August 2016 Blog Posts (105)

Preview CarHub.com – A New Way of Online Car Shopping

Founded by Jesse Toprak, today's most influential automotive analyst, I'd like to give you a sneak preview of CarHub.com, a brand new automotive shopping website launching this fall. There are several distinct features that make CarHub.com different than any of its peers, and we want you to take it for a test drive (particularly the new personality test to help match…

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Added by John Sternal on August 26, 2016 at 10:09am — No Comments

Maybe We’re Approaching This Whole Loyalty Thing Wrong?

Customer loyalty is something every business needs and desires. Some companies are spectacular at accomplishing it, while others struggle.



According to a study by DMA, perhaps we’re missing an important fact… not all loyal customers are the same.



DMA’s “Customer Engagement 2016” study, takes customer loyalty a little further. It…

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Added by Mike Gorun on August 26, 2016 at 9:00am — 1 Comment

A Unique Value Proposition to Rule Them All

Think about the value propositions most dealerships present to consumers. Free car washes, fast transactions, oil changes, low prices, etc. They’re all so similar that, in reality, they cease to differentiate one dealer from another. The simple fact that they aren’t unique just about negates the offer for consumers when they consider who to buy from.

 

Nobody…

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Added by Chris Miller on August 26, 2016 at 8:28am — No Comments

Digital Moments and Mobile Tech: Auto Marketing for the Modern Car Shopper

Today’s tech-savvy shopper relies on internet research and mobile technology to make purchasing decisions. Every time potential customers conduct a search, it creates a digital moment ~ a brief, online interaction that answers an immediate question or need.Creating a website that is mobile friendly will help your dealership provide information in response to these moments.  Further, being aware of the major digital moments…

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Added by Mike Snellenberger on August 25, 2016 at 3:00pm — No Comments

Highline Dealers; How Do You Deliver The Best Service Experience?

According to J.D. Power's 2016 CSI study, the key areas that dealers need to pay specific attention to are...

  • Wait Time: Consumers are willing to wait 1-2 hours for service. Unfortunately, the majority of customer visits are well past 1-2 hours. I also have to believe that customer defection wouldn't be at 70% if customers didn't have to wait and be inconvenienced.
  • Service with a Smile: Service satisfaction improves considerably when…
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Added by Ken Hite on August 25, 2016 at 2:45pm — No Comments

Smartphones Are a Game-Changer

 

Smartphones are responsible—in a BIG way—for how the automotive market is changing. Not only are consumers more mobile, they’re also empowered to access more information than ever before while on the go.  They have the power of Google in their pockets, and they aren’t afraid to use it.  Everything from vehicle comparisons to consumer reviews to feedback about specific…

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Added by Joseph Little on August 25, 2016 at 1:09pm — 1 Comment

ANNUAL SWAPALEASE.COM NFL & CARS SURVEY SHOWS "TESLAS" WOULD MAKE A GOOD NAME FOR AN NFL FRANCHISE

Swapalease.com, the nation’s largest car lease marketplace, today announced results of its NFL & Cars Survey, where thousands of drivers across the country made predictions about their favorite NFL teams, and also paired up certain cars and features with their favorite teams. Swapalease.com presented the online survey to more than 3,500 drivers across the country during July, 2016.

NFL relocation and expansion is on the minds of football experts. According to…

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Added by John Sternal on August 24, 2016 at 5:09pm — No Comments

How to Prepare Your Dealership for the Coming Recession

Our economic future is not going to be smooth sailing. In order to successfully navigate, the captains of the vessels are going to have to make the proper adjustments in order to weather the storm. The following is some information that supports my predictions and hopefully provides you with a map to help you steer you way clear of…

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Added by Jeff Cowan on August 24, 2016 at 2:35pm — 2 Comments

What's Your Normal?

What's Your Normal?



We are all creatures of habit and tend to develop patterns of how we…

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Added by Rob Gehring on August 24, 2016 at 1:30pm — No Comments

A Recession is Coming

A recession is coming, learn how dealerships will survive the bad economy.

