Featured Blog Posts – December 2011 Archive (90)

Shetterly's Three Laws of Dealer Data

1) No Dealer shall allow access by any Vendor to their business data (DMS, CRM, etc.) without restrictions to specific data needed and on the use of such data by the Vendor for only providing a clear and very strong business advantage to the Dealer.…

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Added by Keith Shetterly on December 3, 2011 at 3:30pm — No Comments

The Law Of Profitable Returns

I decided to write this post after a comment I left on my Facebook Profile, it stated:

The Law Of Profitable Returns: As long as the value of your goods and services exceeds what was paid for them, then the profit received will always…
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Added by David Johnson on December 3, 2011 at 1:30pm — No Comments

10 New Year’s Resolutions to Revolutionize Your Dealership

Historically, during the week between Christmas and New Years, we all breathe a huge sigh of relief that the Christmas rush is over, and we then reflect over the success or failure of our business over the past year.  A meeting with Comptroller/CPA Firm usually takes place, where the true profits are discovered after taxes, bonuses, LIFO…

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Added by NANCY SIMMONS on December 2, 2011 at 4:28pm — 7 Comments

You’re always One Choice away from changing your life…

You’re always One Choice away from changing your life…

Think about this for a moment…

one choice, just one, can change your life forever.

Simply put, your life today is what your…

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Added by Jack Higginbotham on December 2, 2011 at 3:25pm — No Comments

Does Your Dealership Have Soft Skills?

Every customer that walks into that door should be greeted with a smile and a welcoming statement. You never want a customer to feel ignored. No matter how busy you are, it only takes a few seconds to stop and let them know you aknowledge them and will be with them in a minute. You want them to feel good about the decisions they are about to make in sales or service. Customer's want to know they are investing their money in the right places. There is nothing worse than buyers remorse. If you…

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Added by Angela Fox on December 2, 2011 at 2:00pm — 1 Comment

"YELP" GOOD FOR BUSINESS OR Cyber "BLACK MAIL."

Is yelp business friendly or are they doing what would be called legal "BlackMail"?  I had five of my personal customers go on yelp to give a review, good or bad, I just wanted their input and post.  Yes, I asked them because the service was awesome, but real people, with real ratings sent to archive, Why?????

Added by Michael Deville on December 1, 2011 at 8:48pm — No Comments

The Reality of Zag.com/TrueCar

Friends,



I send this message as a true friend in the automotive industry.  As

some of you already know it is my mission to help dealers be

profitable and grow their results.

I wanted to reach out to you and send you this message to inform you

of what has been going on with Zag.com/TrueCar and the current

discussion.



I know that a lot of dealers are using Zag.com because they are sold

on the fact that they never pay for a lead and only pay $300…

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Added by Stan Sher on December 1, 2011 at 1:45pm — 35 Comments

Customer Reviews Affect 6 in 10 Online Shoppers

customer ratings and reviews management A study released in September shows how Ratings and Reviews has an impact on consumer shopping decisions.  They seek out what experiences other consumers had before they make their own decision.  This of course is different from general "social media" where they seek out commentary from their friends.

 

Some excerpts of this study include:"Data from “The 2011 Social…

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Added by Melih Oztalay on December 1, 2011 at 1:30pm — No Comments

Google's pilot to sell cars ...

  

If Google's pilot to sell cars in San Francisco is successful, how will it affect Autotrader,Cars.com and

 TRUECAR/ZAG?

 

What would they need to do to compete with Google?

What have you heard about the pilot program in San…

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Added by Chris Saraceno on December 1, 2011 at 12:16pm — 1 Comment

From the NCM Institute blog: Your Passion Will Keep Customers Coming Back to Your Dealership

pas·sion·ate - expressing, showing, or marked by strong feeling; having, compelled by, or ruled by intense emotion; fervid. 

I recently wrote an Up To Speed blog post about vehicle personalization. In it, I implored dealerships to take advantage of the potential profitability in “personalizing” the new and used…

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Added by Garry House on December 1, 2011 at 12:00pm — 2 Comments

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