Alignment Tips to Boost Your Shop’s Profitability
What would you do with more hours in the day? Probably try to be more profitable and productive, I bet. So why would you risk those advantages if you have faulty alignment tools? In this Tire Review Continental Tire Garage Studio video, we give you eight tips to help you make your alignment services more
NPD Says Tire Sales Maintain Traction Despite Higher Prices
While average selling prices within the total auto aftermarket increased 14% in 2021, compared to 2019 (pre-pandemic), prices for consumer replacement tires grew 13%, according to the NPD Group (NPD). Despite elevated prices and altered driving behaviors, unit demand for tires neared pre-pandemic levels in 2021, says NPD. Tire sales volume swings in the modern trade
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.
Making More Money on Tire Service
In this video, Tire Review’s Danielle Hess reviews ways you can make more money at your shop in 2022, from the Tire Review Continental Tire Garage Studio at Babcox Media.
Improved Bay Productivity Maximizes Profitability
In the tire and service business, you make money through effective selling, controlling expenses and bay productivity. We present five tips that will help maximize bay productivity and, ultimately, improve your profits.
Increasing Sales at Your Tire Shop: Small, Effective Changes to Up Your Net Profit
A look at several common myths to growing your business and how they impact your shop’s profitability.
Tires vs. Service: Let The Data Speak for Your Future Profitability
By simply focusing on tire sales, you could improve your shop’s bottom line. This is proof.
Tire Shop Profit Centers: 12 Add-Ons to Bring in More Revenue
Find riches in niches – areas of specialization to help your business grow – by adding some unique potential profit centers.
Finding Gold and Opportunities within the Pebbles
One of my favorite life lessons is that of a teacher who walks into a classroom and sets a glass jar on his desk. He silently places large 2-inch rocks in the jar until no more can fit.
What Is Your Roadmap To Profitability?
Your roadmap begins with collecting all the labor dollars for your technicians’ time. Through measuring and managing, you can determine whether or not you are collecting all the labor dollars that are available to you, or if you are leaving money on the table. Once you start measuring a few important metrics, especially effective labor
Turning Employees into Salespeople
Looking for new ways to address flat sales and low profitability? Try turning all your employees into salespeople. Regardless of an employee’s position or job description, there’s an opportunity for people at all levels to be salespeople. Here are eight ways to make sales part of every person’s job, adapted from Patricia Sigmon’s new book