BR Petrobras Leads Drivers' Preference Despite Low Notoriety of Vibra Energy

BR Petrobras Leads Drivers’ Preference Despite Low Notoriety of Vibra Energy

Written by Corporativo

Published on 21/08/2024 at 15:00

Be the first to react!

BR Petrobras Leads Fuel Station Market with 30.6%, Followed by Ipiranga (29.5%). Vibra Energia Faces Rebranding Challenge to Win Consumers.

BR Petrobras maintains its leadership position in the fuel station sector in Brazil. With a market share of 30.6%, the company stands out as the most used by consumers. Main competitors, Ipiranga and Shell, also perform strongly, but BR Petrobras continues to lead with a significant margin. Customer preference for BR Petrobras demonstrates the trust and quality of services it offers.

BR Petrobras is adapting to the new demands of the market, not only maintaining its leadership but also innovating in its services. Recently, BR Distribuidora, now known as Vibra Energia, has been facing the challenge of rebranding to attract a new audience. The strategic vision and marketing actions have been crucial for the company to reinvent itself, seeking not only to retain its existing customers but also to acquire new consumers in the competitive market.

Research Reveals Fuel Market Overview in Brazil

CVA Solutions’ research revealed that 80.9% of respondents do not know the Vibra Energia brand. BR Petrobras still has a strong market presence, but its brand strength has diminished. Three brands dominate 82% of the fuel station market. It is noteworthy that Vibra Energia faces the challenge of winning over consumers, as many Brazilians are not familiar with the brand.

ARTICLE CONTINUES BELOW

The Strength and Regional Preferences of Brands

CVA Solutions, a subsidiary of the American CVM Inc., has been conducting research for 23 years in Brazil and 28 in the USA. The study indicated that BR Petrobras remains the national preference, with 30.6%, but very close to Ipiranga, which holds 29.5%. BR Petrobras is more chosen in the Northeast, North, and Central-West regions, while Ipiranga dominates the South and Southeast. Regarding the fuel station market, three brands – BR Petrobras, Ipiranga, and Shell – account for about 82% of consumers.

Currently, Brazil has over 40,000 fuel stations and about 8,000 convenience stores that sell fuels, lubricants, automotive services, food, beverages, and more. Factors such as location, affordable prices, brand strength, and good facilities are decisive in consumers’ choices.

Perceived Value and NPS in Consumers’ Choices

Leading brands have a greater number of stations, have been in the market longer, and excel in investment in communication, convenience stores, and loyalty programs. The Perceived Value, which measures the cost-benefit perceived by consumers, showed that benefits account for 33% of this perception, highlighting location, reputation, and fuel quality.

On the other hand, costs represent 67% of the perceived value, with emphasis on the price of fuel. Consumers seek to save but trust the quality of fuel and the convenience of service. The NPS metric, which measures brand recommendation, is led by Ipiranga with 64.5%, followed by Shell and BR Petrobras, among others.

The Challenge of Vibra Energia in the Market

BR Distribuidora, composed of more than 8,300 stations, was acquired by Vibra Energia in 2021. In January 2024, Petrobras informed Vibra Energia that it would not renew the brand usage license after the contract expires in June 2029. CVA’s research showed that the Vibra brand is little known, with only 19.1% overall recognition. The BR Petrobras brand has lost its leadership and has a lower recall level compared to Ipiranga and Shell.

This is a decisive moment for Vibra Energia. There is a dilemma regarding investment in the communication of BR Petrobras, as there is a risk of not being able to use the brand in the future. One solution may be rebranding, transitioning BR Petrobras to Vibra Energia over five years.

Convenience Stores and Automotive Services as a Strong Strategy

Convenience stores and automotive services significantly increase the profitability of stations, with 40.8% of fuel station consumers visiting these stores. These stores boost the use of services such as oil changes and car washes. Ipiranga leads in these services, followed by Shell and BR Petrobras.

Lubrax, from BR Petrobras, is the leader in lubricating oil sales, followed by brands such as Mobil, Castrol, and Ipiranga. In loyalty programs, Ipiranga leads, followed by Shell and BR Petrobras. The fuel retail sector is still less digitized, making convenience stores and loyalty programs important strategies to engage consumers.

