better than if they were sold separately you might pick up an ice cream sandwich just because there's some "free" candy on top! Not sure how to get started? We've compiled a list on how to get going!

Holidays and Seasons

The holidays can be stressful with all the new flavors for each season, such as Mother's Day, Valentine's Day, and even summer! If customers are stopping in your c-store for last-minute gifts, create a little space that's dedicated to the upcoming holiday that they can rely on Here is a quick reference on what each holiday and season is about so you can get strategic with how you place your candy:

Spring: It's allergy season, and customers are sure to stop in for medicine. Pair medicine with candies that help clear sinuses, such as natural candy and peppermint Also in spring is Mother's Day, which is all about flowers, Starbucks treats, and cards. Highlight specialty candy flavors by your register, like lemon, cheesecake, lavender, and specialty chocolates.

Summer: It's all about the fun! Choose candy that won't melt easily in the sun when crossmerchandising with your summer items. Avoid chocolate and skittles and highlight hard candy, gummies, and licorice. Customers are also more likely to head to the ice cream aisle. Inspire them with candy nearby that they can quickly grab to upgrade their snacking experience.

Autmn: This is the biggest time for candy with Halloween making 3.1 billion U.S. dollars in candy sales last year, according to Statista. During this time, candy is celebrated, and you can crossmerchandise candy with everything from salty snacks to alcohol.

Winter: Winter is all about peppermint, cinnamon, chocolate, and other flavors that make us feel good about the holiday season Place them by coffee machines, hot chocolate packets, and eggnogflavored items.

Parties and Social Gatherings

Candy is a great way to add festive flair to parties Pair with other supplies such as soft drinks, disposable utensils, paper plates, napkins, and tupperware. Other items you may want include tablecloths, streamers, balloons, signs, hats, confetti/streamer guns, glow sticks, and silly string Think about when people will be throwing parties, such as the Super Bowl, Memorial Day weekend, 4th of July, and New Year's.

Related Products

Cross-merchandising candy for related products includes coffee, tea, wine, cigars, travel accessories, and those on the go to the office. Busy travelers are always purchasing gum and other tasty treats to keep with them on their journey ahead. Pair them with travel-sized items in your designated travel area For targeting the office worker, crossmerchandise candy with pens, pencils, sticky notes, and paperclips to create opportunities for additional sales.

Self-Care

Candy can be a great self-care item It's easy to take it for granted, but candy is a quick way to lift your spirits and celebrate a special occasion. The problem is that it's not always easy to find the right type of candy when you need it most, and there are so many options out there! So, what does this mean for your store? Cross-merchandising with self-care items such as candles, lotions, or bath bombs will prove a natural fit with cross-merchandising candy in terms of ensuring that customers can find exactly what they're looking for when they come into your store

Cross-merchandising candy is a great way to expand your brand and increase sales. It's also a fun way to create new products that your customers will love. There are so many possibilities when it comes to cross-merchandising candy!

Sources: https://www statista com/statistics/1305961/halloween-candy-spending-us/; https://cstoredecisions com/2023/04/07/why-is-it-important-to-cross-merchandise-candy/

CAN CBD HELP WITH PAIN?

Pain is a very common ailment, affecting nearly every person at some point in their life. For many people, the first thing they turn to when they experience pain is medication. It can be hard to know what will work best for you with so many different medications available. One option that’s gaining popularity is CBD and it may just be the answer you ’ re looking for!

What is CBD?

CBD is a chemical compound found in the cannabis plant. It's non-psychoactive, meaning it won't get you high and it isn't addictive CBD has been shown to have a wide variety of health benefits, including reducing inflammation and pain, improving mood and sleep quality, helping with anxiety disorders like post-traumatic stress disorder (PTSD), and even potentially helping treat cancer. It's important to note that there are many different types of cannabis plants out there some

contain more THC than others, which means they'll make you feel "high". If you want to avoid getting high while using CBD oil or other products made from hemp plants (a type of cannabis), look for products that are labeled as being rich in CBD and have no THC!

Studies Show That CBD Can Help

In a recent Forbes Health study, 60% of U.S. adults who use CBD products do so for its potential painrelieving effects. Studies also show that CBD can help with common symptoms of chronic illnesses like fibromyalgia In fact, many people use CBD as an alternative to prescription medication to treat these conditions because it doesn't come with the same side effects or risks of addiction. Below are some other reasons why consumers are using CBD.

How Does CBD Work with Pain?

In order to understand how CBD works with pain, it's important to understand the endocannabinoid system. The ECS is a group of receptors and corresponding molecules that regulate your body's natural processes. It's made up of CB1 and CB2 receptors located throughout your brain, nervous system, immune cells, and organs

When you consume CBD (or another cannabinoid), interacts with these receptors, which help regulate many different bodily functions, including sleep cycles, moods, and digestion to name just a few!

What Pain Can CBD Relieve?

Pain can be caused by a number of different conditions. The most common sources of chronic pain are arthritis and back problems, but other causes include cancer, fibromyalgia, and multiple sclerosis CBD oil has been shown to help with all of these conditions.

Inflammation is a normal part of the body’s response to injury or illness, but when it becomes chronic, it can cause pain It's caused by our immune system's response to injury or illness CBD has been shown to reduce inflammation in the body by suppressing the production of pro-inflammatory cytokines (messenger proteins) by immune cells.

Does CBD interact with other medications?

