If you’re looking to start your own online auto parts sales business, you’re in luck! This guide will teach you everything you need to know about this growing industry. The first thing we’ll do is discuss the benefits of starting an online automotive aftermarket business.
After that, we’ll compare an online store to a brick-and-mortar one. Next, we’ll talk about whether selling car parts and accessories online is profitable. Finally, we’ll list which eCommerce platforms are best for selling automotive aftermarket products and components.
What You Need To Know About The Online Aftermarket Auto Sector
The global automotive eCommerce market is predicted to explode in growth, ballooning from $75.28 billion in 2022 to a staggering $213.08 billion by 2029. This represents an annual growth rate of 16.02% during the forecast period – far outpacing many other industries.
The business-to-consumer (B2C) segment in the e-commerce automotive aftermarket is expected to grow to USD 120 billion by 2030. This growth will be driven by an increasing preference for online shopping of automobile parts.
Factors like the availability of affordable auto parts on these platforms compared to brick-and-mortar stores will propel the segment’s potential. Some of the factors that will strengthen B2C aftermarket sales include the development of technologically advanced products, faster troubleshooting of customer queries, and affordable pricing models.
One of the best pieces of advice when starting a new business is to do so in a growing industry sector. Based on this information, it’s safe to say that the automotive aftermarket sector is a great place to start a new business venture.
Why Starting an Online Auto Parts Store Is a Great Idea
There are many reasons why starting an online auto parts store is a great idea.
- First, it’s a growing industry with lots of growth potential.
- Second, starting an online store is much easier and less expensive than starting a brick-and-mortar store.
- Third, you can reach a global audience with an online store – something that’s not possible with a brick-and-mortar store.
- Fourth, selling auto parts and accessories online is a very profitable business.
- Last but not least, there are many great eCommerce platforms available that make starting an online store very easy.
So, starting an online auto parts store is a great option if you’re considering starting your own automotive aftermarket business.
Comparison: Online Auto Parts Store vs Brick-and-Mortar Store
Now that we’ve talked about the benefits of starting an online auto parts store, let’s compare it to a brick-and-mortar store. There are both advantages and disadvantages to starting either type of business.
Creating an online store is generally less expensive than starting a brick-and-mortar store. This is because you don’t have to pay for things like rent, utilities, and employees. Additionally, starting an online store is much easier than starting a brick-and-mortar store. You don’t need to worry about things like inventory management and supply chain logistics.
However, there are also some disadvantages to starting an online store. The biggest drawback is that you won’t have the same personal interaction with your customers as you would with a brick-and-mortar store. Additionally, it can be difficult to stand out in the crowded online marketplace.
Overall, starting an online auto parts store is a great option because it’s less expensive and easier than starting a brick-and-mortar store. However, you should be aware of the disadvantages before starting your business.
How Much Money Can You Make Selling Auto Parts Online?
The short answer is that you can make a lot of money selling auto parts online. The automotive aftermarket sector is a very profitable industry, and there are many opportunities to make money.
One way to make money selling auto parts online is to sell products that are in high demand. Some of the most popular auto parts and accessories include tires, wheels, engine parts, and interior accessories. If you can find a niche market and offer products that are in high demand, you’ll be able to make a lot of money.
Another way to make money selling car parts online is to offer products that are not available in brick-and-mortar stores. This cannot be easy to do if you’re starting from scratch, but if you have access to rare or hard-to-find parts, you’ll be able to sell them for a high price.
Lastly, you can also make money by selling products that are not available in your country. For example, if you live in the United States, you can sell parts and accessories to customers in other countries. This is a great way to reach a global audience and make a lot of money.
Overall, average monthly earnings for car part retailers fall between $500 and 50,000. This number depends on the kind of auto parts sold, available selling platforms, as well how good you are at marketing your company.
You can earn supplemental income when you sell car parts and accessories online via Amazon or eBay marketplaces. These websites provide plenty of helpful resources if you’re just starting out as a seller. Having a large audience of potential customers is one advantage of using these platforms.
Which Platform Is Best For Online Auto Part Sales?
There are many great eCommerce platforms available that make starting an online store very easy. However, not all platforms are created equal. Some platforms are better for selling auto parts and accessories than others.
