By Matt Kennedy
The new “SEMA Retail Landscape Report” dives into the ways in which retailers are facing and adapting to a range of business challenges.
The specialty-automotive aftermarket industry has always been driven by adaptation and innovation. It’s not just the products that are constantly changing, either; the ways specialty parts are bought and sold are also evolving over time. Today, the independent retailers that sell our industry’s products to consumers are dealing with a business environment that’s changing just as much as the parts they carry.
The new “SEMA Retail Landscape Report” dives into the ways in which retailers are facing and adapting to a range of business challenges. Increased online competition, and its effect on consumer expectations and behavior, are certainly key shifts with a widespread impact on retail. But there’s more to it than just the growth of online sales. Retailers, and companies looking to understand specialty-automotive retail, can use the report to gain insight into strategic questions, including:
- What is the current state of affairs for specialty automotive retail?
- How do retailers feel the industry and customer base have changed?
- How can small retailers stand out from bigger, cheaper competitors?
- Where are there opportunities for retailers to become more efficient?
- What factors do retailers think will shape the industry going forward?
To learn more, download the “SEMA Retail Landscape Report,” now available for free at www.sema.org/research.