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…
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…
ContinueAdded 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…
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…
Added by Timmy D. James on August 12, 2020 at 5:10pm — 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…
Added by Steve Southin on August 11, 2020 at 10:16am — 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…
Added by David Malone on August 12, 2020 at 11:01am — 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…
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…
Added by Steve Southin on August 4, 2020 at 10:07am — No Comments
Added by DealerELITE on August 4, 2020 at 10:07am — No Comments
The Perils of Online Used Car Buying Services
These days, more channels are open for consumers to buy vehicles without leaving their homes. Whether that occurs through dealerships, independents, or online services, it is of concern, from a safety standpoint, that consumers know that their chosen vehicle is safe.
No consumer wants to spend thousands of dollars on a “lemon,” nor a vehicle…
ContinueAdded by Sean Reyes on July 29, 2020 at 9:56am — No Comments
Have You Ever Considered Using Shopstreaming? You Are Probably Already Doing It
Last year, U.S. e-commerce sales generated about $365.2 billion in revenue. With the COVID-19 pandemic resulting in changing shopping habits as nonessential businesses endure mandated closures, there is more incentive than ever to invest in growing…
Added by Steve Southin on July 31, 2020 at 9:57am — No Comments
How Automation is Already Helping Your Dealership (and Why You Should Investigate Other Ways) - Part 2
In my last blogI discussed how dealers have been using automation to manage internet lead processes. In this blog, I will take it one step further and explain how dealers are using an…
Added by Steve Southin on July 28, 2020 at 12:30pm — No Comments
I know that there are way too many stories like this in the auto industry. That's why I made it.
Added by DealerELITE on July 27, 2020 at 10:27pm — No Comments
Desperate Times, Desperate Measures and Trust
While traveling through Asia, Alexander the Great fell ill. Everyone was afraid to treat him, as they feared that, if they failed, they would be blamed for the King’s death. However, one physician was willing. While Alexander waited for the physician to prepare the medicine, he received a letter informing him that this physician was not to be trusted and…
Added by Sean Reyes on July 22, 2020 at 11:40am — No Comments
Productivity Is The Key to Revenue
Due to the current pandemic, customers are increasingly doing more shopping online. The current transformation to a digital retailing manner of car buying saw dealers scrambling to adapt to their current state’s requirements. Some dealers were shut down completely, others were able to sell online and some didn’t close at all. Regardless, dealers were still at…
Added by Mark Gibson on July 21, 2020 at 8:09am — No Comments
Want More Out of Current Leads? Lean on Your CRM.
If your CRM helped you nurture customer relationships, could you transform more leads into loyal customers?
The short answer is “yes,” and here’s why:
…
ContinueAdded by Bill Wittenmyer on July 22, 2020 at 3:20pm — No Comments
Keep the Summer Sales Steady with Service
As the weather heats up, sales traditionally tend to cool down in the dealership. We’ve all been there. This year, though pent-up demand has caused sales to soar for some, economic uncertainty still looms over many car buyers, and it will be prudent to focus on multiple revenue streams.
So, how can your dealership weather the uncertainty and…
ContinueAdded by Bill Wittenmyer on July 15, 2020 at 2:30pm — No Comments
A Digital Retail Do-Over
Before the Covid-19 pandemic and economic crisis, dealers have been struggling to adopt and perfect digital retailing and the need has accelerated at staggering speed. Data from McKinsey & Company show…
Added by Steve Southin on July 17, 2020 at 8:46am — No Comments
The Light at the End of the Tunnel
With Covid-19 creating a ripple effect across the socio-economic fabric of America, life as most of us know it has been disrupted, especially that of the retail customer journey which has migrated into the digital landscape. As a new normal materializes, even the more technophobic consumers have taken to digital retail platforms and applications to meet…
Added by Steve Southin on July 14, 2020 at 9:08am — No Comments
Seeing is Believing!
Some dealers miss opportunities to gain acceptance of service recommendations or upsells simply because consumers do not know why they are needed or important. Many advisors share the “canned” description. However, if the customer is not right in front of you it can be hard for them to understand what you are going on about and so they decline the…
Added by Timmy D. James on July 14, 2020 at 9:39am — No Comments
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