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KSS Guarantees Results from Its Fuel Pricing Solutions

Dubbed the “KSS Guarantee,” Company Stands Behind Success of Its Products

Florham Park, NJ – Mar. 2, 2009 – KSS Inc. today announced its “KSS Guarantee – Higher Profits Now!” program, a promotion that assures fuel retailers and wholesalers improved profitability from KSS’ PriceNet and RackPrice fuel price management solutions – or their software licenses are free.

Under the program, KSS will work with prospective clients and set customized performance benchmarks. After a set timeframe, if performance and profits fall below those predetermined goals, then the user receives a discount on the license. If the software produces no performance or profit improvement at all, then the license is free.

“We have implemented our fuel pricing solutions in more than 25,000 sites and terminals across 25 countries, totaling more than $180 billion in revenue. In addition, we have had 100 percent profitability improvement at all installations and 100 percent customer retention,” said Bob Stein, president and chief executive officer of KSS. “We’re confident that our PriceNet and RackPrice solutions will help retailers and wholesalers improve fuel pricing performance and gross profits. Therefore, in this uncertain economic environment, we’ll stand behind our products and reduce the risks for potential customers.”

PriceNet is a comprehensive pricing solution that supports the key tasks and stakeholders involved in retail fuels pricing, from capturing field-based intelligence at the site level to the generation of price proposals, via comprehensive pricing rules or price optimization, to consistent and timely implementation. High levels of automation and an ‘exception-based’ approach ensure a rapid response to competitors and market conditions and allow pricing analysts to leverage the power of pricing analytics.

RackPrice is an end-to-end wholesale pricing solution and includes modules for price generation automation, reporting/analysis, competitive price prediction, price-volume modelling and price optimization. The system helps wholesalers meet volume targets at the maximum possible margin by improving its pricing processes and responding more rapidly and effectively to market moves.

This announcement follows with KSS’ recent “Choose Your Grade” campaign launch, where the company is now offering potential customers flexible delivery models – including subscription and hosted methods – for its fuel price management software. In addition, KSS introduced its KSS Consulting Division – a service designed to help retailers and wholesalers maximize their fuel pricing strategies and processes.

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<% try pgdt = CDate("2009-12-01") catch ex as system.exception pgdt = now end try response.write(right("0" & day(pgdt),2) & " " & monthname(month(pgdt)) & " " & year(pgdt)) %>

KSS launches "Fuel Pricing Command & Control" Program gives retailers greater control over fuel margins


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KSS Inc. Joins PCATS


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Westex Capital Selects KSS PriceNet SaaS for Pico, Amigo Chains


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Susser Continues Growth and Success with KSS Partnership expands to include 30 additional sites


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KSS Inc. Introduces KSS Analytics for Fuel Retailers and Wholesalers


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Short-term Consulting Engagement Identifies Improvements to Fuel Pricing Processes and “Increase Profits” for Fuel Retailers and Wholesalers


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Hosted Solution Gives Fuel Retailers the Ability to Obtain Fuel Price Management without Upfront Technology Investments


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