August 2022 Blog Posts (16)

Auto Dealership Buy/Sell Market Hits Another Record in First Half of 2022: Valuations Climb with Profits, Liquidity Drives Demand

 

 

Despite negative economic headlines and a volatile stock market, auto retailers continued their expansion through acquisition, with buy/sells increasing 16% YOY, despite spending pullbacks by public retailers, according to the Second Quarter 2022 Blue Sky…

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Added by Crystal Hartwell on August 31, 2022 at 8:21am — No Comments

Just Show Up!



Here we are again with the video series, Quality of Life.



Let’s start this week by taking a look at that Five Pillars… Continue

Added by Damian Boudreaux on August 30, 2022 at 12:00pm — No Comments

Goals don't mean anything without proper training!

Anyone can have work-related goals, but not everyone will achieve them. To achieve goals, we have to better ourselves. And to better ourselves, it takes practice and training.

 

So, while we often try to motivate our Sales Consultants and BD Agents by asking about their goals, we aren't always assisting them,…

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Added by Chris Vitale on August 29, 2022 at 12:25pm — 1 Comment

Relationships Give Back

Welcome back, my friends, to our video series, Quality of Life!

We’ve been discussing Ali’s record-breaking month in…

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Added by Damian Boudreaux on August 25, 2022 at 12:00pm — No Comments

morning minute August 24, 2022

https://youtu.be/IqxP3u3EzW0

(8/24/22) Morning Minute:

The phone screeched with a piercing, unavoidable ring!

This was not part of today’s plan. I had 2 appointments scheduled for this morning and did not need this interruption.

As I answered the call, Bob introduced himself. One of my clients referred him to me. His son had turned 16 and he wanted a used…

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Added by Larry Bonorato on August 24, 2022 at 11:08am — No Comments

FrogData Launches Data-Driven Decision Making for Everyday Business Operations

FrogData announced its new Decision Analytics Platform (FDAP) at the Gartner® Data & Analytics Summit 2022; it brings the power of an integrated and fully-managed decision analytics platform to operational managers at large and small organizations

Orlando, FL – August 22nd, 2022 – FrogData today announced, at the Gartner Data & Analytics Summit, the launch of FrogData Decision Analytics Platform…

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Added by Crystal Hartwell on August 22, 2022 at 1:15pm — No Comments

Relationships for Life

We’re back with another video in our series, Quality of Life!

Bringing you up to speed, we’ve been hearing all about the Five Pillars of High Achievement. We’ve…

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Added by Damian Boudreaux on August 21, 2022 at 12:00pm — No Comments

Consistency Worth Talking About



We want you to be profitable and proud of what you do. We want you to have all the success that you deserve. We want you to know that it’s possible for you! That’s exactly why we started the video series,… Continue

Added by Damian Boudreaux on August 19, 2022 at 12:00pm — No Comments

izmocars Launches izmoauto, a Multilingual Customizable Digital Retail Platform

izmoauto helps dealers market their brand directly with a customized multi-language website, expanding their reach into the fast-growing Hispanic market



San Francisco, CA – August 17, 2022 – izmocars today announced the launch of the izmoauto digital Retail Platform, designed to help auto dealers meet and engage today’s customers who are increasingly doing more of their car…

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Added by Crystal Hartwell on August 17, 2022 at 12:09pm — No Comments

Intentionality and Energy for the Books



In our video series Quality of Life, we’ve been exploring the mindset and process that Ali Reda used in December of 2018. That’s the month where he walked…

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Added by Damian Boudreaux on August 15, 2022 at 12:00pm — No Comments

How Dealer Data Predicts Performance, Halves Turnover

Why are dealers not solving their turnover problem?

Dealer groups have systems and tools that optimize most operating decisions: inventory, pricing, vehicle diagnostics, cash and so on but they lack a comparable intelligence focused on people.

Total people costs as a % of total gross average 40-70%.

However, dealers lack a formula and tools for optimizing their ideal workforce, eg. who’s our best-bet sales hire, who should we promote to sales manager.

Everyday…

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Added by Brett Morris on August 9, 2022 at 8:30am — No Comments

Record-Breaking Clarity



Thank you for joining us in the video series, Quality of Life. We’ve been talking about Ali Reda’s record breaking month of December 2018. You… Continue

Added by Damian Boudreaux on August 3, 2022 at 3:30pm — No Comments

Five Mistakes Auto Dealers Are Still Making with Vehicle Photography

If automotive dealers know that a car with unattractive photos receives zero clicks and ultimately fewer leads, why are they still having so many problems?  

I get asked all the time “Why do I need to shoot from a specific distance?”, “Why do I need to move the car for the light?”, and “Why does this detail matter?” 

That’s why I wanted to point out the five most common mistakes I STILL see dealers constantly making with…

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Added by John Sternal on August 2, 2022 at 3:48pm — No Comments

CULA and Affinity Federal Credit Union Partner to Offer Leasing Program

CULA expands its footprint in one of the top leasing markets with the largest credit union headquartered in New Jersey to offer comprehensive car leasing solutions

 

San Diego, CA, and Basking Ridge, NJ – August 2, 2022 – Credit Union Leasing of America (CULA) announced today that it has partnered with Affinity Federal Credit Union (“Affinity”), one of the nation’s largest credit unions, to bring the affordability and flexibility of…

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Added by Crystal Hartwell on August 2, 2022 at 1:24pm — No Comments

No Tomorrow Mindset



Ali Reda, ladies and gentlemen!



In the video series, Quality of Life, we’ve been learning more from Ali about exactly how… Continue

Added by Damian Boudreaux on August 1, 2022 at 3:30pm — No Comments

Cars.com Launches “Instant Offer” Nationwide, Empowers Consumers to Claim Highest Offer From a Local Dealer and Sell Their Car Instantly

Cars.com Has Generated More Than 5,000 Qualified Cash Offers for Consumers 

Since Launch to Select Markets in May

50% of Consumers Planning to Sell a Car Prefer to Trade In Their Used Vehicle at Dealership

 

CHICAGO (Aug. 1, 2022) — Americans have several options when…

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Added by Allison Phelps on August 1, 2022 at 7:37am — No Comments

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