Featured Blog Posts – July 2012 Archive (59)

How to "Make Sure" customers come back when they are ready to buy!

Hello Dealer Elite Members,

As always, I have been spending a great deal of time at automotive dealerships. What I have determined is that customers are still visiting dealerships but the closing ratio is declining every day. I will give you an example of why, and just so you know it's not only car dealerships that have this problem.

Here is an example from a GM dealership I was at last week

I had taken a phone call as part of the BDC…

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Added by Ian Nethercott on July 16, 2012 at 9:30am — No Comments

The Dealership Culture Starts At The Top

Something has to give. Change is mandatory in our industry, reinvention a must! Every day I see what people are posting about dealerships all over the web. Let's face it, as a whole people hate us. Strong words I know but just look at how our customers are treated. It's not that they are being treated bad in most cases, but…

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Added by Craig Lockerd on July 16, 2012 at 9:00am — 3 Comments

Choose To Move Past The Ordinary Into The Extraordinary

My father and I rarely ever had confrontations while i was growing up, maybe because he was always working. The day after I…

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Added by Shawn Clos on July 14, 2012 at 5:00pm — 2 Comments

3 Ways to Over Ride Your Gut Check When Hiring

I often have discussions with employers about their dissatisfaction with certain members of their team.   How can so many prospective employees that seem like good hires turn out to be poor performers?

1. Who’s Interviewing?

Most sales managers are excellent and somewhat compulsive closers.  They want to close the job seeker on working for them.  I have often…

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Added by Michal Ann Benedict Enders on July 14, 2012 at 9:30am — 4 Comments

QUIET ON SET: Production Woes and How to Avoid Them.

QUIET ON SET: Production Woes and How to Avoid Them.

Check out the latest blog from Matthew Klein, a member of our video team as he talks about what you should be doing while on a production set.

Do you know what it’s like to actually be working on a production set? I’ll go over some of the quick dos, don’ts, tips and tricks about the exciting life on…

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Added by Paul Potratz on July 12, 2012 at 4:20pm — No Comments

Are Your Automotive Dealership's Employees Really Engaged?

I recently had the privilege of teaching our first NCMi class that is totally focused on leadership in automotive dealerships. We began this 1½-day class talking about “employee engagement,” and the general managers attending this session began positively nodding their heads, when I started this discussion with, “Surveys show that…

                1. Less than one in four American workers say they work at their full potential.

                2. One-half say…

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Added by Garry House on July 12, 2012 at 12:30pm — 9 Comments

Warranty Administrator trainer needed

We have a dealeship looking to hire a trainer to spend a few days training our warranty administrator:

 Please list their name and number below or have them email me at cbskmc@aol.com

Added by Chris Saraceno on July 11, 2012 at 7:00pm — No Comments

DealerElite Members Offered Scholarships For BDC and Internet Training

Next week, July 24-25th at the Hilton DFW Lakes Hotel, dealers from across the country who want to improve their BDC/Internet processes are heading to the Digital Warrior Academy (DWA) for training.  …

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Added by Brian Pasch on July 11, 2012 at 4:59pm — No Comments

The Service Drive: Building a Business within a Business IV

 

It is true.  How many customers does your service drive see each and every day?  Take a moment and ask your service manager.  When you find the number of RO's written each day on the service drive, I promise, you will want to spend all of your time out there!

It is easy and there are several ways you can make a serious impact on your bottom line if…

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Added by Craig Darling on July 11, 2012 at 2:00pm — 1 Comment

vAUTO ACQUIRES AUCTION GENIUS, INTEGRATES MARKET-LEADING TOOLS TO HELP DEALERS BUY WHOLESALE USED VEHICLES ONLINE

OAK BROOK, IL – July 11, 2012 – vAuto announced the acquisition of Auction Genius, creator of a heads-up display for online auto auctions, and the roll-out of initial product integrations between the companies.

