A recent article on searchautoparts.com details the dramatic increase of eCommerce sites in the automotive aftermarket:
E-commerce growth in the aftermarket is lapping brick-and-mortar growth. According to an April 2014 Hedges & Co. report, online sales of auto parts grew nearly 16 percent between 2012 and 2013, from $3.8 billion to $4.4 billion, and online sales (excluding auctions) are projected to pass the $5 billion mark in 2014. Brick-and-mortar stores actually showed a sales decrease of 1.5 percent in 2013, according to U.S. Census Bureau data.
The move from brick and mortar to online commerce is one of the most important trends in this sector, changing the way that parts are sold across the complex aftermarket supply chain. Manufacturers and distributors no longer sell to a limited number of channel partners, but rather to a broad array of jobbers, distributors, retailers, vehicle owners, and maintenance personnel through proliferating online connections.
To help meet this demand, Epicor established the Epicor Parts Network, a broad portfolio of Web-based, business-to-business (B2B) eCommerce solutions for automotive parts distributors and vehicle service providers. Epicor Parts Network includes the Epicor Parts Network B2B eStore (formerly Internet AutoParts), Epicor Integrated Service Estimator (ISE) parts and labor estimating solution, and cloud-based Epicor Parts Network (formerly AConneX) parts trading solution. Together, these eCommerce tools connect approximately 26,000 auto parts distributor and jobber locations and more than 170,000 registered aftermarket service providers and dealership users.
“Distributors, jobbers, and service dealers continue to set new records each year for B2B eCommerce volume and value,” notes Scott Thompson, vice president, automotive eCommerce for Epicor. “This growth is playing a vital role in keeping the aftermarket’s traditional channel healthy through increased efficiency, bay productivity, and, ultimately, a superior consumer experience at the repair shop.”
To find out more about Epicor solutions for the automotive aftermarket, go to http://www.epicor.com/Industries/Retail/Pages/automotive-aftermarket-software.aspx.
Posted by the Epicor Social Media Team