𝐖𝐡𝐲 𝐀𝐫𝐞 𝐎𝐄𝐌𝐬 𝐒𝐭𝐢𝐥𝐥 𝐅𝐚𝐜𝐢𝐧𝐠 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐢𝐧 𝐒𝐞𝐥𝐥𝐢𝐧𝐠 𝐂𝐚𝐫𝐬 𝐎𝐧𝐥𝐢𝐧𝐞? 🏎️💻 In our latest digital automotive commerce study, Berylls by AlixPartners sheds light on this question. 🔍 In collaboration with Civey, we surveyed customers across 🌍 Germany, China, the USA, and Korea to understand their online automotive buying preferences 🚗📲 and the key factors shaping a seamless experience. Our findings reveal that even with significant investments, OEMs struggle to raise awareness among customers about their online purchasing options, while customers still prefer the personal touchpoint of nearby dealerships. ➡️ Reach out to our Berylls by AlixPartners team: Henry Lundt, Philipp Purrucker, Julian Krugmann & Pia Wurst 🚀 #AutomotiveInnovation #DigitalSales #CustomerInsights #CarBuying #FutureOfMobility #BeryllsbyAlixPartners
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Customer preference when buying their next car 🚗 We enhanced our #digitalautomotivecommerce study with some more nuggets ⭐️ One of this is the customer's choice to purchase their next car at the dealer 🛍️ This implies the necessity to connect online (as this is #1 channel for sales qualification) even more with offline world 🔗 Furthermore, OEMs websites already today have gained a plateau in recognition, however its awareness needs to be boosted 📈 Stay tuned for next weeks nugget 🍿 In the meantime: thank you Pia, Philipp & Julian for prepping these insights! #berylls #digitalsales #automotiveecommerce #ecommerce
𝐖𝐡𝐲 𝐀𝐫𝐞 𝐎𝐄𝐌𝐬 𝐒𝐭𝐢𝐥𝐥 𝐅𝐚𝐜𝐢𝐧𝐠 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐢𝐧 𝐒𝐞𝐥𝐥𝐢𝐧𝐠 𝐂𝐚𝐫𝐬 𝐎𝐧𝐥𝐢𝐧𝐞? 🏎️💻 In our latest digital automotive commerce study, Berylls by AlixPartners sheds light on this question. 🔍 In collaboration with Civey, we surveyed customers across 🌍 Germany, China, the USA, and Korea to understand their online automotive buying preferences 🚗📲 and the key factors shaping a seamless experience. Our findings reveal that even with significant investments, OEMs struggle to raise awareness among customers about their online purchasing options, while customers still prefer the personal touchpoint of nearby dealerships. ➡️ Reach out to our Berylls by AlixPartners team: Henry Lundt, Philipp Purrucker, Julian Krugmann & Pia Wurst 🚀 #AutomotiveInnovation #DigitalSales #CustomerInsights #CarBuying #FutureOfMobility #BeryllsbyAlixPartners
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Why should fixed operations be a key focus for automotive retailers in 2024? An expert panel of digital retail specialists will delve into the critical reasons behind this focus and share insights on its pertinence in today’s retail environment. Their unique perspectives promise revelations on optimizing retail operations for enhanced profitability. Don't miss this opportunity for invaluable insights. Join us at the New York Automotive Forum to hear firsthand the strategies that are shaping the future of automotive retail. Secure your spot now → https://hubs.la/Q02q9tWP0 #AutoForumNY
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🚗 Exploring the US Automotive Aftermarket 🚗 Our Business Development team at Blackmore Partners has been analyzing the evolving trends in the US Automotive Aftermarket. The market is divided into three main categories: Replacement Parts, Service Channels, and Distribution Channels. Here are some key insights: 🔧 Replacement Parts: Tires are projected to hold the largest market share at 22.5% in 2023, driven by their high replacement costs and critical role in vehicle safety and performance. 🛠 Service Channels: The Original Equipment (OE) segment dominates with a 56.5% market share, while Do It For Me (DIFM) services are poised for rapid growth. The rise of e-commerce has made DIY and DIFM services more accessible and affordable, catering to tech-savvy consumers who prefer self-service. 🏪 Distribution Channels: Retailers lead the market, generating 55.5% of total revenue in 2023. Meanwhile, wholesalers and distributors are expected to grow significantly, thanks to advanced distribution technologies enhancing efficiency. This infographic provides a snapshot of the market dynamics. For an in-depth analysis, visit our comprehensive case study - Blackmore Partners Restructuring Case Study: https://buff.ly/4fEOTaE #Automotive #Aftermarket #BusinessDevelopment #BlackmorePartners #MarketTrends #CaseStudy
