Mark Tewart's Blog Posts Tagged 'management' (104)

Automotive Sales Training - The Difference Maker - The Trade-In

Think of how much selling vehicles has changed in the last several years. Now think of what is being taught in most dealerships regarding the road to the sale. Considering the education and interaction that occurs before the customer ever gets to the dealership, most sales training is outdated. One key difference maker can be the customer’s trade-in.

 

I am not referring to the trade value in monetary terms, but in informational and relational terms. Let’s examine a few facts.…

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Added by Mark Tewart on January 18, 2013 at 11:30am — 2 Comments

Automotive Sales Training - Bridging the Sales Gap in the Internet Process

It seems like every week there is a new digital or Internet conference. Information is flowing and being digested at a pace never seen before in history. To go along with all the new information, there seems to be matching software, programs and gadgets that are supposed to streamline, make sense of and monetize all the information and change. Unfortunately, none of those programs or gadgets is the real answer to making money in today’s marketplace.

 

Every one of those new…

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Added by Mark Tewart on January 16, 2013 at 11:00am — No Comments

Automotive Sales Training - Choose To Win Or Choose To Lose

Traffic is slow, business is weak, the economy stinks and banks aren’t buying. Repeat this mantra 100 times and see how you feel. I promise you that if you replay this message enough, you will believe it as absolute truth and become depressed and desperate. No matter what circumstances are at present, the choice is simple: You choose to win or choose to lose.

 

The one single ingredient that is always present in any success story is self-determination. You are always…

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Added by Mark Tewart on January 11, 2013 at 4:00pm — 2 Comments

Automotive Sales Training - The 8th Wonder of the World

In business, compounding interest is often referred to as the “Eighth Wonder of the World.” In business, and especially sales, I compare the compounding effect of interest to the compounding effect that occurs with current customers who can become repeat customers and referral machines.

 

You may have seen examples of how someone can start an Individual Retirement Account when they are 25, invest $2,000 a year and by retirement age they will have a significant seven-figure…

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Added by Mark Tewart on January 9, 2013 at 4:00pm — 2 Comments

Automotive Sales Training - I Want To Think About It

“I want to think about it.”

 

Baloney. If you believe and allow this excuse from customers, you and your family will be eating Ramen Noodle soup your whole career. When customers tell you they want to think about it, they are really telling you they either have an unspoken objection or they are not convinced that you or your product and service is right for them.

 

The next time a couple tells you that they want to think about it, watch them as they get out of…

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Added by Mark Tewart on January 7, 2013 at 4:30pm — 6 Comments

Automotive Sales Training - Kill The Wolf

What's the common image of a salesperson? The big bad wolf.

The big bad wolf seeks and destroys. It's a predator who pounces on its prey, eats the weak and leaves a bloody mess behind. This image makes the job of salespeople a lot harder than it should be. The good news is that this creates an opportunity to kill the wolf and turn the negative into a positive.

If you were to ask 10 customers what they hate about salespeople and the buying experience, you'd get an earful. Take…

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Added by Mark Tewart on January 3, 2013 at 2:00pm — No Comments

Automotive Sales Training - Why Your New Year's Resolutions Fail

When you read the title to this article, did it make you wince? Did it make you a little angry? For most of you, you have already let your resolutions go to the wayside with empty promises. The good news is that you can achieve most, if not all, of your resolutions.

 

First of all, words are cheap. You must truly decide. You are who you decide to be at any given moment. When you truly decide to achieve something, you begin to walk, talk and act more like that person who…

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Added by Mark Tewart on December 31, 2012 at 11:00am — No Comments

Automotive Sales Training - Change More Than The Calendar

The last quarter of the year rolls around and you begin to hear some common refrains:

  • "We are waiting until the first of the year"
  • "Starting in January I am going to..."
  • "We have to wait until spring when business picks up"
  • "The first of the year I am really going to get into it."

Here's the reality for most people who make these statements: The calendar is the only thing that changes.

If you are waiting for the calendar to change…

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Added by Mark Tewart on December 27, 2012 at 11:00am — 2 Comments

Automotive Sales Training - Create A River of Leads

Every salesperson is really in two businesses: the people business and the marketing business. If you are great with people but don’t have any customers to demonstrate this quality to, you’re in trouble. Marketing must become the No. 1 function of any business, including sales. Marketing precedes sales.

 

Begin to think in terms of leads, not sales. You need marketing that will generate leads. Most salespeople think only in terms of advertising. Salespeople either wait…

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Added by Mark Tewart on December 25, 2012 at 11:00am — No Comments

Automotive Sales Training - What Santa Teaches You About Sales

It's the Christmas season and Santa Claus is everywhere you look. It's also the time of year to reflect on the year past and look forward and plan the new year. Santa Claus is a great sales model in both cases.

First of all, Santa Claus rewards you based upon the past year. If you were a good boy or girl you get rewarded. Ask yourself if you were a good boy or girl…

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Added by Mark Tewart on December 21, 2012 at 12:30pm — 1 Comment

Automotive Sales Training - Are You A Hustler?

