One of the common characteristics that I have noticed is how people impose limits on what they can do with their life. I recall a time when, I heard family members say regularly “I’ll never be anything but a blue-collar worker”. I have heard people say they will never be in management or they can’t do…
ContinueAdded by Rob Gehring on October 7, 2016 at 3:30pm — No Comments
A recent article in Automotive News reports that the three-year employee retention rate at dealerships reached a new low, dropping by 2%. In fact, the study showed that only 1/3 of sales consultants stay at a dealership for 3 years or longer. The…
Added by Mike Gorun on October 6, 2016 at 10:14am — No Comments
Does your dealership brag about your reputation? Do you constantly explore new ways to improve your interactions with customers and employees?
Brag Boards
Women rely on reviews 50% more than men and especially like reviews by other women. Reviews act as your 24 x 7 brag board by letting others hear the voice of…
Added by Anne Fleming on October 5, 2016 at 6:48pm — No Comments
You’ve know employees can cost your company a significant amount—much more than most companies want to think about paying. But what do you stand to gain when you put in the time and effort to truly engage your employees and establish a positive culture throughout your business?
The connection your employees have with your customers is…
ContinueAdded by Joseph Little on October 5, 2016 at 2:40pm — No Comments
Performing these regularly occurring sales manager activities will insure we are investing enough in our dealership’s most valuable appreciating assets – our people.
● Have a notepad when desking deals
– Take notes for debriefing our sales associates, don’t rely on memory alone.
● Debrief each deal
– During a deal is…
Added by Michael D. Hargrove on October 5, 2016 at 11:16am — No Comments
Within the automotive marketplace, the data-centric importance of a dealership has come to the forefront. One of the most essential tools in driving this type of dealership, is it’s utilization of a CRM. The CRM is a tool meant to organize, track, and store all dealership data to increase the overall dealerships efficiency. No matter the size of the store, nor its number of stores in a group, implementing a…
ContinueAdded by Aubrey Hankins on October 5, 2016 at 10:52am — No Comments
Dealerships that use best practices in interviewing and that are extremely effective in consistently hiring top sales performers use customized or standard behavioral-based interview guides to remain consistent in their line of questioning. These companies train their hiring managers on legal and effective interview questions and techniques to utilize during…
Added by Mike Poskey on October 4, 2016 at 7:35pm — 2 Comments
None of us know anyone who would look back on their first car purchase and say, "Ah, I miss the good old days of buying and financing a car?"
Even baby boomers and Generation Xers recall their first car financing deal with groans more normally associated with root canals. Millennials in particular, with their one second click-to-load screen tolerance, have zero patience for that kind of old school process pain.
Having already blown up the traditional car buying experience with…
ContinueAdded by Zach Klempf on October 4, 2016 at 7:19pm — No Comments
This industry will go extinct in 10 years. Can you guess which industry I'm talking about?
Students right now are so excited to graduate and get involved in this field, but they’re having trouble getting a job. Why? The jobs in this industry are few and far between.
It’s such an exciting and fast-paced environment for millennials to join into. It’s something that we’re actually excited about. It’s given us…
ContinueAdded by Paul Potratz on October 4, 2016 at 12:00pm — No Comments
Email can be a strong platform to connect with your current and prospective customers throughout the purchase journey. Regardless of the many channels available to market to your audience, email should be…
ContinueAdded by Larisa Bedgood on October 4, 2016 at 10:33am — No Comments
Car warp has become quite popular these days. In fact, in comparison to car painting, car owners are showing their ready preference for car wrapping. Is it only the question of value proposition? A close watch on the issue has revealed the fact that besides cost efficiency, there are other benefits of using car warp. Top 5 benefits are narrated here with outline details.
It enhances resale value of the car
It is difficult to maintain original car paint indeed; once a car…
ContinueAdded by Pausali Das on October 4, 2016 at 9:55am — No Comments
Customer service surveys are becoming more difficult to get our customers to fill out, and therefore, more difficult for us to receive. Let's face it; we’re all over-surveyed these days. We’re usually not interested in wasting our time unless we are extremely irritated or extremely impressed. In an effort to increase the return rate, service…
ContinueAdded by Sally Whitesell on October 3, 2016 at 5:00pm — 1 Comment
When I was eCommerce Director for a dealer group, I was also the group trainer. Phone. eMail. Leads.
Logging.
I can't describe the groans I got from the salespeople about logging. "CRM is too hard!". "It gets in the way of my rapport with my customer."
And so on.
Managers work deals. Salespeople work customers. The CRM is…
ContinueAdded by Keith Shetterly on October 3, 2016 at 12:00pm — 1 Comment
Added by Joseph Little on September 30, 2016 at 2:53pm — No Comments
Creating a unique and engaging experience is key to attracting new millennial buyers. Second only to Baby Boomers, Millennials wield $200 billion annual direct buying power (according to the U.S. Chamber Foundation) and they are, most likely to be the single most demanding generation when it comes to service and their approach to buying.
The Millennial…
ContinueAdded by Shawn Morse on September 29, 2016 at 4:47pm — No Comments
I was asked to share with sales managers some of the common desking best practices I’ve encountered across the country. These are things that, when adopted, should help you help your sales people be more effective. I know that most of these things are already being done in your store but it’ll still be a useful review and you may even pick up one or two new ideas.
I…
ContinueAdded by Michael D. Hargrove on September 29, 2016 at 3:00pm — No Comments
Wantalease.com, the nation’s first online car lease marketplace for new lease deals, reports the latest update on new lease offerings, with the Nissan Sentra SV currently boasting the lowest monthly payment price of just $129.00 a month. Additionally, there are two other vehicles in the car segment currently being offered at under $150.00 a month.
The other vehicles in addition to the Nissan Sentra V currently being offered for under $150.00 include the Volkswagen Jetta S at $139.00…
ContinueAdded by John Sternal on September 29, 2016 at 2:59pm — No Comments
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…
ContinueAdded by Black Book on September 29, 2016 at 2:08pm — No Comments
https://www.youtube.com/watch?v=lhhcAVLAXQE
This phone call above is an actual recent customer interaction - Scary.
Before you invest 10, 20, or 30k in your next direct mail piece, add or switch vendors I want you to think, who’s handling all of the leads that these campaigns generate? See, every advertising venture that you embark on involves your BDC having the first interaction with your…
ContinueAdded by Colin Thomas on September 29, 2016 at 9:57am — No Comments
If you haven’t drunk the video marketing Kool-Aid yet. Or, perhaps are overwhelmed by the thought of creating and distributing videos, it’s time to consider the advantages of having a video marketing strategy.
There was a time in my career when dealers used to complain about having to take multiple PICTURES of a vehicle. Now, however, most dealers include as…
ContinueAdded by Timmy D. James on September 29, 2016 at 8:33am — No Comments
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