All Blog Posts (12,645)

Congratulations Graduates

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Added by DealerELITE on June 12, 2018 at 12:30pm — No Comments

Success in Professional Sales Podcast- Episode 32: How to Overcome the Price Objection

This week, Jeff discusses how to counter the dreaded price objection! It's a simple concept; You don't decrease your price, you increase the value! Stay tuned to hear many ways that Jeff suggests to increase the value on any product or service you sell. Copyright 2018 Wm Jeff Cowan

Website: thejeffcowan.com

Click HERE to watch!…

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Added by Jeff Cowan on June 12, 2018 at 12:00pm — No Comments

Mid-Size Car Values Drop

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. Click here to download the full…

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Added by Black Book on June 12, 2018 at 8:58am — No Comments

How Small Dealers Can Win the War Over Size

If you have been paying attention to industry trends I am sure you have noticed the ever-increasing gap between the size of smaller dealerships and large auto groups. Groups are swallowing up smaller dealers left and right as they continue to grow.

 

Of course, size matters when it comes to many things in the dealership world and the consolidation of the…

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Added by Ujj Nath on June 11, 2018 at 9:35am — No Comments

TURNOVER

Recently, I spoke with an associate;  a top automotive recruiter. What I learned from them was not all that surprising. In my travels many in auto sales  have jumped ship or left the business altogether. 

 

He shared his thoughts which were based simply in that the younger generation is hungry to make money, but in many…

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Added by Lois Burak on June 8, 2018 at 11:30am — No Comments

Write Service Podcast: Episode 32- The Myths of Writing Service Part 4

This week, Jeff continues with the last five myths of this series. Stay tuned to hear what they are, how to bust them, and back them up with facts. Each one is perfect to use as a training tool, meeting topic, or simply food for thought! Copyright 2018 Wm Jeff Cowan

Website: AutomotiveServiceTraining.com

Click HERE to watch!…

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Added by Jeff Cowan on June 7, 2018 at 12:00pm — No Comments

NEW PROTECTIVE ASSET PROTECTION SURVEY SHOWS WHERE DRIVERS ARE USING THEIR VEHICLE SERVICE CONTRACT AND ANCILLARY BENEFITS

High Performance Tires and Wheels; Complex In-Vehicle Technology Benefits Increase

Protective Asset Protection, a provider of F&I programs, services, and dealer-owned warranty programs, announced today results of the second part of its recent survey addressing consumer and dealer trends in Vehicle Service Contracts and Ancillary Protection Plans. According to the survey, 42% of respondents estimate their…

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Added by John Sternal on June 7, 2018 at 9:22am — No Comments

#Theoryof5

In 2012 I had the pleasure of meeting Mr. Saraceno through an introduction by David Lewis.

I was new to the world of outside sales as well as the automotive industry. Sure there were striking similarities to owning a salon and day spa - but the average person rarely recognizes that connection.

I’ll never forget my first meeting with Chris. I was instantly impressed with the time he took to learn more about what brought me to work for David Lewis and Associates. We spoke about…

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Added by Lois Burak on June 6, 2018 at 7:27pm — 1 Comment

Why Reviews from the Decision-Maker Matter

Reviews are everywhere. Car dealer reviews are no exception. How can your dealership leverage reviews to maximize their positive impact and improve sales to women customers?

National research shows that women use car dealer reviews 50% more than men. Additionally, women are happy to write reviews when asked. This means when you ask for a review, you…

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Added by Anne Fleming on June 6, 2018 at 12:37pm — No Comments

BDC Overwhelm? Use a Hybrid Solution for Heavy Lifting

Many dealers prefer using internal BDCs so they can keep control of leads and processes. Other dealerships use an external BDC for cost, management and efficiency reasons. Just about every dealer believes it’s a choice: you either set up an internal BDC or outsource to a third-party virtual BDC.

