Market Monitoring Solution Helps an Automotive Collision Repair Market Client Generate Huge Savings and Reduce Operating Costs | Infiniti’s Recent Successful Client Engagement
LONDON--(BUSINESS WIRE)--Sep 22, 2020--
The increasing demand for personal mobility, rising number of vehicles on the road, and a wide range of models and features available in the automotive industry are expected to propel growth in the automotive collision repair market. However, consumers are demanding lower prices. What does this imply for the automotive collision repair market? Leading players have begun the search for ways to reduce costs and increase productivity. As the industry grows and technological advancements continue, companies need to keep pace with the dynamic market. Infiniti’s market monitoring solutions help automotive collision repair technicians analyze the market, identify ways to reduce costs and understand the technological advancements in the market. To leverage Infiniti’s market monitoring solutions for comprehensive insights into changing technologies and customer demands, request a free proposal.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200922005675/en/
Market Monitoring Analysis for an Automotive Collision Repair Market Client (Graphic: Business Wire)
“Rising demand for vehicles in the Canadian automotive market owing to shifting preferences towards personal mobility is expected to escalate the automotive collision repair market share further,” says an automotive industry expert at Infiniti Research.
The client, an automotive collision repair technician, based out of North America, was facing challenges meeting the growing demands of customers and the regulatory demand for various safety features. The client also struggled with the lack of capital necessary to invest in the tools and training required due to the increasing complexity of vehicles every year. The automotive collision repair market client also noted increasing investments in cost-effective technologies and sought to keep pace with new materials and technologies gaining popularity in the market. Therefore, the client chose to partner with Infiniti Research to leverage our expertise in offering market monitoring analysis. During the nine-week engagement, the client also wanted to negotiate terms and prices with suppliers, streamline logistics, and identify the latest technologies in the market.
To assist the automotive collision repair market client, Infiniti’s market monitoring experts developed a comprehensive approach that included the following:
- 200+ semi-structured interviews with automotive collision repair market experts and detailed secondary research through 750+ sources for target market landscaping
- Creating a market forecast and opportunity model to recommend critical success factors for business growth and expansion
- Exploring the automotive collision repair market in their region, covering market values, trends, and competitive landscape
- Providing a detailed report of the capital requirement for implementing new technologies and processes and a comprehensive list of the client’s key competitors and their market share
- Exploring the cost reduction processes leveraged by top automotive collisions repair companies in their region
Speak to industry experts to gain a more comprehensive understanding of how our market monitoring solutions help automotive collision repair market clients keep pace with the evolving industry.
With Infiniti’s market monitoring analysis solution, the automotive collision repair market client gained a comprehensive understanding of regulatory demand and identified customers’ needs. The client successfully evaluated the capital necessary to support the significant investment in training and new tools and could keep pace with the latest technologies and processes in the automotive collision repair market. Additionally, they developed better strategies to suit customers’ choices and preferences by analyzing competitors’ offerings, business strategies, and market position. The client focused on improving production models and maximizing market share. The client also invested in modern ERP systems, devised a sound contract negotiation strategy, consequently increasing efficiency and reducing costs.
By leveraging Infiniti’s market monitoring analysis solution, the automotive collision repair market client was able to:
- Reduced inventory costs and better-managed supply chain operations. To find out how read the complete article
- Reduced operating costs by 30%
- Generated over $4.8 million in savings
About Infiniti Research
Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to analyze competitive activity, see beyond market disruptions and develop intelligent business strategies. To know more, visit: https://www.infinitiresearch.com/about-us
View source version on businesswire.com:https://www.businesswire.com/news/home/20200922005675/en/
CONTACT: Infiniti Research
US: +1 844 778 0600
UK: +44 203 893 3400
INDUSTRY KEYWORD: GENERAL AUTOMOTIVE MARKETING COMMUNICATIONS AUTOMOTIVE
SOURCE: Infiniti Research
Copyright Business Wire 2020.
PUB: 09/22/2020 10:00 AM/DISC: 09/22/2020 10:01 AM