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Remarkable Results Radio Podcast - Carm Capriotto, AAP EPISODE 219, 15th April 2021
Tires as a Profit Center [THA 219]
00:00:00 00:37:28

Tires as a Profit Center [THA 219]

https://www.youtube.com/watch?v=p8wpfQsyk18

Mike Gorton, Evans Automotive, Pensacola, FL

Darin Ode, Ode Auto Repair and Tire, Warren, MI- Darin's goal is to build a successful repair facility built on compassion for customers and employees by treating them like family. He plans on passing his company to its 3rd generation, his stepson Armando. Darin started working in the family business when he was 14 years old.

Chris Cotton, Auto Fix SOS, Business Coach- Chris Cotton has been in the customer service industry for over 40 years and has been in the auto repair industry for over 25 years. He is a former shop owner that has dedicated his life to helping YOU to get your business where you want it to be and helping you FOCUS on the things that matter to you. Find Chris’ previous episodes HERE.

 

Key Talking Points

  • Tires-33% of the tires coming through your shops need to be replaced
  • Keep the customer in your shop and doing business with you
  • Marketing- advertising on all platforms
  • Communication- ask the customer about their vehicle needs
  • Shop competition and keep their websites queued on the computer for comparative to gain trusts of new customers
  • Margins
  • Tire matrix- mounting/balancing, road hazard
  • Price everything upfront
  • Starting tire program
  • Focus on your customers first then build on that
  • Process- identifying tires that need to be replaced, DVI, lean on technology to scan tires (tread depth/rotation/alignment) Tool- Tire Profiles about 3K to purchase and will print out a detailed rundown of each tire scanned
  • Road hazard package- 15% off tire purchase is the cost of warranty A small percentage of comebacks- only around 3% of road hazard income is used to support the program
  • Make tire wholesalers compete with each other to find a supplier
  • Product knowledge to educate customers about the tires, banners/marketing tools, rebates
  • Seamless communication with customer with their tire experience and an update if the tire fits their needs
  • A special thanks to Mike Gorton, Darin Ode and Chris Cotton for their contribution to the aftermarket.
  • Books Page HERE
  • Listen to all Remarkable Results RadioFor The Record and Town Hall Academy episodes.

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