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Pepe Enterprises, Inc., is currently
looking for a qualified company to
manufacture and distribute the Under Car
Tool Caddy under a licensing agreement.
Please find below Pertinent Marketing Facts
pertaining to the Under Car Tool Caddy.
The Under Car Tool Caddy can improve the productivity, as well as the profitability, of its users.
- On average, mechanics at professional auto repair facilities spend
four percent of their work time looking for misplaced parts and tools.
That's 19 minutes of each and every eight-hour workday misspent on searching for gear.
- While that might not seem like much, add it up: that comes to 1:35 of
lost work production every week per every mechanic. And that comes
to 82 hours and 16 minutes in lost work time for every employee every
year – that's more than two weeks of lost labor for each mechanic annually.
- Multiply that times the $15.60 average paid to these workers, and that comes to $1,284.39 wasted on payroll for every mechanic, and simply
on the labor time lost on looking around for tools and parts that wind
up misplaced. And multiply that by the average of four mechanics at
each U.S. auto repair facility, and that comes to $5,137.60 in unproductive labor expenses lost annually at each establishment.
- But it doesn't have to be this way. The Under Car Tool Caddy offers a needed solution that can correct these errors, and because it can
prevent these errors from occurring in the first place. Just purchase
one Under Car Tool Caddy for each of the four mechanics. In the estimated median sales price, even at the retail level, this would amount to less
than $200 in expenses for these establishments, which would result in $4,937.60 in savings for each and every establishment. The Under Car
Tool Caddy can eliminate the need to meaninglessly waste time in search for tools and parts, and because it prevents them from getting lost in the first place.
- Moreover, by eliminating this loss of two weeks of labor per each employee every year, these establishments would gain an average of
329 labor hours, and would thus improve in productivity, which would
- thus improve the profitable intake of these businesses. This improvement in service time would then offer an improvement in potential sales, and
of roughly $20,000 annually to each these establishments. And only for a $200 investment.
- With these benefits of improved productivity, reduced lost labor time
and improved potential income, the Under Car Tool Caddy will have no problem getting instant recognition and very high sales.
The Under Car Tool Caddy can
join a very successful product line.
- Total spending on automotive aftermarket supplies has reached approximately $208 billion annually. Almost one-fifth of that large
dollar figure (18.6 percent) is specifically for tools and accessories,
and this market is growing by 4.2 percent every year on average.
- This amounts to roughly $36.9 billion spent annually on accessories
like the Under Car Tool Caddy . Obviously, this product market is very
large and very successful, and continues to steadily grow, as well.
- The Under Car Tool Caddy can join this successful product market,
and can enjoy the high and consistently growing sales of this product
field, as well.
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