Private Label/Store Brand Parts Purchasing by Independent Auto Repair Shops
Over the past two years, independent automotive repair shops have reported that they’ve increased their purchases of private label/store brand parts. In 2018, when asked if they had increased their purchases of private label/store brand parts over the past two years, only 33.4% of shops said they had. Now, 65.8% of shops said they had increased their purchases of private label/store brand parts.
Independent auto repair shops expect to increase their purchases of private label/store brand parts as well. Over the next year, 68.0% of shops state they plan to increase their purchases of these parts.
Historically, reasons for increasing purchases of private label/store brand parts revolved around ‘lower prices’, ‘immediately available/easier to get’, and ‘quality is equal or better than OEM parts’. However, the pandemic has changed that dynamic. Now, ‘customers trying to save money due to pandemic uncertainty’ (33.9%) has far exceeded any other reason for a repair shop’s intended increase of private label/store brand parts.
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