So where is the auto industry at when it comes to digital? Let me paint a picture with some data, advertising data to be exact. If you don’t care for the numbers scroll on past the next two paragraphs.
[Stat] No matter the source, data shows these early research moments are increasingly influenced by video. In fact, of people who used YouTube while buying a car, 69% were influenced by it—more than TV, newspapers or magazines. (2)
Media measurement firm Nielsen Corp. confirmed late last year that TV viewing continues to decline across America, but it is still a core pastime in the average home. The average American adult watched four hours and three minutes of traditional live TV a day as of the third quarter of 2015. That was a decline from the same period of 2014 — but only by six minutes. Since 2013, average traditional TV is down by just 20 minutes.
Basically customers want transparency and our industry is still having a real hard time with this. However, there are a few good examples out there and Marcus is sure to sprinkle those real life examples into this talk.
SEO is not something you just throw onto someone’s plate. It’s a highly-specific service that requires customization, constant updates, and extreme care. And that’s exactly what you’ll get from Wikimotive.
If you buy a used car that is no longer covered by the manufactures warranty, you are at risk for expensive repairs. That’s why CarBuyingTips.com recommends that you get an extended warranty any time you are in this situation. In our extended warranty section, we review high quality warranty sites like CARCHEX and a strong competitor of theirs, Warranty Direct. Both of these companies offer extended warranties at much lower prices than you will find at dealerships. If you buy a 3 or 4 year old used car, chances are that the manufacturer’s warranty has expired and you will be liable for the repair costs. Don’t be fooled by high mileage “powertrain” warranties as these do not cover most common problems. Do your research to determine what is actually covered by the manufacturer and what isn’t.
Republic appears to recognize these second-stage requirements, at least in used cars. In April 1998, Republic acquired Driver’s Mart Worldwide Inc. The Driver’s Mart concept is not the same as AutoNation’s; it features more participation by the local operator, improved selling and reconditioning processes and smaller lots with lower inventory. Republic is also experimenting, through AutoNation, with a format called Value Stop (older cars, lower prices) and a dedicated center in Houston for used trucks, vans and sport utility vehicles.
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Most vehicle manufacturers in the United States and Europe have done benchmarking studies of Republic Industries and AutoNation. Some, such as G.M., the Ford Motor Company, Mercedes-Benz and the Nissan Motor Company, have entered into formal franchise agreements or even business relationships with Republic. A few manufacturers, such as the Honda Motor Company, Toyota Motor Corporation and Nissan, resisted Republic’s overtures at first in the courts and with state agencies. Yet each has come to terms in one way or another with Republic.
It varies. Specialty cars, like an Evo, are enthusiast ONLY cars. They usually know more than the sales people. In fact, I’ve seen on more than one occaision, a sales person get completely schooled by an enthusiast and blow the sale. With that being said, Evos dont’ get test drives. Sorry. It has a 1000km break-in period, and we’re not fucking with that engine. You know what you’re getting with that car, and it is… AWESOME.
Market Convergence, Regionalization and Globalization- because of the influence of liberalization, nationwide markets are rapidly globalized. This provides business a possibility to expand to latest markets, however also improves the risk of new candidate or improved rivalry in typical markets.
Automotive Thought Leader: Ralph Paglia Maryann Keller Calls Automotive Digital Marketing Shakeup Imminent …https://cardealerdigitalmarketing.wordpress.com/2018/03/01/automotive-thought-leader-ralph-paglia-maryann-keller-calls-automotive-digital-marketing-shakeup-imminent/ …pic.twitter.com/wZNV3UUFmj