A fully connected fuel price sign, also known as an LED electronic price sign, is a type of remote price change technology that is used by gas stations and other fuel retailers to display prices for their products.
These signs typically consist of a large electronic display board that is mounted on a pole or wall at the station, and they are connected to the internet or to a private network. The price signs are then controlled by a software that is installed on a computer, a tablet or a mobile device. The software allows the operator to update prices in real-time, based on market conditions and other factors such as supply and demand.
A fully connected LED fuel price sign has many benefits for gas station operators. It allows for quick and easy adjustments to prices, helping to optimize their margins and reduce losses. It also eliminates the need for manual updates, which saves time and labor. Additionally, it allows for the use of dynamic pricing strategies, which can change the prices based on the time of day, weather, or other parameters which can be useful to attract customers during off-peak hours.
For the customers, they can access the prices through the internet, some gas stations have their prices online and others are shown through mobile applications which also have other functionalities like showing the locations, the distance and directions to the gas stations.
Overall, a fully connected fuel price sign is a valuable tool for gas station operators to efficiently manage their business, and can also be useful for consumers to plan their fuel expenses, depending on the availability of this information and ease of access.