CBD is not a drug, but it can interact with medications such as heart and blood pressure medications Studies show that CBD has negative interactions with beta blockers, causing undesirable effects. CBD can also affect cholesterol-reducing medications such as statins by causing certain drugs to remain in one ' s system for longer. It's important to talk to your doctor about all of the vitamins, supplements, and prescription and over-the-counter medications you ' re taking.

Is it Safe?

CBD is safe for most people, but it's not 100% riskfree The FDA has limited data on CBD safety, but some side effects include liver damage, drowsiness, or sleepiness that may occur when taking higher doses of the product. The FDA recommends that consumers taking CBD products talk to their doctor before starting or stopping any medications Is it legal? The short answer is yes, but it depends on where you live. Federal law prohibits the sale of CBD and other cannabis products as dietary supplements, which means they’re not allowed in stores unless they have a specific license from the FDA for that purpose But some states have legalized medical marijuana and CBD oil

Every retail operator has a special experience opening their first store. But what happens when that business owner wants to expand and replicate their success at a second or third location? How do they make this happen, and why should they?

It’s easier to run one location where you can touch and impact all the moving parts that go into your business daily, but spreading your management expertise across multiple stores can be a challenge.

Recipe for Success

Step one is to develop your operating experience to achieve this ambitious goal. Many multi-unit operators have been in the business for decades, and they've learned a thing or two along the way If you ' re new to this field, consider working with someone who has a track record of success, and always remember to lead by example.

However, over 50% of all retail locations are managed by multi-unit operators.

Next, establish and strengthen your brand. If you ' re going to invest your time and money into building up a new brand or one that customers may not be familiar with, it's important that you know what makes it unique and how you can leverage that uniqueness to stand out from competitors

Lastly, but most importantly, create a STRONG team! Many successful multi-unit operators have built strong teams around them over time; these people will help make sure everything runs smoothly as your business grows by providing valuable input on how best to serve customers across multiple locations at once (which may require some adjustments). This means hiring managers who are qualified and experienced in their fields, which can be challenging. Your best bet is finding someone with experience as an operator or manager at another restaurant chain; if this isn't possible, then look for someone who has worked in other industries such as retail or hospitality.

Pros and Cons of Becoming a Multi-Unit Operator

Before getting started, it’s important to look at the pros and cons of becoming a multi-unit operator. You’ll get more out of it than better pricing on supplies and equipment!

Pros:

Lower variable costs.

Volume purchasing

Lower fixed costs.

Spreads the costs of equipment. Test and experiment with different items, layouts, and procedures.

Accelerated and continuous learning. More space to spread out inventory if needed

As with any business, there are some downsides to operating multiple locations.

The biggest challenge is managing each location separately and making sure that you ' re not spreading yourself too thin.

Cons:

Need to have strong delegation skills. Uncovering problems in all your stores may be difficult.

It may be difficult to accurately track your profit and loss at each store to track financial performance

Costs get out of control if you aren’t diligent. Higher sales are not guaranteed. Customers may have negative experiences at other locations.

Elevate Your Management Style

As you begin to manage multiple locations, it's important to keep in mind that the way you manage each store will be different from how you managed your first location You will be able to see the big picture more easily because there is less detail involved with each individual location (e.g., staffing, inventory levels, location climate). Your managerial visionaries should not be limited by one store's financials or customer base; instead, look at all locations as one large business unit You also become a manager for people instead of a store Changing and adapting to this mindset will help you become the best leader for your general store managers.

Conclusion

Multi-unit operators are successful because they have the competence, capabilities, and commitment of field managers who can extract tangible, scalable benefits from their operations. Those who are up for the challenge and seek to continuously improve will find the success all c-store owners are searching for.

Sources: https://cstoredecisions com/2023/02/14/how-to-expand-into-mult-unitoperations/

As a business owner, you know that increasing revenue is essential to the growth and success of your company. However, finding new ways to generate income can be a challenge, especially if your business has been operating for a while. Fortunately, there are many strategies you can use to freshen up your business and boost revenue. In this article, we'll explore some effective ways to breathe new life into your business and increase profits.

Make Adjustments

To get started, collect feedback from your customers. You can do this in several ways, like surveys, questionnaires, focus groups, and polls (online or in person) Think about offering discounts, incentives, or freebies to motivate your customers Some other adjustments to think about in your c-store include:

Expand Product Offerings: Consider adding new products to your inventory, such as healthy food and beverage options, locally sourced products, or unique items that are not widely available.

Optimize Store Layout: Ensure that your store layout is optimized for maximum visibility and ease of access. This can include placing popular items in high-traffic areas, improving store signage, and making sure that aisles are not cluttered. Don’t put too many products on top of each other or have too many displays blocking pathways between sections of the store. If possible, try using signs with large text so that those who have trouble seeing can easily read them.

Improve Pricing Strategy: Evaluate your pricing strategy to ensure that you are offering competitive prices while still maintaining profitability. Consider offering discounts or promotions on slow-moving items to encourage sales.

Offer Loyalty Programs: Implement a loyalty program that rewards customers for their repeat business and consider partnering with other businesses in the area to offer joint loyalty programs.

Enhance the Customer Experience: You can do this by providing excellent customer service, offering a clean and inviting store environment, and implementing modern technology such as mobile ordering and contactless payment options.

By making these adjustments in your convenience store, you can grow revenue and attract more customers It is important to regularly evaluate your business and make changes as needed to stay competitive in the market.

