According to an Autotrader study, 88% of prospective buyers use the Internet for their research, typically searching content on which car would suit their needs most, the best deals available for their budget, reading customer reviews all to narrow down where they go to buy their next car and when. People go online to research at every stage of the customer journey. In other words, countless digital micro-moments rule the buying process.
My wife melted–as wives who are businesslike but also caring are wont to do–and said, “We don’t need anyone else. You’re doing fine.” (He wasn’t, but what the heck.) “Tell me,” she asked, “have you driven one of these?”
Lease returns are pushing used car values down and presenting exceptional values for price-conscious buyers. These buyers are not just poor-credit buyers either. Prime-credit used car consumers have risen to 55% of the market, up from 49% a decade ago per Experian.
No matter what part of the world you consider, the brands within the auto industry are a blur of similar messaging, imagery and tone. That’s one of the results of a global automobile market study by Stealing Share strategists focused on automobile brands and models in the US and Europe, with further investigation into the Asia market.
When first considering a new car, the majority of consumers don’t know where to start. They will usually enter a broad search query on their mobile device, like “best car” or “best truck.” The brands and models that pop up in this initial search will have a lasting influence on what a customer decides to do at the end of the car buying journey.
If you are buying a car from an individual owner, make sure the seller properly transfers the title and registration to you. It’s important to close the deal correctly to avoid after-sale hassles. Before money changes hands, ask for the title (which is sometimes called the pink slip) and have the seller sign it over to you. Rules governing vehicle registration and licensing vary from state to state. If possible, check with your local department of motor vehicles to make sure there are no past-due registration fees you’d be responsible for should you buy the car. Whether you buy from a dealer or a private party, make sure you have insurance for the car before you drive it some, being surrounded by a squad of serious-looking people isn’t a matter of necessity. It’s a measure of status on the level of an expensive watch or a fast car. Firms will sometimes get calls from people looking for a way to get noticed by hiring a fleet of guards when there’s no threat involved. “It’s a luxury amenity,” Schissel says. “It’s more of a ‘Look at me, look at them’ thing,” agrees Moyer. “There’s no actual threat. It’s about the show. I turn those down. We do real protection.”
Jump up ^ Jared Lynch, Mark Hawthorne (17 October 2015). “Australia’s car industry one year from closing its doors”. The Sydney Morning Herald. Archived from the original on 27 May 2017. Retrieved 27 May 2017.
I’ve begun to see many dealerships switching over to the Grant Cardone style of sales or similar systems. It’s very pressure free for buyers while at the same time smoothly moves the sale forward. This typically translates to more sales and higher profits.
At Dealer.com, we believe that the automotive industry thrives when dealers, consumers, and manufacturers are completely connected. It’s what drives us to build the industry’s most tightly integrated, dealer-focused digital marketing platform. From digital advertising that automatically connects your inventory to likely buyers in your market, to digital retailing products that help you start and make deals faster than ever, to strategic advisory and managed services, no other solution allows you to connect more meaningfully with your online customers.
When done correctly, maintaining a social presence will get you more appointments, help you sell more services and vehicles, and boost your brand’s revenues. What other social tips do you recommend for marketers in the automotive industry?
Fact: Today’s buyers want to know everything there is to know about a product before buying. The more information you can share with them about your product the better. This helps position you as the expert your clients will come to again and again.
33. If a vehicle history report shows the car’s been in an accident and you still want to buy the vehicle, get it inspected by an independent mechanic or body shop. For a small fee, a body shop will likely be able to tell you if it was a major accident (think frame damage) or a minor one.