Name
Second Line Parts Strategies 
Date & Time
Tuesday, April 23, 2024, 1:00 PM - 2:15 PM
Session Type
Breakout Session
Track
Customer-Centric Growth
Description

Europe’s aftermarket parts market underwent an explosion of “alternative offerings” for parts in the last five years. Multiple OEMs launched or expanded their second line parts offerings (generally a similar part with slightly lower durability and warranty). Dealer groups also added their own private-label parts offerings, in part to increase their margin and to supplement an OEM’s second line parts offerings. This is a case, however, where the market in the US lags behind that in Europe, with less-developed second lines and far fewer dealer private-label offerings available. This session will showcase a few NAPB OEMs who have had a second line parts offering for many years, providing an opportunity for others to learn from these industry leaders. In turn, these industry leaders will have a chance to hear from one another on key challenges and successes through the years. The panel discussion will cover:  

·         Reasons OEMs are turning to second line parts rather than other strategies to expand their reach 

·         Drawbacks and challenges encountered in developing and maintaining a successful second line 

·         Strategic decisions in positioning OEM second lines 

·         Outcomes of existing second line parts programs and how to measure success

Korin Hasegawa-John
Delivery Method
Available In-Person, Available Digitally