 …

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Added by Bill Wittenmyer on June 6, 2018 at 10:07am — No Comments

A Need for Good People

I have written and spoken extensively on the need for qualified technicians. This morning’s news says there are now more job openings than unemployed people nationwide. This means if every job opening was filled there wouldn’t be enough unemployed individuals to fill those positions. Many dealerships haven’t placed importance on compensating their teams…

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Added by Rob Gehring on June 6, 2018 at 10:00am — No Comments

Top 7 tips to help buying a Hot Tub

Purchasing a hot tub may be a compound and puzzling procedure. Several hot tub brands and features accessible, select the correct hot tub might be perplexing. These tips will help to make it easy for you.

Be sure of Why?

Answering why buying a hot tub is a first and foremost thing. Generally, people buy hot tubs for three foremost…

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Added by Daniel Ross on June 6, 2018 at 7:51am — No Comments

Luxury Vehicles Depreciated Faster

Welcome to this week's edition of Black Book Market Insights, with in-depth analysis of used car and truck valuation trends and insights straight from the auction lanes. …

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Added by Black Book on June 5, 2018 at 3:02pm — No Comments

Success in Professional Sales Podcast- Episode 31: The Halfway Mark

This week, Jeff discusses how to assess yourself at the halfway mark. We've made it to June, with just six months left to reach your yearly goals! Are you ahead of target, on target, or behind? Jeff covers each category and tips to re-evaluate. Copyright 2018 Wm Jeff Cowan

Website: TheJeffCowan.com

Click HERE to watch!…

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Added by Jeff Cowan on June 5, 2018 at 12:00pm — No Comments

BLACK BOOK USED VEHICLE RETENTION INDEX SEES 15 SEGMENTS WITH GAINS DURING MAY

Monthly Index Has Declined Just Three Times Over Last Ten Months

 

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value…

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Added by Black Book on June 5, 2018 at 11:13am — No Comments

Why Don’t People Schedule Online?

According to the 2017 JD Power CSI survey, only 13 percent of consumers scheduled their vehicle service online. The progress toward online scheduling has been glacially slow, rising only two percentage points over the past three years.

 

This is despite the fact that nearly all dealerships now have an online scheduler and most service reminders are digital.…

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Added by Scot Eisenfelder on June 5, 2018 at 9:27am — No Comments

BLACK BOOK VALUATION DATA NOW INTEGRATES WITH GOLDPOINT SYSTEMS

Used & Specialty Vehicle Valuations Data Integrates for Loan Originations

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, announced today the integration of its vehicle valuation data with GOLDpoint Systems, a leading loan origination system utilized by auto lenders across the United States.

GOLDpoint’s suite of loan management software…

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Added by Black Book on June 4, 2018 at 11:17am — No Comments

Technician Time Punches

We have been in many shops where the techs and management tell us, “Hey, my guy can beat the clock on every one of these repairs and do it in less than half the time. So now what? Do I have to keep on the job to have 70% time punch?”

 

So let’s talk about what a labor operation and its associated time include for most manufacturers.

  • Time to bring the vehicle into the shop ( except Jag and Rover have a separate operation for this).…
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Added by AWN INC on June 4, 2018 at 10:58am — No Comments

Auto/Mate Integrates with Quik Video, Helping Dealers Improve Service Customer Retention and Satisfaction

Albany, NY – June 4, 2018​ – Auto/Mate Dealership Systems has integrated its dealership management system (DMS) with Quik Video, a provider of video technology to dealership service departments. With the addition of Quik Video, Auto/Mate customers have the option to create and send videos that can change multi-point inspection (MPI) identified…

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Added by Mike Esposito on June 4, 2018 at 9:20am — No Comments

Manager Development Is Everything!

Just because people are at work working, doesn’t mean they love what they do and who they do it for.

There are many people who simply hate there job and can’t wait to quit or get fired and don’t even care because they’re verbally abused, made fun of, ridiculed and made to feel inferior and stupid by their managers.…

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Added by Joseph Cala on June 3, 2018 at 11:30pm — No Comments

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