Featured Blog Posts (3,860)

Facebook Marketing Goals: The Safe Approach

Setting goals on Facebook is extremely important. As I wrote last night, it’s the root cause of one of the biggest challenges businesses are facing in Facebook marketing: a lack of a proper strategy. If you…

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Added by JD Rucker on February 23, 2013 at 6:00am — No Comments

Be Different, Be Special, Sell Yourself and Stop Trashing Your Competitors!

 Be Different, Be Special and Sell Yourself.

“This would be a great business if it weren’t for the…

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Added by MANNY LUNA on February 22, 2013 at 4:30pm — No Comments

The Columbo Close On dealerElite.net

 

Columbo, the 1970's classic TV detective character, was one of the best closers of all time. While he wasn't employed as a sales professional or ever earned commission, he was a master closer. It…
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Added by MANNY LUNA on February 23, 2013 at 2:30am — No Comments

Define Your Facebook Goals Before Determining a Strategy

Aim

About a month ago I was asked when speaking before a group about what I thought the biggest mistake was that businesses were making on Facebook. I replied, “lack of coherent strategy” and went on about how too many business pages seemed like they were posting for the sake of posting, that they didn’t appear to moving in any particular…

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Added by JD Rucker on February 22, 2013 at 6:00am — No Comments

Top 2012 Car Brands as Rated by Women

Women-Drivers.com has released its 2012 report showing the top car brands as rated by women. Each year, Women‐Drivers.com tracks thousands of consumer reviews with regards to women’s purchasing and browsing experiences at new car dealerships. These scores are compiled from thousands of reviews written in the 2012 calendar year. On the site,…
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Added by Anne Fleming on February 20, 2013 at 7:09pm — 4 Comments

NCM wants to know: Will Your Dealership Experience A Smooth Landing? by David Ciambella

This article was written by David Ciamballa, partner with the Rawls Group.

You may recall an accident a couple of years ago  where a pilot encountered inclement weather while attempting to land in Buffalo. Following the accident, the National Transportation Safety Board (NTSB) issued a statement from which we learned that the pilots apparently lost focus as they were engaged in idle conversation while descending below 10,000 feet. By the time the pilots recognized they were in trouble…

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Added by Garry House on February 20, 2013 at 11:00am — 1 Comment

Use Hashtags Instead of Social Icons on Ads

If you ever want a crash course on the latest social media studies but don’t want to spend the money to do them yourself, just watch the Super Bowl. You have to assume that if companies are spending millions to produce and distribute 30 second spots for the big game, they’re going to research what’s working today.

This year’s…

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Added by JD Rucker on February 20, 2013 at 6:00am — No Comments

Nobody Wants To Be Your Friend When You Suck at Social Media.

Below, Social Media Week shows what happens when you Suck at Social Media:

"We need to stop talking about “social media” and start talking about digital content marketing. Because content is the backbone to any successful…
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Added by MANNY LUNA on February 20, 2013 at 1:00am — No Comments

“NCM Wants to Know: Are You Interested in Buy Here Pay Here?”

dealers are making good profits in BHPH

You keep hearing that dealers are making good profits in Buy Here Pay Here. You have decided that you would like to pursue the business. What is your next step? After all you may have been in the car business for years. You understand buying and selling cars. You know how to run a compliant Finance Department and a profitable shop. Isn’t BHPH or LHPH just other ways of financing cars?

The answer is not as simple as it might seem. A BHPH or LHPH operation takes…

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Added by Gene Daughtry Dealers411.net on February 19, 2013 at 3:56pm — No Comments

From the NCM Institute Blog: Auto Dealership F&I Sets the Stage for a Successful 2013 by Rebecca Chernek

If you haven’t already done so, it’s that time to review your 2012 performance in detail. In what areas did you fall short of your goals and why? Where could you have generated greater gains and how? Don’t allow January to slip by without these facts in writing and a discussion of how you can best move forward in 2013.

