Wide variation in prices achieved by different brands and platforms online
Online tyre retailing continues to grow in volume and influence – something that has been expected for a long time. However, the proliferation of differing online strategies is something that is proving to be less predictable. Gone are the days when online tyre retailing was simply a price competition, or in other words a race to the bottom. That strategy has resulted in the demise of many here-today-gone-tomorrow startups and has instead led to the development of a considerably more nuanced market place. Still, the online tyre space remains fiercely competitive with the likes of Blackcircles and Tyregiant each signing deals with supermarkets Tesco and Asda respectively; and with National Tyres backing the AA’s tyre offer, as another example, In other words, this market is now about far more than who can offer budget tyres for the lowest price.