Measure the Success of Your Services

The first step to measuring the success of your convenience store services is understanding what metrics you should be tracking. There are many options, but here are some common ones:

How often customers visit and how long they stay.

Customer's average transaction size (ATS) and average ticket (AT).

The net revenue per customer visit (RPCV)

You can also use sales data to identify popular items and adjust your inventory, which will help you make informed decisions about which products to stock and which to discontinue. Having a holistic overview of your store will give you the best information about how you ’ re doing

Keep Up with Industry Trends

Staying updated with the latest trends is a great way to stay ahead of the competition It's important to examine what's going on in your market and how it might affect your business, so you can keep pace with changing consumer preferences and expectations. According to industry experts, some of these trends include:

Emphasis on Quality: Consumers are increasingly demanding high-quality products from convenience stores, including fresh food and beverages.

Digital Integration: C-stores are expected to continue integrating digital technology to enhance the customer experience This includes the use of IoT technology and artificial intelligence (AI) to offer personalized experiences for customers, facial recognition payment systems, and in-store digital signage.

Frictionless Payment Options: C-stores will continue to adopt frictionless payment options, such as mobile payments and contactless payment systems, to make the checkout process faster and easier for customers.

Health and Wellness Options: There is a growing demand for healthy and functional foods and beverages, and c-stores are expected to respond by offering more options in this category.

Curbside Pickup and Delivery: With the rise of ecommerce and the convenience of online ordering, convenience stores are expected to offer more curbside pickup and delivery options to attract customers.

Look at some of the top industry publications for information about what's happening in your field right now These outlets often offer insight into emerging markets and new technologies that could benefit or hurt your business and they're usually free!

These trends are expected to shape the convenience store industry in 2023 and beyond, providing opportunities for retailers to freshen up their businesses and meet evolving consumer demands.

Sources: https://www.cstoredive.com/news/c-store-industry-top-trends-2023/639454/; https://blog.gitnux.com/convenience-store-trends/; https://aws.amazon.com/blogs/industries/convenience-and-technology-trends-and-challengesfor-c-stores-in-2023/

Bakery sales can be a significant source of revenue for convenience stores, as consumers often crave sweet treats on-the-go or during their daily commute. Convenience stores can attract and retain customers, increase their average transaction value, and differentiate themselves from competitors by offering high-quality bakery products that cater to different tastes and preferences. This article aims to provide actionable advice on how to ensure quality and introduce new and exciting bakery items to drive bakery sales

The Benefits

Offering bakery items in convenience stores can provide several benefits to both customers and store owners For customers, having fresh, delicious bakery items readily available in a convenient location can be a major time saver, especially for those on the go. This builds customer loyalty, which can lead to repeat business, positive word-of-mouth, and increased revenue.

Additionally, offering bakery items can attract customers who may not have visited the store otherwise, leading to increased foot traffic and sales. For store owners, bakery items are typically high-margin products, meaning they can generate a significant profit Customers are often willing to pay more for a better-quality product, especially if it satisfies their cravings for a sweet treat. Bakery items can also help differentiate a convenience store from competitors, leading to increased loyalty from customers and a competitive advantage for the store Overall, offering bakery items in c-stores can be a win-win for both customers and store owners.

Quality

Maintaining the quality of bakery goods is crucial for any business that sells baked goods, especially for cstores. Here are some examples of how to ensure the quality of bakery goods:

Use Fresh Ingredients: The quality of bakery goods heavily depends on the freshness of the ingredients used. Using fresh ingredients ensures that the final product tastes great, is visually appealing, and has a longer shelf life C-stores should make sure that they source their ingredients and products from reliable suppliers before using them.

Follow Recipes Accurately: Consistency is key when it comes to bakery goods. Following recipes accurately ensures that the final product tastes the same every time it is made. C-stores should keep an eye on the product and stay in communication with their suppliers in case inconsistencies do appear.

Train Staff Properly: Proper training of staff is essential to maintaining high-quality bakery goods C-stores should ensure that their staff is trained to handle the equipment properly and maintain hygiene and cleanliness. Staff should also be trained to recognize when a product is not up to standard, has expired, or is damaged and discard it.

Monitor Production Process: Monitoring the production process helps identify potential issues, such as equipment malfunctions or staff errors, before the product is sold. C-stores should have a system in place to monitor the production process and ensure that the final product meets quality standards.

Seek Feedback: Customer feedback is an excellent way to assess the quality of bakery goods. C-stores should encourage their customers to provide feedback on the baked goods and use the feedback to improve their products.

By implementing these measures, c-stores can ensure that their bakery goods are of high quality, consistent, and meet the expectations of their customers

Fresh vs. Frozen

Fresh bakery products are made from scratch using fresh ingredients and baked on-site, while frozen bakery products are pre-made and frozen for later use. The main difference between the two is the taste and texture. Fresh bakery products have a crisp crust and a soft interior, while frozen products tend to be a bit soggy and lack the same level of freshness Fresh bakery products also have a shorter shelf life and need to be sold within a day or two, while frozen products can last for weeks in the freezer. However, when it comes to c-stores, fresh bakery products are preferable to sell because they are perceived to be of higher quality and taste better C-stores can capitalize on the freshness and quality of their products by baking small batches frequently throughout the day to ensure that their customers are getting the best possible experience. Additionally, the aroma of freshly baked goods can entice customers and increase sales, making fresh bakery products a more profitable option for cstores.

