All Blog Posts (12,630)

A 25K-Technician Shortage Spells Problems by David Martin & Brett Coker

Last year it was reported that the automotive industry would experience a shortage of 25,000 technicians in the coming months. This was based on a recent survey that showed the demand for auto mechanics is expected to increase by 9% within five years.



This shortage affects vehicle service operations across the board from boats and RVs to buses. Often dealers…

Continue

Added by Richard Keeney on April 21, 2017 at 2:30pm — No Comments

The "Sold" Customer Follow-Up Blueprint by Richard Keeney

Make sure your salespeople stay on your customer’s radar through a scheduled follow-up plan. Don’t leave your monthly earnings up to chance by hoping for the best. Evaluate your current follow up process. Here is a sample schedule of what we’ve seen work well:

10 “Touches” Per Year

  • Set up calendar…
Continue

Added by Richard Keeney on April 21, 2017 at 12:30pm — No Comments

Trade Walk: A Great Sales Process Decision by Richard

Get potential customers to be less combative and more receptive to their trade-in value with a planned trade walk prior to serving them the proposal.



It’s said that around 65% of potential automobile customers have a trade-in to discuss, and most all of them have a higher price in mind that they want to get for that trade-in.



As we get into the…

Continue

Added by Richard Keeney on April 21, 2017 at 11:49am — 2 Comments

Sexting - from Congressman to car dealerships

The rapid development of communications technologies in the last quarter of a century has indeed transformed how people interact with each other — unfortunately, sometimes new technologies introduce inappropriate behavior. Sending sexually explicit text messages is one of these behaviors, it is called sexting.…

Continue

Added by Thomas F. Jung on April 21, 2017 at 5:03am — No Comments

Convenience: The Biggest Factor in Increasing Service Revenue & Retention

Convenience is one of the biggest factors that influences customers when choosing where to take their vehicles for service. For the younger generation it even trumps price. Independents know this and it is one of their key marketing messages, along with speed of service.

 

Dealers tend to fall behind in this type of messaging in general and have to fight…

Continue

Added by Ujj Nath on April 20, 2017 at 9:28am — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX FALLS TO 113.0 ENTERING APRIL

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, announced its latest Used Vehicle Retention Index figures, with the index listed at 113.0 at the end of March, a 0.8% decrease from the previous month’s mark of 113.9. Click here to obtain a copy of the latest index data.

 

The Black Book Used Vehicle Retention Index is calculated…

Continue

Added by Black Book on April 19, 2017 at 1:54pm — No Comments

It’s an Idea

All progress starts with an idea. Industry titans such as Henry Ford or Thomas Edison both started with an idea. The idea centers on an individual observing a need and thinking through a solution that would solve it. Although there is never guarantee in every idea being successful. It is essential to…

Continue

Added by Rob Gehring on April 19, 2017 at 11:30am — No Comments

The Road Map to Car Donation

When deciding how to get rid of your old car, you have a few options: sell, trade or donate. While donating seems like one of the easiest and most appealing ways to rid of a burden and contribute to a good cause, it takes more than just handing your keys over to an organization advertised on a billboard. Find out what makes a reputable charity, how your donation qualifies for a tax deduction, and much more with The Road Map to Car Donation. …

Continue

Added by Jeremy Silverstein on April 19, 2017 at 9:45am — No Comments

Rules for effective digital signage copy

Digital signage is everywhere. If you go shopping, you see it on menu boards. If you go on a journey, you see it on big digital billboards. If you go car shopping, you see it in the dealership waiting room. This kind of advertising has become a normal way of engaging customers. Pretty straightforward as well. “Look at what we can offer you!” And people…

Continue

Added by Thomas F. Jung on April 19, 2017 at 5:40am — No Comments

Why I absolutely love unsubscribes my from email list and you should too!

I absolutely love unsubscribes my from email list!

They are amazing, and I high five my team whenever I get some!

Why?

Because it means I’m getting noticed!

Let’s think about it… You only unsubscribe from…

Continue

Added by Dave Benson on April 18, 2017 at 11:36pm — No Comments

3 Easy Ways to Meet New Customers

It’s time to start getting comfortable with being uncomfortable. So many times we avoid networking opportunities and meeting new people because it can lead to uncomfortable situations.

But, on this week’s Think Tank Tuesday, I give you 3 easy ways you can meet your new and potential customers. …

Continue

Added by Paul Potratz on April 18, 2017 at 4:08pm — No Comments

13 Habits Of Super Persuasive People

I went over this article this morning in a business meeting with a group of business professionals, and it was very well received. 

Whether you’re convincing your boss to fund your project or your preschooler to put his shoes on, persuasion is a skill that’s instrumental to your success in life.

Persuasive people have an uncanny ability to get you leaning toward their way of thinking. Their secret weapon is likeability. They…

Continue

Added by Fred G. Slabine on April 18, 2017 at 12:13pm — No Comments

Customer Satisfaction Failures Can impact your Wallets

In the wake of the backlash from the recent United Airlines incident, it has been widely reported that many airline CEO’s salaries are, at least in part, connected to customer satisfaction scores. In the case of United’s CEO Oscar Munoz, poor customer satisfaction ratings can cost him…

Continue

Added by Mike Gorun on April 18, 2017 at 8:30am — No Comments

BUSINESS IS GREAT! I need help!!

Dealer Marketing Service is a San Francisco Bay Area agency representing companies that provide service contracts and other Finance Office products to new and used car dealers.  I am looking for someone to assist me in servicing my existing dealers and to call on other dealers to generate new business.  We represent truly outstanding F&I companies and products.  I will train you for success.  Unlimited earning potential with recurring commission.

Applicant must be well…

Continue

Added by Peter De Lowe on April 17, 2017 at 8:37pm — No Comments

My First Month

Initial thoughts on working in car sales after my first month: Honestly? I love talking with the guests. Getting to know them and find out what vehicle fits their needs is exhilarating, and rewarding. They walk in a guest, but leave as a friend.

Added by Daniel Wain on April 15, 2017 at 10:32am — No Comments

Dang It...Pick Up the Phone! by Richard Keeney

While communicating through email is extremely commonplace, we want to highlight why the traditional phone call is still of immense value. The personal touch of a voice call shows customers that you care and connects them on a more personal level. Taking the time to make calls to your customers shows them that you place them before your lengthy to-do…

Continue

Added by Richard Keeney on April 14, 2017 at 3:10pm — No Comments

Increase Closing Ratios: Role-Play the Proposal at the Desk by Richard Keeney

Prior to delivering the proposal, get your salespeople, especially your newer ones, to role play the figures with you as if you’re a customer. Everyone can benefit from having a rehearsal. With this strategy you can develop trust in your sales team through this verification process. You’ll be impressed with how this strategy can improve your closing ratios with just…

Continue

Added by Richard Keeney on April 14, 2017 at 2:30pm — No Comments

Tips for Buying a Used Car

When you think to buy a used car, you got a lot of questions in your mind. Its body condition, color, speed, engine and the cars history. You got a lot of doubts in your mind that if there are any accidents or if this car is used in any illegal work, in short if the car is legitimate or not. Many of these questions arise in your mind. Sometimes a used car run in your favor or become your biggest mistake. So, to avoid any future difficulty first check the used car history…

Continue

Added by Asad Shoaib on April 13, 2017 at 4:49pm — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX FALLS TO 113.0 ENTERING APRIL

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, announced its latest Used Vehicle Retention Index figures, with the index listed at 113.0 at the end of March, a 0.8% decrease from the previous month’s mark of 113.9. Click here to obtain a copy of the latest index data.

 

The Black Book Used Vehicle Retention Index is calculated…

Continue

Added by Black Book on April 13, 2017 at 10:15am — No Comments

Wake Up and Smell the Disruption!

While many companies have entered the retail automotive space trying to capitalize on the experience customers want but are not getting from dealers, the biggest threat is actually looming on the horizon: The Tesla Model 3.

 

Until now, Tesla has bucked the system while pushing its direct-to-consumer sales model. However, their past vehicles were limited in…

Continue

Added by Ujj Nath on April 13, 2017 at 9:51am — No Comments

Monthly Archives

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

1999

© 2024   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service