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🚗 Exploring the US Automotive Aftermarket 🚗 Our Business Development team at Blackmore Partners has been analyzing the evolving trends in the US Automotive Aftermarket. The market is divided into three main categories: Replacement Parts, Service Channels, and Distribution Channels. Here are some key insights: 🔧 Replacement Parts: Tires are projected to hold the largest market share at 22.5% in 2023, driven by their high replacement costs and critical role in vehicle safety and performance. 🛠 Service Channels: The Original Equipment (OE) segment dominates with a 56.5% market share, while Do It For Me (DIFM) services are poised for rapid growth. The rise of e-commerce has made DIY and DIFM services more accessible and affordable, catering to tech-savvy consumers who prefer self-service. 🏪 Distribution Channels: Retailers lead the market, generating 55.5% of total revenue in 2023. Meanwhile, wholesalers and distributors are expected to grow significantly, thanks to advanced distribution technologies enhancing efficiency. This infographic provides a snapshot of the market dynamics. For an in-depth analysis, visit our comprehensive case study - Blackmore Partners Restructuring Case Study: https://buff.ly/4fEOTaE #Automotive #Aftermarket #BusinessDevelopment #BlackmorePartners #MarketTrends #CaseStudy
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Why should fixed operations be a key focus for automotive retailers in 2024? An expert panel of digital retail specialists will delve into the critical reasons behind this focus and share insights on its pertinence in today’s retail environment. Their unique perspectives promise revelations on optimizing retail operations for enhanced profitability. Don't miss this opportunity for invaluable insights. Join us at the New York Automotive Forum to hear firsthand the strategies that are shaping the future of automotive retail. Secure your spot now → https://hubs.la/Q02q9nz_0 #AutoForumNY
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Why should fixed operations be a key focus for automotive retailers in 2024? An expert panel of digital retail specialists will delve into the critical reasons behind this focus and share insights on its pertinence in today’s retail environment. Their unique perspectives promise revelations on optimizing retail operations for enhanced profitability. Don't miss this opportunity for invaluable insights. Join us at the New York Automotive Forum to hear firsthand the strategies that are shaping the future of automotive retail. Secure your spot now → https://hubs.la/Q02q9lQZ0 #AutoForumNY
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Why should fixed operations be a key focus for automotive retailers in 2024? An expert panel of digital retail specialists will delve into the critical reasons behind this focus and share insights on its pertinence in today’s retail environment. Their unique perspectives promise revelations on optimizing retail operations for enhanced profitability. Don't miss this opportunity for invaluable insights. Join us at the New York Automotive Forum to hear firsthand the strategies that are shaping the future of automotive retail. Secure your spot now → https://hubs.la/Q02q9lVC0 #AutoForumNY
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Why should fixed operations be a key focus for automotive retailers in 2024? An expert panel of digital retail specialists will delve into the critical reasons behind this focus and share insights on its pertinence in today’s retail environment. Their unique perspectives promise revelations on optimizing retail operations for enhanced profitability. Don't miss this opportunity for invaluable insights. Join us at the New York Automotive Forum to hear firsthand the strategies that are shaping the future of automotive retail. Secure your spot now → https://hubs.la/Q02q9lZh0 #AutoForumNY
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Why should fixed operations be a key focus for automotive retailers in 2024? An expert panel of digital retail specialists will delve into the critical reasons behind this focus and share insights on its pertinence in today’s retail environment. Their unique perspectives promise revelations on optimizing retail operations for enhanced profitability. Don't miss this opportunity for invaluable insights. Join us at the New York Automotive Forum to hear firsthand the strategies that are shaping the future of automotive retail. Secure your spot now → https://hubs.la/Q02q9lJK0 #AutoForumNY
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Why should fixed operations be a key focus for automotive retailers in 2024? An expert panel of digital retail specialists will delve into the critical reasons behind this focus and share insights on its pertinence in today’s retail environment. Their unique perspectives promise revelations on optimizing retail operations for enhanced profitability. Don't miss this opportunity for invaluable insights. Join us at the New York Automotive Forum to hear firsthand the strategies that are shaping the future of automotive retail. Secure your spot now → https://hubs.la/Q02q9nxh0 #AutoForumNY
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Strategy Consultant @ Berylls by AlixPartners
2wOur full study can be found here 🚀https://www.berylls.com/en/navigating-online-automotive-sales-key-insights-from-consumers-around-the-globe/