In recent years, both the global market and the Chinese market, the upstream and downstream of the automotive industry are facing rapid changes. Including automobile manufacturers, dealers, distributors, and stores, from the production design and energy structure of the production end, to the sales channel model of the circulation end, to the user needs and car purchase methods on the consumer side, they are undergoing drastic changes.
In 2023, nearly 5 million of China's nearly 30 million new vehicles will go to overseas markets, and about 25 million units will be sold in China. China's future automobile market, whether it is a new car or a used car, we believe that whether it is active or passive, it must participate in the competition of the global market, and the domestic market and overseas market are the future markets that we have to face.
For domestic manufacturers and dealers, the new car market has grown rapidly for 30 years, and is currently facing a period of structural adjustment on the supply side and the consumption side, so the incremental market is gradually slowing down, and everyone is desperately competing for opportunities in the stock market. In addition, the current rise of global AI technology and artificial intelligence technology has also accelerated the rapid evolution from electrification to intelligence, accelerating the dual changes in automobile supply and consumption.
For the second-hand car market, it is still in the channel of rapid growth, and from the perspective of the growth of annual transaction volume, it can be seen that the second-hand car market is a market with both increment and stock. The number of motor vehicles exceeds 400 million units, and the stock of 25 million new units (domestic sales of new cars) is added every year, the stock of second-hand cars that can be traded every year continues to increase, and the potential consumer group of second-hand cars is also growing. Therefore, the second-hand car industry is an excellent industrial market opportunity, which can create new development opportunities for manufacturers and dealers in the future.
In the past many years, Fengche has continued to cultivate the second-hand car industry, through the core business logic of digital system + online trading platform, to help dealers and car source institutions to establish a second-hand car operation and operation system from the bottom, get rid of the extensive model of second-hand cars relying on "human governance", and help the group and stores to build a "digital-process-online" business system, not just a transaction and circulation platform and channel. From the four dimensions of "digital management, digital operation, digital marketing, and digital transaction", we help manufacturers, dealer groups and stores fundamentally establish a scientific and process-based second-hand car operation and operation system, help fundamentally reduce management costs and business process risks, and improve business profits and enterprise value.
If we can't establish a digital system and process-based management methods from the underlying business model, no matter how many business circulation channels there are for second-hand cars, we can't fundamentally solve the extensive management of relying on "human governance", and we can't fundamentally make second-hand cars become core business opportunities and opportunities for profit growth.
Based on the starting point of helping manufacturers and dealer groups create greater value, we have spent several months upgrading the smart used car product 8.0. This is a set of ERP system for the whole process of second-hand car business (divided into SaaS dealer standard version and group version), to help second-hand car business, from evaluation, testing, quotation (HABC procurement market price and sales market price), pricing (group pricing center), procurement (approval), inventory (early warning, inventory, capital turnover analysis), sales (maintenance, retail, allocation, wholesale, auction aggregation), CRM clues and customer follow-up, enterprise WeChat docking, financial collection and payment, financial extended warranty after-sales, The aggregation marketing of the official website micro-store applet, gross profit analysis, BI data analysis, horizontal and vertical comparison analysis, gross profit margin analysis of health value, certification of second-hand car system, opening up B2B auction platform and overseas export channels, etc., help the group build a complete set of scientific and powerful ERP system, from procurement to transaction, from management to marketing, the whole process and the whole life cycle management and operation system. At the same time, with the help of AI artificial intelligence means, OCR intelligent recognition, VIN code analysis, robot assistance and other advanced technical means in the industry, the system makes the store business participants carry out the second-hand car procurement and sales process, which is simpler and more convenient.
At the digital transaction level, based on the smart second-hand car 8.0 product, we have built and seamlessly connected the national auction B2B auction platform to help manufacturers and dealers build transaction service capabilities for 150,000 buyers across the country, which can not only build the group's own brand circulation platform, but also expand the group's own second-hand car business circulation system with the help of the upstream and downstream channels of the national auction.
The smart second-hand car digital system and the national auction platform can help the group quickly launch, land, train and expand business within a week, and see actual results and obvious growth in three months at the earliest. Smart second-hand car 8.0 standardized product is suitable for groups with 2-100 stores to carry out daily purchase, sales and inventory, retail and auction business. Large-scale groups with more than 100 stores can use our premium and customized versions to meet higher demands. We also support API data docking with other business systems or financial systems on the basis of smart second-hand car 8.0 products, making the group's business development more convenient.
If you want to know more about products, solutions, customer cases and PPT and demonstrations, please contact: 400-8828-730, or send BD mail.fengchenet.com by email, or get in touch with our online consultants, we will be happy to provide you with the most professional service.