New Data from Agility Metrics Reveals Factors That Influence Purchasing Behaviors in the Automotive Aftermarket - aftermarketNews

New Data from Agility Metrics Reveals Factors That Influence Purchasing Behaviors in the Automotive Aftermarket

Report finds that positive customer experiences influence the majority of purchasing decisions in the automotive aftermarket. Positive customer experiences are the No. 1 driver of both new and repeat business in the automotive aftermarket, influencing as many as 80 percent of all customer purchasing decisions.

MONTREAL, Quebec — Agility Metrics this week released the results of a recent study of the factors that influence purchasing behavior in the automotive aftermarket. The company said the report’s key finding was that positive customer experiences are the No. 1 driver of both new and repeat business in the automotive aftermarket, influencing as many as 80 percent of all customer purchasing decisions.

Agility Metrics analyzed customer feedback data from more than 8,000 customer visits to more than 120 North American service centers and parts stores. Respondents were asked to indicate which factors most influenced them to purchase car parts or services from aftermarket retailers and car repair centers. Sixty percent of respondents indicated that they purchased car parts or services as a direct result of a past positive customer experience. A further 20 percent of respondents indicated that they purchased car parts or services after hearing about the great experience had by a friend, colleague or family member.
 
Positive customer experiences, therefore, drove sizable amounts of revenue in two different ways, the company noted — directly, when a great experience or series of experiences motivated a customer to return and purchase from the brand; and indirectly, when a great experience caused someone to praise the brand and the viral impact of that endorsement drove friends, colleagues or family members to shop or service their cars at a particular location.

To download a copy of the full report, entitled "The ROI of Great Customer Experiences," click here.

Customer feedback management company Agility Metrics serves leading automotive aftermarket brands in helping them manage customer experiences in thousands of parts stores and service centers across North America.

You May Also Like

AAM’s Next-Gen Electric Drive Systems on Display at CES

Among the products showcased at CES will be AAM’s electric drive units, e-Beam technology and component technology.

AAM's Next Gen Electric Drive Systems on Display at CES 2024

American Axle & Manufacturing announced it will have its technology on display at the 2024 Consumer Electronics Show, Jan. 9-12, 2024, in Las Vegas.

"CES is the premier event to showcase the full breadth and depth of our innovative solutions and tell our story to a broad range of partners," said David C. Dauch, AAM chairman and chief executive officer. "AAM continues to support a rapidly changing global auto industry by expanding our electrification platforms for any type of vehicle. This includes performance sedans, SUVs, light- and heavy-duty trucks and skateboards, empowering OEMs to create cleaner and more efficient vehicles."

Shop-Ware Partners with Amazing 7 on Phone Integration

The integration allows repair shop staff members to gain valuable context to incoming phone calls and respond to customers accordingly.

Shop-Ware-Amazing-7-phone-integration
Continental, Synopsys Team Up on Automotive Software Development

The collaboration aims to accelerate the development and validation of software features and applications for the Software-Defined Vehicle.

Epicor Unveils Digital Cataloging, Future Plans

The new catalogs use Epicor-validated, ACES-compliant data and an “Intelligent Search” feature to find the right part quickly.

Epicor digital catalog
Epicor Launches Automotive B2B eCommerce Platform

The Epicor Commerce for Automotive platform features multi-seller support and parts lookups for distributors and their customers.

Epicor commerce for Automotive

Other Posts

Marelli Launches Fuel System for Hydrogen Propulsion Systems

Marelli will present a variety of new technology at the CTI Symposium in Germany, Dec. 5-6.

The Automotive Aftermarket’s Role in a Circular Economy 

Take a deep dive into the factors driving the automotive aftermarket toward a more circular economy.

Circular economy
AI in the Aftermarket: Endless Applications Yet Hurdles Remain

The automotive aftermarket is delving into AI and ways it can help businesses be more productive and effective.

Intellias to Showcase HMI, ADAS and More at CES 2024

The company also will unveil the next generation of its IntelliKit, a portable fully-integrated digital cockpit.