Are Your Maintenance Prices Too High (or Low)? See Pricing Data From 500 Service Centers
With increasing market challenges and rising costs across all industries, it is more critical now than ever to know how your shop stacks up against the market. In this webinar, our experts will discuss Valvoline’s 2022 Annual Pricing Survey, a collection of oil change and preventative maintenance data from over 500 automotive service centers nationwide.
The Latest Consumer Buying Data on Major Auto Purchases
The way consumers shop for tires has evolved over the years–you’re probably installing more tires from an online purchase than ever before and having conversations with customers who know (or think they know) what tires they need on their vehicle, thanks to the endless amount of information at our fingertips. The pandemic shifted consumers’ digital
New Hankook Gauge Data: 77% of Americans Will Road Trip This Year
With summer travel well underway, Hankook Tire has released new data from its Gauge Index about how Americans are traveling. Though Hankook found that gas prices are impacting how frequently Americans are driving, the data reveals that most Americans (77%) expect to take a road trip between now and the end of the year – with
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
Why Trucking Companies and Fleet Managers Need to Digitize Their Tire Data
Trucking and logistics companies know that tires represent a big chunk of their marginal costs. On average, the marginal cost of tires is $0.038 a mile or $1.50 an hour, according to the American Transportation Research Institute. And that’s no surprise: an 18-wheeler packs 18 tires that cost an average of $375 each – that’s
Why Multi-Location Tire Dealers Need Mobile Data Capture
All across the U.S. there are hundreds of independent tire dealerships with multiple locations. For example, as the leading tire dealer in the U.S., Discount Tire operates more than 1000 stores in 35 different states. And no matter which location they choose, customers expect a speedy, quality experience. Say a customer is traveling or moving
Your POS System is a Data Mine and Can Improve Your Marketing
Your Point-of-Sale (POS) system holds a substantial amount of data about your customers and the products they buy. So, if you are just letting that data sit around, you could be missing out on a treasure trove of marketing data. Experts from the research company Growth from Knowledge (GfK), which gathers tire sell-out data from
Using Data To Order The Right Tire SKUs
Technology is a great tool to help you manage your business –it can help you save time when looking to replenish your inventory and allow you to check off other tasks on your to-do list with just a click of a button. In this video from the Tire Review Continental Tire Garage Studio, we’ll discuss
Using Data To Price Out Tires
Every tire dealer’s goal is to better understand what their customers want. This can improve sales, maximize overall profitability and drive more traffic to their stores. Tire Review’s Tess Lovrak discusses how data can help dealers do so from the Tire Review Continental Tire Garage Studio at Babcox Media. Data and analytics platforms can be
How Data, Analytics Can Boost Profitability for Tire Retailers
By collecting and analyzing data about a dealer’s sales history, inventory levels and market demand, data and analytics platforms can analyze the performance of each dealer’s store and recommend actionable improvement opportunities.
