Kip Cassino, executive vice president of research at Borrell, believes car dealers are beginning to find ways to build brand identities in the digital world as it grows. He believes some dealers and ad agencies are holding tight to old advertising habits simply because they are comfortable with them, or uncertain of the mechanics of the new media.
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.”
For example, business managers must learn how to think in terms of a minimum viable product: build a simple version of what you have in mind, test it, and if it works start building. “You don’t build the whole thing at once anymore.… It’s really important to build things incrementally,” Ross says.
Other than in price, there’s little reason to choose one brand over another. That means shoppers find their cars by looking at price, dealerships and types of cars (like, sedan vs. truck). With the exception of a few (most fitting into the luxury category), no one is building a true brand preference.
You also need to be able provide vital information that the customer might be looking for. Do you have resources available to better help the customer (like a FAQ section)? Do you have a payment calculator or an appraisal tool? Do you have a live chat option?
Transformation to a Professional Salesperson or FAILURE. (approx. 9 – 12 months) – Within stage #3 is when you will hit a crossroads during your car sales career. You will either “get it”, and transform into a professional car salesperson, or you will “burn out” and quit or turn into a “use-to”, a term used to describe individuals that sold cars previously and don’t anymore. Apparently they were not very good at it.
Hi! I am brand new to the car business and would love any help anyone wouldn’t mind sharing! I don’t have a client base as I am coming from furniture sales and while our store is pretty busy, its hard to get my foot into it! Thanks so much!
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.
Whether you’re in the market for automotive SEO, automotive social media marketing, or reputation management, Wikimotive is here to answer your questions and help you discover ways we can improve your dealership’s digital marketing. Our team is headed by automotive retail veterans comprising nearly 100 years of retail experience who are passionate about helping dealers sell more cars.
The commission per car is much higher. But the volume is much lower. I have friends who sell popular brands (not exotics) who do well. So depending on the volume you could do better with exotics (like if you’re selling in Miami) but if you’re not in a large metropolitan area that bigger check will be fewer and farther in between
Turn your focus to the surrounding car dealers in your area. What are they doing, both online and offline, that you’re not? What’s working for them and how can you do it better? Take time to research their entire marketing scheme, and how it all works together (or how it’s not working):
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 these skills.
Your website is the digital showroom of your dealership and a blank canvas on which to paint your brand. It’s where first impressions are made, decisions are swayed, and deals are started. While we believe the car shopper is the most important piece of the puzzle, we don’t ever forget about the experience we provide for our customer: you, the dealer.
Used car leasing will become another option dealers will consider in 2018 as the depreciation is less significant in the monthly payment of a used lease. I also believe this will represent another favorable ownership alternative to younger buyers.
However, there is an opportunity for the local car dealership in this instance. As part of your content marketing strategy, you could publish content with the aim of buyers finding it in search engines, that assists them through each step of all five micro moments.
Thanks for the info. I’m at a brand new company, and what you’re saying about momentum is something I’ve been trying to explain to the inventor and the investor. We officially launched on the sixth of may, and our sales have been on a steady increase. The people really running the show are wanting an overnight success, and it’s hard to explain that that’s exactly what we’re experiencing, it’s just that it turns out that overnight success happens after a long, arduous journey.
It is impossible to really know how well a used car was taken care of by the prior owners. No matter how many inspections you do or how many reports you run, unless a mechanic tears the engine and transmission down, you’ll never know what hidden issues are lurking. My advice is that you should consider buying a new car that fits your budget so that you will be covered by the manufacturer’s warranty if there are any problems. You won’t get the bang for the buck or have as “nice” of a car, but you can avoid headaches and expenses.
“I have been surprised at how much spending remains in legacy media,” says Cassino, who tracks automotive marketing expenditures every year. “Even though it’s changing, and even though every year the factories spend more on digital and drag the dealers along with them, it’s clearly an arduous process to get folks to change their ways.”