Reynolds and Reynolds Introduces Online Automotive Parts Store
April 12 2006 - 10:48AM
PR Newswire (US)
StoreMakerX(TM) helps dealerships drive profits and reduce
inventory by marketing and selling parts and accessories online.
DAYTON, Ohio, April 12 /PRNewswire/ -- The average automobile
dealership carries a parts inventory valued at more than a quarter
of a million dollars. Unfortunately, much of that inventory
represents overstocked or obsolete items. The solution? Virtual
parts stores. According to NADA, parts inventory is the single
largest asset in a dealership's fixed operations. Dealers know that
reducing their parts investment can increase profitability. As a
result, they're turning to virtual parts stores to better
merchandise parts inventories, improve inventory turnover and
enhance their profitability. To help dealerships take their parts
department online, The Reynolds and Reynolds Company (NYSE:REY) has
introduced StoreMakerX(TM), powered by TradeMotion(TM). TradeMotion
Software, located in Calabasas, California is a leading provider of
parts e-commerce solutions. StoreMakerX is a comprehensive parts
and accessories application that works with Reynolds WebMakerX Web
sites or stand alone URLs to provide dealers with a powerful
e-commerce solution. Now, dealerships can market and sell parts and
accessories online 24/7. "Online parts stores are a new profit
center for fixed operations. Now, a dealership can open up its
parts inventory and also that of their OEM warehouse to consumers
everywhere -- and sell overstock, reduce parts obsolescence and
most importantly, generate extra revenues in a tight new-car sales
market," said Dana Freshman, vice president of Reynolds Sales and
F&I Solutions. Traditionally, dealerships have manually taken
parts orders via the telephone, fax or from walk-in customers. Now,
dealerships can refer do-it- yourself and wholesale customers to
their online StoreMakerX store(s) to research, order and buy parts
at their convenience. Fred Beans Organization, which represents 33
franchises and is headquartered in Limerick, Pennsylvania,
established a dedicated StoreMakerX parts site at
http://www.fredbeansparts.com/ to better serve parts customers and
generate revenue for the dealership. "We went live with StoreMakerX
in November 2005. Not only did this new parts e-commerce
opportunity exceed our projected revenue models, but within a few
short months it beat our service, over the counter and wholesale
part sales collectively," said Gene Culley, director of Internet
Sales for Fred Beans organization. "StoreMakerX has helped me
streamline and reduce operating expenses while allowing customers
to order parts 24/7. The software is amazing. There's so much
flexibility with its useful tools and well-thought out workflow,"
he added. Reynolds and TradeMotion Software are working together to
offer the StoreMakerX solution to Reynolds' customers. "Reynolds
has consistently delivered innovative technologies and solutions
over the years to its dealers and we're excited to be included in
this offering," said Shawn D. Lucas, president of TradeMotion
Software. "We have an excellent relationship with Reynolds and will
continue to collaborate with them to bring value to their
customers." Consumers can easily search for parts by year, make,
factory part number or keyword. They can add parts to a shopping
cart and select a shipping method and then securely pay for
purchases by any major credit card, PayPal(C), COD or via a
Purchase Order. Other features of StoreMakerX include: - Accurate,
Current Parts Information - StoreMakerX pulls from a comprehensive
catalog containing millions of unique parts numbers and thousands
of graphics. The catalog is updated and cross-referenced monthly. -
Customer Loyalty Account - Customers can create a login that
enables a one-click shopping experience. They can pre-load
vehicles, save searches, track messages sent to dealer, check order
status and manage accounts such as billing, shipping, and payment
information. - Branded Catalog Manager - Dealers can create their
own catalogs, branded packages and promotions to customize their
parts store. - Robust Reporting and User-Friendly Administration
-Dealers can generate multiple reports to monitor sales, products
searched, usage, etc. Plus, they can manage customer accounts,
check order status, and send customer messages all within the
StoreMakerX application. StoreMakerX, powered by TradeMotion, is
now available from Reynolds to dealerships throughout the U.S. and
can work with any Web site or standalone URL address. About
Reynolds Reynolds and Reynolds (http://www.reyrey.com/) helps
automobile dealers sell cars and take care of customers. Serving
dealers since 1927, it is a leading provider of dealer management
systems in the U.S. and Canada. The company's award-winning
product, service and training solutions include a full range of
retail Web and Customer Relationship Management solutions,
e-learning and consulting services, documents, data management and
integration, networking and support and leasing services. Reynolds
serves automotive retailers and OEMs globally through its incadea
solution and a worldwide partner network, as well as through its
consulting practice. About TradeMotion TradeMotion Software
(http://www.trademotion.com/) is a provider of e-commerce solutions
primarily focusing on the parts vertical from manufacturers to
retailers. The company's suite of web based products offer
subscribers a smart sophisticated Storefront e-commerce system
bundled with a robust back office portal which allows access to
powerful tools to customize business rules for any marketplace
scenarios. TradeMotion can support large Marketplaces with many
distribution locations or single Storefronts whose needs are unique
to their customers, as well as many vertical markets concurrently.
TradeMotion utilizes a global data architecture allowing
centralized databases to share or restrict information for
personalization & memberships, content delivery, unique
templates, profiles, libraries and settings built to scale to
eliminate the human capital curve associated with sales growth.
DATASOURCE: The Reynolds and Reynolds Company CONTACT: Media,
Michelle Zendah of Reynolds and Reynolds, +1-937-485-8499, or Web
site: http://www.reyrey.com/ http://www.fredbeansparts.com/
http://www.trademotion.com/
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