Tag Archive for: Retail Sales Trends

How An Increase or Decrease in Price Affects Gross Margin and Sales
Automotive Aftermarket MarketingCalculate the impact of a price increase or price decrease Bonus: Formula for impact of sales change. Scroll down to download your own Microsoft Excel workbook with the formulas for a price increase/price decrease and gross profit. If you…

7 Automotive POS Systems Compared
Auto Aftermarket News & TrendsThere are many options for an automotive POS system (automotive "point of sale" software) to help you run your auto parts business. Some POS systems branch out into managing inventory, customer records or managing multiple retail locations.…

Auto Parts Industry Growth: eCommerce at $67 Billion by 2030
Auto Aftermarket News & Trends, Automotive Market ResearchAuto parts industry growth: 9% eCommerce growth rate through 2025 Compounded annual growth rate (CAGR) for parts eCommerce is projected just under 9% through 2025. Online revenue for automotive parts eCommerce revenue will reach $41 billion…

Automotive Industry Future Outlook: 2021-2024
Auto Aftermarket News & TrendsThe COVID-19 pandemic has changed the future of the automotive industry. We show the current situation and the future of the automotive industry, in just seven charts.We'll start by showing you the current impact of the pandemic on the auto…

Auto Parts eCommerce Market Share At $16 Billion in 2020
Auto Aftermarket News & Trends, Automotive Aftermarket Marketing, Automotive Market Research Auto parts eCommerce market share: transformational shift in 2020-2021 Note: Here's a link to a more recent article on auto parts industry growth and eCommerce projections.Trends in online shopping: automotive parts eCommerce revenue…

Auto Parts Chains Staging a Retail Comeback
Auto Aftermarket News & Trends, Automotive Market ResearchThe top auto parts chain stores appear to be staging a retail comeback during the coronavirus pandemic. The data includes weekly credit card transactions from AutoZone (NYSE: AZO), Advance Auto Parts (NYSE: AAP), O'Reilly Automotive (NASDAQ: ORLY) and NAPA Auto Parts (NYSE: GPC). These auto parts chains act as a bellwether for DIY activity as well as retail, two important [read more] ...

Automotive Direct Mail Marketing, Other Tips to Drive Shop Traffic
Automotive Aftermarket MarketingAutomotive direct mail marketing ideas Automotive direct mail marketing is one way to bring traffic into your parts store. Here are some auto shop direct mail ideas to use. These ideas apply to auto repair shops and automobile dealerships,…

Coronavirus impact on the amazing automotive aftermarket: Recessions, stock market crashes, unemployment
Auto Aftermarket News & Trends What's the coronavirus impact on the auto aftermarket? What is the COVID-19 and coronavirus impact on the auto aftermarket? Most economists seem to agree right now that we're probably heading into a recession. (This is written March 27, 2020.)…

Auto Parts Industry Analysis: Online Market At $12 Billion in 2019
Auto Aftermarket News & Trends, Automotive Aftermarket Marketing, Automotive Market ResearchHighlights from our annual auto parts industry analysis (NOTE: this article is from January, 2019. For a more current forecast click here.)• Online auto parts market will pass $12B in 2019 in the US; Projected at $19B by 2022. • North…

New Car Buyer Demographics
Automotive Market ResearchWe get asked a lot of questions about new car buyer demographics so we wanted to do some in-depth data analysis to see who buys new cars in 2020. Buying a new vehicle is a major household expenditure. It is reported that Baby Boomers...

We Bust 3 Myths About Selling Auto Parts During the Christmas Shopping Season
Automotive Aftermarket MarketingCan you sell auto parts online for the Christmas shopping season? The shopping season isn't just about sweaters. We analyzed Google search trends over the past few years and bust some myths. Myth#1: Black Friday: the most important online shopping…

Auto Parts Retail Industry: Internet’s Influence on Retail Auto Parts Sales
Auto Aftermarket News & Trends, Automotive Aftermarket Marketing, Automotive Market ResearchIn our auto parts retail industry analysis, we show how digital influence is driving billions of dollars in retail sales and it's not stopping. Nearly all offline retail sales begin online.Our latest auto parts retail industry outlook shows…