- Amazon: The best platform for selling auto parts and accessories is Amazon. Amazon is the largest eCommerce platform in the world, and it has a huge audience of potential customers. Also, Amazon is very easy to use and offers many resources to help you get started.
- eBay Motors: Another great option for selling auto parts and accessories is eBay Motors. eBay Motors is a great platform because it’s specifically designed for selling automotive products. Additionally, eBay Motors has a large audience of potential customers, particularly classic car enthusiasts.
- Walmart Marketplace: Walmart Marketplace is another great option for selling discount auto parts and accessories. Walmart is a trusted brand, and it has a large audience of potential customers who buy auto parts regularly at a low price. Additionally, Walmart offers a lot of resources to help you get started.
- Your Own eCommerce Website: The last option is to create your own eCommerce website. This option is great because you’ll have complete control over your store. Additionally, you can reach a global audience with your own website. However, this option requires more work than the other options because you’ll need to create and design your own website.
What Car Parts Sell The Most Online?
Before selling car parts online, it’s important for business owners to be aware of the different types of auto parts and accessories, as well as how they’re classified. For starters, car parts and accessories can be divided based on the manufacturer.
- Original Equipment Manufacturer (OEM): OEM parts are those that are made by the same company that made the car. For example, if you have a Land Rover, the OEM parts would be made by Land Rover.
- Aftermarket: Aftermarket auto parts are made by a different company than the one that made the car. For example, if you have a classic car like a Land Rover, the aftermarket parts would be made by a company other than Land Rover.
There are also two different types of aftermarket parts:
- Performance Parts: Performance parts are designed to improve the performance of the car. For example, if you want to make your car go faster, you would buy a performance part like better air intakes, fuel injection system, intake manifolds, filter mounts, oil pumps, and more.
- Replacement Parts: Replacement parts are designed to replace a part that is broken or worn out. For example, if your car’s engine dies, you would buy replacement head gaskets, serpentine belts, water pump, timing belt, etc.
Now that you know the different types of parts, it’s time to learn about which parts sell the most online. The most popular types of auto parts and accessories include:
- Tires: Tires are one of the most popular types of auto parts because they’re essential for safe driving. Tires also have a high-profit margin, so they’re a great option for sellers.
- Brakes: Brakes are another popular type of auto part because they’re essential for safe driving.
- Batteries: Batteries are another popular type of auto part because they’re essential for starting the car.
- Oil Filters: Oil filters are popular because they need to be replaced frequently.
- Spark Plugs: Spark plugs are popular because they’re essential for starting the car.
- Wheels: Wheels are popular because they can be used to customize the look of the car.
- Exhaust Systems: Exhaust systems are popular because they can be used to customize the sound of the car.
- Body Parts: Body parts are popular because they can be used to customize the look of the car.
- Interior Parts: Interior parts are popular because they can be used to customize the look of the car.
- Engine Parts: Engine parts are popular because they can be used to improve the performance of the car.
- Suspension Parts: Suspension parts like a sway bar or suspension kits are popular because they can improve the car’s performance.
- Transmission Filter Parts: Transmission filter parts are popular because they can be used to improve the performance of the car.
- Exterior Parts: Exterior parts are popular because they can be used to customize the look of the car.
- Lighting: Lighting is popular because it can be used to customize the look of the car.
- Electrical: Electrical parts are popular because they’re essential for starting the car.
- Tools: Tools are popular because they’re essential for maintaining the car.
- Safety Equipment: Safety equipment is popular because it’s essential for safe driving.
As you can see, there are a variety of different types of auto parts and accessories that sell well online. To find the best-selling parts for your business, it’s important to consider your target market and what type of parts they’re looking for.
For example, if you’re targeting racing enthusiasts, you’ll want to focus on selling performance parts. If you’re targeting car owners who are looking to save money, you’ll want to focus on selling replacement parts.
Once you’ve decided which type of parts you’re going to sell, it’s time to choose an eCommerce platform. The three most popular eCommerce platforms for selling auto parts and accessories are Amazon, eBay Motors, and Walmart Marketplace.
What Auto Parts Sell The Most On Amazon?
Amazon is the largest eCommerce platform in the world, so it’s no surprise that it’s also one of the best platforms for selling auto parts and accessories. The most popular types of auto parts and accessories on Amazon include:
- Car care and maintenance: This includes items like car wax, wheel bearings, polishes, cleaners, manuals and literature, and more.