 

 “This acquisition advances vAuto’s mission to help dealers become more efficient and effective used vehicle retailers,” says Dale Pollak, vAuto founder. “Auction Genius’ intuitive dashboard offers the perfect blend of sophistication and simplicity. Its…

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Added by Dale Pollak on July 11, 2012 at 11:02am — No Comments

Managing ELR and COS to Improve GPM on Customer-paid R.O. Sales

Wow, that’s a lot of acronyms, but you know what they all mean, right? Following are four Managing ELR and COS to Improve GPM recommendations from John Gilbert, the Fixed Operations specialist with NCM’s Retail Operations division. To increase your effective labor rate (ELR), reduce your cost of sale (COS), and improve your gross profit margin (GPM) on customer-paid repair order (R.O.) sales:

  1. Check…

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Added by Garry House on July 10, 2012 at 10:00am — 1 Comment

Why prospecting doesn't work in most dealerships and how to fix it .

The majority of managers today did little prospecting as a sales rep . Therefore is is tough to teach what you haven't mastered . ALL the successful sales reps today are heavy into prospecting and follow up.       I asked a dealer ,  what would you do if you had a sales rep refuse to do a demo and wait on you to do advertising to get them customers ? He said fire him . I asked why . He said because he isn't doing his job the way we want . Exactly was my answer.

 When the dealer or…

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Added by Fran Taylor on July 9, 2012 at 3:09pm — 8 Comments

Don't Throw In The Towel! Check Your E.A.R. For A Better Year

Aristotle wrote, “We are what we repeatedly do, excellence then is not an act, but a habit.” In the world of sales, everything counts; what you do daily determines what you cash monthly. Each month, selling requires a mixture of both speed and endurance-your month is determined not only by how fast you can get “on the board” (i.e. your first sale),…

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Added by Marsh Buice on July 8, 2012 at 7:00pm — 16 Comments

The Yelp Police Bust Business Networking Group For Coordinating Fake Review Posts

Well it never ceases to amaze me on the efforts people will go to create a fake review.  It seems like the stakes of the game have gone even higher. 

 

Los Angeles Times writers Jessica Guynn and Andrea Chang…

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Added by Brian Pasch on July 7, 2012 at 8:34am — 3 Comments

How to Create a "Truly Great" Customer "Experience" at your Dealership today!

Hello Dealer Elite Members,

 

First of all I am sorry I have not been more active this week. I have been burning the candle at both ends lately and it has been catching up to me. I have also had the opportunity to read several books on retailers who are the gold standard in their industry. One of them is Nordstrom’s and one of them is Apple Computer.

 

I was able to learn a great deal about why both of these retailers have not only a great reputation but also…

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Added by Ian Nethercott on July 6, 2012 at 6:30pm — 9 Comments

A Market we should all be watching and participating in.

Automotive News on customizing...

Automotive news says its a $30 Billion business.  Manufacturers are doing little to tap the market and dealers even less. This is no longer a market to watch.  It is time to get involved.  Do something.  Do anything, but don't sit idle.  We are testing the waters with stylish leathers, matte…

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Added by Adam Barish on July 6, 2012 at 12:57pm — 4 Comments

Automotive Recruitment - Finding Quality People To Work In Your Dealership

Automotive Recruitment: n.The process of attracting, screening, selecting and training qualified people to work in an automotive dealership.

I started off with the definition of automotive recruitment because I thought it important to point out the…

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Added by Craig Lockerd on July 6, 2012 at 12:12pm — 26 Comments

Grading Automotive Website Providers

Disclaimer: I must preface this by saying it not intended to make any enemies or friends. This is not meant to hurt anyone’s business, call out how they perform for their clients, highlight weaknesses or put stock in one product over another. This was nothing more than a simple experiment.

I was out to dinner with my wife recently when I ran into an old college acquaintance. Very quickly I discovered that she works in our industry for a startup website provider. I tell her…

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Added by Joe Webb on July 3, 2012 at 9:51am — No Comments

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