We’re ‘gearing up’ for The Digitals on June 27th, so we thought we’d take a closer look at some inspiring examples that really caught our eye, starting with our Automotive category so expect speed, dangerous curves and terrible car-based puns aplenty…
The power of video is a source that automotive marketers have to leverage. According to Google, 1 in 3 adults in the US watch some variety of automotive video on YouTube every month, and those videos have a huge impact on their decision to buy. YouTube is a go-to resource for people researching their next car, and 69% of those who do are more influenced by what they see on the platform than in traditional media.
Hello, love the advice and everything but I work at a dealership where we have very little walk ins. I have a small list of contacts and they were all called. What can I do to get some footsteps through the door or have customers come in and see me?
Now that movies and TV shows are frequently filmed all over the world, instead of just on sets in Los Angeles, food stylists can be based anywhere. There is a concentration of stylists who live in Vancouver, British Columbia, for example, because that’s where many shows are now filmed. Labor laws also often require production crews to hire locally, so residing outside of L.A. can be a real advantage.
The Dealer.com study outlined it this way, “the use of social media as a resource in the buying process is still in its infancy, and it trails traditionally used resources, including manufacturer, third-party or dealer websites, and expert and consumer ratings and reviews.”3
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.
Create a schedule to review your current efforts on a monthly basis. Crunch the numbers to see your ROI and make changes are you go along. Also, if something is working well, don’t fix it of it’s not broken.
The Mini Dealership is always awesome as well. Been to several across the country and they all seem to be filled with the same eccentrics working there. I don’t think that sentence makes sense. “same eccentrics ”
Automakers should consider themselves as branded houses in which the individual brands support the overall brand promise through their own meanings, diverse advantages and unique places in the market.
Abstract Many observers of the American automobile industry have focused on Ford’s development of mass production shortly before the First World War; they have then moved to General Motors’s success in the 1920s, usually attributing it to a marketing innovation, the
Erik Almadrones is a managing director with Deloitte Digital. He has experience in marketing strategy, brand planning and forecasting, customer analytics and revenue management. He brings broad experience in automotive, retail, consumer packaged goods, consumer technology and travel/hospitality.
Traits such as patience, usually considered positives in daily living, are viewed as negatives. During the interview, you may also be asked questions that seem to make no sense. Forget logic, and simply answer immediately and confidently with whatever comes to mind. Sales managers in the car business realize that portraying an air of knowledge and competence is more important than stating facts.
Yes, but you’re better off waiting until closer to the end of your lease – say 6 months left. They usually have early buyouts for those. Your name will be on a list when it close to that time, and holy moose-fuck will they badger you. I do not envy your mailbox.
If the car dealer exercises its right to cancel the purchase contract within 10 days, you are not required to sign a second contract to purchase that same car. Let me repeat this. A car dealer cannot force you to sign a second contract. If the car dealer cancels the purchase contract with 10 days, you are obligated to return the car, and the car dealer must give you back any down payment or trade-in that you gave with the purchase.
Automotive marketing companies that focus on direct mail are a great way to generate the traffic needed for a top notch car marketing event. More and more of a dealer’s automotive marketing budget has been going to automotive marketing companies that spend money on electronic advertising (websites like autotrader.com and cars.com, email marketing, CRM programs, etc.), leaving less and less money for direct mail. With less direct mail in the market, your potential customers are receiving fewer car marketing mailers than ever before. That makes YOUR automotive marketing message stand out in the mailbox.
Enthusiasts are usually what we call “strokes”, or people who will sit there for two hours jerkin you off about the car, with no real intention to buy. Managers hate them, but I tend to like them because I get to test my product knowledge and maybe learn a little more. They never buy though. Love the guys, but they never buy.
I once sold a car to a man in his early 20s. He came in with a buddy of his and wanted to test drive an older Mustang we had, a Mustang that had been on our lot for quite some time. But he didn’t buy that day. He came back a few days later with the same friend, but I was busy with another customer at the time, so a friend of mine who is my “floor partner” helped him.
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.
If you like the car, consider having it inspected by a mechanic before you buy it. If you don’t have a mechanic, Google and Yelp are good places to read local shops’ reviews. A pre-purchase inspection costs about $100 and can alert you to problems you may not find yourself. It’s a smart investment.
The question will be how much MasterCard charges for that financing and whether Basware will link to any other financing providers, whether banks or perhaps nontraditional players like hedge funds or pension funds.
In the auto industry, the advanced analytical tools and measurement capabilities required to generate deep insights like these are still in the early stages. However, most automakers now recognize the importance of identifying and proving the impact of marketing activities in real time, and they are starting to ramp up investment in this area.
Use technology to target customers based on their geographical location. This digital marketing and advertising tool allows you to deliver relevant ads to customers who are within a certain radius of your car dealership. Potential customers will receive a quick notice on their phone that will then direct them to a lead magnet for your car website. By offering a coupon or special discount right when potential customers are close to your dealership, you can increase conversions and shoppers away from your competitors. Contact Potenza Autor Dealer to learn how we can make geo targeting work for you.
Falk Rieker, Global Vice President and Global Head of the Banking Business Unit at SAP, is a senior level financial services professional and SAP veteran with over 20 years’ experience. He is responsible for leading the SAP banking solution strategy and connecting bankers with the technology they need to succeed in today´s workplace. As a thought leader in the banking space, Falk frequently speaks at international banking conferences and has been published and quoted in leading industry publications like Forbes, American Banker, IDG and Wall Street and Technology. Follow Falk on Twitter (@FalkRieker), LinkedIn, Youtube, and Instagram.
Get up and leave. The four square is designed to be confusing and “hide the ball.” Just bringing one out in the internet age is insulting. Unless you are buying a Ferrari or a Benz AMG somebody across town probably has the same car with the same options.
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.
How much money are you spending on print each and every month? From what we know about dealers in general, we’re going to assume it’s in the tens of thousands each month. Now, how are those working out for you? Can you even tell anymore?
The quantity and quality of information collected at the dealer interface level is key to developing and maintaining an actionable customer database and accompanying marketing-decision support systems, replacing the somewhat primitive socio-demographic data that most vehicle manufacturers rely upon today.
Six out of 10 car shoppers enter the market unsure of which car to buy. Stacy began her car-buying journey by focusing on family-friendliness and safety. which led her to consider several brands and models.
Dealerships are increasingly adopting marketing automation tools to automate and personalize communications with new prospects. So for example, if a website visitor fills out an online form expressing interest in a certain vehicle, an automated email can be triggered with information about that vehicle and an alert can also be sent to the sales team for follow-up. Dealers using marketing automation are 2x more likely to see higher marketing ROI than dealers who do not use marketing automation.