Featured Blog Posts – August 2020 Archive (14)

Attention Automobile Dealer: This is Your Last Call

When the pace of change in your industry exceeds that of your business, the end is near.

Find yourself desperately trying to hold on to control of the customer and the purchase experience while the world evolves all around you? Join the crowd. The traditional automobile dealer is at a crossroads. A defining moment of truth. The actions…

Continue

Added by Tony Gomez on August 31, 2020 at 1:30pm — No Comments

How the Entire World is Leaning on Live Streams as a Revenue Source

COVID-19 has undoubtedly changed shopping habits. Some even say they have changed forever, tossing retailers into an adapt or die scenario There is more incentive than ever to focus and invest in taking your digital retail strategy to the next level. One innovative and simple way to do that and to make your business stand out from the competition is to…

Continue

Added by David Malone on August 31, 2020 at 11:54am — No Comments

What Dark UX is and Why You Should Avoid It

For anyone unfamiliar, User Experience (UX) is a term referring to the interaction that a user has with a website, application or product. The goal of UX design is to create an easy, efficient and smooth experience for the user. A happy user is a returning user and customer retention has never been more…

Continue

Added by Steve Southin on August 28, 2020 at 9:47am — No Comments

A Tornado That Was a Long Time Coming

As a dealer, it was always frustrating to spend a ton of money on leads just to see sales-to-lead ratios stuck at 8-10%. Essentially, if I spent $25 per lead from third-party providers and received 100 leads, I would need to recoup over $2500 to make that service worth it. However, that doesn’t always happen. Some dealerships would say, “Hey, we sold two cars…

Continue

Added by Wesley Gregg on August 24, 2020 at 9:54am — 2 Comments

Increase Your Customer Retention While Reducing Your Marketing Spend

A great article in CBT News cites that almost half of customers who state they are loyal to the selling dealer go elsewhere to service their vehicle. Only one-third of all vehicle services are performed at automotive dealerships. And we know brand loyalty and…

Continue

Added by Chip King on August 19, 2020 at 10:00am — 1 Comment

Why Is Acquiring Used Vehicle Inventory Hard?

All dealers are suffering from the lack of used vehicle inventory. Consumers are being forced to gravitate to used vehicles for multiple reasons – They are less expensive plus the manufacturers aren’t pumping out nearly as many new vehicles as they are normally depleting available selection. To add insult to injury, even if the manufacturers WERE continuing…

Continue

Added by Mark Gibson on August 18, 2020 at 9:30am — No Comments

Technology Strikes Back

Throughout history, humans have designed and created technology to make their lives easier. From the invention of the wheel itself to the eventual creation of the automobile, to today’s computer-integrated vehicles, we are more dependent on technology to improve our experiences than ever before.

 

But with that technology comes challenges. Most…

Continue

Added by Sean Reyes on August 17, 2020 at 10:26am — 1 Comment

How Automation Has Helped Businesses During a Pandemic

Automation has become a key element of digital transformation.  This shift could replace nearly 70% of manual, repetitive tasks, according to a Brookings Institute Report. Automation, in fact, has been slowly transforming the…

Continue

Added by Steve Southin on August 14, 2020 at 9:12am — No Comments

Patrick Lands His Dream Job with Video

Are you searching for a new career opportunity, or do you know someone who is? One of the most challenging aspects of searching for a job is making yourself stand out in a crowd. When you apply for a job online, your resume could be one of hundreds for the same position. There’s no way to know whether the person screening all these resumes will forward your…

Continue

Added by Timmy D. James on August 12, 2020 at 5:10pm — No Comments

Putting CX Front of Mind During a Sales Call

Customer experience can make or break a dealership. It is a term often used when making marketing strategy plans, but is it front of mind for every dealership employee; especially those who communicate with customers directly? If your sales and BDC staff are relying on old school phone and internet techniques, it’s not. The language salespeople use with…

Continue

Added by David Malone on August 12, 2020 at 11:01am — No Comments

What To Look For In An Automated Workflow Solution

From sales to finance, and IT to marketing, workflow automation can liberate almost any departments from the burden of tedious manual processes. A workflow automation process begins with a clear objective and ends at process evaluation. I have already discussed the handful of ways in which dealers are already using automation so let’s take a look at how…

Continue

Added by Steve Southin on August 11, 2020 at 10:16am — No Comments

How a Simple Analog Device Inspired a Digital Powerhouse

Kevin Systrom, one of the co-founders of Instagram attributes the creation of the powerhouse Photo Application and social network to a particular yet simple life event. He had chosen to study in Italy his Junior year of college, and a professor had replaced the state-of-the-art modern camera he had around his neck with the iconic but ultra-simple Holga…

Continue

Added by Steve Southin on August 7, 2020 at 9:30am — No Comments

Automation Let’s You Fly!

One of the most popular metaphors in business is how leaders are the pilots of their organizations: in the driver's seat, handling turbulence, and getting employees and customers to their destination. This is an easy metaphor to apply to automation, especially since aviation’s adoption of automation follows a similar path as it does with the automotive…

Continue

Added by Steve Southin on August 4, 2020 at 10:07am — No Comments

Introducing Digital Dealer NOW, Education on Demand

Continue

Added by DealerELITE on August 4, 2020 at 10:07am — 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