I don’t like talking gloom and doom when it comes to dealing with a bad economy. On a personal level, I work very hard to be upbeat, to see the positives, and to stay focused on what is good. That said, as a person running a business, I have to research business indicators to help…

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Added by Jeff Cowan on August 23, 2016 at 3:14pm — 1 Comment

Jumpstart Automotive Group Unveils New Logo, New Name

Jumpstart Automotive Group, a leading media, insights, and marketing solutions company, today officially unveiled a new logo and announced it is changing its name back to Jumpstart Automotive Media. The name change reflects the evolution of Jumpstart’s business and the market it serves, and the new logo signifies the company’s growth and transformation.

The launch of Jumpstart’s new brand identity kicks off a new era at the company where, as part of the…

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Added by John Sternal on August 23, 2016 at 1:58pm — No Comments

Broad Declines in Car Segments

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full report.

This week’s Black Book Market Insights report shines a spotlight on luxury cars, particularly two-year-old models. Cars in this class are showing significantly weaker retention compared with…

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Added by Black Book on August 23, 2016 at 1:57pm — No Comments

Start Contacting Customers When They’ll Respond

Today’s socially connected consumers have changed the tide in the automotive industry, from top to bottom. However, the dealership must also change, in the way that they collect data and use social media. Every day there is an increase to the number of consumers using social data and social media. Facebook has 1.7 Billion users, and Twitter and Instagram have almost half a Billion users. Customers are also using…

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Added by Aubrey Hankins on August 23, 2016 at 1:02pm — No Comments

Promoted Video Pins, New Look for Facebook Pages, & More!

This Week in Social Media

 

News for the Week of August 22

 

Promoted Video Pins on Pinterest

Pinterest recently rolled out…

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Added by Joseph Little on August 23, 2016 at 12:54pm — No Comments

Is Your Phone Ringing?

Is your phone ringing off the hook? Probably not.

In this week's Think Tank Tuesday, I reveal that with sending a simple ringless voicemail drop, you can start the conversation with potential customers that may not have answered an email or other advertisement. Grab more leads and build your business by utilizing this low cost, lead generating strategy.…

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Added by Paul Potratz on August 23, 2016 at 11:29am — 1 Comment

Ready, Set...Prepare. Three Steps For A Successful CRM Transition.

A dealership's CRM is at the heart of its entire sales operation. Choosing the right CRM for your dealership is exceedingly important in its success. However, when the purchase of the new CRM has been completed, there are still a few key items that need to be covered before the dealership can get up and running. Acknowledging that this process takes time and energy, from all members of the dealerships sales…

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Added by Aubrey Hankins on August 22, 2016 at 12:37pm — No Comments

Don’t Settle for Just OK from Your Solution Providers

By Shawn Morse

Lessons can be learned from the Smartphone industry on how automotive solution providers should be delivering modern, innovative and nimble products and services to our dealership business partners.  Having the tenacity to rapidly deliver imaginative development, meeting customers’ real-time needs, and more importantly,…

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Added by Susan Lovett on August 22, 2016 at 11:30am — No Comments

Auto Dealers Under Imminent Threat of Security Breaches, Helion Technologies Announces

Timonium, MD – August 22nd, 2016-- Helion Technologies announced today that 75 percent of small businesses have experienced security breaches in the last 12 months, according to a recent survey conducted by Osterman Research. The findings were published in a July 2016 report titled…

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Added by Erik Nachbahr, CISSP on August 22, 2016 at 11:12am — No Comments

Auto/Mate Completes Integration with Dominion Sales Center CRM, Enhancing Actionable Customer Insight for Auto Dealers

Albany, N.Y. – August 22nd, 2016 – Auto/Mate Dealership Systems today announced the integration of its dealership management system (DMS) with the award-winning Dominion Dealer Solutions’ Sales Center CRM. Dealers using both Auto/Mate and Dominion’s automotive solutions will benefit from enhanced customer insight expedited by real-time updates of customer, vehicle, service and deal information in both systems.

 

"In today's competitive and fast-moving environment, it's…

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Added by Mike Esposito on August 22, 2016 at 10:41am — No Comments

4 Tips for Growing Customer Engagement with Your Dealership

Auto dealerships face a unique challenge when it comes to growing customer engagement. In general, the modern customer is inundated with advertising and people have become adept at tuning out messages. However, your brand has an opportunity to rise to this challenge and can use great rewards programs as a cornerstone of customer engagement. Here’s how:

Deemphasize sales

aboutus

Although it may seem…

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Added by Mike Snellenberger on August 22, 2016 at 10:00am — 2 Comments

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