Online Performance Auto Parts Startup Beats Crawfish App, Vegan Bakery To Win $10,000 In LSU Venture Challenge

Online Performance Auto Parts Startup Beats Crawfish App, Vegan Bakery To Win $10,000 In LSU Venture Challenge

Performance Mods, an online performance auto parts startup, has a goal of getting online orders to customers faster than any other auto parts company in the industry.

Louisiana State University marketing major Joshua Cauley started the online auto parts retailer Performance Mods less than a year ago, and the startup already has generated more than $2 million in sales.

Now the e-commerce firm, which operates out of the LSU Student Incubator, has an extra $10,000 to continue the momentum.

Performance Mods recently won the top prize at the LSU Student Incubator’s 2017 Venture Challenge, according to an article in Greater Baton Rouge Business Report.

The auto parts startup triumphed over a crawfish pricing app, a vegan bakery and a marketing mobile app to win the $10,000 prize, the article says.

Alexandria Burris of Greater Baton Rouge Business Report explains that the business model of Performance Mods is to deliver performance auto parts to customers within one to three days – compared to delivery times of weeks or even months for auto parts companies.

“Cauley says Performance Mods, which has two employees, can make deliveries quicker because it has connections with manufacturers with warehouses throughout the country, and they can ship orders directly to customers instead of through a middleman,” Burris explains. “And unlike other companies, Cauley says his has a competitive advantage in that it doesn’t charge a restocking fee if a customer needs to return a wrong part.”

You May Also Like

Worldpac Celebrates Opening of New Warehouse in Puerto Rico

The 30,000-square-foot facility has the capacity to house more than 400,000 OE and premium-brand auto parts.

Worldpac, a wholly owned subsidiary of Advance Auto Parts, celebrated the grand opening of its newest warehouse on Feb. 22 in Hatillo, Puerto Rico.

Members of the local community, including Hatillo Mayor Carlos Román Román, attended the ribbon-cutting ceremony.

Located at H-1 Metro Plaza Hatillo, Carr No. 2 KM 87.5 Marginal, Worldpac’s Hatillo warehouse measures more than 30,000 square feet and has the capacity to house more than 400,000 original-equipment and premium-brand automotive parts, serving most vehicle makes and models on the road in Puerto Rico.

Blaine Brothers Opens New DC In Minnesota

The 25,000-plus-square-foot facility in St. Paul is centrally located between all nine of Blaine Brothers’ facilities.

FleetPride Acquires Auto Masters Fleet Services In Florida

For the last 30 years, David Stringfield’s company has provided outstanding service for heavy-duty customers throughout Florida and southern Georgia.

2021 AASA Top Suppliers List Open For Submissions

The deadline to submit information is Friday, Aug. 6.

Total Specialties USA, Mighty Distributing To Partner

The TotalEnergies range of lubricants will be available in the Mighty network and will initially focus primarily on the Quartz Ineo and Quartz 9000 sub-ranges.

Other Posts

FleetPride Inks Agreement With TRW Reman Steering Gears

The partnership officially launched on June 1.

FleetPride Acquires All Pro Truck & Trailer of Rockford

All Pro was founded by Brian Hicks in 2000 and offers repair services for customers throughout northern Illinois and southern Wisconsin.

Tri-State Acquires WM Automotive

WM Automotive has the reputation in the industry for top-quality brand names, value-added service and well-trained people.

Mergers and Acquisitions Automotive Aftermarket
Xl Parts And The Parts House Grow Together

Since 2017, XL Parts and The Parts House have operated as sister companies owned by Marubeni Automotive Aftermarket Holdings.