What's Treading, Ep. 12: Consumer Finance in the Coronavirus Age

What’s Treading, Ep. 12: Consumer Finance in the Coronavirus Age

How can consumer finance play a role in your business during the coronavirus? We find out in this episode of What's Treading with Tire Review.

In the last four weeks, more than 17 million Americans have filed for unemployment, according to the New York Times, which means for tire dealers and retailers across the country, many people don’t have the money for unplanned expenses right now – and unfortunately, tires often are one of those things.

Navigating this situation right now is Ryan Slobodian, executive vice president of Snap Finance. In this week’s episode, Ryan details how Snap Finance is working with its key stakeholders – including its customers and retail partners – to provide financial relief where it’s needed. He also delves into how the coronavirus pandemic is changing consumer spending and how tire dealers can be prepared as the economy recovers from this crisis.

Listen above or subscribe to “What’s Treading with Tire Review” on Apple PodcastsSpotifyGoogle Play and Spreaker.

You May Also Like

How Lucid Motors leverages tire manufacturer partnerships to drive sustainable innovations

The automotive industry is leveraging supplier partnerships to overcome common sustainability challenges.

michelin-lucid-tires-1400

How can tire manufacturers better work with OEMs when their missions align? That was the emphasis of a conversation between Katelyn Margetson, Michelin's vice president of consumer marketing for consumer products in North America, and Andrea Soriani, vice president of marketing and communications for Lucid Motors, during Michelin’s Sustainability Summit held at the Sonoma Raceway in California.

Recommending summer tires based on customer demand

Let’s talk about why clear communication with customers is key with this segment.

TR-Continental-summertires
Maverick Tire Changer: Bead massage

The bead massage feature on the Maverick tire changer helps with better tire and wheel fitment for balancing.

Hunter-bead-massage
How vehicle alignment affects ADAS features

It’s not just about keeping the vehicle traveling straight anymore – proper alignment is critical for ADAS features to function correctly.

TR-Continental-alignmentADAS
Hunter Maverick Tire Changer: 19.5-in. tire service

Learn to handle 19.5-inch wheels, which are common on some delivery vehicles, with Hunter’s Maverick tire changer.

Other Posts

How to know whether to resurface or replace brake rotors

The rise of front-wheel-drive vehicles in the mid-1970s led to the emergence of hubless or “hat” style rotors.

TR-Continental-brakerotors
MatraX Tyres on navigating the diverse needs of the U.S. marketplace

We talk about how MatraX Tyres is adapting its products for U.S. customers and the challenges associated with U.S. distribution.

WT-YT-matraXtire-1400
MatraX Tyres on navigating the diverse needs of the U.S. marketplace

We talk about how MatraX Tyres is adapting its products for U.S. customers and the challenges associated with U.S. distribution.

WT-YT-matraXtire-1400
How to maximize your scan tools’ full potential

Get the most out of your tools so they aren’t just expensive code readers.

TR-Continental-scan tool