Aftermarket (merchandise), After-market
Aftermarket may refer to: * Aftermarket (merchandise), any market where customers who buy one product or service are likely to buy a related, follow-on product * Automotive aftermarket, the addition of non-factory parts, accessories and upgrades to a motor vehicle also to include removal of parts after vehicle is placed on market * Aftermarket (finance), or secondary market in financial parlance, the trading of securities that have already been issued * The market for parts that are no longer made, see new old stock New old stock (NOS), or old stock for short, refers to aged stock of merchandise that was never sold to a customer and is still new in original packaging. Such merchandise may not be manufactured anymore, and the new old stock may represent the on ... {{disambiguation zh:二级市场 ...
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Aftermarket (merchandise)
Aftermarket in economic literature refers to a secondary market for the goods and services that are complementary or related to the primary market goods, also known as original equipment). In many industries, the primary market consists of durable goods, whereas the aftermarket consists of consumable or non-durable products or services. In the moment, aftermarket goods mainly include products and services for replacement parts, upgrade, maintenance and enhancement. Elements There are two essential elements of the aftermarket: installed base and vendor lock-in effect. Installed base A certain level of installed base of original equipment customers is necessary for the sufficient demand of aftermarket products. Therefore, significant installed base normally makes aftermarket profitable as an established installed base is likely to consume the aftermarket products repeatedly over the lifespan of their durable goods. Lock-in effect (also installed-base opportunism) Lock-in ...
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Automotive Aftermarket
The automotive aftermarket is the secondary parts market of the automotive industry, concerned with the manufacturing, remanufacturing, distribution, retailing, and installation of all vehicle parts, chemicals, equipment, and accessories, ''after'' the sale of the automobile by the original equipment manufacturer (OEM) to the consumer. The parts, accessories, etc. for sale may or may not be manufactured by the OEM. The aftermarket encompasses parts for replacement, collision, appearance, and performance. The aftermarket provides a wide variety of parts of varying qualities and prices for nearly all vehicle makes and models. Consumers have the option of repairing their vehicles themselves (the " do-it-yourself" or "DIY" segment) or can take the vehicle to a professional repair facility (the "do-it-for me" or "DIFM" segment). The aftermarket helps keep vehicles on the road by providing consumers the choice of where they want their vehicles serviced, maintained, or customized. S ...
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Secondary Market
The secondary market, also called the aftermarket and follow on public offering, is the financial market in which previously issued financial instruments such as stock, bonds, options, and futures are bought and sold. The initial sale of the security by the issuer to a purchaser, who pays proceeds to the issuer, is the primary market. All sales after the initial sale of the security are sales in the secondary market. Whereas the term primary market refers to the market for new issues of securities, and " market is primary if the proceeds of sales go to the issuer of the securities sold," the secondary market in contrast is the market created by the later trading of such securities. With primary issuances of securities or financial instruments (the primary market), often an underwriter purchases these securities directly from issuers, such as corporations issuing shares in an initial public offering (IPO) or private placement. Then the underwriter re-sells the securi ...
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New Old Stock
New old stock (NOS), or old stock for short, refers to aged stock of merchandise that was never sold to a customer and is still new in original packaging. Such merchandise may not be manufactured anymore, and the new old stock may represent the only current source of a particular item.
retrieved on 2008-10-20. There is no consensus on how old a product must be to be NOS, and some people reserve an NOS label only for products that are actually discontinued. Although not an officially recognized accounting term, it is in common use in the and