Automotive Market Data Launches First-Ever Digital Retail Database for Dealers, Investors and Sellers

0


ATLANTA, December 1, 2021 / PRNewswire-PRWeb / – The Automotive Market Data team, led by industry veterans Brian reed, Steve greenfield, Andrew Gordon and Pete Batten, today announced it has launched the first-ever digital retail market share database to educate dealers, investors and sellers, in real time, about the automotive digital retail landscape .

Specifically, the database evaluates more than 35 digital retailers, every day, on roughly 18,000 U.S. auto dealership websites to identify the best digital retailers among car dealerships, leading digital retailers by brand, and leading technology providers. in the automotive space, as well as retail trends and emerging technologies.

“The hyper-accelerated adoption pandemic of digital automotive retail, which has created a need for comprehensive and up-to-date information to help industry professionals make very informed decisions,” said Brian reed, industrial advisor at Automotive Ventures and partner at Automotive Market Data. “More than ever, dealers need to know which digital retail tools to use, investors need to know where to put their money and sellers need to know how they stack up against the competition. We provide answers to these questions and more.

A sample list of independent third-party reports provided by Automotive Market Data includes, but is not limited to, the following.

Digital retailer growth rate, churn rate and market penetration.

The digital retail tool (s) that are currently in use or have just been added to particular dealer websites.

The number of resellers of digital retailers changes over specified time periods and in specific geographic regions.

Digital retailer market share by automaker.

Longevity of reseller and / or manufacturer customers among digital retailers.

Fully customizable reports.

The Automotive Market Data team also provides the industry with dealer contact information, vehicle specific data, new and used vehicle market prices, cost of ownership information, and service history reports. vehicles. When needed, they provide personalized analysis on demand based on business goals and objectives.

“Despite its importance, a complete picture of the digital retail landscape did not exist until now,” said Steve greenfield, Founder and CEO of Automotive Ventures and Partner of Automotive Market Data. “Historically, it has been nearly impossible to identify leading digital retailers by dealer and OEM market share, but information like this is extremely useful for industry professionals looking to ahead and stay on the technology curve. That’s exactly why we created the Digital Retail Market Share Database. ”

Automotive Market Data is a collaboration of seasoned automotive industry professionals who have held various managerial and entrepreneurial positions throughout their careers.

Brian reed, Consultant at Automotive Ventures and Partner at Automotive Market Data, spent 18 years at Daimler-Benz before becoming President of PeopleFirst.com, acquired by CapitalOne. He was also the founder and CEO of F&I Express, acquired by Cox Automotive.

Steve greenfield, founder and CEO of Automotive Ventures and partner Automotive Market Data, served as senior vice president of strategy and business development at TrueCar and vice president of product management and business development at AutoTrader.com, overseeing vAuto acquisitions, Kelley Blue Book, HomeNet Automotive, VinSolutions and DealerScience.

Andrew Gordon, Advisor at Automotive Ventures and Partner at Automotive Market Data, is a third generation Honda dealer. He was the founder and CEO of DealerScience, which was acquired by TrueCar in 2018.

Pete Batten is a Retail Technology and Data Advisor with over 20 years of vehicle retail experience who has served as Managing Director of several automotive software brands including Cox Automotive Digital Retail, Chrome Data, and Automotive Lease Guide . Pete was also a Product Manager at LeadVenture.

To download a copy of Automotive Market Data’s white paper, “Digital Retailing: The Missing Piece of the Data Puzzle”, visit http://www.automotivemarketdata.com/resources.

To learn more about the insights that automotive market data offers to the industry, visit http://www.automotivemarketdata.com.

# # # # #

About Automotive Market Data

Automotive Market Data is a collaboration of seasoned automotive industry professionals led by Brian reed, Steve greenfield, Andrew Gordon and Pete Batten, who have held various managerial and entrepreneurial positions throughout their careers. The team publishes automotive market insights backed by accurate and up-to-date data to help dealers, OEMs, investors and suppliers make highly informed business decisions.

The team’s latest addition, the Digital Retail Market Share Database, evaluates more than 35 digital retailers on approximately 18,000 U.S. car dealership websites every day, to identify the best retailers. among auto dealers, brand-leading digital retailers and leading technology providers in the automotive space, as well as unique digital retail trends and emerging technologies.

Media contact

Jennifer lange, Automotive companies, +1 (949) 460-3408, [email protected]

SOURCE Automotive market data


Share.

Comments are closed.