No.3: While one person should lead the effort, train multiple people on how to use your digital marketing tools. Salespeople should look at this as a career builder. They should be clamoring to learn these skills.
Dealers will also realize the importance of relevancy as a cornerstone element of their marketing strategy. Here is several items dealer must focus on in 2018 to gain a competitive edge as consumer search behavior, expectations, and search engine technology changes.
Once you receive a commitment, either you or a manager will come in and close the deal. When you first start out, a manager called a T.O. will come in. His job is to bump the customer. The bump is getting more money from the customer.
Content like this appeals to many more people in your marketplace then content about your latest makes and models, biggest sale of the year, oil change discount etc. Content like this builds relationships and we all know relationships sell cars.
The conundrum that for many, especially the US automakers, their house of brands grew organically and they did nothing to address them. In addition, the emotional aspect that the manufacturers had in the 20s has become trite, expected and all about the car.
The BMW Infographic application showcases several key stats for their Facebook fan page including the most viral post, most popular video, and a tag cloud showing popular words used by fans: Love, Nice and Awesome top the list.
Depends on the make and model. Lease is good for certain things, like if you want a low payment and don’t go on road trips / drive long distances. Buying is a commitment, so you’ll own it for AT LEAST 4 years.
Digital transformation amps up the urgency for building diverse teams even further. “A small, focused group simply won’t have the same breadth of perspective as a team that includes a salesperson and a service person and a development person, as well as an IT person,” says Ross.
The image of the sleazy, greasy car salesman is (kind of) unfair, at least based on my recent experience buying a car. The car dealers I worked with came across as neither; that said, it was clear they knew what they were doing and they weren’t afraid to employ some tricks of the trade to reach a mutually acceptable price. These weren’t even necessarily dirty tricks, just the tools of a skilled negotiator–the ones you would use, too, if only you knew them.
This access to pricing may, to some, seem like the beginning of the end of auto sales careers, as dealerships may only need to post their vehicle pricing on the car’s windows and have someone on staff to answer questions, hand over keys for test drives and help customers fill out paperwork. This reality is far from reality.
The automotive industry began in the 1890s with hundreds of manufacturers that pioneered the horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, the world had 32,028,500 automobiles in use, and the U.S. automobile industry produced over 90% of them. At that time the U.S. had one car per 4.87 persons. After World War II, the U.S. produced about 75 percent of world’s auto production. In 1980, the U.S. was overtaken by Japan and then became world’s leader again in 1994. In 2006, Japan narrowly passed the U.S. in production and held this rank until 2009, when China took the top spot with 13.8 million units. With 19.3 million units manufactured in 2012, China almost doubled the U.S. production, with 10.3 million units, while Japan was in third place with 9.9 million units. From 1970 (140 models) over 1998 (260 models) to 2012 (684 models), the number of automobile models in the U.S. has grown exponentially.
Dealers need to evaluate their current marketing process and determine its ability to merchandise each make and model available for sale. The most effective automotive marketing solutions in 2018 will provide dealers the ability to accomplish the following activities easier and faster, using one convenient solution.
By Bob Myhal By Bob Myhal Digital Director – CBC Automotive Marketing As with all forms of marketing, digital marketing boils down to reaching the right audience with the right message at the… Read More
We are a Co-op, SAF, and PAP approved vendor for all of the major automotive manufacturers. Our team is trained to know exactly the standards and specifications required each month required by your manufacturer to get you approved, and get the most out of your advertising dollars!
The hands off approach — walk up to a potential customer, shake hands firmly and offer a quick greeting. Then, hand them your business card and say “Hi my name is X, here are my contact details. My desk is over there, so take a look around and when you’ve found something you like or have questions come over and I can assist you. Also, if another salesperson approaches you, inform them I am assisting you.” (The problem with approach is your customer won’t likely feel any attachment to you, and so they may move on to someone else or leave the dealership with no information gained.)
As is typical for retail innovators, Republic is now striving to greatly improve the car-buying and ownership experience for consumers. Republic announced in September 1998 that it was not going to sell cars the old-fashioned way in Denver. Under the Denver plan, Republic will switch to a one-price, no-haggle sales approach similar to the one pioneered by the Saturn division of the General Motors Corporation. But Republic goes further than Saturn. Republic’s customers, the company announced, are to be offered “membership-style benefits that will give them access to a wide range of automotive retailing, service and financing options, along with vehicle rental discounts and other related products and services.” As the program develops, Republic says it will “introduce an integrated e-commerce shopping alternative and a comprehensive customer service center.” Republic plans to roll out the program nationwide to the more than 350 franchises it has acquired since 1995.
Don’t work for a domestic dealership. Don’t work for any dealership that doesn’t give you AT LEAST a two week training program. If they invest in training you, and they’re serious about it, it means they care about keeping you, not just throwing a body on the floor and hoping they make it.
A trick some men use when negotiating with women is to make them feel guilty simply for negotiating, says Miller, by putting their relationship in the balance. “They use their friendship or their relationship to get women to agree to something they might not otherwise agree to. I call this the empathy trap.” This isn’t exclusively something that men do to women, of course, but because women often put more value on relationships, some negotiators will exploit this.
Friend or salesperson?: Often people go to someone they know to buy their car because they think they will get “hooked up” with a sweet deal. But just stop a second and think, if a sales person “hooked up” everyone they knew with great deals, the dealers wouldn’t be making the money they wanted to make. So the sales manager always wants to know from the sales person two things. First, “Do you know these people?” followed quickly by, “How much can you get them for?”
Working with Paxton has been amazing since we switched all of our direct mail marketing to them earlier this year. Ever since moving my marketing to Paxton, my ups, deliveries and traffic have pretty much doubled and in some cases tripled—I would have never thought that was possible as a staffed event company, but, I’ve see the results and I would never use anyone else. Automotive direct mail still works and Paxton seems to understand how to navigate these tricky waters. Not only do they have slick marketing pieces already built, but Paxton let’s me propose my own ideas and they make them a reality. How many other automotive marketing companies can you call and actually speak to the owner directly pretty much anytime of the day or night? I’ve only had this experience with the Paxton team and I cannot recommend them enough.
Try asking more directed questions like “Are you looking for a sedan or SUV today?” or “what type of vehicle can I help you find today?” Customers may still be disinterested in your help, but you have a lot better chance of keeping their attention and it will be much less awkward if you follow them around the showroom. This also allows customers to share their thoughts on the type of car they are looking for and allows you to match the needs of your customer with one of your vehicles.
Incentives and advertising programs can have a big impact on each other. Yet automakers have traditionally treated fixed and variable marketing spend as separate activities managed by separate organizations, with the sales organization or a dedicated incentives team responsible for planning and managing incentive programs while the marketing organization is responsible for advertising and brand marketing.
Strategy 3. Build relationships with your customers. For each month that goes by, customers lose 10% of their buying power. Create a customer database and contact them on a regular basis. Mail them a postcard, birthday card, sales flyer, newsletter etc. to keep your name, phone number, and service on their mind.
Automakers should consider themselves as branded houses in which the individual brands support the overall brand promise through their own meanings, diverse advantages and unique places in the market.
Have a seminar once per month that discusses how car owners can fix common service issues with their vehicles on their own to draw people to your lot. Make the seminar be free and give folks a good discount on a vehicle if they decide to purchase one that day.