Once you’ve defined your target and created the list, reach out to your networks to see if you are connected in any way to the person or organization you seek. This includes direct outreach – emailing or calling them – and exploring your LinkedIn contacts. Remember, you are looking for an introduction. That’s it! You want the opportunity to meet with the prospect. When your friend or associate introduces you to the prospect, follow up and set up the meeting.
The digital transformation of the automotive industry is well underway. The industry is becoming more connected everyday, and the connected consumer no longer has time for lengthy discussions with a salesperson, or hopping around dealerships looking for the right car. Marketers must speak to their customers at every stage of the customer journey, including in the decision making moments that happen on the go on their smart phones and even post-purchase. In order to thrive in this new environment, automotive marketers must embrace change and adjust their strategies to ensure that they are reaching the customer in these key micro-moments!
How much money are you spending on print each and every month? From what we know about dealers in general, we’re going to assume it’s in the tens of thousands each month. Now, how are those working out for you? Can you even tell anymore?
As local search is an extremely powerful tool it is worth investing in SEO or being aware of what keywords you rank for. To receive a manual SEO audit report for your website, click here and see what your score is.
Most training in sales, specifically, is done on the job. However, some salesmen may spend time at a national training center learning about each model’s features, general negotiation strategies, the culture of the company they work for, and the manufacturing process, according to the Princeton Review.
Articles published in strategy+business do not necessarily represent the views of the member firms of the PwC network. Reviews and mentions of publications, products, or services do not constitute endorsement or recommendation for purchase.
16. Get a good explanation of your new car’s features. I’ve met so many people who traded in cars after years of owning them without ever knowing how to use some of the features. And in some cases, they didn’t even know the car had a particular feature.
And why is that? For one, who knows the real difference between any of the brands. The advertising and messaging are so alike and meaningless it’s no wonder car shoppers find little to choose from. For example, here are the main messages for each of the Buick models:
More dealers agree with Folsom than the merchants of digital marketing probably would care to admit. Even as the industry rushes into a more Internet-based reality, big money still is going into legacy media.
Direct Mail is the only thing we focus on. Our marketing team and designers have put together some of the best artwork in the business to attract the customers you’re wanting in your showroom. Call Paxton Automotive Marketing today to schedule your next event!
He went off and came back with a 0% loan, which if I took it got me another $500 cash back. I asked about early pay off, he said no penalty, but if I did it in 6 months or less they would charge the $500 back to the dealership, and he would appreciate if I didn’t do that.
Have you ever asked for a discount when you buy a TV or major appliance? Just like everything in life and in business you are going to run into people that are greedy and out for themselves. Please remember this the next time you go car shopping.
The next time you see a performer surrounded by looming personal protection staff, don’t assume he or she is footing the bill. “A lot of celebrities can’t afford protection,” Moyer says, referring to the around-the-clock supervision his agency and others provide. “Sometimes, it’s the movie or TV show they’re doing that’s paying for it. Once the show is over, they no longer have it, or start getting the minimum.”
Wholesale Vehicles: The opportunity to buy vehicles from one dealership or auction and then sell them a few days later to another dealer or auction is quick way to generate profits. Since vehicles are only held a few days, consistent, steady profits can be made in the wholesale market. This is also another area where we encourage our members to work with each other, to make the most of regional wholesale price differences. I invite anyone who is interested in wholesaling to contact the office at 888-207-1911, so we can discuss this niche within the auto industry in greater detail.
Support Overall Brand Initiatives: Consistency is the name of the game when it comes to automotive marketing. Auto shows, road shows and dealer events must fit in with your larger brand objectives. Each GPJ experience is designed to build on brand sales in your key markets.
6. When you’re trying to negotiate a lower sales price, give the dealership a reason to discount the price. If you’ll use the service department, say so. If you’ll refer friends, be sure to say that, too. If you’re likely to give a perfect survey or buy a future car from them, share that with the dealership, too.