The first thing you should do to take advantage of the increasing mobile market is to make sure you have a mobile friendly version of your website. The easiest way to make your website is mobile ready is to create what is called a “responsive” website. Responsive websites adjust their size depending on the size of the screen they’re being displayed on. This works ok, but you need to make sure that your whole website is designed to resize; if just one image won’t adjust its dimensions, it can throw the whole site off for your mobile browsers. A better option is to create a mobile site from the ground up. That way you have a site designed to work on the small touch screens of mobile devices without worrying about whether the add-ons and extensions you have installed on your traditional site will work on a smartphone.
As more in-vehicle audio and entertainment options become available to consumers, the question of satellite radio’s relevance has become more prominent. Most vehicle sold today have satellite radio at least as an option, if not standard, and most new car buyers are given a trial subscription, usually anywhere from one to six months. This gives […]
The average car salesperson’s salary in 2012 was just under $45,000. And it doesn’t come easy. Many salespeople work purely on commission, meaning they only make money if they sell a car. “We’re not paid anything for standing there 12 hours a day and not selling,” says McDonald. “And if I work a whole week and don’t sell a car that week, I make nothing. When I do finally sell a car, I might make a minimum commission, which at my dealership is $125. When you divide that by 60 to 90 hours a week, it’s nothing.” Smith agrees, citing an average success rate of about 20 percent. “We lose in this industry a whole lot more than we win.”
Cash prices mean that there’s no negotiation or way for the F&I (Finance) guy to make money. You have a finite amount of money at your disposal unless you can be convinced to finance AND put money down. Dealerships get mad about that because they can’t make more money off you. As a salesman, you’re the easiest people in the world because once we cover the prices, we find you the car, and you’re happy. You’re in and out in two hours, tops. You’re also the least amount of hassle because we don’t have to run your credit, we don’t have to negotiate monthly payments, we don’t have to worry about competing offers from different banks. You’re what we call a “done deal” as soon as you walk in.
Utilize apps that can help your customers locate the specific car to meet their needs without having to go through your entire lot. Sit down with them, pull up your inventory through the app, and have them plug-in all of their criteria. In return, they’ll get a list of vehicles to look at and you won’t have to use any sales tactics to have them look at your inventory.
How do you buy word-of-mouth? Well, you can’t. Not really. But you can make sure your name is on a lot of lips. of Plano realized that Uber patrons might well be in the market for a car, or soon to enter it. A shiny new car rolling up with a Toyota of Plano license border is great advertising. Even better advertising, is the conversation the Uber driver and patron might have about the car, and by extension, the dealership. By offering awesome deals to Uber drivers, Toyota of Plano builds a word of mouth empire that more than pays for itself in referrals.
Of course, not all CIOs are ready for these changes. Just as high school has a lot of false positives—genius nerds who turn out to be merely nearsighted—so there are many CIOs who aren’t good role models for transformation.
Auto dealerships can no longer compete on price alone in an age where customer experience has become the new competitive commodity and consumers have the luxury of comparison shopping on line. Two studies conclude that in the age of the empowered consumer and changing expectations, auto dealers must change too.
Just the warranty. If an engine blows, or there’s a major drivetrain issue, it can get expensive very quickly. Aside from that, depreciation is about 20% on every new car, sometimes up to 40% if you’re buying a model that has a lot of fleet (rental) sales.
The process of purchasing a new or used vehicle can be a long one. A great deal of research is involved before making a decision on a vehicle, so it’s worth identifying how you can help the consumer with this process.
Now, assuming you DO have a website, social media pages and an digital advertising budget, you might be sitting there and asking yourself “Am I doing this right?” or “Is my online presence effective?”
You betcha, but every little thing helps… It will add to the perceived value of your personal brand, it will enhance the uniqueness of the customers experience with you and without a doubt make you different than any other car guy/gal.
No matter the segment, data is the currency that unlocks an automotive marketer’s competitive advantage. Data-driven marketing is not a new concept, but its integral role and realization of the range of potential inputs are realities now more widely embraced than ever before, even compared to a few years ago.
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.
GM is now the largest US automaker and it was founded in 1908 as a merger of the McLaughlin Car Company and Buick. At that time, automobiles were just for the privileged few. They were expensive and it wasn’t until Henry Ford invented the assembly line five years later that cars became something the mass public could purchase.