Three Tips for Great Live Video Conversations with Customers
During these times, consumers are becoming more comfortable with online transactions and are much savvier about how they chose to communicate with businesses. As a result, dealers are having to utilize technologies they may not have previously embraced
Video, in and of itself, has proven to be a necessity for successful marketing for dealers.…
ContinueAdded by Timmy D. James on October 19, 2020 at 11:30am — No Comments
One View Unveils Vendor View: The Web-Based Vendor Contract and Storage Management Platform for Vehicle Dealerships
Digital uploads of vendor contracts and automated notifications of contract renewal or expirations ensure dealers are never caught off guard.
Indianapolis, IN – October 19, 2020 – One View, an auto industry-specific data solution specialist, today announced the release of its Vendor View contract storage and management platform. The web-based, user-friendly platform allows dealerships to upload copies of vendor contracts and…
ContinueAdded by Travis Peterson on October 19, 2020 at 8:22am — No Comments
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 into work every day with a NO TOMORROW…
ContinueAdded by Damian Boudreaux on October 18, 2020 at 1:00pm — No Comments
Season 2, Episode 3: "COVID & TikTok" - Automotive Advertising Podcast
Added by Jim Flint on October 16, 2020 at 9:42am — No Comments
The Ramifications of Price Increases
Dealerships are having a tough time acquiring used vehicle inventory at competitive prices right now. Due to recent OEM shutdowns, new car models are sparse. And, even with large rebates, incentives, and low interest rates, consumers are being especially careful with their finances in these tumultuous times and are shopping for used vehicles more than ever…
Added by Sean Reyes on October 16, 2020 at 8:42am — No Comments
The Ramifications of Price Increases
Dealerships are having a tough time acquiring used vehicle inventory at competitive prices right now. Due to recent OEM shutdowns, new car models are sparse. And, even with large rebates, incentives, and low interest rates, consumers are being especially careful with their finances in these tumultuous times and are shopping for used vehicles more than ever…
Added by Sean Reyes on October 16, 2020 at 8:42am — No Comments
Tap into Customer Emotions to Sell More Cars
You may be familiar with the saying, “Never let your emotions overpower your intelligence.” This advice is smart and logical, but how many people follow it?
When it comes to car buying, not very many. Emotions often take center stage.
Don’t get me wrong. There’s nothing inherently bad about putting emotions first. Consider a…
ContinueAdded by Bill Wittenmyer on October 14, 2020 at 4:11pm — No Comments
Everything You Need To Know About On-Facebook Destination for Automotive Inventory Ads
As many of you may know, Facebook recently rolled Click to Marketplace Ads out of beta. These ads have been renamed to On-Facebook Destination for Automotive Inventory Ads (AIA).
These ads appear in a carousel ad format just like standard Automotive Inventory Ads. However, this new Facebook advertising type allows car dealers to drive traffic to Facebook’s dynamic and mobile-optimized vehicle detail pages (VDP). These VDPs look very similar to your Marketplace…
Added by Joe Friedrichsen on October 13, 2020 at 11:00am — No Comments
Smart Bidding Isn't Always The Best...
Added by Jim Flint on October 13, 2020 at 9:51am — No Comments
From the days of tracking customers with index cards to the incredibly complex and varied solutions on the market today, there have undoubtedly been many evolutionary changes in the auto industry. Many of these technology solutions emerged before dealers even recognized a need, and so embracing new tools and processes was not…
Added by Wesley Gregg on October 12, 2020 at 10:30am — No Comments
What Service Managers Don’t Know and Why it Could Hurt Them
Industry experts predict that manufacturers’ will continue to double-down on service warranty audits. After all, chargebacks are an additional source of revenue that is sorely needed now.
Every service manager should take special note of this prediction. Here’s why:
Added by Travis Peterson on October 12, 2020 at 9:55am — No Comments
Lease Credit Approval Rates Rise Slightly To 67.6% In September
Lease Approval Ratings Have Remained Steady Since April
Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 67.6% approval rate in September, a slight increase from the August rate of 67.1%.
September experienced a slightly higher number of applicants with qualifications for taking over another person’s lease contract and one of the highest approval rates for the entirety of 2020. However, the number of lease…
ContinueAdded by John Sternal on October 12, 2020 at 9:34am — No Comments
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 remember, right? The one where he…
ContinueAdded by Damian Boudreaux on October 10, 2020 at 1:00pm — No Comments
Season 2, Episode 2: "Concepts" - Automotive Advertising Podcast
Added by Jim Flint on October 9, 2020 at 11:06am — No Comments
Annual Warranty Labor Rate Increase: Statutory or Factory Submission?
By Jordan Jankowski, Armatus Dealer Uplift
Every year, as dealers begin to work on their annual labor rate submissions, many are quick to grab their policies and procedures manuals to get started. For most, it’s a process that may involve filling out a competitive survey, producing a certain amount of consecutive qualified repair orders, or a…
ContinueAdded by Linda Snyder on October 9, 2020 at 9:30am — No Comments
Total Auto Originations Observations From Equifax
Origination Estimates through September 13, 2020 reported as of September 15, 2020
Auto: Total *Origination data subject to revision due to reporting lags. All data presented here are estimates.
Added by John Sternal on October 7, 2020 at 2:12pm — No Comments
David Kain Interviews Quotible Co-Founder, Nick Kaptain
Incredibly well respected automotive industry veteran, David Kain, sat down with Quotible's co-founder Nick Kaptain in an exclusive interview to discuss Quotible, an industry-leading and dealer founded quoting and communication platform.
We were honored to…
ContinueAdded by Nick Kaptain on October 6, 2020 at 11:01am — No Comments
Award recognizes the most innovative dealership solutions of 2020; finalists to compete and present their solutions virtually at the 2020 DrivingSales Executive Summit
Salt Lake City, UT – October 5, 2020 - DrivingSales today announced that finalists have been selected for the annual DrivingSales Innovation Cup Award, which…
ContinueAdded by Wesley Gregg on October 6, 2020 at 10:33am — No Comments
How AI & Humans Work Together
Added by Jim Flint on October 6, 2020 at 10:01am — No Comments
Net Up to $12k Per Month in Additional Gross Profit by Doing This
An eye-opening article in Auto Dealer Today cites dealers can generate as much as $12,000 per month in additional gross profit from retail reimbursement for warranty parts.
This makes sense when you consider that the majority of manufacturers pay on average 40 percent over cost. If a dealer is approved at 80 percent markup over cost, that dealer will in effect…
ContinueAdded by Travis Peterson on October 5, 2020 at 10:57am — No Comments
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