Automotive Aftermarket Players Switch to Competitive Intelligence Strategies
22 June 1998
Frost & Sullivan: Automotive Aftermarket Players Switch to Competitive Intelligence Strategies to Stay Ahead of CompetitionNEW YORK, June 22 -- The automotive aftermarket is experiencing structural changes, due in part to customer preferences and financial abilities. With the various segments in a state of flux, it is more important than ever to know what consumers want and when they need it. Therefore, companies throughout the world are now installing business intelligence systems to monitor competitors, customers, suppliers, markets and trends relevant to their interests. To provide senior level executives with new tools, techniques, ideas and strategies necessary to successfully address the major challenges and opportunities facing the automotive aftermarket, Frost & Sullivan will assemble the nation's leading competitive intelligence and benchmarking authorities for its Twenty-Fourth Annual Automotive Aftermarket Industry Conference, July 21-22, 1998, and its Market Engineering Management Seminar, July 20. Long regarded by industry players as THE aftermarket conference, this not-to-be-missed event is specifically designed for companies in the automotive aftermarket to provide information that will help improve your company's bottom line for years to come. Through formal presentations, informal networking and roundtable discussions, key speakers will share their knowledge about successful strategies, pitfalls to avoid and market opportunities. David Peace, director of global aftermarket operations at Visteon Automotive Systems, will present "Building and Maintaining Profitable Aftermarket Programs." In this session you will learn how to establish brand loyalty, establish a loyal customer base, and how to monitor and ensure customer satisfaction. The future of the do-it-yourself (DIY) market has been the focal point of much discussion in recent years. Although the DIYer will continue to be a customer, companies who rely on this market segment must expand their customer base in include installers in order to maintain growth. Stephen J. Alexander, president of Automotive In-Store Marketing, Inc., will explain how to keep the DIY customer and develop your installer customer base, and how to integrate and address the needs of both markets in his discussion, "Beyond the DIY Market -- Expanding Your Market Opportunities." Many companies are not going to wait until the next century to find out whether their trading partners are Year 2000 compliant. Retailers, distributors and manufacturers are building highly integrated and interdependent supply chains, so they will replace vendors and suppliers who threaten their operations by being "millennium impaired." Eileen Pso from Javasoft, a division of Sun Microsystems, will highlight "The Car and Computerization: Year 2000 Problem." This discussion will show you why you need to have your systems Year 2000 compliant and ready for testing with your business partners by next January. The conference will be preceded by an intense, full-day Market Engineering workshop, "Growth in the Automotive Aftermarket: Utilizing the Market Engineering System to Accelerate Growth and Identify Market Opportunities," July 20. Led by David Frigstad, chairman of Frost & Sullivan, this seminar covers the Market Engineering System and how you can use this system to identify opportunities to keep your company growing faster than competitors and the market. It is a systematic, measurement-based system which integrates market challenges, company goals, market research, marketing strategy, implementation and monitoring into a practical and useful methodology that can benefit each and every department in a company. Both the conference and the seminar will be held at the Hotel Intercontinental in Chicago, Illinois. Bob Ahrens, retired from the Ford Corporation after a distinguished career of over 35 years, will chair the conference. As an added bonus, all conference attendees will receive a complementary copy of Frost & Sullivan's best-selling training manual, "Customer Engineering," a practical yet strategic approach to real marketing problems and the strategies necessary to create a highly profitable sales system in the automotive aftermarket through measurements of effectiveness that ensure every project a company undertakes has an impact on their bottom line. This conference is sponsored by The Dialog Corporation and The Polk Company, and endorsed by Aftermarket Business and The Auto Channel. For more information on attending, sponsorship, exhibiting, advertising, or future speaker possibilities, please call or write: Sales Inquiries: Devin Brown cfsales@frost.com Press Inquiries: Rachel Putter rputter@frost.com 650-237-4385 Sponsorships & Exhibits Gary Robbins grobbins@frost.com Frost & Sullivan 90 West Street New York, NY 10006 Tel: 212-964-7000 Fax: 212-619-0831 Visit Frost & Sullivan's Web site: http://www.frost.com/conferences. Conference: 2968-06 Date: July 21-22, 1998 Price: $1250 Seminar: 2970-06 Date: July 20, 1998 Price: $750 Conference & Seminar Package: Price: $1850