The holiday season is sneaking up on us fast, which means that it’s time for the major sales event of the year, Black Friday. Black Friday is the most anticipated sales event by both retailers and consumers. It’s become so popular that it’s begun to extend beyond a...
Carrying obsolete parts in the parts department can quietly eat away at profits and easily balloon out of control over time. Obsolete parts that sit on the shelves can be a problem when trying to control cash flow since you essentially have cash tied up in inventory...
Parts departments dealing with high obsolescence need tools and tactics to help them reduce obsolescence fast while preventing it from building up in the future. Recently, we sat down and talked to Kaylie Felio from Parts Edge about the best strategies for managing...
Marketing can be a challenge, but it’s crucial to the success of any business. Not only do you need marketing to maximize success, but you need to be using the right marketing. While most dealers implement marketing to drive business to their dealership, having...
Generating enough revenue in the parts department isn’t just a matter of finding new customers to sell to. Repeat buyers are the real money-makers when selling parts, which is why it’s important for your parts department to set customer retention goals. What is...
Today’s parts buyers are not the same as they were 20 years ago. Customers are better informed when it comes to their buying options. As a result, consumer values vary among different types of people. Traditional sales techniques don’t have the same impact they used...
![[WEBINAR] Strategies for Managing and Preventing Obsolescence](https://www.revolutionparts.com/wp-content/uploads/obsolescence-in-the-parts-department-blog.png)
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