0 Comments

most recent

older Most voted

BR Petrobras Leads Drivers’ Preference Despite Low Notoriety of Vibra Energy

BR Petrobras Leads Fuel Station Market with 30.6%, Followed by Ipiranga (29.5%). Vibra Energia Faces Rebranding Challenge to Win Consumers.

Research Reveals Fuel Market Overview in Brazil

The Strength and Regional Preferences of Brands

Perceived Value and NPS in Consumers’ Choices

The Challenge of Vibra Energia in the Market

Convenience Stores and Automotive Services as a Strong Strategy

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

Under nearly 2 kilometers of ice in Antarctica, scientists have discovered an ancient landscape sculpted by rivers up to 60 million years ago, the size of Wales, preserved as a time capsule that could help predict the advance of ice towards the ocean.

She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

Bricklayers off the scaffolding? New system uses autonomous drones to position bricks and apply adhesive in the air, creating walls with two flying robots working as a team.

Processors can become 1,000 times faster with a new device that uses light pulses, operates in 40 picoseconds, and reduces the heat that stalls data centers.

Noise in the sky frightened residents: NASA confirms that a meteor exploded over New England with a force equivalent to 230 tons of TNT

The paycheck that seemed impossible: São José employee receives R$ 7.94 after legal strike, while deductions by the City Hall affect over a thousand employees and become a target of inquiry in the City Council.

With only R$ 50 in his pocket and a dream, the 26-year-old Tocantins native Willian Gomes left Tocantins and has already cycled over 4,000 kilometers towards Ushuaia, at the southern tip of Argentina, without accepting a single ride in eight months.

Has the war with artificial intelligence already begun? The US Army tests armed robots in the Moroccan desert, uses drones with explosives, and showcases a system capable of reducing military decisions from hours to just 3 minutes.

BR Petrobras Leads Drivers’ Preference Despite Low Notoriety of Vibra Energy

BR Petrobras Leads Fuel Station Market with 30.6%, Followed by Ipiranga (29.5%). Vibra Energia Faces Rebranding Challenge to Win Consumers.

Research Reveals Fuel Market Overview in Brazil

The Strength and Regional Preferences of Brands

Perceived Value and NPS in Consumers’ Choices

The Challenge of Vibra Energia in the Market

Convenience Stores and Automotive Services as a Strong Strategy

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

Under nearly 2 kilometers of ice in Antarctica, scientists have discovered an ancient landscape sculpted by rivers up to 60 million years ago, the size of Wales, preserved as a time capsule that could help predict the advance of ice towards the ocean.

She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

Bricklayers off the scaffolding? New system uses autonomous drones to position bricks and apply adhesive in the air, creating walls with two flying robots working as a team.

GAC Aion UT lands in Brazil for R$ 135,990 as the most affordable electric car in the country with over 200 hp, surpasses BYD Dolphin in size, features a 360 camera, and offers up to 310 km of range to challenge Chinese rivals.

Mitsubishi confirms the triumphant return of a car beloved by Brazilians that was discontinued after almost 40 years, based on the Triton, 4×4, and targets rival Toyota Land Cruiser in a plan of 13 SUVs.

With a twin-cylinder engine of 49.6 hp and a range exceeding 400 km, the new Honda NX500 2027 debuts with a 5” TFT panel, Showa suspension, HSTC torque control, dual-channel ABS, and unlimited mileage warranty.

Customer crashes car during test drive and Court of Justice decides that the driver is not at fault, therefore, he does not have to pay for the damages.

Processors can become 1,000 times faster with a new device that uses light pulses, operates in 40 picoseconds, and reduces the heat that stalls data centers.

Noise in the sky frightened residents: NASA confirms that a meteor exploded over New England with a force equivalent to 230 tons of TNT

The paycheck that seemed impossible: São José employee receives R$ 7.94 after legal strike, while deductions by the City Hall affect over a thousand employees and become a target of inquiry in the City Council.

With only R$ 50 in his pocket and a dream, the 26-year-old Tocantins native Willian Gomes left Tocantins and has already cycled over 4,000 kilometers towards Ushuaia, at the southern tip of Argentina, without accepting a single ride in eight months.

Has the war with artificial intelligence already begun? The US Army tests armed robots in the Moroccan desert, uses drones with explosives, and showcases a system capable of reducing military decisions from hours to just 3 minutes.