Fuel Oil News

Fuel Oil News December 2015

The home heating oil industry has a long and proud history, and Fuel Oil News has been there supporting it since 1935. It is an industry that has faced many challenges during that time. In its 77th year, Fuel Oil News is doing more than just holding

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28 DECEMBER 2015 | FUEL OIL NEWS | www.fueloilnews.com BUSINESS OPERATIONS BY STEPHEN BENNETT F uel oil dealers and fuel oil customers don't see fuel oil the same way. That's one of many findings from a survey of dealers and of heating oil customers conducted earlier this year by Warm Thoughts Communications, a research and marketing firm in Clifton, N.J. The survey results are the basis of "The 2015 Consumer Research Study," funded by the National Oilheat Research Alliance. Oil dealers were asked to answer the survey questions as they thought their customers would answer them, said Richard Goldberg, president of Warm Thoughts. When the dealers' answers were compared to the answers of 2,579 fuel oil customers "some really big vari- ances" came to light, Goldberg said. "The fuel dealers substantially over- estimated how important it was to the customers that they're dealing with a local, family-run oil company versus a utility," Goldberg said. "That just doesn't show up as a big deal" in the customers' responses, Goldberg said. Even customer service—long seen as a trump card for and by dealers—isn't rated by customers as one of the most important benefits of fuel oil, the sur- vey showed. (Goldberg emphasized that despite customers' responses, exceptional customer service remains fundamental to dealers' business success.) Fuel oil dealers underestimate cus- tomers' expectation that converting to a different fuel will result in improved efficiency and savings, according to the survey, Goldberg said. Bashing the natural gas industry might make fuel oil dealers feel better, but Goldberg said customers indicated that they paid scant attention to criti- cisms of natural gas. "There is a whole line of thought that we can gain ground by focusing on the dangers of natural gas to the environ- ment," Goldberg said. But that issue "is Talking Points What to tell customers about heating oil

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