Proof in the Numbers

So, what are the numbers? According to Statista, fresh bakery retail sales in the United States increased from $13.8 billion in 2013 to $17.9 billion in 2021. The report notes that the increasing demand for fresh and locally sourced bakery items, as well as the growing popularity of specialty diets such as gluten-free and vegan, are driving the growth in the market.

In addition, Datassential research firm found that among operators offering fresh baked goods, 35% noted an increase in sales. The report also suggests that offering a variety of baked goods, such as bread, pastries, and cakes, can appeal to a wider range of customers and increase the likelihood of repeat business. Rich's Marketplace, which offers bakery programs for c-stores, notes that 41% of consumers didn’t decide to purchase food until after they were inside the c-store. This shows the importance of product packaging, display, and layout.

What’ Trending?

#1 Experiment with New Products: Customers are often adventurous and are always looking for something new and exciting to try. By showcasing new products as they come in, convenience stores can make it easy for customers to discover and try new things. Another way to promote new products is by offering samples This can be a great way to encourage customers to try something new without having to commit to a full purchase. Sampling new products can also help stores get feedback from customers, which can be valuable in determining which products to continue offering.

#2 Prioritize Pre-Packaged Items: Ensure your bakery items are pre-packaged and convenient for on-the-go. For example, packaging that is sturdy and spill-proof can help customers avoid making a mess while eating in transit Additionally, packaging that is transparent or has a window can allow customers to see the product before making a purchase, which can help increase sales.

#3 Stay Alert for Trending Flavors: These trending flavors include caramel and brown butter, which add a savory touch to sweet items. Also, combining candy and branded flavors with baked goods proves to be another successful concoction, such as adding Reese’s, M&M’s, Nutella, and Ghirardelli. By following food bloggers and influencers, attending industry events, and experimenting with their own unique flavor combinations, stores can offer customers something new and unique that keeps them coming back for more.

#4 Fun-sized Items: Keep donuts in the front and seek innovations such as mini doughnuts, doughnut holes, and other shareable iterations. Another trend that is popular with customers is the availability of mini-sized baked goods. Mini cakes, cupcakes, and mini doughnuts are becoming increasingly popular as customers look for smaller, shareable portions. These items are also convenient for on-the-go consumption, which is a key consideration for many convenience store customers.

#5 Popular Items: Cookies are trending upward and are expected to keep growing through 2026. Bagels are also continuing to grow by 40% since 2019. The CSP Daily News suggests five packaged baked goods for convenience stores to consider, including muffins, croissants, and breakfast sandwiches. Customers today are looking for more than just the standard donut or muffin; they want unique and innovative bakery items that cater to their individual tastes and dietary needs. If possible, partner with local bakeries and make a partnership that’s unique to your store.

As a convenience store owner, implementing the tips provided in this article can help you differentiate your store, attract new customers, and increase sales. It is also important to monitor the production process, seek customer feedback, and stay alert to trending flavors to ensure that your bakery section stays fresh and relevant. By monitoring the results of these changes, you can identify what works best for your store and make data-driven decisions to improve and grow your bakery sales. Don't be afraid to try new things and innovate; the bakery industry is constantly evolving, and by staying ahead of the curve, you can position your store as a leader in the market!

Energy efficiency is more attainable than ever before, thanks to the convenience and accessibility of technologies that can help you achieve your goals. In this article, we'll discuss how convenience stores can use energy more efficiently

Convenience Stores Can Use Energy More Efficiently

You may think that energy efficiency is a priority for your company, but are you sure? If not, it's time to act. Energy management is a process that helps businesses achieve their goals by using less energy and resources while delivering quality services or products It can also help save money by reducing waste and increasing productivity, and it doesn't have to be difficult!

What's more, there are several ways you can get started right away without having any special training or equipment (though both will come in handy down the line). Here are some tips to get started:

Educate: First off, make sure everyone understands what " energy efficiency" means by talking about it openly within your company culture Identify the areas in which you can make improvements, such as ensuring that all equipment is properly maintained and operating at peak performance.

Install LED Lighting: LED lights use significantly less energy than traditional incandescent bulbs and can last up to 25 times longer. By replacing outdated lighting with LEDs, convenience stores can reduce their energy consumption and save on maintenance costs They'll reduce electricity costs while also making work environments brighter during the day, so employees will feel happier overall!

Use Energy-efficient Refrigeration: Refrigeration can account for a significant portion of a convenience store's energy usage By choosing refrigeration units that are Energy Star certified, using night covers, and maintaining proper temperature settings, stores can reduce their energy consumption and save money on utility bills.

Install Motion Sensors: Motion sensors can detect when customers or employees enter or leave an area and adjust lighting or HVAC accordingly. This ensures that energy is not wasted in areas that are not being used.

Implement a Programmable Thermostat: Programmable thermostats allow stores to set different temperature schedules based on the time of day or day of the week. This can help stores save energy during off-hours, when fewer customers are present

Use Natural Lighting: If possible, stores can use natural lighting to reduce their reliance on artificial lighting. This not only saves energy but also creates a more inviting and pleasant shopping experience for customers

These are just a few examples of how convenience stores can become more energy efficient. By implementing these and other energy-saving measures, stores can reduce their carbon footprint, save money on utility bills, and demonstrate their commitment to sustainability

Attainable Energy Efficiency

The first thing to do is set attainable goals If you don't, then the enormity of the task can be overwhelming and discourage you from even starting. You should instead set realistic goals, such as saving 10% per year or 2% per month (or whatever). Just keep trying until eventually all those little changes add up!