- Exterior accessories: This includes items like lighting products, car covers, and mud flaps.
- Interior accessories: This includes items like seat covers, steering wheel covers, floor mats, and sunshades.
- Engine parts: This includes items like a catalytic converter, air filter, fuel pump, oil filters, oil pan, battery accessories, head gaskets, master cylinder, drive belts, fuel injector, spark plugs, throttle bodies, and air filter.
Amazon has a broad reach and appeals to customers from all walks of life, making it an ideal platform for selling auto parts. As you can see, there is significant demand for auto parts on Amazon.
What Auto Parts Sell Best On eBay Motors?
eBay Motors is a go-to marketplace for motorists to sell and purchase harder-to-find car parts and devices. Because of the site’s specialization, users visit eBay Motors with more interest in purchasing vehicle parts than they might on other websites. If you have specialty or performance car parts like racing seats, suspension kits, unique rims, or aftermarket air filters–eBay Motors offers motoring enthusiasts an eager audience!
Some of the most popular categories for selling auto parts on eBay include:
- Aftermarket accessories: This includes items like keyless entry fobs, tail lights, filter mounts, oxygen sensors, steering components, led lights, jump batteries, body kits, dash kits, spoilers, brake pads, and window tints.
- Performance parts: This includes items like throttle bodies, performance chips and programmers, steering components, oxygen sensors, cold air intakes, shocks and struts, brake pad and discs, exhaust systems, catalytic converters, drive belts, shocks and struts, fuel pumps, and suspension components.
- Racing parts: This includes items like racing seats, roll cages, and fire extinguishers.
eBay Motors is an excellent place to list and sell car parts and accessories that are more niche. If you want a marketplace with buyers who are interested in vehicle upgrades, eBay Motors should be your go-to.
What Car Parts Sell Most On Walmart Marketplace?
You’re in luck if you sell car parts and accessories that are either common or mass-produced because Walmart Marketplace is the perfect place for them. Customers who come to Walmart tend to be looking for items that are widely available and not too difficult to find, which makes it a great platform on which to sell oil filters, wheel bearings, air filters, air intakes, wiper blades, serpentine belts, fuel injector systems, cooling system, etc.
Here’s a look at some of the most popular categories on Walmart Marketplace:
- Oil filters: This includes items like engine oil filters, oil pans, oil pumps, transmission oil filters, and cabin air filters.
- Air filters: This includes items like engine air filters, cabin air filters, and cold air intakes.
- Wiper blades: This includes items like windshield wiper blades, rear wiper blades, and wiper arm assemblies.
Walmart Marketplace is a great choice if you want to reach a large number of potential customers and sell items that are easily accessible.
What Auto Parts To Sell On Your Own Auto Parts eCommerce Website?
If you’re looking to construct your own eCommerce website, be mindful of a few elements. First, decide on a platform or CMS (Content Management System) that suits you best. Second, pick out a domain name and hosting plan. Lastly, zero in on what auto parts and accessories you want to sell through your site.
If you want the freedom to sell any auto parts and accessories on your own website, eCommerce is the platform for you. Keep in mind, though, that more work will be required from you to market your site and bring in customers.
Having your eCommerce website comes with a lot of perks, the main one being that you can sell literally whatever you want. Just be aware that you’ll have to put in more effort to market your website and attract shoppers.
Takeaway
Starting an online auto parts business can be a great way to make money. To maximize your chances of success, it’s important to choose the right eCommerce platform on which to sell your wares. Amazon, eBay Motors, and Walmart Marketplace are all popular choices, each with its own benefits. If you want complete control over what you sell, setting up an eCommerce website is the way to go. No matter which route you choose, careful planning and execution are key to starting a successful online auto parts business.
This article provided an overview of everything you need to know about starting an online auto parts sales business, including the benefits of selling online, the best eCommerce platforms for selling automotive aftermarket parts, and which car parts sell best on each platform. By following the advice in this guide, you’ll be well on your way to starting a successful online auto parts business.
Together with myFitment, you have everything you need to get started selling auto parts and accessories online. myFitment is the leading provider of product data for the automotive aftermarket industry, and we can help you list your products on Amazon, eBay Motors, and Walmart Marketplace. To learn more about myFitment and how we can help you grow your online auto parts business, contact us today.
