Manage episode 306956822 series 2929040
On this week’s episode of Grease the Wheels, we get into some of the astounding numbers of the automotive industry. Turns out there is a hell of a lot of money to be made in this industry, from the parts end to the wholesale end, to the retail end, to the service end. Everyone is trying to carve out their niche, but if they don’t have a good e-commerce game they are completely obsolete. Those numbers get even more insane when you look at dealership groups that own between 200-300 dealerships. The odds for financial success in this industry are actually fairly high, due to a myriad of market conditions- the biggest one being that no one is getting into this industry to replace the people leaving, so the people who can do it are going to go up in value. Bottom line, keep getting smarter, keep getting better, and keep making yourself more valuable- because we have something that is going to blow your mind. An e-commerce marketplace to sell your services as a mechanic.
Also Uncle Jimmy gives his spin on “Death of (all) Salesmen” and references his favorite movie.
This episode is distributed by The Wrenching Network. Whether you're a technician, a mechanic, or someone who just loves the car scene, The Wrenching Network is a place that you have to check out. They have all sorts of great content, gear, and snacks to keep you turning wrenches in whatever capacity you do it. Also if you see us over there, make sure you say hi and leave a comment with what you think about the episode!