Quantcast
Jump to content
  • Welcome to Auto Parts Forum

    Whether you are a veteran automotive parts guru or just someone looking for some quick auto parts advice, register today and start a new topic in our forum. Registration is free and you can even sign up with social network platforms such as Facebook, Twitter, Google, and LinkedIn. 

     

Amazon Auto Related Purchases up 16% YoY


partsman
 Share

Recommended Posts

According to the article below, Amazon's automotive related purchases are up big, trending at 16% YoY in 2017. The big 3 (Autozone, Advance, and O'Reilly) aren't enjoying increases like this and in some cases are barely making prior year sales with same stores. There is something to be said about eCommerce sales vs Brick 'n Mortar store sales and how there is a dynamic shift to online buying that's happening in the US driven by more and more people becoming accustomed to going online rather than running to the store these days.

Is Amazon hurting traditional retailers? I would think yes on their retail channel but not as much on the wholesale where service and delivery time are what accompany parts purchases. Amazon doesn't really have than figured out outside of the metro areas they are delivering same day and maybe they don't need to, because that carries costs in itself.  Check out the article: 

Shoppers Fuel Up on Automotive Accessories: The Amazon Effect

By Nathan Rigby|September 7th, 2017|Insights

The U.S. automotive market experienced a record year in 2016 with 17.55 million vehicles sold, putting an end to a decade of uncertainty and low sales. Even with all these new cars on the road, the average vehicle in the U.S. is at an all-time high of 11.5 years old and there are over 14 million cars on the road over the age of 25. With so many aging vehicles, the automotive aftermarket is thriving and has become one of the fastest-growing segment in online sales.

Enter Amazon. The eCommerce juggernaut is not new to automotive sales, having originally introduced auto parts to the platform back in 2006. Last year Amazon expanded its automotive arsenal by launching its own car research site and a parts marketplace, which allows shoppers to punch in their make and model to search for the correct parts. This and other conveniences reveal that the automotive aftermarket is not escaping Amazon’s notice and the impact of Amazon on the market is already disruptive.

 

The NumbersAmazon-US-Automotive-parts-sales-data

  • $277 billion: Total 2016 U.S. automotive aftermarket sales.
  • $2.4 billion: Amazon.com 2016 Automotive sales.
  • $1.4 billion: Amazon.com 2017 YTD Automotive sales.
  • 16%: YoY growth of Amazon.com Automotive sales.

*Figures reflect Amazon first-party sellers only

In 2017 so far, specialty auto parts companies such as O’Reilly Automotive, AutoZone and Advanced Auto Parts have underperformed in the stock market, according to Canton Rep, despite expectations to the contrary. This has caused many investors to reassess the market and look elsewhere for disruptors. After long overlooking its ability to compete in the automotive aftermarket, industry analysts are finally starting to recognize Amazon as a serious player.Amazon-automotive-parts-top-ASINS-sales

U.S. Top-selling Automotive Categories 2017 Q1 & Q2

Category Subcategory Sales
Truck Accessories   $185M
  Towing/Towing Accessories $70M
  Bedliners/Covers/Deflectors/Shields/Sun Protection $40M
Replacement Parts --
Underhood
  $165M
  Engine Management $50M
  Wiper Motors/Blades $25M
Automotive Equipment & Tools   $150M
  Battery & Electrical System Equipment $55M
  Paint/Body Tools & Equipment $20M
RV Parts & Accessories   $130M
  Appliances, Heating, A/C, Power, Electrical & Electronics $35M
  Fresh Water & Waste Water Systems $30M
Replacement Parts - Undercar   $130M
  Suspension/Chassis $45M
  Brakes $25M

Two major trends in automotive aftermarket sales are that owners of older cars exhibit desirable maintenance behaviors, while new car owners tend to invest in appearance products. With the fleet of vehicles on the road aging rapidly in the U.S., more and more car owners are turning to Amazon for their replacement parts, with Underhood and Undercar Replacement Parts generating nearly $300M in sales during the first two quarters of 2017 alone, a growth of 20% YoY.

