How has the Consumer Changed Over the Years

 

Products (1950') ---> Produts & Services (1970's) ---> E-Commerce (2000's) ---> Direct to Consumer (Today)

 

In the Last 10 Years, The Top 8 Major Retailers Have Lost

$102 Billion in Market Value

 

When you compare the market value by retailer from 2006 to 2016 you will see that all major retailers (Sears, JCPenny, Nordstrom, Kohl's, Macys, Best Buy, Target) have all declined over 20% in the last decade. 

In the same timeframe, Amazon has increased by 1,934%

 

Reuters: Business & Financial News

Notes Amazon Focus on Automotive Segment 

 

“Monday January 23, 2017 “Amazon has struck supply contracts with some of the largest parts makers including

Federal-Mogul Holdings Corp FDML.O, Dorman Products Inc, Robert Bosch GmbH...”

...Shares of U.S. auto part retailers fell sharply on Monday following a report that Amazon.com Inc (AMZN.O) had set its sights on the $50 billion do-it-yourself after-market auto parts business.

 

...Amazon, the world's largest online merchant, is known for disrupting traditional brick-and-mortar businesses.”

-Rueters

 

 

 

 

ECommerce Growth

 

eCommerce aftermarket sales in 2017are projected to hit $8.4 billion, with approximate $1 billion increases each year. Online automotive sales are currently projectedto break $10 billion in 2019. Will you grab your share?