aftermarketpartners
Aftermarketpartners is a term used to describe the network of external suppliers, distributors, installers, retailers, and service providers that participate in the aftermarket phase of a product's life cycle. The term is most common in the automotive sector but can apply to electronics, appliances, and machinery. These partners supply replacement parts, accessories, performance upgrades, repair services, and maintenance.
Overview: In practice, aftermarket partnerships connect original equipment manufacturers (OEMs) or retailers with third-party part producers
Business models: Revenue comes from sale of parts and accessories, installation services, warranties, and sometimes subscription
Benefits: For customers, greater choice, lower prices, and wider coverage; for manufacturers and retailers, extended reach,
Risks and challenges: Quality and compatibility concerns, counterfeit parts, warranty and liability issues, regulatory compliance, and
Regulatory and standards: Parts used in safety-critical systems may require certification and adherence to standards such