Innovative Pricing Tactics from the Aftermarket Industry
How to Stabilize and Strategize in the Face of UncertaintyWatch On Demand
Make your strategy a competitive advantage by enhancing customer service while accelerating revenue and profitability.
Digital commerce and increased demand for aftermarket parts and services is spurring new growth and revenue opportunities for a wide range of businesses operating in the automotive industry. Data-driven insights should be feeding every deal so you’re no longer blindly approving quotes at sub-par margins.
Vendavo is the market leader in working with Automotive companies to modernize their quote-to-cash processes and deliver a superior customer experience while optimizing profitability.
Analyze every data point to build up a picture of current offerings performance to drive action that improves customer and product specific-pricing.
Make it easy for customers and sellers to configure valid complex product offerings and submit for quotes at the speed of digital commerce.
Auto parts ecommerce share
by the year 2023
Create dynamic pricing models that are constantly updated to reflect current supply and demand, product lifecycle, and market dynamics of automotive and aftermarket parts. Quickly simulate pricing strategies then set prices and promotion programs based on statistical segmentation across customer types, product type, and more. Capture market share by leveraging value in every moment.
the growth expected by equipment makers
in their offering of outcome-based or guaranteed pricing contracts by 2024
Identify and eliminate margin leakage across the entire range of Automotive and Aftermarket parts. Identify the spectrum of margin leakage across the waterfall to highlight areas for action.
increase in the average period of ownership
for both new and used vehicles over the last ten years
Customer Success Story
Jim Azzouz, Manager of Global Revenue Management
AUTOMOTIVE BRANDS POWERED BY VENDAVO
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