Walk the floor each morning. In order to compete with other salesman and to show your customers you are genuinely interested in the cars you are selling them, know what’s on your showroom floor. Learn the cars on hand, any specials your dealership is offering, cars that may be good for people with bad credit, and anything else that could be beneficial to communicate to your customer.
Over the years we’ve seen automotive dealerships waste tons of money due to ineffective, untracked and just plain bad marketing. This “marketing waste” was costing dealers over a million dollars ever year. That’s not OK with us.
Sales associates in car dealerships often get a bad rap. While the stereotype has the car salesman shouting out the latest, too-good-to-be-true offers and moving consumers into vehicles they don’t need or want, the profession actually requires a keen understanding of cars and the people who drive them. Automotive dealership sales associates work long hours and face persistent pressure to make their quotas and keep their positions.
When CEOs, celebrities, and the extremely wealthy need personal protection, they call in men and women with a particular set of skills. Bodyguards provide a physical barrier against anyone wishing their clients harm, but there’s a lot more to the job—and a lot that people misunderstand about the profession. To get a better idea of what it takes to protect others, Mental Floss spoke with several veteran security experts. Here’s what they told us about being in the business of guaranteeing safety.
I’ve been following Marcus for the last few years and his story about turning his swimming pool company around back in 2008 using content marketing is one of my favourites. Marcus brought some real interesting perspectives to what he though was wrong in the car business. If you aren’t reading his Sales Lion blog you need to start.
Many CIOs are enjoying this kind of moment now, as companies everywhere face the business of a final exam for a vital class they have managed to mostly avoid so far: digital transformation.
Hello my name is Mark, i have been self employed since high school doing landscaping. I am 46 now and want a change. I am thinking of car sales but nerves to change careers. Any advise ? I can be reached at email@example.com thanks
Stage Two: Here channel evolution is focused on meeting the needs of specific customer segments. Channel functions are unbundled and restructured into more efficient or more appealing formats for defined groups of customers. Customer value is further enhanced through lower prices, better service or greater variety.
What’s more, by leveraging big data insights and partnering with resources like Google, dealers can evolve the existing noise of irrelevant online information into actionable consumer insights. With this knowledge, marketers can develop content and campaigns that increase inventory turnover rates and convert bottom-of-the-funnel buyers.
Such organizations are not building in the capacity for change; they’re trying to get away with just doing it once rather than thinking about how they’re going to use digitalization as a means to constantly experiment and become a better company over the long term.
In-car marketing can exist in many different forms. For example, after a certain amount of distance is driven, automotive service companies or manufacturers can use a car’s navigation system to let a driver know when they should go in for a tune-up. Or, when a driver is cruising around a new city, they can be given suggestions of nearby restaurants and gas stations. The variety of collaborative advertising partnerships that can be made through in-car marketing are endless – partnerships that were never before possible to automotive marketers.
Expect to see more medium and large dealer groups introduce new vehicle buying alternatives. The new dealership programs will provide a different level of experiences and flexibility that will have a massive impact on the concept of vehicle ownership.
But it’s not just the fact that newspapers top the list of America’s disappearing industries–it’s the fact that digital is cheaper, easier, and more effective in generating ROI. With platforms like Google Adwords and Facebook Ads, you can custom tailor an unlimited number of unique ads to target different keywords, demographics, and locations. You just can’t do that with a newspaper (or other forms of traditional marketing for that matter).
You know the ads. “Come on down for our big end-of-the-year close-out!” the announcer yells. “HUGE savings on every model! These cars have GOT TO GO!!!” Before I got into sales I used to laugh at these ads. I thought Big Sales were for suckers. I thought I was so smart I could walk into any dealership at any time and get as good a deal, or better, than the ones being advertised during the “Big Sale.”
4. Deliver and build. Deliver on what you said you were going to do for the prospect. Then make sure you build the relationship. Don’t expect them to stay with you or use you for other needs if you aren’t taking the time to build the relationship with them. The sales process doesn’t end with the sale.
We could show other examples where the brands, with few exceptions, are not being coveted because the sales of their individual models are unstable. And, all of these are reasons to consider rebranding automobiles.
Run an incentive to get people into your showroom. Enter anybody that comes in for a test drive into a competition. Offer something such as a vacation or car accessories as a prize. Advertise your offer through your website, social media pages and traditional marketing activities. Make sure you have adequate staff available to take customers out while you’re running any such competition.
While Tesla is starting with expensive vehicles, they clearly have mainstream ambitions. They are investing to build a big car company. How hard is it to build and sell cars in the USA? Look at it this way: Tesla is the second oldest publicly traded auto company in the United States behind Ford. GM went bankrupt and went public four months after Tesla. Chrysler remains private following its own reorganization.
Provide a shuttle for community events where parking is at a premium and you’ll encourage people to show up for some fun when they maybe wouldn’t otherwise. It’s also another chance to extend your branding, build relationships, and solve a problem all at the same time. The best shuttles are free, but you may be able to charge a small fee for the service in some areas.
The National Automobile Association (NADA) sponsors various types of training. NADA’s Academy offers six different programs for careers with a dealership. Among these are Operations, Department Management, Fleet Sales, and Consumer Sales. The NADA General Dealership Management Academy prepares professionals for general management roles and includes classes in financial analysis and decision making. NADA’s Special Ops program provides in-depth specialized training for sales, service, and parts managers.
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.
When I buy a car I research the bejesus out of the things and usually walk in with a print out of the exact model, package, and options I want. I’ve never actually bought a car on the lot, its always special order and I pretty much know what the negotiated price should be. I have a bank loan lined up and don’t need your credit dept.
The “follow the customer” axis means building more direct relationships with a targeted set of customers to define their needs, develop tailored marketing programs and stake out unique brand positions. Identifying these customers and keeping them happy will require substantial investments in market-understanding capabilities that go far beyond the functional, demographic and pyschographic information that most manufacturers study today.
Negotiate a price that is 5-15% less than what the dealer is asking for. It’s not that hard. Lookup “negotiate price used car” on google and read up. When you’re done negotiating, tell them to print/fax the final offer you agree on and then take the car to a dealer specializing in that make, or a specialty auto shop, and have them do a ‘pre-purchase inspection’ ($100-200). You will need to sort this out with the shop a day ahead (or two). Let the dealer know ahead of time that you will be doing this. It’s okay and expected. The shop doing the inspection will tell you if there are any serious problems. If so, abandon the sale or negotiate lower.