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Sales and AestheticsOn the Upsw<strong>in</strong>gThe petrol station owned by Mr.Georgiadis is <strong>in</strong> an ideal location:it is close to Thessaloniki'sMacedonia Airport, opposite the Hyattcas<strong>in</strong>o, and next to a MercedesBenz dealership. But the petrol stationowner, who is also a prefecture councilor,had been sell<strong>in</strong>g only 70 cubicliters of gas per month for years.About a year ago, Mr. Georgiadiswas approached by Aegean representatives.After present<strong>in</strong>g their low pric<strong>in</strong>gpolicy, the Aegean team managed toconv<strong>in</strong>ce Mr. Georgiadis that bychang<strong>in</strong>g suppliers he would <strong>in</strong>creasesales. Soon, he saw the results. As wordspread that his prices are among thelowest <strong>in</strong> the region, Mr. Georgiadisbegan sell<strong>in</strong>g up to 500 cubic liters permonth and his sales have room to <strong>in</strong>creaseeven more. Apart from attractiveprices, the complete renovation ofhis petrol station has played an importantrole <strong>in</strong> sales growth. The renovationtrans<strong>form</strong>ed his petrol station <strong>in</strong>toone of the most impressive <strong>in</strong> Thessaloniki.His new identity and sales successhave helped earn him the "PetrolStation of the Year" title.Accord<strong>in</strong>g to Mr. Georgiadis,Aegean’s low prices are putt<strong>in</strong>g pressureon the mult<strong>in</strong>ationals to sell theirfuel at lower prices to rema<strong>in</strong> competitive.And when he says "their fuel," hemeans the same fuel that Aegean sells,but under a different name. "All stationbrands—from BP to EKO to Shell—gettheir gas from the EKO ELDA ref<strong>in</strong>ery<strong>in</strong> Kalochori, and from the same tap. Itis a myth that mult<strong>in</strong>ationals offer consumersdifferent petrol than that offeredby other companies," he says.Two other competitive advantagesset apart Mr. Georgiadis’ petrol station.First, his is the only one sell<strong>in</strong>g liquidgas <strong>in</strong> the entire region from Thessalonikito Ioann<strong>in</strong>a. And, <strong>in</strong> a move thathas proved to be exceptionally farsighted,Mr. Georgiadis acquired apermit for convert<strong>in</strong>g the petrol eng<strong>in</strong>esof taxis and privately owned vehicles<strong>in</strong>to liquid gas eng<strong>in</strong>es 22 yearsago. Petrol stations such as Mr. Georgiadis’are creat<strong>in</strong>g a new era <strong>in</strong> retailsales of which Aegean is proud to be aleader, and on the side of the consumerand the petrol station owner.SPRING 2003 AEGEAN NEWS 21

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