The 212 stores in Tire Factory Inc.’s network sold 6.5% more tires in 2017 than in 2016, and they increased overall sales by 8%. There was improvement in same-store sales — dealers who have rebranded to the Point S banner increased sales by 5.5%, and those who haven’t were up 3.5%.
The 212 stores in Tire Factory Inc.’s network sold 6.5% more tires in 2017, thanks to increases in same-store sales, plus the addition of 20 new locations in the cooperative.
Zhongce Rubber Group Co Ltd. (ZC Rubber) discussed plans to improve market share with dealers attending its 2018 distributor conference in Bangkok on Jan. 28.
K&M Tire Inc. founder Ken Langhals likes to remind his 600-plus employees that a customer’s tire order one day doesn’t guarantee another order the next. And that means K&M’s annual dealer conference is an opportunity to provide dealers with help and extra services that set K&M apart from other wholesalers.
Five tire dealers have cracked the code for luring millennials into their businesses. The best part is, these tactics serve every customer who walks in the door, no matter what his or her age.
At the recent New England Tire & Service Association Trade Show in Mashantucket, Conn., Modern Tire Dealer’s first Tire Dealer of the Year, Barry Steinberg, led a discussion on “Competing Against Internet-Based Tire Sales.” Here are his principal takeaways.
“Yelp is a land mine.” “I can’t find employees.” “Quality of life is our biggest concern.” When dealers gather to talk about issues important to them, the topics are always wide-ranging.
Tire Factory Inc. members have rebranded the vast majority of their 206 stores to the Point S banner at a breakneck pace. And leaders of the Oregon-based cooperative are unveiling new programs with two big hopes: the momentum of current members continues, and more independent tire dealers join their network.
On the surface, the tire industry appears to be relatively stable. As Goodyear Tire & Rubber Co. Chairman, CEO and President Rich Kramer likes to say, “We’re in an industry that’s over 100 years old selling essentially the same product, the inflatable tire.”
Continued growth in the U.S. and Canadian markets will be the key for Hankook Tire Co. Ltd. to reach its self-imposed goal of being the industry’s fifth largest tire company by 2020. This is the message about 80 key distributors and dealers of Hankook-branded tires were told at the company’s annual Partner’s Day Meeting in Los Cabos, Mexico, last month.
As independent tire dealers battle the competition, they often search for the one thing that will help them stand out. At the 2017 K&M Tire Inc. annual dealer conference in Overland Park, Kan., the wholesaler provided a day-and-a-half event full of educational sessions to help dealers identify those opportunities.
Key distributors and dealers of Hankook-branded tires were on hand at the company’s annual Partner’s Day Meeting in Los Cabos, Mexico, to hear about the company’s progress toward its self-imposed goal of being the industry’s fifth largest tire company by 2020.
"Consistent. Stable. Dependable.” Those three little words detail the outlook and plan for Kumho Tire USA Inc. in 2017, said Jim Mayfield, executive vice president of sales and marketing.