All Blog Posts (12,645)

BLACK BOOK USED VEHICLE RETENTION INDEX FINISHES DECEMBER ON A SLIGHTLY WEAKER NOTE

Black Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, released its Used Vehicle Retention Index for December, with the Index falling -0.7% from 115.0 to 114.1 last month, its first decline in the last four months dating back to August.…
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Added by Black Book on January 8, 2018 at 1:11pm — No Comments

Brand Centric Growth

I once heard influential thinker Michael Porter say that strategy is as much about what you choose not…

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Added by Scot Eisenfelder on January 8, 2018 at 9:26am — No Comments

Auto/Mate Presents “Turnover Costs Dealerships Billions: How to Retain Your Best Employees” in Automotive News Webinar

ALBANY, N.Y. – Jan 8, 2018 – Auto/Mate Dealership Systems (http://www.automate.com) will present a free Automotive News PowerTRAINING webinar titled “Turnover Costs Dealerships Billions: How to Retain Your Best Employees.” The webinar is scheduled for Tuesday, Jan. 23 at 2 p.m. EST.  

 

"Your top-performing employees are the most valuable assets in your dealership. Yet, dealerships are still experiencing a sales…

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Added by Mike Esposito on January 8, 2018 at 9:21am — No Comments

Sadly Dealers Still Believe In Conquest Email

I have written extensively in the past two years about conquest email campaigns and have warned dealers that most companies offering these services generate highly suspicious worthless traffic.

Most conquest campaigns generate website traffic that does not act like a consumer, does not asks questions like a consumer or researches vehicles like the other…

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Added by Brian Pasch on January 6, 2018 at 2:43pm — 1 Comment

Could Subscription Services & Autonomous Vehicles Solve the Recall Epidemic?

While the struggle to decrease unrepaired recall vehicles on the road continues, new business models…

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Added by Chris Miller on January 5, 2018 at 9:27am — No Comments

Why Should We Focus on Women? Part 2

-by Sally Whitesell for AutoSuccess Service Magazine

You know from Part 1 that women are crucial to your business. So are you making women a top priority?

If you meet the expectations of women you will exceed the expectations of…

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Added by Sally Whitesell on January 4, 2018 at 4:27pm — No Comments

Episode 10- Write Service Podcast

Do you have numbers or goals that you can't seem to reach? You do all the training, all the role plays, all the walk-arounds, but can't seem to get there? Why? Don't be afraid to hold your people accountable! This week, Jeff discusses accountability and the best steps to maintaining consistency with your entire staff. Copyright 2017 Wm. Jeff Cowan

Click here to watch!…

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Added by Jeff Cowan on January 4, 2018 at 12:00pm — No Comments

Are Autonomous Vehicles the Future of Automotive Marketing?

If you backtrack through the history of advertising and marketing, you’ll find it’s always been about pushing the message to the consumer. In the old days radio and television were the dominant media and consumers had little choice but to watch and listen.…

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Added by Steve White on January 4, 2018 at 9:26am — No Comments

Record Decline for Car Segment

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 January 3, 2018 at 2:38pm — No Comments

Did you leave money on the table in 2017?

Gross profit is critical to the bottom line and warranty parts and labor reduce our results. The cost of training, equipment, special tools, and labor continue to rise making profit a challenge for dealerships. Our new Margin Plus program can get your dealership additional gross profit to offset the challenges. Let’s see what you are leaving on the…

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Added by Rob Gehring on January 3, 2018 at 12:30pm — No Comments

Service Managers/Advisers -You only get 1-2 opportunities to get face to face with your customers on a yearly basis!

 Your Customers come into your Service Department, once, twice or possibly three times a year, (if they drive a lot of miles!)

 

It's your ONLY OPPORTUNITY to get face to face with them! 

 

Let me repeat that...

 

IT'S THE ONLY OPPORTUNITY YOU MUST GET FACE TO FACE WITH…

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Added by Jim Kristoff on January 3, 2018 at 12:28pm — No Comments

Episode 9- Success in Sales and Life in General!

This week, Jeff discusses steps for making 2018 your most successful year yet! These steps will help you maximize your potential, repeat your biggest successes, and grow exponentially! Copyright 2017 Wm. Jeff Cowan

Click here to watch now! Also available on iTunes, GooglePlay, & Stitcher. …

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Added by Jeff Cowan on January 2, 2018 at 12:00pm — No Comments

Do You Want E-Contracting or Not? Decide Already!

Much progress has been made i…

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Added by Ujj Nath on January 2, 2018 at 9:48am — No Comments

Your 2018 Budget: Volume and Gross Budgeting for Sales

How is your budget shaping up for 2018? Having fun yet? This is the second part in a series of blogs on how to create a budget that will help you achieve your growth goals. In Part 1, I shared tips on how to do a SWOT analysis. This installment will tackle…

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Added by Kip Miles on December 29, 2017 at 12:25pm — No Comments

Recalls: Perhaps California has the Solution?

It’s always frustrating to read articles about the challenges legislators, manufacturers and states have with…

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Added by Chris Miller on December 29, 2017 at 9:27am — No Comments

Disagreeing Well With The Theory Of 5 Philosophy

No matter how compatible they are, two people living together are going to butt heads every now and again. Decide on your “rules of engagement” early on. Do …
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Added by DealerELITE on December 28, 2017 at 4:00pm — No Comments

Who is in charge of compliance?

In most of the warranty policy manuals there are sections dedicated to compliance and who is responsible for which function. There are also numerous training materials that outline the responsibility of each department. In these training materials, it is stated that the service manager is the one that holds each position responsible for their own task lists.…

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Added by AWN INC on December 28, 2017 at 12:23pm — No Comments

Episode 9- Write Service Podcast

Click here to watch now!

This week, Jeff discusses "pulling the curtain back" and working with a daily worksheet to make predictions and project goals. This episode is perfect for managers and service advisors looking to stay on track and maximize potential!…

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Added by Jeff Cowan on December 28, 2017 at 12:00pm — No Comments

Are You Doing These Seven Things Before Your Sales Calls?

Phone Strategy Series Part 3

Talking to prospective customers on the phone is inevitable in the sales industry. If you are comfortable on the phone you are already ahead of many others who do their best to avoid this type of prospecting.

Getting on the phone with a potential customer doesn’t have to be a stressful situation, especially if you are prepared before you ever dial their number.

Knowing how to get someone’s attention and more…

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Added by Derek White on December 27, 2017 at 6:23pm — No Comments

Five Ways to Get Your Sales Strategy Ready for 2018

Buying and selling today, regardless of what your product is, is drastically different now than it was 50 years ago.  Door-to-door selling is a thing of the past and most companies and products have ways to do most of the shopping or preliminary information harvesting online and without the presence of a salesperson.

This is becoming true in the automobile industry as well.  Manufacturers and dealerships are looking for ways to provide the customer with a fully online…

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Added by Derek White on December 27, 2017 at 6:13pm — No Comments

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