Featured Blog Posts – January 2013 Archive (55)

Content. Search. Social. We’re Talking About the Same Process.

Hierarchy of Web Presence

I knew it would happen sometime in 2013. I’m glad it happened sooner rather than later.

For a while, many of the smaller bloggers such as myself have been preaching about how search, social, and content marketing are all actually a singular activity that can be broken down into a proper repeatable…

Continue

Added by JD Rucker on January 12, 2013 at 9:19am — No Comments

"Buy Here Pay Here Lot" (Times have changed)

 

Back when I started my first "Buy Here Pay Here Lot" in the good ole days.

I started my first Note Lot in 1975 when you could buy a good note toter for $700 to $800.

you would sell 30 easy per month with 0 advertising.

Sell the car for $500. Down at $2995.00 to $3995.00 just whatever you felt like pricing the car at that day, and get $25.00 per week.

So you sold a car $500 down your out of pocket is $200 to 300. Dollars so you would recoup your money back…

Continue

Added by Kenneth Eaton on January 11, 2013 at 6:08pm — 1 Comment

Automotive Sales Training - Choose To Win Or Choose To Lose

Traffic is slow, business is weak, the economy stinks and banks aren’t buying. Repeat this mantra 100 times and see how you feel. I promise you that if you replay this message enough, you will believe it as absolute truth and become depressed and desperate. No matter what circumstances are at present, the choice is simple: You choose to win or choose to lose.

 

The one single ingredient that is always present in any success story is self-determination. You are always…

Continue

Added by Mark Tewart on January 11, 2013 at 4:00pm — 2 Comments

10 Best Practices to stay competitive in today’s market

1. Manage your stores Online Reputation. In todays market more than ever customers decide if they want to come to your store before you even know it. Get in front of your reviews not behind them. Ask for reviews.

2. Inventory display. Change up the layout of your lot moving new and used vehicles around. Make it clean and organized. Sales people need a routine. Twice a month make this part of their job to display your profit maker…

Continue

Added by Emil Whittle on January 10, 2013 at 5:21pm — 6 Comments

NCM States: Buy-Here-Pay-Here Inventory Makes the Difference

Back when I first started desking deals, the “seasoned” salespeople would tell me, “Let’s do this deal; we’ll make up the gross on the next one. It’s easier to get iron than customers.” I believe there was a change in that attitude in 2008. Four years later, Buy-Here-Pay-Here (BHPH) dealers are still facing the challenge of finding enough choice inventory for their business model while maintaining portfolio performance.

In my last BHPH operation we operated a little different than…

Continue

Added by Garry House on January 10, 2013 at 10:00am — 3 Comments

Automotive Sales Training - The 8th Wonder of the World

In business, compounding interest is often referred to as the “Eighth Wonder of the World.” In business, and especially sales, I compare the compounding effect of interest to the compounding effect that occurs with current customers who can become repeat customers and referral machines.

 

You may have seen examples of how someone can start an Individual Retirement Account when they are 25, invest $2,000 a year and by retirement age they will have a significant seven-figure…

Continue

Added by Mark Tewart on January 9, 2013 at 4:00pm — 2 Comments

Desking Tool Efficiencies

Simplicity can be an automotive dealership’s best friend. Your mission should not only be to save time when engaging your customers, but to have a simple process of connecting with them. The goal of any dealership is to run as efficiently as possible, and a Desking Tool can help you achieve this goal.

The process of creating specials and deals within multiple DMS’ can be less than ideal.  With a proper Desking Tool, installers should make sure that your DMS is linked up with your CRM…

Continue

Added by DealerPeak on January 8, 2013 at 10:25am — No Comments

3 Things You Can Do Today to Improve Your Dealer Website SEO

SEO Keyboard

One of the keys to being a true dealership partner amongst a sea of vendors is having the willingness to “share the playbook” with our clients and prospects. This is much more important today than ever before in the world of automotive internet marketing because the changes are happening too rapidly. Marketing professionals and companies must stay on top of…

Continue

Added by JD Rucker on January 7, 2013 at 7:30am — No Comments

How To Get More Leads Through Blogging

According to Rand Fishkin, Founder and CEO of SEOmoz.org, *there is an increase in blog readership as of late but a dramatic decrease in the amount of people blogging. This sets the stage for a powerful…

Continue

Added by Michael Cirillo on January 6, 2013 at 1:30am — 2 Comments

Guilty By Reason Of Insanity

 

You did it-and you know you did it. You not only let yourself down-you let your family and friends down. Just think of how much you’ve let down all of the people who love you, trust you, and rely on you. You denied any wrongdoing to anyone who would listen until the cries of innocence became silenced. It took only seconds to be singled out in the lineup-the…

Continue

Added by Marsh Buice on January 5, 2013 at 12:00pm — 4 Comments

How to market to a positive economic sentiment?

According to an AutoNation study, U.S. auto sales are expected to hit the mid-15 million unit range in 2013, thanks to a stabilizing housing market and strengthening economy.

As the positive economic outlook encourages potential clients to consider a new or pre-owned vehicle in the new year, how is your dealership focusing its campaign accordingly? What do you think will be most important to highlight: resale value, safety features, excellent gas mileage? Are consumers looking for…

Continue

Added by AutoSTARR on January 4, 2013 at 4:53pm — No Comments

Adapting to the Second Screen: Engaging with Mobile Devices through TV Ads

The Second Screen

In 2013, there will continue to be a growing number of people who have their smartphones and tablets handy while watching television. People are multitasking more often now than ever before while enjoying their television time. They are Tweeting, posting to Facebook, and visiting websites all from the comfort of their living…

Continue

Added by JD Rucker on January 4, 2013 at 8:30am — No Comments

Automotive Sales Training - Kill The Wolf

What's the common image of a salesperson? The big bad wolf.

The big bad wolf seeks and destroys. It's a predator who pounces on its prey, eats the weak and leaves a bloody mess behind. This image makes the job of salespeople a lot harder than it should be. The good news is that this creates an opportunity to kill the wolf and turn the negative into a positive.

If you were to ask 10 customers what they hate about salespeople and the buying experience, you'd get an earful. Take…

Continue

Added by Mark Tewart on January 3, 2013 at 2:00pm — No Comments

From the NCM Institute Blog: 2013 New Year’s Resolutions for the Service Manager

Since it is that time of year, here are some ideas for commitments you may wish to make for 2013. As you’ve heard me say many times, “If you measure it and then scoreboard it, performance will improve!” Many of you are probably measuring and scoreboarding some of the following key performance indicators, but I doubt if any of you are measuring all 11 (a “lucky” number) of them:

  1. Actual flat rate hour Productivity per Technician against objective on a daily,…

Continue

Added by Garry House on January 3, 2013 at 11:00am — No Comments

KO: Size Up the Competition

When I was in 1st grade my Dad took me on a Father and Son campout sponsored by our church.  It was late spring at Lake Tahoe – cold, gray and drizzly.  I spent a lot of time warming by the fire.  We did take a spin on a speed boat but no one would let me drive.  So when one of the dads broke out some boxing gloves and drew a ring in the sand, I was thinking this…

Continue

Added by Lance Boldt on January 2, 2013 at 12:39pm — No Comments

Featured Monthly Archives

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

© 2024   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service