What are Commercial Tire Expectations in 2023?
This year has been one to catch our collective tire-dealing breath after two years of weirdness that has led to long stretches of fewer Vehicle Miles Traveled. This past year seemed to bring us back to a bit of much-welcomed normalcy, replacing Instagram videos of bread making with Celine Dion lip-syncing TikTok challenges. But more
What Data Tells Us About EV Hype
Love them or not, EVs are hugely gaining popularity – at least in the sense that we can’t help but talk about them all the time – thanks to a number of market factors, gas prices being chief among them. In fact, according to data released by Hankook Tire in August, 26% of survey takers
Tire Market Predictions for 2023
Welcome to Rolling With The Numbers, where we present you with data that gives tire dealers information to keep their tire businesses rollin’, based on research conducted with our independent tire dealer audience and beyond. This week, we’re taking a closer look at indicators in the automotive aftermarket that should help us to predict where
Tire Dealers Tell Us How They’re Dealing with Price Increases
On this week’s episode of Rolling with the Numbers, we’re taking a closer look at how you, our tire dealer audience, are handling the rising cost of tires. Look, we’re all feeling it. The price of goods just isn’t what they used to be in the good ol’ days… meaning, like, a couple of years
Tire Dealers Tell Us How They’re Dealing with the Supply Chain Strain
On this week’s episode of Rolling With The Numbers, we’re taking a closer look at how you, our tire dealer audience, are handling supply chain issues. A necessity for any industry dealing with manufacturing and transporting, the supply chain can be tamed with the right tools. The automotive aftermarket is itself a provider of many
If the Data is Right: What the Latest Numbers Mean for Tire Shops
I’m going to state the obvious: There’s a lot of data out there. What’s not always so obvious is how that data relates to your tire business. Like, consider data surrounding how is the supply chain recovering from pandemic-fueled disruptions. Does recovery mean more tires are on the way to your showrooms? And what about
What Do the VMT Tea Leaves Say About Tires and Service?
Vehicle miles traveled, or VMT, tells us how much all those vehicles out there are actually being used, indicating how many miles are put on odometers all across the country. Tire dealers should care about this particular statistic because it directly relates to the wear and tear on those vehicles, especially tires. This past March,
Ranking the Improvements Tire Shops Can Make Today
Over the past year or so, Tire Review has collected a ton of data from tire dealers. And every time we do, we pass it right back on to you in our Rolling with the Numbers series so you can grow your business and increase your revenue opportunities. However, all that data can get overwhelming,
Should You Focus on Tire Sales or Service?
Where is the money coming from, tires or service? For many tire dealers, this is clear-cut, but for some, it’s difficult to know what tires and service successes to lean into and which are short-lived blips on the radar. Some dealers focus all their efforts on sales, devoting service time only to flat repairs, mounting
What’s the Value of a Solid Succession Plan?
Succession planning isn’t typically at the front of a business owner’s mind if they aren’t planning on going anywhere soon, but that doesn’t mean it’s smart to ignore the issue. Having a plan in place can give tire dealers the peace of mind to run their business in a way they might not if they
Happier Tire Technicians Means Higher Profits
Your technicians are the lifeblood of your tire business. They keep your business moving and are oftentimes literally the face of the business when interacting with customers, so it’s important to keep them happy and satisfied at work – and it pays to do so. In fact, 95% of the dealers who took our recent
What Is Your Mission as a Tire Dealer?
According to our tire dealer polling data, 42% of tire dealers who took our survey say their business doesn’t have a mission statement. Does this matter? What are the real benefits of having a mission statement, anyway? In this month’s episode of Rolling with the Numbers, we take a look at the mission statements of
