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Aftermarket Business
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 * Aftermarket (automotive), 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 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 s ... 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 {{disambiguation zh:二级市场 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aftermarket (merchandise)
In economic literature, the term "aftermarket" refers to a secondary market for the goods and services that are 1) complementary or 2) related to its primary market goods ( original equipment). In many industries, the primary market consists of durable goods, whereas the aftermarket consists of consumable or non-durable products or services. Accordingly, the "aftermarket goods" mainly include products and services for replacement parts, upgrade, maintenance and enhancement of the use of its original equipment. Examples of durable goods and their associated aftermarket goods and services include: razor handle mounts and disposable razor blades designed to mount in that handle; computer printers and their matching printer cartridges; and new cars and optional upgrades that can be installed after the car is purchased, such as car stereos or fog lights. Elements There are two essential elements of the aftermarket: installed base and lock-in effect. Installed base A certain level ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aftermarket (automotive)
The automotive aftermarket is the secondary 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. According to a report by the International Trade Administration in the US Department of Commerce, "''Aftermarket parts are divided into two categories: replacement parts and accessories. Replacement parts are automotive parts built or remanufactured to replace OE parts as they become worn or damaged. Accessories are parts made for comfort, convenience, performance, safety, or customization, and are designed for add-on after the original sale of the motor vehicle.''" The aftermarket encompasses parts for replacement, collision, appearance, and performance. The aftermarket prov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 IPO or private placement. Then the underwriter re-sells the securities to other buyers, in what is r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 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 industries. For example, owners of classic, vintage, and antique vehicles s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
