The automotive parts market presents a fascinating pricing paradox that frustrates both retailers and consumers. Why does the same part cost $89 on Amazon, $130 on an e-commerce site, and $149 in a physical store? This question sits at the heart of what I call "the pricing trap"—where customer expectations clash with business realities. Diving into this complex topic, I explore the three distinct channels of parts procurement: brick-and-mortar stores with their immediate expertise and higher...
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The automotive parts market presents a fascinating pricing paradox that frustrates both retailers and consumers. Why does the same part cost $89 on Amazon, $130 on an e-commerce site, and $149 in a physical store? This question sits at the heart of what I call "the pricing trap"—where customer expectations clash with business realities. Diving into this complex topic, I explore the three distinct channels of parts procurement: brick-and-mortar stores with their immediate expertise and higher...
Episode 2: Breaking Free - Is Your Business Holding You Hostage?
Parts Perspective Podcast
15 minutes
5 months ago
Episode 2: Breaking Free - Is Your Business Holding You Hostage?
Freedom should be at the core of entrepreneurship, yet many automotive business owners find themselves more trapped than their employees. This thought-provoking episode challenges you to honestly assess whether you've built a business that serves your life or created a prison that demands your constant presence. We journey through the different automotive business models – from service centers and parts counters to various e-commerce approaches – analyzing how each impacts your ability to st...
Parts Perspective Podcast
The automotive parts market presents a fascinating pricing paradox that frustrates both retailers and consumers. Why does the same part cost $89 on Amazon, $130 on an e-commerce site, and $149 in a physical store? This question sits at the heart of what I call "the pricing trap"—where customer expectations clash with business realities. Diving into this complex topic, I explore the three distinct channels of parts procurement: brick-and-mortar stores with their immediate expertise and higher...