Conclusion

Energy efficiency is a great way for convenience stores to reduce their operating costs and make their facilities more sustainable It's easy to think that these goals are unattainable, but with some simple changes in your store's operations, you can start saving money today. By switching out light bulbs or installing more energy-efficient appliances, you'll be able to save money on your utility bills while also helping the environment by reducing greenhouse gas emissions from fossil fuels used by traditional power plants!

NEW PRODUCT BUZZ

MTN DEW Summer Freeze

Get ready to chill this summer with MTN DEW's newest limited-edition flavor, Summer Freeze. This refreshing soda is a delicious blend of citrus with cherry, lemon, and raspberry ice pop notes that will tantalize your taste buds and quench your thirst. Summer Freeze is available nationwide but only for a limited time, so don't wait to try it. You can find it in three different packaging options: 20-ounce bottles, 12-ounce 12-pack cans, and 16 9-ounce six-pack bottles (regular only)

Vizzy, the popular hard seltzer brand known for its unique flavor combinations, has announced the launch of its latest limited-edition flavor: orange cream pop This new hard seltzer is bursting with the sweet and tangy taste of orange, perfectly balanced with a creamy finish. With 5% alcohol by volume, it's the ideal summer drink for those looking for a refreshing and delicious way to cool down. The Orange Cream Pop Hard Seltzer will be available for a limited time only

High Noon has recently launched the "Sun's Up" campaign, which highlights the company ' s latest product, the Tequila Seltzer. Made with real tequila and fruit juice, the seltzer comes in an eight-pack with a suggested retail price of $21.99. The variety pack includes four flavors: strawberry, lime, grapefruit, and passionfruit To promote the new product, High Noon collaborated with creative agency Preacher to create three TV spots as part of the "Sun's Up" campaign.

High Noon

Pepsico

Orange Cream Pop Hard Seltzer Molson Coors Beverage Co.

Tequila Seltzer

Rockstar Strawberry Lemonade

Pepsico

Rockstar has introduced its latest energy drink, Rockstar Recovery Strawberry Lemonade. This new drink is a refreshing blend of sweet citrus flavors, enriched with collagen, vitamin C, and coconut water The drink is non-carbonated and contains 160 milligrams of caffeine, electrolytes for taste, and a 100% daily value of vitamin B. The can features a bright pink color with the brand's iconic star on the front, making it easily recognizable on store shelves.

Sprite Lymonade Strawberry

Coca-Cola Co

This year, The Coca-Cola Co. is introducing several new beverage innovations, among them the limited-edition Sprite Lymonade Strawberry. Set to launch during the summer, this unique drink offers a refreshing twist on the classic lemon-lime soda, featuring a splash of lemonade and infused with strawberry for a burst of fruity flavor. The beverage will be packaged in Sprite's clear bottle, adorned with red and gold wrapping.

Alkaline Smartwater

Coca-Cola Co.

The Coca-Cola Co. has revealed its latest beverage innovations, which include the introduction of smartwater alkaline with antioxidants. This new water contains an antioxidant boost of +9 5 PH per bottle, making it a healthy choice for consumers seeking beverages with added antioxidants. Despite the addition of this new feature, the smartwater bottle retains its signature design, with only a minor change in the blue-highlighted water droplet being replaced with black

Celsius Green Apple Cherry

Celsius

Celsius is broadening its range of flavors with its latest addition, Celsius Green Apple Cherry. This flavor was created to evoke memories of candy apples, combining the taste of green apple with sweet cherry flavors This sparkling beverage is a better-for-you option, as it is made with a formula of energy-boosting ingredients, seven essential vitamins, and zero sugar.

forever you and with love

Vitaminwater

Vitaminwater has expanded its zero-sugar lineup by introducing two new flavors, With Love and Forever You. Additionally, all six zero-sugar flavors have been reformulated to include monk fruit and stevia, as well as added vitamins and nutrients With Love is infused with raspberry and dark chocolate, providing a boost of magnesium and 100% antioxidant vitamin C, along with vitamin A and vitamin E. Forever You features tropical coconut lime flavors with white curcumin and also contains 100% antioxidant vitamins C, A, and E

Dunkin' Iced Coffee Bakery Series

Coca-Cola Co.

Dunkin' is introducing the Dunkin' Iced Coffee Bakery Series, a new line of ready-to-drink canned iced coffees that take inspiration from the brand's popular bakery items. These beverages feature three Dunkin' flavors: brownie batter donut, cake batter donut, and coffee cake muffin iced coffees, all of which capture the signature taste of Dunkin' coffee. The Coca-Cola Co. will produce and distribute these drinks.

Warheads Mega Sour Booms

Hilco

Hilco has partnered with Warheads sour candy to launch Warheads Mega Sour Booms, a new line of panned candy chews These sour-dusted treats are available in four flavors: cherry, blue raspberry, green apple, and orange. Customers can purchase each 2.5-ounce peg bag for a suggested retail price (SRP) of $1.49.

