Capitalizing on oil change services
As the average number of miles driven returns to pre-pandemic levels and vehicle average age increases, the demand for full synthetic oil change services is on the rise, presenting new opportunities for service providers as more vehicles in operation are requiring full synthetic as opposed to conventional or synthetic blend. According to the 2024 Lang Automotive Fact Book, internal combustion engine (ICE) vehicles are expected to account for 76% of all cars in operation in 2035. All these factors contribute to the Automotive Fact Book’s prediction that oil change services will grow by 3–5% in the next few years.
While electric vehicles are undoubtedly a growing part of the car parc, their market share is still relatively low. As a result, the impact on the oil change market is still many years out. That said, the oil change market itself is not experiencing major growth overall. In this environment, shops can continue to catalyze revenue growth by featuring a leading brand like Mobil 1™ synthetic motor oil to increase ticket averages.
Mobil 1 Prestige
A lot can be said about the product quality and rigorous testing that goes into every quart of Mobil 1 motor oil, but a significant reason why shops should use it and display the brand at their sites is its reputation. Mobil 1 motor oil is the world’s leading brand of synthetic motor oil and is the #1 selling motor oil in the U.S. at retail.*
When shops sign up to participate in the Mobil™ Premium Growth program, they gain access to official Mobil 1 signage, bolstering their site image with the support of an industry-leading name. By displaying Mobil 1 signage, shops can leverage the brand’s established prestige, eliminating the need to build from scratch.
By leaning on a leading brand, shops can drive in new customers who already have previous loyalty to Mobil 1 products and ensure they feel confident in the quality of oil being put in their engine. The Mobil 1 brand has the most loyal consumers compared to other major oil brands, and 18% of Do-It-For-Me consumers only use Mobil 1.**
Quality Customers
By advertising Mobil 1 products, shops attract quality, loyal customers who are willing to invest more. These customers: