Customer begins shopping online 90 days from purchase
1) Starts at OEM sites at 90 day mark
2) Submits leads to 3rd party sites when they are 45-60 days from buying
3) Begins geo-targeting search around day 30 (types in "Kia Sorrento Raleigh") - at this time they are typically more ready to begin discussing specific vehicles, pricing and availability
Closing Ratios (national average):
OEM sites 6%
3rd party leads 8%
Dealer Website 16-18%
Costco 35%
Be-back and Referrals 50%
Prior Customers 65%
Average Cost Per Sale (across all marketing spends): $600
Source: NADA
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