As long as there is competition in the marketplace, a need will remain for sales professionals. While pricing may no longer be a point of negotiation, consumers will are still more likely to buy from someone they like and trust than from someone who rubs them the wrong way. That is where the continued need for sales professionals comes into play!
With figures like these emerging from several different studies, any car dealership or manufacturer that is not using social media marketing is likely doing considerable harm to their business prospects.
My dad always said, “Don’t answer a question with a question,” but in this case, there’s a pretty good measuring stick when it comes to advertising effectiveness. Are you increasing your market share? Assuming that your people, location, inventory, etc. aren’t changing, the best way to measure your advertising’s effectiveness is to measure your share of the pie versus your competitors’. Surely, customer traffic counts can be considered a measuring stick as well, but few dealers are great at logging customer traffic, and in today’s business climate, increasing the number of secondary finance leads at your dealership will do very little to increase your sales.
The reason these are so important is because it helps change public perception about your dealership. Because if users see that your dealership has a 2 out of 5 rating, they’re going to assume that you have terrible service. Using Wikimotive’s Reputation Management strategy, not only will you have more positive reviews–which will increase your overall rating on review sites–but you’ll also have responses in place to show potential customers that you don’t just ignore issues when they’re brought up.
“Cons: Owners are douchebags who social climb by brand. C Classes are fucking glorified taxis. WAAAAAAY overpriced. Terrible warranty. Maintenance on everything is ridiculously expensive. Other MB owners assume you’re part of some elite club. More marketing than substance.” …. Followed by this, further down the page:” So like – can I demand $5k off when I’m buying a benz or not?” Match-point, sir. No “please”, no “thank you”, just a chizzler who still wants the Merc badge. Sigh. My hat goes off to you, EquinsuOcha for having survived as long you did.
Personally, I like the ad “The Station.” While it may not promote solid MPGs or tell me why I should buy TDI over EV, PEV, or a Hybrid, it definitely is memorable and tells me Audi makes diesel cars, not that an automotive enthusiast needs a reminder.
I am reading all of these comments and there is just one thing missing. I am currently in the car business and I make over 6 figures a year. Here is the one thing that is missing, you have to build the value in the brand that you are selling, which means that you have to focus on what is important to the customer when it come to their next vehicle. It is really just that simple. I focus on how that vehicle will change their life and provide them with everything that they had hoped for in their next vehicle. And they get a well crafted presentation and demonstration all of the time!!! From their you get your good gross deals and your repeats and your referrals!!! People don’t mind paying a little more for something especially if they think that the sales person did a great job! Focus on value and what the customer perceives as value!
General Motors and UzAvtosanoat have a joint venture called GM Uzbekistan, UzAvtosanoat owns 75% and General Motors owns 25%. General Motors and UzAvtosanoat also have a joint venture called UzDaewooAvto both each hold a 50-50 stake.
General Motors and Shanghai Automotive Industry Corporation (SAIC), both have two joint ventures in Shanghai General Motors and SAIC-GM-Wuling Automobile. Both also hold an equal 50% stake in General Motors India Private Limited.
In a way, dealerships are the keepers of the brand’s flame, which is why we’ve always wondered why so many car dealership commercials are so amateurish and, often, ridiculous. What are they trying to achieve, other than copying Cal Worthington?
There are all types of community events during spring and summer, so don’t miss opportunities to sponsor some of them and get your dealership’s name out there! Visit your town’s website (and neighboring towns) to get a feel for an event’s fit with your dealership’s mission and business model. Think of your target customer base and what events they might attend.
Another way your dealership can be relatable is to make consumers feel as much like they’re in control as possible. You want to answer consumer questions or inquiries before they even think to ask them. On your social media pages, post pictures of your actual showroom so that consumers have an idea of what look like.
Change and innovation are the lifeblood of most retail businesses, but the automobile retail industry has been remarkably resistant to transformation. As a result, the industry suffers from an outdated and expensive channel, and most consumers feel short-changed and ill-treated in the bargain.
Use Twitter to Drive SalesMarketshare research discovered that in 2013, Twitter drove $716 million in car sales. Twitter continues to be a popular choice among auto consumers. Recent research by Canvs found that more than 327,000 auto-related tweets are sent out daily, and 75% of these are directly related to owning or shopping. Using keyword targeting, these signals can be picked up and direct messages and advertising can be sent to those consumers who have displayed purchase intent.
But it’s not just the fact that newspapers top the list of America’s disappearing industries–it’s the fact that digital is cheaper, easier, and more effective in generating ROI. With platforms like Google Adwords and Facebook Ads, you can custom tailor an unlimited number of unique ads to target different keywords, demographics, and locations. You just can’t do that with a newspaper (or other forms of traditional marketing for that matter).