Are you planning to start a new business? No idea or can't decide what to start?
Offering customers better value, faster delivery, a larger range, better quality or specialist products that are difficult to obtain elsewhere can help you to build stronger, long-term customer relationships. To grow your business, you need to identify prospects that need the type of products and quality of service you are offering and communicate the benefits clearly.
Stand Out Differentiate your business by offering quality spare parts with long guarantees. Promote the importance of quality parts, compared to low-cost alternatives that may fail early and cause safety problems.
Look for Prospects Identify prospects for your business. Target high-volume customers such as service and repair companies, independent service technicians and fleet operators. Set up a wholesaling operation to supply retail outlets that sell spare parts.
Review opportunities to supply specialist parts for older products that are not generally available, such as spares for vintage cars.
Make it Easy Make it convenient for customers to order and buy from you. Set up a website with catalog pages of your products and a facility for ordering online. Provide large customers with customized web pages or printed catalogs that show the products they order frequently from you.
Set up a hour telephone answering service for customers to place urgent orders outside your normal business hours.
Be Flexible Offer customers a range of delivery options to improve convenience. Provide service and repair customers with an express delivery or collection service for urgent repairs.
Introduce a same day delivery service for customers who place orders before a certain time, say 3: Provide a special collection point on your premises for customers who order online or by telephone. Cater to Large Customers Provide large customers with a stock management service.
Analyze their stock purchases and identify usage patterns. Offer a stock top-up service that ensures customers always have the right level of stock level for regularly used parts.
Provide a scheduled delivery service for lower-volume parts. Include reports on stock usage as part of your management service. Promote Increase short-term sales by running promotions on popular, high-volume parts such as car-servicing kits that include filters, spark plugs and oil at a promotional price.
Offer discounts on seasonal products such as antifreeze and windshield wipers for winter driving.
Set up incentive schemes for regular customers to encourage repeat sales by offering rewards for customers who exceed a purchase target that you set. He holds a Bachelor of Arts in history and economics from Bristol University.Aug 22, · In this post I will guide you on how to start and what you need to know about motorcycle parts and accessories business.
There are four important things to consider when starting a motorcycle parts and accessories business. A businessperson interested in motorcycle spare parts business needs to have adequate finance.
The money is needed for a store or warehouse, and spare parts. He should consider insurance, marketing and proper location. Aug 18, · Re: Motorcycle parts and accessories «Reply #8 on: Dec 06, , PM» i think in my estimate k is just enough to put up a motorcycle spare parts business but if you plan to include accessories medyo kakapusin ka.
sa dami ba naman ng motorcycle at model na nasa market. Utah Motorsports Park Confidential Page 1 6/18/ SECTION I – Executive Summary Today one of the fastest growing sectors of the motoring, or moto, industry is the Track Day. Automobile and motorcycle enthusiasts are taking to the nation’s speedways and race tracks in.
Capture the majority of the used motorcycle business in the Montclair.
Offer our customers a superior service, at a low price. Mission. The mission of Recycled Riding Dreams is to become the primary resource for used motorcycle parts in Montclair.
Keys to Success. The keys to success for Recycled Riding Dreams are: Customer referrals/5(13). Aug 17, · Set up a detailed business plan for your motorcycle business. This plan lays out your business goals and the measures you plan to take to meet them.
You can add whatever information you feel is necessary to your business plan, as long as it relate to the business, such as objectives, steps involved, timeframe and finances.
Oftentimes you need a business plan in order to apply for financing%().