Another leading name may be the top brand in terms of both prominence and sentiment according to our annual online brand equity survey (see ‘Michelin top again, but is lead eroding?’ for more on this), however there is a new top social tyre brand in town. A year after we kicked off our coverage and analysis of this segment in last years’s e-Commerce feature, Goodyear has shown itself to not only be the faster riser, but also the top overall tyre brand when it comes to social media influence.
Things move quickly in the online world. Even business moves “at the speed of thought” as Bill Gates suggested in the title of his book of the same name. While the tyre industry has shown some signs of reticence when it comes to doing business over the Internet, in recent years the tide has turned and most large (and many small and medium sized) tyre companies now see online involvement as a permanent part of their business. However recent developments in social marketing and price comparison sites only go to show that if you don’t keep up you may lose out. Tyres & Accessories analysed the latest data and spoke to some leading players on the frontiers of tyre e-business to see what pitfalls and opportunities lie ahead for the UK and European tyre business.