A common F&I pay plan in the automotive industry is known as the grid. It compensates managers based on their per vehicle retail performance and products sold…

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Added by Garry House on February 1, 2013 at 3:30pm — 1 Comment

NCM wants to know: Where Has All the Automotive Sales Talent Gone?

Rarely do we come across a dealer today who claims to have a sufficient number of vehicle sales personnel. When adding the word “quality” to “vehicle sales personnel,” the dealers’ claims of staffing success turn pretty ugly. Why is it so difficult to attract quality people for automotive sales positions?

Several years ago, I was working with a client in Southern California and conducting one of my rare sales training meetings. The subject of the meeting was "Developing and Engaging…

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Added by Garry House on January 27, 2013 at 8:30am — 17 Comments

From the NCM Institute blog: Structuring Your Dealership for 30% Net to Gross

NCM® Associates has been facilitating 20 Groups since 1947. And even from those early days, our moderators and member dealers have focused on the Net Profit to Gross Profit Percentage (Net-to-Gross %) as a key metric of perfor­mance measurement. Over at least the last three decades, the NCM 20 Group community has established 30% Net-to-Gross (BOT*) as the “best practices…

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Added by Robin Keller on November 29, 2011 at 3:30pm — No Comments

Never Waste a Facebook Post. Ever.

Waste

I’ve started hearing the second worst advice coming from social media “experts” that I’ve ever heard. It’s just a notch above “buy thousands of fans and followers” on the social media advice scale.

If someone tells you to “be sure to post something X-times a day on social media even if you have to throw something up.”

I know…

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Added by JD Rucker on February 19, 2013 at 3:30am — No Comments

How do we separate ourselves in this growing market?

We simply sell again. The internet will not sell for us. If we let the internet market do our selling we will continue to drive the margin down until there isn’t any profit left. We will build value in your dealership, your product and your sales staff then discuss price.

 The internet customer is currently free to browse as they please, shopping price after price. NO ONE is selling to this market! Imagine a customer phones in and asked for price and your new salesman…

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Added by Cheri Loveall on December 23, 2012 at 7:40pm — No Comments

7 Steps to Understanding How to Monitor Your Online Reputation [infographic]

Your online reputation should matter to you, whether you are online for business or for pleasure, if you have a presence online then you have a reputation you need to be managing. A simple way to manage your online reputation can be done using Google alerts which you can set…

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Added by Erin Ryan on February 18, 2013 at 4:00am — 2 Comments

The Universe Made Car Sales People And This Is Who We Are!

The Universe Made Car Sales People And This Is Who We Are!

 

I am proud to be a salesman, because more than any…

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Added by MANNY LUNA on February 16, 2013 at 9:30pm — 3 Comments

Dealers Should Not Follow Everyone Who Follows them on Twitter

TK Twitter Following

One of the biggest old-school truths that is obsolete today is the idea that you should follow everyone on Twitter that follows you. It was once considered “social media polite” to follow just about everyone who took the time to follow your own updates. This never included spammers or bots, of course, but when real people and companies followed yours,…

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Added by Louie Baur on February 17, 2013 at 4:00pm — No Comments

Around the World in Social Networking

Around the World

When we hear about how social media is growing, we often look at the rest of the world. Americans are all on social media, right? Not so fast.

In this infographic we made for Mashable, we highlight the way that social…

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Added by JD Rucker on February 17, 2013 at 3:30am — No Comments

Do Reviews Really Sell?

Do dealership reviews really sell cars? Are you confused about the discussions surrounding the importance of reviews? When you read reviews are you reading about the product or about where you are buying the product - Be Honest. This week on Think Tank Tuesday, learn the truth behind all the effort you've given to working on your dealership's reviews.…

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Added by Paul Potratz on February 12, 2013 at 4:00pm — No Comments

The Secret Sauce in Search Marketing

Go ahead and mark this down as the unpopular answer to the common question of the day. When people ask me what the secret sauce is in any truly successful search marketing program, whether through search engine optimization or PPC, my answer…

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Added by Louie Baur on February 16, 2013 at 4:11pm — 1 Comment

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