This is important for a couple reasons. First of all, it saves time. If you don’t have to spend time on social media thinking about what to post, you’ll be able to post a lot quicker, and it’s not going to be as painful. If you already have a blog post written, that email and that landing page become very easy to create, because you have the core content.
23. If you trade in your car every three years or so, it may make more sense for you to lease a car. You’ll likely have a lower cost over the three years and if you decide you’d like to keep the car longer than the term of your lease, you can buy it when the lease is done.
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 away.
Today, GM sports Cadillac, Chevrolet, Buick and GMC trucks after dropping Saturn, Pontiac and Hummer in 2009. All total, GM currently markets 37 different consumer models in the US, 16 of which come from Chevrolet, with no easy way to navigate through the list.
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Think about that as an auto dealer. When you talk to someone who walks in, he or she might express price as one of the most important factors. Or perhaps color or safety are larger concerns. If we can identify the key buying factors, online or offline, we can target those customers in a personal way. Thus, you can combine personalization, the first trend, with the second trend of adaptive targeting.
Your first inclination may be to approach a customer and say, “Welcome to XYZ Dealership, I’m John. What can I help you with today?” That, however, is wrong. Never forget the Dale Carnegie quote from How to Win Friends and Influence People: “Remember that a person’s name is, to that person, the sweetest and most important sound in any language.” Get the customer’s name immediately — “Welcome to XYZ Dealership, I’m John – and you are?” — remember it, and use it throughout the entire sales process.
Uber guy came in the other day looking for a second hand car. Then one of my manager pointed out one car and told him you should get that car because its in a books. What is that mean, “the car is in the books”?
Choose a CRM software that’s made for your business. There are many CRMs available today, but “one-size-fits-all” software doesn’t work for car dealerships. Your workflow is unique, so choose a tool that understands how to support that plan.
After being physically and mentally disabled by a brain tumor, Brandon overcame the odds to regain his health to help his pregnant wife in her fight against stage 3 breast cancer. A couple of years later he launched his blog. Today over 1 million business owners read his blog every month. Read Brandon’s inspirational comeback story here.
Automotive Marketing has changed. The problem is, most dealers haven’t changed along with it. The internet has turned the way consumers research and buy cars completely upside down. They come in knowing just as much, if not more, than the salespeople because of this.
Lancaster conducted two packed dealer workshops on the opportunities of traditional media at last year’s NADA convention. He pleads that he is not anti-digital, and his agency assists dealers with digital marketing.
Social media marketing clearly offers huge benefits to the automotive industry – more brand visibility, more leads, and ultimately, more sales. But you must be 100% committed to maintaining a social media strategy. Once you start building up a fan base of social followers, you must continually engage and interact. If you go several days without posting or responding to comments, you will quickly lose your social credibility. When it comes to your digital presence, you only have a small window of opportunity to engage with online car buyers. If you don’t, you can be sure your competition will do so.
Undoubtedly, the traditional dealer channel will continue to play a major role, although most of the innovation and volume growth will occur elsewhere. In many other consumer-durables markets, multiple channels with different value propositions coexist quite happily. (See Exhibit III.)
Once you receive a commitment, either you or a manager will come in and close the deal. When you first start out, a manager called a T.O. will come in. His job is to bump the customer. The bump is getting more money from the customer.