What is consolidation and why is it happening? Per Investopedia: Consolidation is a phase in an industry where competitors begin to merge. Companies often consolidate to gain a larger portion of overall market share and to take advantage of synergies.
Actually, they’re already here! (I’m one of them.) I’ll admit, millennials can be a confusing generation, so I’d like to help dispel some of the myths and foster understanding so we can all get along better in the workplace to achieve better results.
Whether you realize it or not, most Auto Recyclers operate commercial vehicles. “What is a commercial vehicle?” may sound like a simple question, but it can be a confusing issue depending upon the nature of your vehicle operations. A seemingly innocent factor, such as the origin of the parts in your delivery van, plays a huge role in determining which definition of a commercial vehicle applies to your company at the moment.
Testimonials are very important for promoting your business and selling your products and services. What others say about you has a greater impact than what you say about yourself. Testimonials are the most powerful way to sell. You can increase the response to your advertising dramatically by adding testimonials. If you want to get and keep the marketing edge, use testimonials!
There has been a lot of discussion about all the challenges this industry is facing, as well as the adversity that we need to overcome.
We have a lot of the smaller yards that feel overwhelmed with how the business has changed and now are either looking to sell or simply going out of business. It seems that lately, all the news is “doom and gloom.”
Recently Oregon became the 42nd state to begin actively using NMVTIS for regular titling practices. More states have activated new rules for 2019 using NMVTIS as a reference. With over 5 million salvage vehicles being reported each year and a growing number of states reporting regularly to NMVTIS; AAMVA, the database administrator, claims that 96% of all US vehicles are represented in the system. With all this data available, it is more important than ever to make sure entries to NMVTIS are accurate and timely.