Beating out both replacement parts categories is Truck Accessories with $185M. Sales are driven by Towing Accessories, making up over a third of the total category sales and responsible for the two top items: an electronic brake control from Tekonsha and a 9500lb capacity winch from Smittybilt. Growth in Truck Accessories is low, however, with most gains in the product group coming from appearance products such as Wheel & Tire Accessories (55%) and Appearance Chemicals (30%).Amazon-top-selling-items-data-for-US

U.S. Top Automotive Sellers 2017 Q1 & Q2

Title Category
Stanley Jump Starter with Compressor Automotive Equipment & Tools - Battery & Electrical System Equipment
Jump-N-Carry 12V Jump Starter Automotive Equipment & Tools - Battery & Electrical System Equipment
NOCO Genius Boost Plus UltraSafe Lithium Jump Starter Automotive Equipment & Tools - Battery & Electrical System Equipment
Tekonsha P3 Electronic Brake Control Truck Accessories - Towing/Towing Accessories
Optima Batteries BlueTop Starting and Deep Cycle Marine Undercar Performance Parts - Electrical & Rotating Electrical
Battery Tender Junior 12V Battery Charger Automotive Equipment & Tools - Battery & Electrical System Equipment
Smittybilt Winch - 9500lb Load Capacity Truck Accessories - Towing/Towing Accessories
Keeper Waterproof Roof Top Cargo Bag Truck Accessories - Cargo Management, Interior/Exterior
Furrion Wireless High-Speed RV Observation System RV Parts & Accessories - Appliances, Heating, A/C, Power, Electical & Electronics
X-Chock Wheel Stabilizer Pair - One Handle RV Parts & Accessories - Leveling, Towing & Stabilization

UK/France/Germany AutomotiveAmazon-Automotive-parts-international-revenue-analysis

In Europe, Amazon’s Automotive sales are driven by Equipment & Tools, the top category in both the UK and France and one of the top categories in Germany. In all three countries, Automotive Equipment & Tools is responsible for many of the best selling items in the first two quarters of 2017, with the top category item across the board being a car battery charger: a CTEK model in the UK and Germany and a Black & Decker model in France. The popular of Equipment & Tools, Car Care, and Wear & Tear parts across all countries indicates a rise in DIY car maintenance, with many hobby mechanics turning to Amazon for their tools and supplies.

 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

  • Similar Topics

    • By Motrparts.com
      We are exporters and distributors of auto parts based in India. We also sell parts in India through our online store www.motrparts.com. We export spare parts across the world for various car brands. We can supply genuine and OEM parts for Mahindra, Hyundai, Ford, Suzuki and Nissan vehicles. We also supply Brembo,Exedy,Valeo,LUK,Gabriel,NGK,KBX and Roulunds parts at a competitive price
       
      We will be happy to receive your enquiry for any spare parts and we shall give our best quote for the same. In case you wish to speak to us please do not hesitate to make a WhatsApp call on +91-8999911133 or +91-9840026346 or you may also send a WhatsApp message for quicker conversation.
       
       
    • By OEDRO
      OEDRO focus on excellent quality and dedicated service for years so as to bring you the best auto parts. We offer hundreds of parts and accessories, outstanding design, coupled with affordable price, our products ensure you have a safe journey. Our experts will help to equip your vehicle with the perfect car parts while adding coolness to your vehicle. Keep your car running in the best condition here. 
      Get 15% off code for all products😍OEDRO15
      Shop here
       
