Starbucks has done an excellent job of storytelling on social. Coffee is more than just a caffeinated experience; it is about time with friends, relaxing, and indulgence. And the automotive industry can do the same. The company Purple featured a great blog, “How Storytelling is Shaping the Automotive Industry,” which showcases 7 examples of excellent storytelling campaigns by auto brands.
2. People need to have cars and they have to buy them somewhere so it might as well be from you and your dealership. No matter what they say when you first meet them, they want to buy a car. They didn’t come to your showroom to waste a few hours. They came to buy a car and it’s your job to sell them a car by determining their buying triggers and satisfying their needs while making use of your car sales techniques and training. This is one of the car salesman tips that salespeople often forget when they are working with difficult and demanding car buyers.
Delivering this across 64 markets (with 24 Languages) was a big technical challenge, but it’s been a big success, with 83% of dealers using the app regularly, and enabling Volvo to keep all its staff up to date quickly with regular updates.
Leverage purchasing power. Dealers can also capitalize on economies of scale. The economies result from lower costs in areas such as financing, advertising, management personnel, payroll handling, insurance, supplies, administrative functions and parts purchases. The reported cost savings from these economies alone can be as high as 20 percent of a dealer’s total costs. B.B. Hollingsworth Jr., chairman of Group 1 Automotive Inc., one of the leading consolidators in the country, says that his company has “discovered more economies-of-scale savings than [it] initially expected.”
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.
The need to manage supply leads to order-to-delivery initiatives. These offer two potential benefits: a reduction in new-car inventory levels throughout the supply chain, and, perhaps more importantly, sharp reductions in the cost of sales-incentive programs over the inevitable peaks and troughs of the sales cycle. But these benefits cannot be realized fully without managing used-car inventories as well.
Thanks, this is awesome, I tried this strategy on my client, life insurance company. The agents created sales process based on this I tried it on flyers and facebook page. It worked like magic. They now have leads chasing them.
But now, as the days are getting longer and you’re able to leave the house without seven layers, it feels like things will be looking up. If you want to capitalize on the heavier demand in the coming months, though, you’ll need to get your dealership marketing strategies organized and on point.
Car dealerships typically require their sales people to have only a high school diploma. As is the case in most retail sectors, car salesmen tend to learn their skills via on-the-job training. A college degree may enhance employability in management roles, particularly with large dealerships or for individuals who aspire to own their own dealership.
Mobile-first users use both m-sites and apps in their research as each proves to be more useful in different aspects of the research process. For example, mobile websites are the preferred platform for comparing vehicles, whereas users use apps to get warranty information or research the nearest dealer. Desktop still dominates activities such as customising vehicles, since only 68% of mobile auto sites have customisation configurators, compared with 93% of desktop sites, L2 Digital Index reports.
Advancements in data insights and mobile technologies have also given dealerships new ways to target in-market auto and service shoppers by mobile IDs. Mobile targeting has generally taken the form of audience targeting, such as targeting based on device, apps, site user is visiting, and assumptive “look-alikes. Real-time location targeting targets every device within a store’s proximity such as beaconing and geofencing. However, unlike traditional mobile marketing, which only targets the device, new technologies can target the actual consumer during the crucial 48-72 hour period when they’re making a buying decision.
The best thing you can do is track your marketing campaigns with as much data as possible. Use surveys to find out if people found you through traditional media. Online marketing has the advantage of being much easier to track, so you can gather data on your website and social media traffic to see what’s resulting in conversions.
So after hosting 3 of these conferences I haven’t been moved as much by any speaker as I was by Marcus Sheridan. Okay, that’s a lie. Theo Fleury was unreal last year but it’s pretty hard to compare those two topics.
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The next time one of the vehicles you stock appears on Top Gear, go on Twitter and tweet about it! Give your thoughts on the review, compare your experience; ask questions to elicit opinions, start a conversation, and let the “twitter-verse” know that you have the car available for test drives at your dealership, so they can find out for themselves.
Fujian Motors Group holds a 15% stake in King Long. FMG, Beijing Automotive Group, China Motor, and Daimler has a joint venture called Fujian Benz. FMG, China Motor, and Mitsubishi Motors has a joint venture called Soueast, FMG holds a 50% stake, and both China Motor and Mitsubishi Motors holds an equal 25% stake.
9. When deciding where to buy, read online reviews to help you pick a dealership. In addition to checking their ratings, see if the dealerships you’re considering include free perks such as lifetime oil changes or free car washes. Or free manicures and massages.