Massive Growth Expected for New Lifted Trucks
Exclusive online vehicle marketplace, newliftedtrucks.com to aid in the scaling of the New Lifted Truck Market.
STANDISH, Maine, April 11, 2019 /PRNewswire/ -- Conversions For Sale is announcing the launch of newliftedtrucks.com, an online vehicle marketplace for new lifted truck dealer listings. With this new site, newliftedtrucks.com will accomplish key objectives that are necessary to grow the market;
- Educating consumers about the New Lifted Truck Market. Including who the authorized upfitters are and what products they offer.
- Directly connecting consumers to the dealers that stock new lifted trucks.
- Actively promoting the New Lifted Truck Market as a whole.
"Despite the new lifted truck products being in the marketplace for almost a decade, consumer awareness of the market is non-existent," says David DeSantis, Founder of Conversions For Sale. "As of yet, the growth potential of this market is still untapped."
The total addressable market in 2018 for vehicles that could be sold as "new lifted" was over 3.4M units. Due to the lack of consumer awareness, the new lifted truck market penetration is estimated to be less than 10K units per year.
"I predict that the growth potential of the new lifted truck market to be 5-7% of the total vehicles that could be sold as "New Lifted". That would be 171K-240K units per year, and this is not a far off estimate when you consider that in 1989 at the peak of the Conversion Van Market, there were over 200K vans sold in that year. New lifted trucks can easily become looked at as another trim level by consumers interested in purchasing a new truck or large SUV, and manufacturers rebates/incentives can significantly offset the upfit package price for consumers."
"I have had the pleasure of knowing, and doing business with David and Conversions For Sale for several years...David is a true expert on the upfit and lifted truck business. He knows both the business and the customers searching them out." - John Broderick, GM Burlington Chevy Burlington, NJ
For more information, visit https://www.newliftedtrucks.com
Founded by David DeSantis in 2011, Conversions For Sale is a marketing company that specializes in marketing specialty vehicles to consumers with a focus on the new lifted truck market. Conversions For Sale is a privately owned company and is headquartered in Standish, ME.
Media Contact:
David DeSantis, Founder
Conversions For Sale
207-370-7232
[email protected]
SOURCE Conversions For Sale
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