SpongeBob Candy Fans

CandyRific

CandyRific has recently launched its latest product, the SpongeBob SquarePants Candy Fans. These fans dispense a burst of fanned air when the button is pushed and include 0.53 ounces of assorted fruit-flavored dextrose candies made with natural flavors and colors Customers can order these candy fans now, and they are shipped in six 12-count displays per case (assorted cases) for a suggested retail price of $5.99.

Hershey's Kisses Milklicious

The Hershey Co

Hershey's is launching Hershey's Kisses Milklicious chocolates in 9-ounce share packs, expanding the permanent Kisses chocolate portfolio These chocolates come wrapped in light-blue foil and feature small glasses of milk, offering a distinctive treat. Customers can enjoy Kisses Milklicious chocolates year-round.

Extra Pink Lemonade Gum

Mars Wrigley Confectionary

Extra Gum is adding a new flavor to its lineup with the limited-edition release of Extra Pink Lemonade This new gum promises to provide consumers with an early taste of summer days with its bright and vibrant flavor, according to the supplier.

Warheads Chewing Gum

Hilco & Impact Confections

Hilco has partnered with Warheads sour candy to introduce its latest product, Warheads Chewing Gum This gum is available in four packages, each containing five sticks and packaged in a hanging peg bag or mini shelf efficient PDQ units. The new Warheads Chewing Gum is set to be released in spring 2023 and follows Hilco's successful launch of Kool-Aid Chewing Gum in tropical punch, cherry, and grape flavors in 2020 Warheads Chewing Gum is made with real sugar and features three sour flavors: sour watermelon, sour blue raspberry, and sour green apples.

Skittles Pride Packs

Mars Inc.

SKITTLES is introducing its 2023 Pride packs, providing a sneak peek at its upcoming Pride initiative These Pride packs feature five designs created by five LGBTQ artists who use their artwork to raise awareness and advocate for others. Each pack depicts a Pride story and includes a QR code to direct fans to the artists' work and their personal stories about why LGBTQ stories and Pride matter Customers can purchase five limited-edition Pride packs, available in four-ounce share-size packs and 15.6-ounce stand-up pouches, at select retailers nationwide until mid-July.

Snickers Rockin' Nut Road

Mars

Snickers Rockin' Nut Road is a chocolate bar that features roasted almonds and marshmallowflavored nougat, topped with silky caramel, and covered in rich dark chocolate. This product is il bl i th i : i l (1 41 ) h

Snickers Rockin' Nut Road

Mars

BRACH'S recently launched its first-ever globally inspired jelly beans called Desserts of the World. This new collection features five limited-edition flavors, including chocolate macaron, strawberry mochi, churro, apple pie, and lemon sorbet, which are inspired by popular sweet treats from around the world. The chocolate macaron flavor is inspired by France, while Japan sparked the idea for the strawberry mochi flavor. The churro flavor is inspired by Spain, and apple pie is based on the classic dessert from the United States Finally, Italy gave BRACH'S the idea for lemon sorbet These jelly beans are available for purchase at a suggested retail price of $3.49.

M&M's Album Art Packs

Mars Wrigley Confectionary

Mars Inc. has released a new collection of M&M's packaging called M&M's Album Art packs, which draws inspiration from iconic album covers and features M&M's characters The packaging showcases four artists from different music genres: Kacey Musgraves, H.E.R., Rosalía, and David Bowie. Customers can choose from four varieties of M&M's: milk chocolate, peanut, peanut butter, and minis These products are available in various sizes, including single (1 69-ounce), share size (2 83ounce), sharing size (10.8-ounce), and party size (38-ounce).

Sour Punch has introduced a new limited-time Pickle Roulette straw pack that combines green apple, lemon lime, and watermelon flavors. This product is available for a limited time only and while supplies last. Customers can purchase the Sour Punch Pickle Roulette for a suggested retail price (SRP) of $1 89 per tray

Wrigley Confectionary

Wrigley Confectionary

Sour Punch Pickle Roulette

Sour Punch

Pringles Minecraft Suspicious Stew

Kellogg's Co.

Kellogg's has announced the release of Pringles

Minecraft Suspicious Stew flavor, which boasts a rich, hearty, and savory taste. This flavor is inspired by the virtual in-game food item, Minecraft Suspicious Stew, which provides players with a status effect

Brownie Brittle M&M's Minis

Second Nature Brands

Mars Inc and Second Nature Brands have teamed up to produce three new varieties of Brownie Brittle. These include Brownie Brittle x M&M's Minis, Brownie Brittle Blondie M&M's, and Brownie Brittle M&M's Minis Gluten-Free. Each 4-ounce bag has a suggested retail price of $3 99 and contains 120 to 130 calories per 1-ounce serving

Kazbars

Hostess

Introducing Hostess Kazbars, a unique candy-barinspired innovation within the snack cake category. These delicious snack cakes feature layers of chocolate cake, cream, and candy crunch, with two varieties that come in either caramel or smooth chocolate fudge. Hostess Kazbars are covered in a chocolate-flavored coating and topped with a drizzle. They are available in two flavors: chocolate caramel and triple chocolate. You can buy them in 10-ounce boxes of eight individually wrapped 1.25-ounce mini bars or single individually wrapped in a 2.75-ounce size. Try Hostess Kazbars today and indulge in a sweet treat like no other!

