July 2019 Blog Posts (60)

Market the Magic Word

Hello again, my friends! We’re so happy to have you on this journey we’re calling Ali Reda’s Road to Sales Success. We’ve been learning some amazing tips from Ali Reda on marketing yourself, and don’t you worry, folks! There’s plenty more to discuss. 

Last week, we started to talk about marketing to businesses. We gave…

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Added by Damian Boudreaux on July 18, 2019 at 4:08pm — No Comments

Are You Marketing to Businesses?

Thank you again for joining us in our video series, Ali Reda’s Road to Sales Success. We’re here to give you all the tools we have, to help you get the life of your dreams, and to make sure that you believe. You see, there is no glass ceiling. When you believe that what you want is possible, your life will change.

We’ve been discussing how and…

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Added by Damian Boudreaux on July 18, 2019 at 4:05pm — No Comments

Affinitiv and AutoLoop Sign Definitive Agreement to Merge

Combination creates a leading provider of marketing technology and software solutions exclusively serving automotive manufacturers and dealerships in the U.S.

Chicago, IL and Clearwater, FL—July 18, 2019— Affinitiv, Inc. (“Affinitiv”) and Loop LLC (“AutoLoop”), leading providers of data-driven marketing automation and software solutions to the automotive market, today announced that they have signed a definitive…

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Added by Scot Eisenfelder on July 18, 2019 at 1:44pm — No Comments

Digital Retailing: Let’s Talk About F&I

Conversations about digital retailing in the automotive industry tend to center around two things: customer experience and an increase in sales volume. But some dealers feel that it just leads to decreased margins on the front-end in the “race to the bottom,|” and that face-to-face interaction will end in more revenue – whether that's in the front or the back…

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Added by Michia Rohrssen on July 18, 2019 at 10:22am — No Comments

Lease Credit Approval Rates Dip To 65% In June

More Demand From Consumers Seeking Existing Lease Contracts at Price Points Negotiated When Dealer Incentives Were More Prevalent

Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 65% approval rate entering July, a drop from the 72.4% mark registered in May.

Although lease origination activity at dealerships was down in Q1[1], lease takeover activity has…

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Added by John Sternal on July 18, 2019 at 10:09am — No Comments

Do You Know Your Customers’ Service Share of Visits? Here’s Why You Should

In the automotive industry, the ability to earn a greater share of a customer’s spend is the key to driving higher customer lifetime value. To that end, many dealers utilize flawed retention strategies designed to achieve a minimum number of service visits rather than maximize the…

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Added by Doug Van Sach on July 18, 2019 at 10:07am — No Comments

Australia’s Equivalent of Truecar.com

The process of buying and selling a new car is never going to be all easy and smooth. However, if you have all the relevant information and knowledge about the pricing of different cars available in the markets, you are going to save yourself from a lot of trouble. You can surely take help from online websites to get access to instant pricing, but it is very important for you to find a reliable and authentic website.

Legit Pricing

It would be fair to…

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Added by Asad Shoaib on July 18, 2019 at 5:14am — No Comments

Selecting the Right DMS is Like a Marriage: 3 Features that Help Avoid a DMS Divorce

This is my second blog in a series about what to look for when choosing a Dealer Management System.

In my first blog article, I talked about how to start evaluating the right DMS for your dealership. This blog is a continuation of…

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Added by Veronica Dunford on July 17, 2019 at 10:34am — No Comments

A Tidal Wave of Change May Be on Its Way to Dealerships

Federal law currently prohibits dealerships from selling any new vehicle with an open safety recall to consumers. And now, Democratic Senators Richard Blumenthal (Democrat - Connecticut) and Edward Markey (Democrat - Minnesota) have reintroduced legislation that also prohibits the sale of used cars with open safety recalls, according to…

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Added by Dan Beres on July 17, 2019 at 10:17am — No Comments

Why Hire Professional Window Tinting Service Providers?

It might be tempting to tint your car windows by using a DIY kit, but the benefits of hiring an auto tinting pro outweigh any savings.

