The Weakest Link in Data Attribution Part II: Data Standardization
Today, too many dealerships rely on old attribution models, such as first-click or last-click. While current technological advancements provide a clearer picture of marketing with more up-to-date attribution models, dealers are failing to leverage the best technology to reach customers.
There is an obvious challenge. While selling cars over multiple channels…
ContinueAdded by Greg Geodakyan on September 24, 2018 at 10:03am — No Comments
Getting The Most Bang From Your Social Media Bucks
Today, it’s a well-known fact among dealers that a consistent presence on social media properties is vital to keeping their brand in front of consumers. It has also been found that some different types of content – text, images and video – perform better than others.
However, it’s still very difficult to know what the best TIME is to post content in order to…
ContinueAdded by Paul Moran on September 24, 2018 at 9:50am — No Comments
In Dealer Reviews, Women Rate Female Sales Consultants Higher Than Male Consultants
Decrease the Gender Gap and Increase Revenue
Changing Culture, Changing Tides
Women are buying 45% of all vehicles at new car dealers today. Further, whether purchasing for herself or as part of a couple, this market segment retains 100% of the “veto power” at the dealership. Still, less than 1 in 10 front-line positions are held by women.…
ContinueAdded by Anne Fleming on September 19, 2018 at 6:01pm — No Comments
Hello, is It Me You’re Looking For?
I frequently write about how, in my opinion, dealerships would be wise to expand their thinking and change attitudes towards recall customers … and not just recall customers, but all customers
The customer experience is key to building customer loyalty, increasing referrals and securing repeat business. It is also one of a dealership’s most important…
ContinueAdded by Chris Miller on September 21, 2018 at 10:30am — No Comments
Can You Sell Cars On Facebook Marketplace?
Since Facebook has exploded, businesses have all rushed to capture their audience’s attention and leverage the platform’s marketing potential. In the beginning, gaining business exposure on Facebook’s platform was relatively inexpensive. As Facebook continued to modify its algorithm to appease its users and better monetize the platform when it went public, Facebook…
Added by Todd Smith on September 20, 2018 at 10:00am — No Comments
Added by Marsh Buice on September 19, 2018 at 1:00pm — 3 Comments
Why Women Buyers Rate Saleswomen Higher Than Salesmen
Women buy 45% of all vehicles at new car dealers today. Still, less than 1 in 10 front-line positions are held by women. Does it matter if women consumers deal with women or men sales consultants during their shopping and buying experience?
Yes, it does.
In an industry-first national report,…
ContinueAdded by Anne Fleming on September 12, 2018 at 3:35pm — No Comments
Values Remained Stable Last Week
Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…
ContinueAdded by Black Book on September 18, 2018 at 11:44am — No Comments
This week, Jeff addresses the confusion about processes on the service drive. Which process or leader do you follow? Do you even have a process? Stay tuned to hear the importance of having a process, what results it will get you, and how to implement one properly. Copyright 2018 Wm Jeff Cowan
Website: AutomotiveServiceTraining.com
Added by Jeff Cowan on September 13, 2018 at 12:00pm — No Comments
Don’t Let Technology Make Your Customers Run for the Hills!
Communication is vital to business, that’s a given. In retail, businesses must be responsive, provide a great customer experience and stand by their products or services. But what happens when businesses fail at that? They get complaints.
A customer ordered some copper from a business that promised it to be of the highest…
ContinueAdded by Todd Smith on September 6, 2018 at 10:04am — No Comments
Mainstream Sedans Doing Better Than SUVs Three Weeks in a Row
Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…
ContinueAdded by Black Book on September 4, 2018 at 11:13am — No Comments
This week, Jeff covers a close for when clients simply can't say "Yes" because they need more money off, or negotiated. Rather, this close will show you how to build value without couponing yourself out of the commission! Copyright 2018 Wm Jeff Cowan
Website: thejeffcowan.com
Added by Jeff Cowan on September 4, 2018 at 8:43pm — No Comments
http://www.BradleyOnDemand.com 856-546-2440
Make Money Mondays With Sean V. Bradley - How To Handle Price With Internet Prospects.
This week's episode talks about "How To Handle Price" online, with Internet prospects or with "Phone Ups".
So many Car Dealerships…
ContinueAdded by Sean V. Bradley on August 10, 2015 at 11:02am — 2 Comments
Your Local Car Salesman Just Might Be Helping in the Fight Against Childhood Cancer
Your Local Car Salesman Just Might Be Helping in the Fight Against Childhood Cancer
Given nearly 16,000 children are…
ContinueAdded by Steve Stauning on September 1, 2018 at 9:27am — No Comments
What Is Worse Than A Disloyal Employee Who Leaves Your Dealership?
Not everyone who decides to be in the auto industry ends up wanting to stay in it and it is no secret that there is a high turnover rate in the car business.
Employee turnover costs dealerships money in several ways: Dealerships will experience a loss of training expenses; inexperienced…
ContinueAdded by Ken Potter on August 30, 2018 at 7:00pm — No Comments
This week, Jeff gives a sneak peek into some brand new content for his fall workshop tour starting next month! He covers 5 key areas that make up a closer, and covers what percentage of each area makes up that individual. Stay tuned and take notes to get you to the top of your closing game! Copyright 2018 Wm Jeff Cowan
To register for his fall workshop tour, email info@jcowansprotalk.com and mention promo code PODCAST.…
Added by Jeff Cowan on August 30, 2018 at 12:00pm — No Comments
Don’t let your Competition Out-Brand You!
I am sure many of you are familiar with the sad fate of Toys R Us. But, do you remember how it originated it’s online journey? In the beginning of the Toys R Us online venture, they made a deal with Amazon to be the exclusive…
Added by John Wingle on August 29, 2018 at 10:24am — No Comments
Stop Chasing Squirrels: The More You Know, the More You Sell
Henry Ford was once asked why he visited his executives rather than having them come to his office when problems arose or he needed questions answered. “I go to save them time,” said Ford. “I’ve found that I can leave the other fellow’s office a lot quicker than I can get him to leave mine.” Ford knew the necessity of gaining information.[1] He also knew…
Added by Todd Smith on August 30, 2018 at 10:02am — No Comments
Auto Dealership Buy/Sell Market Picks Up Steam: 2018 On Track for 5th Year of 200+ Acquisitions, According to The Blue Sky Report® released by Kerrigan Advisors
New tax law and economies of scale help publics and consolidators buck trends to grow earnings and fuel Q2 Buy/Sell market to 92% growth over Q1; one-eighth of all auto dealerships have changed hands since 2014 as industry consolidation continues
Irvine, CA – August 29, 2018 – The new tax law and improved economies of scale and scope are among the trends driving a robust Buy/Sell market in Q2, after a slow start to the year, according to The…
ContinueAdded by Crystal Hartwell on August 29, 2018 at 9:57am — No Comments
Content Marketing Is Not a One and Done Game
There is one common problem most companies run into when they start a content marketing strategy. Frequently, executives have unreal expectations and expect to go from zero to hero in a matter of days. They want an immediate return-on-investment – such as leads, engagement or website traffic. I am afraid that is simply not realistic. Hey, sometimes you can hit gold straight…
Added by sara callahan on August 29, 2018 at 9:58am — No Comments
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