Sea Salt & Pepper No Shells

Wonderful Pistachios

Wonderful Pistachios has expanded its No Shells lineup with the addition of Wonderful Pistachios Sea Salt & Pepper No Shells This new flavor joins the current lineup of flavors, which includes sea salt & vinegar, smoky barbecue, chili roasted, and honey roasted. Customers can purchase this variety in three different sizes, including 5.5-ounce, 11ounce, and 22-ounce bags, as well as a smaller 2 25-ounce bag

Blackout Cake OREO

Mondelez International

This month, a new OREO snack called OREO Blackout Cake has been released nationwide. This limited-edition chocolate cookie features a double-layered, rich texture. The OREO Blackout Cake has a classic chocolate base with a layer of chocolate cake flavor creme on top of a layer of dark chocolate cake flavor creme.

Omega-3 Rice Cakes

Riceworks

Riceworks, a gourmet rice snack brand, is introducing a new rice-based Omega-3 snack bar in three different flavors. This snack variety is aimed at health-conscious consumers and is made with whole-grain rice without any artificial flavors or preservatives The Riceworks multigrain Omega-3 fruit bars are baked with real fruit filling inside a whole grain crust. These bars are available in three flavors: apple cinnamon, blackberry, and strawberry.

Simply Smart Food

Frito-Lay

Frito-Lay has recently added Smartfood to its Simply brand, providing customers with a snack that does not contain any artificial flavors or colors. Simply Smartfood is available in two flavors, sea salt and white cheddar, and is made with wholegrain popcorn that is non-GMO Project Verified. The white cheddar flavor contains 50 calories per cup, while the sea salt flavor contains 45 calories per cup. Moreover, Simply Smartfood Sea Salt is certified gluten-free and comprises only three basic ingredients: popcorn, sunflower oil, and sea salt.

Dunkaroos Triple Chocolate

Dunkaroos, a product by General Mills Convenience, has introduced a new flavor called Dunkaroos Triple Chocolate. It includes chocolate cookies, chocolate frosting, and chocolate chips. The brand also offers a variety with vanilla cookies, vanilla frosting, and rainbow sprinkles. They come in single-serve trays, making them convenient for on-the-go consumption, and are priced at a suggested retail price of $1.99.

General Mills Convenience

Special Sauce Kettle Brand

Kettle Brand

The new limited-edition chip flavor is called Kettle Brand Special Sauce. These crunchy kettle-cooked chips offer a unique blend of sweet tanginess and mild heat, with hints of barbecue, honey mustard, and ketchup Customers can find the Kettle Brand Special Sauce chips in a seven-ounce bag at stores nationwide for $4.29, while supplies last.

Omega-3 Rice Cakes

Mondelez International

Ritz Everything Toasted Chips are the latest addition to the Ritz Toasted Chips range, priced at $3.95. These chips are toasted, not fried, and offer the same buttery flavor as regular Ritz crackers but with a unique twist The chips are baked with poppy seeds and seasoned with onion, garlic, and sea salt. Ritz Everything Toasted Chips join the existing lineup of Ritz Toasted Chips flavors, including cheddar, sour cream & onion, ranch, and others.

Chipoys Rolled Tortilla Chips

Chipoys

Chipoys is a brand that provides authentic rolled tortilla chips made with high-quality ingredients Their product line includes four full-flavored chip options: original, fire red hot, chile limon, and spicy ranch. Each serving of Chipoys chips contains 160 calories, 2 grams of protein, and 1 gram of sugar, with no trans-fat or cholesterol These chips are coated with tangy seasonings and added heat, paying homage to traditional Mexican flavors. Enjoy the delicious taste of Chipoys rolled tortilla chips today!

Taki's Intense Nacho

Barcel USA

Takis has launched its first-ever non-spicy, salty snack called Takis Intense Nacho. This new flavor is available in various forms, including Takis Pop!, Takis Rolled Chips, and Takis Waves. Customers can find each variety in sizes ranging from 2 5 to 9 9 ounces, with a suggested retail price range of $2.19 to $4.49.

Seeds and nuts are an essential component of the better-for-you snack trend in convenience stores for several reasons, and it’s showing in their sales

According to CStore Decisions, dollar sales for the nuts and seeds category in the convenience store channel reached $787 million, a gain of 4.2% for the 52 weeks ending Dec. 31, 2022. The importance lies in their nutritional value, versatility, and appeal to consumers who are looking for healthier snack options By offering seeds and nuts in their stores, convenience stores can meet the growing demand for healthier snack options and attract a wider range of customers.

The Healthier Alternative Choices

Consumers are becoming more health-conscious and are looking for snack options that are not only tasty but also good for them.

Seeds and nuts are a great alternative to traditional snack options, such as chips and candy, which tend to be high in calories, sugar, and unhealthy fats The popularity of better-for-you snacking in convenience stores is a trend particularly evident among younger consumers, who are more likely to prioritize health and wellness in their purchasing decisions.

Seeds and nuts are a natural source of protein, fiber, healthy fats, vitamins, and minerals that help boost energy levels, promote heart health, and reduce the risk of chronic disease. Studies have shown that including nuts and seeds in the diet can have numerous health benefits. A 2019 study found that increasing nut consumption after a diagnosis of type 2 diabetes led to an 11% lower risk of cardiovascular disease and a 15% lower risk

of coronary heart disease, a 25% lower risk of death from cardiovascular disease, and a 27% lower risk of death from any cause compared to those who did not increase their nut consumption. Research has also found that frequently eating nuts can lower levels of inflammation related to heart disease and diabetes, improve artery health, reduce inflammation related to heart disease, and decrease the risk of blood clots, which can lead to heart attacks and strokes.

