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Added by Sean V. Bradley on November 14, 2014 at 10:31pm — No Comments
Ten Stupid Policies That Drive Great Employees Away
Just read this great blog post on Linkedin.
One example is
Bell Curve Performance Reviews
Performance reviews in general are a…
ContinueAdded by Mark Dubis on November 15, 2014 at 2:57pm — No Comments
WHEN THE HECK SHOULD I HIRE MORE PEOPLE AND HOW MANY?????
WHEN THE HECK SHOULD I HIRE MORE PEOPLE AND HOW MANY?????
Let’s look at the Law of Diminishing Return as a measuring tool to use in the decision to hire more people, regardless of the department in your dealership. I would certainly search Google and read as many examples as you possibly can on this…
ContinueAdded by Craig Lockerd on November 12, 2014 at 4:01pm — No Comments
Three Tips to Boost Email Collection Rates
A name without an email address is a wasted opportunity. For every 10,000 contacts pulled from dealership management systems, on average only 3,000 have deliverable email addresses. This means that most dealers are unable to send emails to 70 percent of their past, current and potential customers.
That's money left on the table, folks. Email is probably your…
Added by Jennifer Kras on November 12, 2014 at 11:42am — 3 Comments
Why Sending Bad Emails Hurts Your Business
Way too often we see dealerships handing over databases to vendors to facilitate a mass email campaign to an entire unfiltered list of customers. Vendors certainly have a stake in larger email campaigns since the odds that a dealer obtains business from the campaign increases - due to sheer numbers. A smart dealer will analyze their open rates and have tools set up to track…
Added by Scott T Joseph on November 12, 2014 at 9:30am — No Comments
Don’t Get Distracted by Gadgets and Gizmos: Master the Basics to Succeed
For years, dealers have been inundated with technology. Salespeople from every vendor in the automotive space are continuously calling to present the latest and greatest product that is going to supercharge your sales. Great salespeople can convince a dealer or general manager to try products. Some of these products are excellent and could actually help … if you understand…
Added by Brian Cox on November 11, 2014 at 8:52am — 3 Comments
Beat The Million Dollar Man
You Don't Need A Million Dollar Budget
When your competition is spending large sums of money on advertising, you can either try to outspend them or try to outsmart them. Spending your ad dollars on the right channels will prove more effective than trying to go dollar-for-dollar with the big spenders in your market.
On this episode of…
Added by Paul Potratz on November 11, 2014 at 3:39pm — No Comments
A message to all Automotive STARS!
Did you ever wonder how to determine who would be good at selling cars in today's market... Or if the sales applicant in front you has the traits needed to succeed at your dealership? dE members,now have an opportunity to find out by using a scientifically proven effective simulator…
ContinueAdded by DealerELITE on February 16, 2014 at 10:00am — 10 Comments
Breaking News: Gas Under $3 And No Major Reaction
Hello and welcome to this week’s edition of Beggs on the Used Car Market, with insights from Ricky Beggs of Black Book. It is the time of the year where I love the crisp cool mornings, the recent changing of the color of the leaves as they go from green, to yellow, red, orange to brown and finally fall to the ground. It is also that time of the year that I don’t get too warm and…
ContinueAdded by Black Book on November 10, 2014 at 11:30am — No Comments
What Have you Done for Me Lately?
A few years ago, car dealers across the nation were caught in the net of a struggling economy. Fewer sales compounded by budget conscious customers caused many car dealerships to restructure their corporate operations, reduce staff and tighten their wallets. Many dealership owners, along with their manufacturers, were faced with downsizing or total elimination. In the midst…
Added by Richard Holland on November 6, 2014 at 9:29am — 1 Comment
dealerELITE has a couple simple rules to follow:
- Be polite and courteous to each other
- Do not "self-advertise" otherwise dE will remove that comment
If either of these two rules are broken, dealerELITE has the right to make changes to your posting, comments, photos, videos, etc, or even remove your…
ContinueAdded by DealerELITE on November 5, 2013 at 4:30pm — No Comments
Sustainability And An Interesting Market
Hello and welcome to this week’s edition of Beggs on the Used Car Market with insights from Ricky Beggs and Black Book. It has been an exciting week for the Editorial team at Black Book. The primary focus of looking at the actual wholesale market activity and values brought some interesting adjustments. More details on that in a few moments.
New products in the marketplace…
Added by Black Book on November 3, 2014 at 11:39am — No Comments
Car Shopping: The Dating Game
For many car owners, their vehicles become an extension of their lives, a partner, and something that they have a true emotional bond with. In most places, cars are necessary to life. We use them to get to work, visit friends and family and take our kids to football practice. According to…
Added by Timmy D. James on November 3, 2014 at 8:24am — No Comments
The Reason Why a Dealership Should Use Mobile Marketing
In the modern day, auto dealership owners are being encouraged to tap into the benefits of mobile marketing. So, what are the reasons why a dealership should use mobile marketing? Is it the only effective form of marketing today? Does it mean that other forms of marketing are obsolete? Mobile marketing is in no doubt among the best forms of marketing today. The use of mobile devices has been on the rise in recent times and thus business owners find it…
ContinueAdded by Fred G. Slabine on November 3, 2014 at 8:00am — No Comments
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Make Money Mondays with Sean V. Bradley - "Increase Appointment Shows" - Video…
Added by Sean V. Bradley on November 3, 2014 at 1:46am — No Comments
Swapalease.com Disagrees With Consumer Reports
Swapalease.com is more than just an advocate of lease transfer. The company is also a strong advocate of leasing. Therefore, Swapalease.com is challenging many of the points made by Consumer Reports in a recent lease versus loan comparison column, “Buying vs. leasing basics for cars”, published earlier this month.
“It was disappointing to see the details of the…
ContinueAdded by John Sternal on October 31, 2014 at 12:35pm — No Comments
Using Data to Increase Service Revenue
One of the most valuable assets you have at your dealership is your customer database. However, frequently dealers fail to effectively use this information to help achieve more specific marketing goals. While some may use their database to send marketing messages to existing and previous customers in an effort to sell another vehicle, or perhaps remind of a future service…
Added by Richard Holland on October 30, 2014 at 8:52am — No Comments
Added by J.R. Batchelor on October 30, 2014 at 9:28pm — No Comments
Last day of the month people! Get everything you can today and make every deal possible! Revisit missed opportunities and close with urgency! Remember that today will always be the best day to make it happen! Finish Strong! Hit your bonus levels! Refuse to quit! Stay positive! Keep asking for the deal! Have a great day! Keep calm & close the deal!!…
ContinueAdded by Joseph Cala on October 31, 2014 at 8:09am — No Comments
There are two kinds of auto dealers on Facebook – ones that have mistaken their Facebook feed for a billboard, and ones that have gotten to grips with the way Facebook works and are churning out one funny update after the other. The build-up to this year’s Halloween festivities has clearly shown who’s doing the right thing and who needs to learn more about social media.…
ContinueAdded by Arvid Linde on October 31, 2013 at 2:00pm — No Comments
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