eBay has banned the sale of automotive tuning devices that defeat the factory emissions systems. The announcement was likely primarily due to policy and regulations implemented by the US Environmental Protection Agency (EPA). Under the Clean Air Act, the EPA can charge eBay up to $4,819 for each non-compliant part sold through its site, according
Sales of specialty-equipment parts reached a new high in 2021, increasing to $50.9 billion in retail sales for the first time in history—up from $47.9 in 2020. The finding comes from the new “2022 SEMA Market Report,” which is available for download at www.sema.org/research, and provides the automotive aftermarket industry a comprehensive review of the specialty-equipment
Automotive is the single biggest retail segment in the U.S., accounting for 20% (more than $1.2 trillion) of retail spending in 2020, according to the new Retail Trends Report from SEMA Market Research. The report highlights U.S. retail spending and includes new findings on the retail side of the specialty-equipment market, including specialty-automotive shopping behavior
What has me so fired up recently is a report I read in another industry magazine written by a UPS executive, who was reporting on a study they did on consumer online purchases and the automotive industry. Of course, this is a good thing for a carrier, as the greater the online purchases, the more
Don’t throw those old Mustang parts away. That’s what Bob Perkins of Perkins Restoration (www.perkinsrestoration.com) in Juneau, WI told many Ford dealers back in the 1970s. Perkins somehow came up with a list of every Ford dealer in the country and whenever he traveled around, he would visit them and try to buy up their
POP, or point of purchase. At the movies, buying popcorn? How about something to drink? At the supermarket buying detergent? What about bleach? The connection is fast and direct. Not completing it is missing a huge opportunity for any business.
Selling value is all about selling you. Yes, this is the time to roll it all out. Your years in business represent security. Your vast resources and a belief in using quality products is important as well. Everyone knows quality costs a little more, and the implication is that it is worth it.