The Real Money Is Often Made After the Product Is Sold

Selling a product once is good. Generating revenue from that customer for the next 10 years is even better. Some of the strongest businesses are built on the "aftermarket." $AIAENG earns from replacing grinding media used in mines. $ELGIEQUIP generates recurring income from compressor servicing, spare parts and AMC contracts. $TIMKEN benefits from replacement demand for bearings long after the original equipment is installed. $CUMMINSIND earns from engine overhauls, maintenance and genuine spare parts. $SCHAEFFLER India sees recurring demand as bearings wear out across industrial and automotive applications. The first sale gets the customer. The aftermarket often builds the moat.