3 Important Facts To Know Before Opening An Online Auto Part Supply Store - PowerPoint PPT Presentation

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3 Important Facts To Know Before Opening An Online Auto Part Supply Store

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If you are thinking about becoming a Keystone automotive supplier or any other auto-part online supplier, now is the time. That is because this ongoing global health crisis has given rise to new business opportunities and trends. The eCommerce market especially has seen a dramatic change. The good news is US automotive aftermarket is showing great improvement which is pegged at 30% since 2019. – PowerPoint PPT presentation

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Title: 3 Important Facts To Know Before Opening An Online Auto Part Supply Store


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3 Important Facts To Know Before Opening An
Online Auto Part Supply Store
If you are thinking about becoming a Keystone
automotive supplier or any other auto-part online
supplier, now is the time. That is because this
ongoing global health crisis has given rise to
new business opportunities and trends. The
eCommerce market especially has seen a dramatic
change. The good news is US automotive
aftermarket is showing great improvement which is
pegged at 30 since 2019. Hence, if you have
always wanted to become an auto part supplier,
now is a great time to join the thriving online
auto part supply industry. But before you go jump
in, here are important facts you need to pay
attention to.
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  • Investigate your market
  • This will determine your whole online store.
    There are many market research available online
    that can help you to scope out the automotive
    aftermarket shopper demography. The customers who
    shop for auto parts online can be divided into
    two groups retail customers and B2B customers.
  • Who is a retail customer
  • This group of customers are people who are
    customizing their vehicles. It can be a kid
    trying to buy a good loud exhaust for his
    existing car. This type of business is called B2C
    and most time, the business quantity will be
    small but will have a shorter delivery time.

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Who is a B2B customers The small vendors like
your local garages, auto shops and others make up
your B2B customers or Business to Business
customers. This group of customers will have more
volume of sales, but your profit margin will be
lower. But if your services and inventory are
good, this type of customer will stabilize your
business fast.
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2. Focus on a Niche Market Why do you need a
niche market? The auto part supply industry is
quite vast. There are various kinds of auto part
demands in the market, which broadly can be
divided into two, OEM or original equipment
manufacturer and third-party auto parts. So
choosing one market at the start will make it
easier for you to plan your business and focus
your marketing efforts. Select the type of
auto-parts to sell Once you have selected which
type of auto parts you are going to sell, you can
then further choose to sell only replacement
parts or performance parts. So, it can either
External automotive parts like grills,
bumpers, hubcaps, etc. Internal parts like
cylinders, spark plugs, fuel jumps, etc. Tools
like jacks or wenches.
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3. Find a great eCommerce platform Once you have
decided on your niche market, formed your company
and done the paper works, it is time to focus on
building your online store. User experience is
the biggest thing that matters when it comes to
designing a website. From chatbot implementation
to visual merchandising, everything should be
good to gather your customer base. Hence take
time in selecting the best eCommerce platform for
yourself. These are the features your website
should have that your eCommerce platform should
implement smoothly. Easy method to filter their
vehicle Faceted search Loyalty
programs Chatbots Secure payment
getaways B2B capabilities
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The future of business is eCommerce. So, the
earlier you jump in, the better it is for your
business growth. Hope this information helps you
in your journey to becoming a Keystone automotive
supplier or any other auto-part supplier.
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Contact Us
  • 2015 Main St, Vancouver, BC , V5T 3C2, Canada
  • Call - 3064387527
  • Email Us- sales_at_gravityshift.co
  • Website- https//gravityshift.io/supplier-keyston
    e-automotive-integration

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  • THANK YOU
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