Kirkcaldy autocentre predicts 2023 tyre buying habits as it improves online booking process
It is not a stretch to see that the cost of living crisis is going to have a big impact on UK retail in 2023. Commercial vehicle operators will seek all sorts of economies on the road even if the price of diesel and petrol continues to fall, as it has done for the last couple of months. With their belts tightening, we may see more amalgamated logistical operations, leading to longer lead times and even fewer trucks on the road. Fife Autocentre in Kirkcaldy is encouraging motorists in major UK areas like London, Yorkshire and Scotland to be vigilant about the effects of these changes on ordinary motorists, especially in regard to their tyre purchasing decisions.
Greater Interest in Mid-Range Tyres
At times of economic uncertainty, many households rein in their expenditure somewhat even if they don’t need to. This is something that tends to happen when people start to think they will need to make savings down the line even if they are currently operating within their budgets. As such, Fife Autocentre believes it is likely that fewer top-of-the-range tyres will be sold over the course of 2023 compared to the last few years. Nevertheless, there is unlikely to be a wholesale shift to budget tyre purchases. What most consumers will want next year is a happy medium between product longevity and initial outlay, the retailer says, and as such, mid-range tyres are likely to be the biggest sellers.
More Online Purchases
The long-term trend towards online purchases in UK retail, makes it not entirely unexpected that more people will be buying tyres online in 2023 than ever before. Some will procure their tyres from resellers or e-tailers and then seek a fitting service. However, next year, Fife Autocentre suggests it is more than likely that consumers will use the internet to shop around but still purchase their tyres from the place where they’ll be fitted. This is down to local expertise and brand recognition. There is a prediction for a boom in demand for car tyres (both in the industrial and consumer front). Local businesses (garages) should be prepared for the spike in demand. Fife Autocentre, a local tyre business in Kirkcaldy, has made its booking processes easy in order to facilitate its customers better.
Fewer Overall Purchases
Some industry insiders expect 2023 to see a drop in the number of tyres purchased. Although this might not also mean a substantial drop in revenue – largely due to inflationary pressures in the wider motor trade sector – the industry should brace for diminished production runs of tyres as the year progresses. Two factors will underpin this, according to Fife Autocentre. Firstly, drivers will probably eke out the final amounts of tread on their current set of tyres wherever possible, only exchanging them at the last moment. Secondly, consumers will seek to drive less than they did to save money on fuel, thereby lowering tread wear rates. In turn, this will mean fewer motorists will get to the point at which they need new tyres next year.
Growth in Green and Eco Tyres
Although the dip in tyre sales may be a concern for some, there is expected to be a significant upturn in the popularity of eco tyres, the retailer adds. Consumers want to buy green products in a world challenged by climate change and are willing to pay a premium for them even if they’re cutting back on other expenditures. Besides, eco tyres offer excellent running efficiency, something that many consumers want to buy into.
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