The Online Marketplace
for All Automotive Parts
Platforms are horizontal networks that connect buyers and sellers, speakers and listeners, creators and consumers, to one another, bypassing traditional gatekeepers.
The internet hosts many successful platforms such as Alibabs, Twitter, Facebook, YouTube, Etsy, eBay, Airbnb and Amazon. There are also niche online marketplaces like Bonanza and Fruugo and Hollar, fashion-focused marketplaces such as Zalando and Fullbeauty, bargain-focused marketplaces such as Tophatter and Tanga… and the list goes on.
Building off the knowledge base and success of their multi-million-dollar e-commerce website LiftKits4Less.com, that targets the aftermarket automotive parts for Jeep, Truck and SUV vehicles, The 4Less Group, Inc. (The4LessGroup.com) has now launched the beta version of the world's first automotive parts only multi-seller platform under the URL AutoParts4Less.com.
Today, four of the world’s five most-valuable companies are platform businesses. In almost every industry, platforms are starting to emerge, and when a platform enters a traditional product market, the platform virtually always wins. AutoParts4Less.com seeks to unify the fragmented very large automotive parts industry.
The global automotive aftermarket industry, estimated to be worth $722.8 billion last year, has experienced an even greater explosion of sales this year. COVID-19 fears still prevail throughout the world, so today’s consumers are including purchasing new or replacement auto parts as a priority, realizing that regular maintenance and parts replacements are vital to keeping their older vehicles operating and lasting. This has led to a 16% increase in U.S. auto parts sales since last year, totaling $40.7 billion.
The new platform AutoParts4Less.com will be strongly positioned to capitalize on these fronts 1) the paradigm shift of acceptance of shopping for automotive parts online. 2) the vast population of owners of cars, trucks, RVs, motorcycles, boats, or other vehicles seeking a simplified, convenient “one stop shop” for all of their automotive parts needs. And 3) product based platforms are wildly successful for the simple fact sellers compete to win the “buy box” based on price, ship times, return polices etc all of which ultimately drives massive value to the consumer.
Recent Press Releases
MotoAmerica, North America’s premier motorcycle road racing series, is excited to announce that automotive parts digital marketplace AutoParts4Less.com will be the title sponsor of the 2022 and 2023 MotoAmerica Championship Series, to be known as the Auto Parts 4Less MotoAmerica Championship.
The 4Less Group. Inc (OTCQB: FLES) Announces Availability of Initiation of Coverage Profile Report by WallStreet Research(TM)
Las Vegas, NV, Sept. 27, 2021 (GLOBE NEWSWIRE) -- The 4Less Group, Inc. (OTCQB: FLES) announces a new Profile Report recently released and published by WallStreet Research™ (WSR), a top-ranked independent research firm with a history spanning over four decades. WallStreet Research™ is ranked Number One on the Google, Yahoo, and Bing search engines for both small and micro-cap research with a global following.
Who We Are
The 4 Less Group, Inc. operates cutting-edge marketplaces that provide direct sales of automotive parts to customers from a wide variety of manufacturers and resellers.
4Less Group Inc. is on a mission to connect automotive parts manufacturers and resellers with customers in the most effective, modern, and affordable way. AutoParts4Less.com is on track to do just that.
By investing in The 4Less Group, Inc., you’ll help to crowdsource a platform that is poised to be the Amazon for automotive parts, connecting millions of buyers with thousands of sellers in the world's first automotive parts multi-vender marketplace.
The World First Automotive Parts Only Multi-Vendor Marketplace
Cars, Trucks, Commercial Trucks, Motorcycles, Boats, RV, UTV/ATV, Snowmobiles and Jetskis
Size & Growth of the Automotive Parts Market
There will be 234.5 million people licensed to drive in the US by 2022.
The entire automotive aftermarket industry in the US reached $381 billion in 2020, with light duty vehicles contributing $282 billion.
It takes 535,000 businesses to serve all 280+ million light, medium, and heavy-duty vehicles registered in the U.S. today.
Personal consumption of auto parts in October 2020 was up 8% from October 2019. It hit an all-time record in June 2020, reaching $50.5 billion.
The US aftermarket auto parts industry is expected to see a compound annual growth rate of about 3% per year and is projected to reach $449 billion by 2023. The global automotive aftermarket size is anticipated to reach over $513 billion by 2027.
The growth rate of online parts sales has historically been about 16% per year but in 2020 surged to a 30% increase, according to automotive market research done by Hedges & Company. This includes replacement parts, aftermarket parts and accessories.
Get more information about exciting investment opportunities, business partnerships for manufacturers, or our products.