Do you hustle? I mean really hustle. As a kid growing up I was a huge fan of the Big Red Machine, Cincinnati Reds baseball team. Pete Rose became my favorite athlete. Forget about Pete Rose as a man and all his personal shortcomings, Pete Rose gave it his all every time he stepped on a baseball field. Pete truly earned his nickname Charlie Hustle.” If you want to be successful, no matter your looks, talent, connections or anything else have going for you, you have to learn to…

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Added by Mark Tewart on December 19, 2012 at 9:30am — No Comments

Automotive Sales Training - The Death of the Traditional Dealership: Part 8

Surveys continually show that people dislike buying a vehicle. Although the numbers have gotten better over the years, people still dislike the car-buying experience. The key word here is “experience.” Everything you do is sales and selling. Every person in the dealership is in sales. Everything the customer sees is selling. What message is the customer receiving?

 

Selling today is not about feature-benefit selling alone. Any dealership that is being trained primarily on…

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Added by Mark Tewart on December 17, 2012 at 4:00pm — 5 Comments

Automotive Sales Training - The Death of the Traditional Dealership: Part 7

 “The more things change, the more things stay the same.” This quote can be an accurate reflection of most industries. With all the massive changes underway in the automotive industry, the majority of the industry operates in much the same way as it did 50 years ago.

 

One small part of an industry begins to change and reaches what Malcolm Gladwell termed in his book the “tipping point.” That tipping point allows the change to gain momentum and become norm for an industry. This…

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Added by Mark Tewart on December 13, 2012 at 10:00am — No Comments

Automotive Sales Training - The Death of the Traditional Dealership: Part 6

Everyday managers walk into their dealerships in the morning and start their day with tasks or TO-Do list items. Unfortunately, those items rarely involve direct interaction with their sales team. The ultimate place for managers to be is in front of customers and salespeople.

 

Salespeople need interaction and input. If a manager allows a salesperson to direct their own day by their own design without input and coaching, the results will often be lackluster and will lead to…

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Added by Mark Tewart on December 11, 2012 at 4:30pm — No Comments

Automotive Sales Training - The Death of the Traditional Dealership: Part 5

The average dealership hires a salesperson and, after a brief introduction of paperwork, allows the salesperson to begin talking to and selling to their customers. Some dealerships may send the salesperson to a meeting room to watch a series of perfunctory training videos and then cut them loose on the showroom floor to sell. Either way, the day of unleashing an untrained salesperson on a well-trained customer is dead.

 

The days of counting on a steady stream of traffic and…

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Added by Mark Tewart on December 7, 2012 at 11:00am — 3 Comments

Automotive Sales Training - The Death of the Traditional Dealership: Part 4

Everyone talks about change, but few people embrace it. Change is growth, and growth is positive and unavoidable. If you don’t change, the world will change without you and leave you behind. In business today, change is occurring at a rapid pace and is causing the death of traditional salespeople as we know them.

 

In the age-old process of selling, the emphasis has been on a linear “road to the sale” process. Step One leads to Step Two and so on. The Internet information age…

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Added by Mark Tewart on December 5, 2012 at 1:30pm — 7 Comments

Automotive Sales Training - The Death of the Traditional Dealership: Part 3

Every year at the NADA Convention, the exhibit hall is full of CRM and BDC companies displaying their wares. Dealers spend massive amounts of money in a frenzy to buy the “magic button” CRM or BDC solution for many reasons. Unfortunately most of those reasons aren’t valid. Putting great tools in the hands of below-average people with below-average processes and little-to-no accountability equals a waste of money.

 

Let’s look at some of the underlying reasons why dealers buy…

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Added by Mark Tewart on December 3, 2012 at 10:30am — No Comments

Automotive Sales training - The Death of the Traditional Dealership: Part 2

Do you feel like you are missing out on something? Are you confused as to what the next step is in making your dealership successful? It’s a different ballgame than it was even just a few years ago. The traditional dealership is dead and you must bury it to prosper in the future.

 

For years, the car business could be a forgiving business. There was room for a lot of error in a dealership, and yet a dealership could still be profitable. Those days are gone. Dealerships…

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Added by Mark Tewart on November 29, 2012 at 1:00pm — 4 Comments

Automotive Sales Training - The Death of the Traditional Dealership: Part 1

The traditional dealership is dead but some have not had their funeral yet. It seems as though as much as some things change in the auto industry, as many things stay the same. Every week our trainers observe things in dealerships that look and feel like the 1960’s.

Let’s take a look at some things still commonly observed in dealerships that are outdated and should be changed.

1) Manager Towers – High towers built for…

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Added by Mark Tewart on November 27, 2012 at 2:00pm — 8 Comments

Automotive Sales management Training - By Popular Request

Mark Tewart's “High Performance Management Workshop”

 

When:   Monday, September 19th and Tuesday, September 20th

Where:   Hilton Cincinnati Netherland Plaza (35 West Fifth St.)  Cincinnati OH

Times:      8:30 - 4:30 Wednesday…

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Added by Mark Tewart on August 16, 2011 at 10:30am — No Comments

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