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.
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