    • By VW Central
      It is essential for everyone who are looking to buy genuine quality auto parts aftermarket. there are  many online sites where you can buy auto parts but the question arises is that which one is the best and reliable to shop car auto parts . So i'm glad to inform you that there is a online platform where you can buy genuine and best quality auto parts for your car to enhance the performance of your vehicle and that platform is named as VW Central which is the Australia's most popular online auto parts store. So if you are struggling to looking for the best place where you can buy car auto parts for your vehicle then just go for it and order with confidence. For more details you can also go to the website by clicking on the link.
    • By RockAuto
      Get up to $150 back with qualifying Auto Meter purchases.
      View on RockAuto.com
    • Daily Steals Up To 95% Off
    • By APF
      DAYTONA BEACH, Fla. & RALEIGH, N.C.--(BUSINESS WIRE)--As NASCAR Weekly Series sanctioned events begin to return at select tracks across North America, NASCAR and Advance Auto Parts (NYSE: AAP), a leading automotive aftermarket parts provider, today announced a multiyear official partnership, designating Advance as the series entitlement sponsor. As part of the agreement, Advance also becomes the “Official Auto Parts Retailer of NASCAR.”
      "It's great to have Advance join us in welcoming the return of NASCAR-sanctioned grassroots racing," said Ben Kennedy, vice president, racing development, NASCAR. "Advance’s commitment to our Weekly Series will develop some of the brightest NASCAR talent across North America. Advance has a long history in racing, and we’re thrilled to see its expanded presence from the grassroots all the way through our national series.”
      The NASCAR Advance Auto Parts Weekly Series is one of the oldest series in NASCAR, where champions are crowned at NASCAR-sanctioned Home Tracks. The NASCAR Advance Auto Parts Weekly Series was paused in mid-March due to COVID-19 and recently returned with sanctioned events at select tracks beginning June 6.
      The series is run at nearly 60 NASCAR-sanctioned Home Tracks throughout the United States and Canada. NASCAR Home Tracks are a group of local short tracks sanctioned by NASCAR.
      “Drivers and race fans in North America have not been able to attend their local tracks due to COVID-19. We are excited to be partnering with NASCAR and the NASCAR Weekly Series to support tracks, drivers and fans as they resume live racing this year,” said Jason McDonell, Advance’s chief marketing officer. “We are committed to helping our customers advance in our stores, online and with this multiyear partnership with NASCAR. We are passionate about advancing local communities where we serve, and through this sponsorship we’ll be able to help grow racing at the grassroots level while supporting the next generation of champions.”
      Race fans can catch select NASCAR Advance Auto Parts Weekly Series races live and on-demand via TrackPass on NBC Sports Gold, the new streaming service from NASCAR and NBC Sports. NASCAR Advance Auto Parts Weekly Series races are part of the NASCAR Roots package for $2.99/month or $19.99/annually. The full TrackPass package, which includes NASCAR Roots, IMSA and American Flat Track events is available for $4.99/month or $44.99/year. TrackPass on NBC Sports Gold will be available on desktop web browsers and via the NBC Sports app on iOS and Android phones and tablets, Apple TV (Gen 4), Roku, Amazon Fire TV, AndroidTV, Xfinity X1, Xfinity Flex and Chromecast devices connected via HDMI.
      About NASCAR
      The National Association for Stock Car Auto Racing (NASCAR) is the sanctioning body for the No. 1 form of motorsports in the United States and owner of 16 of the nation’s major motorsports entertainment facilities. NASCAR consists of three national series (NASCAR Cup Series™, NASCAR Xfinity Series™, and NASCAR Gander RV & Outdoors Truck Series™), four regional series (ARCA Menards Series, ARCA Menards Series East & West and the NASCAR Whelen Modified Tour), one local grassroots series and three international series. The International Motor Sports Association™ (IMSA®) governs the IMSA WeatherTech SportsCar Championship™, the premier U.S. sports car series. NASCAR also owns Motor Racing Network, Racing Electronics, Americrown Service and ONE DAYTONA. Based in Daytona Beach, Florida, with offices in eight cities across North America, NASCAR sanctions more than visit www.NASCAR.com and www.IMSA.com, and follow NASCAR on Facebook, Twitter, Instagram, and Snapchat (‘NASCAR’).
      About Advance Auto Parts
      Advance Auto Parts, Inc., is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of April 18, 2020, Advance operated 4,843 stores and 168 Worldpac branches in the United States, Canada, Puerto Rico and the U.S. Virgin Islands. The Company also serves 1,258 independently owned Carquest branded stores across these locations in addition to Mexico, the Bahamas, Turks and Caicos and British Virgin Islands. Additional information about Advance, including employment opportunities, customer services and online shopping for parts, accessories, and other offerings can be found at www.AdvanceAutoParts.com.

      Contacts
      Investor Relations:
      Elisabeth Eisleben
      T: (919) 227-5466
      E: [email protected]
      Media Relations:
      Darryl Carr
      T: (984) 389-7207
      E: [email protected]
      Source: https://www.businesswire.com/news/home/20200610005058/en/
×
  • Create New...