Tinting your car’s windows is a great way to reduce glare and heat as well as enhance privacy. Consumers typically have two options for tinting car windows: Do it themselves with a DIY window-tinting kit or hire a professional. Although a DIY window tint is generally less…

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Added by Ryan Holman on July 17, 2019 at 8:14am — No Comments

The Best Leads are in Your CRM

New leads are important, and you always want to keep the pipeline full.

 

Yet, it can cost as much as five times more to attract a new customer than to retain an existing one.

 

Doesn’t it make more sense to spend time nurturing the leads you already have?

 …

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Added by Bill Wittenmyer on July 17, 2019 at 8:09am — No Comments

Inovatec Systems Corp. Partners with ZestFinance to Enhance Lending Procedures

Inovatec Systems Corp., a provider of industry-leading, cloud-based software solutions for all financial institutions, and ZestFinance, a leader in artificial intelligence (AI) software, today announced their strategic partnership to enhance lending procedures in the financial services industry.

Inovatec will integrate Zest Automated Machine Learning software (ZAML) into its business process management technology to help lenders immediately improve their underwriting results with…

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Added by John Sternal on July 16, 2019 at 11:54am — No Comments

A Change That Extends Your Dealership’s Reach on Facebook

Facebook recently announced a change to its algorithm that prioritizes posted comments in a manner that can be very beneficial as far as gaining more exposure to your customer’s networks.

 

According to Social Media Today,…

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Added by Paul Moran on July 16, 2019 at 10:25am — No Comments

2 Strategies to Bump Up Service Business

Rising interest rates and stagnant incentives point to a slowing new vehicle market through the end of the year. NADA predicts new vehicle sales will decline at least one percent, and probably more. Used car sales are picking up. But not at a velocity to make up for the loss of new vehicle sales. What should a dealer do? Some may need to lean on the parts and…

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Added by Steven Laureys on July 16, 2019 at 10:13am — No Comments

Imagine the Future – Five Google Pieces Where the Whole is Greater than the Sum of Its Parts--and the Next Dimension

The future is now. 

At Local Search Group we pride ourselves on knowing that, “We are the now part of a now business.” 

So, let’s take a look behind the curtain of where Google’s going Right…

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Added by Jim Flint on July 16, 2019 at 9:20am — No Comments

Top Sales Tricks for Truck Sales Reps

Selling a truck isn’t the same as selling a car. The buyer is probably looking for a vehicle that can help them earn money for their business. This is exactly why buying a truck is usually a long process rather than an on-the-spot decision which often happens at car…

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Added by Tyler Newport on July 16, 2019 at 7:30am — No Comments

Improve Your Driving Skills - Top 5 Tips

We all know that driving a car is a skill you need in the modern world, but it’s also a skill you are going to be perfecting your whole life. The moment you sit behind the wheel, you become responsible for your own life, the lives of people who are in the vehicle with you, as well as the lives of others on the road. It’s a lot of responsibility and cars can be dangerous, especially if you’re not confident in your driving skills (or if you’re too confident).…

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Added by Tyler Newport on July 16, 2019 at 5:05am — No Comments

SureSale Certified, the Gold Standard for Quality Used Vehicles and Purchase Protection, Expands to Louisville

SureSale enters the Louisville market with certified used vehicle program that offers consumers peace of mind and auto dealerships a turnkey vehicle certification program, including a free CAReport, 150-point inspection, 5-month, 5,000-mile warranty, and a 5-day exchange guarantee

Los Angeles, CA – July 15, 2019…

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Added by Crystal Hartwell on July 15, 2019 at 3:26pm — No Comments

DealerBuilt Hires Mike theCarGuy Correra as a Client Experience Specialist

Mason City Iowa, July 15, 2019 -- DealerBuilt, a proven enterprise Dealer Management System (DMS) for automobile…

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Added by Michael Trasatti on July 15, 2019 at 10:52am — No Comments

Prodigy Expands into New San Francisco Offices

The Seamless online to in-store sales platform for auto dealers enjoys sustained growth due to the addition…

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Added by Michia Rohrssen on July 15, 2019 at 10:35am — No Comments

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