Fuel Oil News

Fuel Oil News March 2016

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

Issue link: https://read.dmtmag.com/i/641796

Contents of this Issue

Navigation

Page 21 of 51

22 MARCH 2016 | FUEL OIL NEWS | www.fueloilnews.com E xactly three years ago Fuel Oil News covered a new com- pany, SmartClick Energy, that offered an affiliate program for industry heating oil dealers with an online buying experience for the customer. The goal was to sign dealers to specific territories throughout the Northeast and Mid-Atlantic States to generate incremental gallons beyond their existing customer base. SmartClick would market the program, find these supplemental customers and handle all of the back office headaches. The dealer essentially receives a negotiated delivery fee for fulfilling the service. Shipley Energy, a leading, highly diversified energy marketer in the Northeast, acquired SmartClick in May of 2015, and after an overhaul has just relaunched the program this January as SmartTouch Energy. As it stands now, the company has 46 different partners (and growing) with a footprint that extends from Baltimore to Bangor, Maine. Operators range in scale from smaller companies with four or five trucks doing perhaps 2 million gallons per year, to some with 50 vehicles doing perhaps 50 million gallons per year. Fuel Oil News interviewed Steven Downey, the company's president, for the rationale behind the acquisition and for where Shipley intends to take the program moving forward. FON: What prompted the acquisition? DOWNEY: We were actually looking to do something similar and then we were contacted by a broker with the opportunity. We opened discussions and we really liked the business model. As an industry we've lagged a bit behind how other industries are serving their customers. If we can do a great job and serve the consumer in the way they want to be taken care of, when they want to order, how they want to order and the convenience factor then we are going to be able to grow and expand compared to the competition. And we can do that as a team. We hope to more than double the number of customers and the size of the business in the first year. FON: On the technology side, how much reworking was required after the acquisition? DOWNEY: Fundamentally the platform functioned, but it needed some work. We wanted to make it a better customer experience. We wanted to make it faster and more accessible to mobile devices. Some 45% of our traffic comes from mobile devices. We made a range of changes to make it more functional for both our customers and dealers. SMARTTOUCH ENERGY Shipley's SmartClick Acquisition Moves Forward with More Than Just a Name Change BY KEITH REID

Articles in this issue

Links on this page

Archives of this issue

view archives of Fuel Oil News - Fuel Oil News March 2016