Versatile Snacking

Seeds and nuts are versatile and can be used in a variety of snack applications They can be eaten raw, roasted, or flavored, and can be combined with other ingredients such as dried fruit, chocolate, or yogurt for a tasty and nutritious snack option. Here are some examples of how seeds and nuts can be used:

Toppings: Seeds and nuts can be added on top of yogurt, oatmeal, smoothie bowls, or salads for added nutrition and crunch.

Mix-Ins: Seeds and nuts can be mixed in with granola, trail mix, popcorn, or even baked goods to add texture and flavor.

Snacks: Seeds and nuts can be used as the main ingredient in snacks such as energy balls, protein bars, or homemade nut butter

Coatings: Nuts can be ground up and used as a coating for meats, fish, or tofu, adding a crunchy texture and nutty flavor.

Flours: Nuts can be ground up into a fine flour and used in baking to add flavor and nutrition to bread, muffins, and cakes.

Spreads: Nuts can be blended into a creamy spread, such as almond or peanut butter, and used as a dip for fruits or vegetables

Overall, seeds and nuts are versatile and can be used in many ways to add nutrition, flavor, and texture to a variety of snacks and meals

Convenience

The convenience factor is also driving the popularity of better-for-you snacks in convenience stores. Many consumers are looking for quick, on-the-go snack options that are easy to grab and consume while they are out and about. Seeds and nuts are a perfect option for this, as they are portable, require no preparation, and can be eaten quickly and easily. They’re also convenient for you since they have a long shelf life and don’t require refrigeration!

Attract New Audiences

Finally, seeds and nuts are a popular snack option among consumers who follow specific dietary restrictions, such as vegan, gluten-free, or paleo diets.

By offering seeds and nuts in their stores, convenience stores can attract a wider range of customers who are looking for snack options that fit their dietary needs Customers are also more likely to try new products if there are a variety of options available. Offer a mix of different types of seeds and nuts, as well as different flavors and brands, to attract new audiences to your snack aisle.

The popularity of better-for-you snacking in convenience stores reflects changing consumer preferences and the industry's response to those preferences. As more consumers seek out healthier snack options, convenience stores are increasingly recognizing the importance of offering these options to remain competitive in the marketplace

Sources:https://cstoredecisions.com/2023/04/04/better-for-you-snacking-drives-sales-ofseeds-nuts/; https://www.nutritionletter.tufts.edu/healthy-eating/health-benefits-of-nuts-andseeds/; https://www.mayoclinic.org/diseases-conditions/heart-disease/in-depth/nuts/art20046635

The need for decarbonization is a well-known fact, but what isn't so clear is how we can achieve it

The decarbonization of transportation is a huge challenge for the world, and it will take many different approaches to solve this problem. No one fuel will be able to do it on its own. We need multiple solutions that work well together if we are going to get ourselves off fossil fuels once and for all. The answer lies in the development of new fuels that are carbon-neutral and environmentally friendly.

Biofuels

Biofuels offer a way to reduce carbon emissions and are an important part of the decarbonization effort. Biofuels have been used for centuries, but they've only recently become more popular as a means of reducing greenhouse gas emissions. There's no doubt that biofuels can help reduce carbon emissions, but they're not a silver bullet, nor is it appropriate to assume that they will be able to offset other forms of fossil fuel use entirely Biofuels are still a relatively new technology, and they're not yet able to compete with other types of renewable energy. It may be possible in the future for them to do so, but it's not clear that this will happen anytime soon.

Electric Vehicle Expansion

Electric vehicles are more efficient than internal combustion engines. This is because they don't have to carry around a heavy engine block as well as all the extra parts that go into making an internal combustion engine work. Instead of burning gasoline or diesel fuel, electric vehicles use electricity from the grid and can be charged at home or at work.

Electric vehicles are cheaper to operate than vehicles with internal combustion engines. Since you don't have to worry about buying gas for your car anymore, electric vehicle owners save money on their monthly fuel bills and maintenance costs (which are higher for gas-powered cars). Electric vehicles are cleaner than internal combustion engines because they run off renewable energy sources like solar power or wind turbines instead of relying on fossil fuels like coal or natural gas that release harmful greenhouse gases into our atmosphere when burned by cars ' engines.

Hydrogen-Powered

Hydrogen is a clean fuel, and it can be produced from renewable sources. It can also be used in internal combustion engines, fuel cells, and battery electric vehicles (BEVs). The technology for hydrogen production is still nascent, but it has a lot of promise, and many companies are investing heavily in it One of the biggest drawbacks to hydrogen-powered cars is that they are currently very expensive to make. They also have a shorter range than BEVs and a lower energy density than gasoline or diesel fuel.

New Options

You might think that biofuels, electric vehicles, or hydrogen are the answers. But there is no one fuel that is going to solve all our problems. The importance of fuel diversity is not just about avoiding the risk of being stranded with a single technology but also about having access to cheap energy sources like oil and natural gas. It's important to note that these two fuels are much cheaper than any other alternative we have today, and they will continue to be part of our lives even after we ' ve decarbonized our transportation sector.

Conclusion

We need to be realistic about what can be done with current technology and how quickly we can transition away from fossil fuels The best solution is to push for development of all these new options so that when one fails or becomes too expensive, there is another option available.