Connect with us

News

Amazon Growing as Automotive Retailer

In a report by One Click Retail, who collects sales data for the world’s top ecommerce marketplaces, Amazon recorded $2.4 billion in automotive related sales based on just their first-party sellers

Advertisement

Click Here to Read More
Advertisement

In a report by One Click Retail, who collects sales data for the world’s top ecommerce marketplaces, Amazon recorded $2.4 billion in automotive related sales based on just their first-party sellers. The company experienced a 16% YoY growth, and in the first half of 2017 trucking accessories at $185 million and towing/towing accessories at $70 million topped the U.S. selling categories.

Amazon has been selling automotive parts and accessories for years, but last year the company launched their own car research site and a specific parts marketplace. These new features allow shoppers to punch in their make and model to search for the correct parts.

Advertisement

The report also notes that two major trends in automotive aftermarket sales are that owners of older cars focus on more maintenance products, while new car owners tend to invest in appearance products. As vehicles on the road age, the underhood and undercar replacement parts segment of Amazon has generated nearly $300 million in sales during the first two quarters of 2017 alone, a growth of 20% YoY.

Advertisement
Click to comment

POPULAR POSTS

People

Michael Graber Appointed President & CEO of Toyo Tire USA

Smithers-1400 Smithers-1400

Executive Interviews

Smithers Answers Three Burning Last-Mile Truck Tire Questions

People

Hamaton Promotes Vice President of North American Subsidiary

Automotive technician independent automotive repair shop Automotive technician independent automotive repair shop

News

Economic Indicators Influencing Auto Repair

Connect
Tire Review Magazine