How often are car buyers very informed? Like when you’re selling an Evo, how often is it the buyer is a real enthusiast looking for something fun vs some douchefuck that saw fast and furious and wants to add 20 turbos and 1000 shot of NOS to it? In the same boat, how often would an enthusiast come look at special cars like AMG cars or Evos just to come see them and oggle (I use to do this when the STi came to America, thinking I would never have money to have one)? Does this make most car salesman mad? Would you rather deal with an enthusiast who knows what he’s talking about or a soccer mom?
“Too many vendors are still perpetuating old digital marketing myths.” Says Sean Stapleton, CEO, Dealer Teamwork. “The current system is broken. 2018 will be a year of massive change. Dealership professionals will need to work harder and smarter. Half of the dealers will realize their performance won’t improve using the three or four vendors with same outdated solutions they’ve been using. Unfortunately, the other half will continue along their current path, miss their chance to improve, and let their competitors move ahead.”
15. Treat all of your customers like they own the dealership. When you treat your customer like they are the best customer you ever had it will return to you in many ways. They will send their friends and family to buy cars and they will also want to buy more cars from you in the future. Plus they will give you a great C.S.I. score or Customer Satisfaction Index which may mean a bonus if your dealer uses that as a measurement of compensation. One of the most powerful car salesman tips for building your referrals and earning repeat customers.
As one of the most recognizable leaders in the automotive industry today, it’s safe to say that Honda knows a thing or two about motor vehicles. But when it came to designing a permanent installation that would improve visitor and associate understanding of Honda’s philosophy and company…
Tony Hseigh, CEO of Zappos, had once made a woman friend of his call the Zappos call centre asking them to deliver Pizza in the middle of the night! And who’d have thought- they did deliver a pizza!. Although this is extreme customer-centric sensibility, you have got to sell your brand to your customer like they have never seen anything like it before!
Customers looking for a trade-in often times will value their car through Kelly Blue Book, but that value is only accurate if they can sell their car at full Kelly Blue Book retail. Every month a car loses 2% of its value, and then you have to attach all the expenses to it that make it ready to sell like tires, brakes, the noise in the back, that light that won’t turn on, the safety check, and reconditioning. Also, if another customer comes in and wants to offer less for the car than what it is priced at, the dealership will likely take it because they want to make the sale, thus the customer’s car is likely to bring in less than what they believe it will. Explaining this to your customers is important so they understand that you aren’t gypping them in price.
Pros: Good quality in everything but the C Class. Cars hold their value really well. The S Class at present is what the future of automotive innovation will be 10 years from now. Seriously. Everything you see in that car now is amazing, and will become the standard in the next generation of cars that cost 1/10th the price.
In the conventional dealer networks, tremendous improvement opportunities exist along two basic functional paths: reducing costs and raising customer satisfaction. Most manufacturers and many large channel players are jumping at these opportunities, given their magnitude. However, these players tend to select a limited number of programs, and they typically concentrate on single functional improvements independently or on a single functional path.
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.”
Incentives and advertising programs can have a big impact on each other. Yet automakers have traditionally treated fixed and variable marketing spend as separate activities managed by separate organizations, with the sales organization or a dedicated incentives team responsible for planning and managing incentive programs while the marketing organization is responsible for advertising and brand marketing.
Distinguishing clearly between the mobile platform and the desktop platform is of paramount importance when it comes to search engine optimization. More specifically, mobile platform has not just influenced the way businesses used to represent themselves over the internet but, it has entirely changed the concept of online branding. Now SEO experts…Continue
I’m new to car sales i was just hired at a BMW dealership and I’m diving in. I want to be the best salesmen i could possibly be, but this is my first time in car sales, and I’m a bit worried that I’m too honest.
Use the examples below as inspiration, use them to get your creative juices flowing, just don’t copy it exactly. I know you would not but I just wanted to add this quick note. Swipe the ideas all day long just do not copy them. Make them you!
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.
The foundation of your Dealer.com solution, Seamless Websites provide you with a fully optimized digital dealership experience. You can configure every aspect of your website using the industry’s most advanced mobile technology, merchandise your inventory more powerfully than ever, and even start and make deals through the most complete digital retailing experience in the industry.
Market to Millennials on InstagramA survey by Facebook discovered that millennials are leaving Facebook and are turning more of their attention to Instagram. Instagram, primarily used on mobile devices, is all about taking, sharing, uploading pictures and videos. Instagram provides a great platform to creatively share your brand’s story. For example, share pictures that allow consumers to imagine themselves in the moment – a picture of one of your vehicles at the beach, tailgating at a sporting event, camping, near a lake, or any creative way you can imagine to showcase the lifestyle your vehicle represents.
So what do you do? You’ve been in the car business long enough to know that buyers are online-based. Getting them into the dealership starts with smart marketing, focused targeting, and quality incentives. You’re in a time crunch, so it’s a good idea to follow a step-by-step process and focus on the areas that matter.
The BLS reported that jobs for retail salespersons, including car salespersons, were expected to increase by about 7% from 2014-2024, which is close to the average for all professions. According to 2015 BLS data, retail salespersons for automobile dealers averaged $45,280 annually.
Amongst the 2,000 car shoppers surveyed by Dealer.com, “Twitter has a 45 percent visitation rate, and 22 percent of respondents use it at least daily.” With that many eyeballs on Twitter, it is an essential part of any dealership’s social media efforts. Twitter is meant to be fun, informative, and immediate. If you want to succeed on Twitter, your posts need to have the same qualities.
Spring and summer are great seasons to get creative with your dealership marketing strategies. Just remember that no matter what you do, organize ahead of time, make a schedule, and have a reason behind every advertising dollar you spend.