Selling tires online is a growing trend, with more online-only players making names for themselves each year. The relative newcomers compete against not only brick-and-mortar retailers, but also each other, and cannibalize sales from leading online tire companies like the Tire Rack Inc. and Discount Tire Direct.
Their growth, at least compared to buying consumer goods online like books, apparel and electronics, is limited because tires need to be installed, something that requires a trip to an established retail location. That changes the whole dynamic of wanting to purchase online.
However, that doesn’t mean the growth isn’t significant.
In 2016, 6% of the replacement consumer tires in the U.S. were sold online. That number rose to 7%, or 16.7 million tires, in 2017.
In order to understand what motivates people who buy tires online, Modern Tire Dealer surveyed two specific groups of consumers.
The first group was made up of people who had bought tires online; the second group — a much smaller sample size — was made up of people who had bought tires at physical retail locations.
With 79% of the respondents to MTD’s Online Sales Research Study of Consumers having purchased tires online in the last 18 months, we had the statistical validity to determine what drives their attitudes, behavior and expectations regarding online tire sales. — Bob Ulrich
Until daily life came to a near standstill to help stop the spread of COVID-19, many of the nation’s top retreaders were optimistic for 2020. Here's what they were up to.
These are interesting times. This aptly sums up the state of the North American tire industry at the dealer, wholesale distribution and manufacturer levels. Here is MTD's exclusive industry snapshot.
Original equipment and replacement farm and agricultural tire market shares for 2019.
Southern Tire Mart, Best-One Tire Group and Snider Fleet Solutions lead Modern Tire Dealer's 2019 rankings of the top 25 independent commercial tire dealers in the U.S. Find out who else made the 2019 list.
From Discount Tire with 1,033 locations to Jack’s Tire & Oil with 12 stores, Modern Tire Dealer ranks the top 100 independent tire dealers in the U.S. by number of retail, commercial and combination commercial/retail outlets. MTD's exclusive list also shows wholesale outlets and the tire brands sold by each dealer. The 2019 Modern Tire Dealer 100 concludes with a look at mass merchandisers, warehouse clubs and other channels for selling tires.
Modern Tire Dealer ranks the top 100 retreaders in the U.S. based on the average amount of tread rubber used. Get the metrics for the nation’s top retreaders: number of shops, process, and number and type of retreads produced per day.
A record 214.3 million domestically produced and imported passenger tires were shipped in the U.S. in 2018. That’s nearly 30 million more than 10 years ago! Here's the data.
2018 U.S. OE and Replacement Farm Tire Market Shares
McCarthy Tire Service Inc. holds the No. 7 spot on MTD's Top 25 Commercial Tire Dealers chart. The company cites employee recruitment and retention as a significant headwind. But the Wilkes-Barre, Pa.-based company continues to grow, adding outlets in Mount Joy, Pa., Philadelphia, Pa., and Albany, N.Y. In Horseheads, N.Y., the company moved commercial truck operations to a new facility less than a mile away and renovated an existing building into a retread plant. Read on to find out who made the list.
Many dealerships on the 2018 Modern Tire Dealer 100 are investing in brick-and-mortar locations to create a larger geographic footprint. The owners feel it is essential to compete against online sales, shrinking tire margins and a tight labor market. See who made the list of the top 100 independent tire dealers in the U.S.
How to Read a Tire Sidewall -- 2018 Performance Handbook