In the automotive industry, the ability to earn a greater share of a customer’s spend is the key to driving higher customer lifetime value. To that end, many dealers utilize flawed retention strategies designed to achieve a minimum number of service visits rather than maximize the…
ContinueAdded by Doug Van Sach on July 18, 2019 at 10:07am — No Comments
The process of buying and selling a new car is never going to be all easy and smooth. However, if you have all the relevant information and knowledge about the pricing of different cars available in the markets, you are going to save yourself from a lot of trouble. You can surely take help from online websites to get access to instant pricing, but it is very important for you to find a reliable and authentic website.
Legit Pricing
It would be fair to…
ContinueAdded by Asad Shoaib on July 18, 2019 at 5:14am — No Comments
This is my second blog in a series about what to look for when choosing a Dealer Management System.
In my first blog article, I talked about how to start evaluating the right DMS for your dealership. This blog is a continuation of…
ContinueAdded by Veronica Dunford on July 17, 2019 at 10:34am — No Comments
Federal law currently prohibits dealerships from selling any new vehicle with an open safety recall to consumers. And now, Democratic Senators Richard Blumenthal (Democrat - Connecticut) and Edward Markey (Democrat - Minnesota) have reintroduced legislation that also prohibits the sale of used cars with open safety recalls, according to…
ContinueAdded by Dan Beres on July 17, 2019 at 10:17am — No Comments
It might be tempting to tint your car windows by using a DIY kit, but the benefits of hiring an auto tinting pro outweigh any savings.
Tinting your car’s windows is a great way to reduce glare and heat as well as enhance privacy. Consumers typically have two options for tinting car windows: Do it themselves with a DIY window-tinting kit or hire a professional. Although a DIY window tint is generally less…
ContinueAdded by Ryan Holman on July 17, 2019 at 8:14am — No Comments
New leads are important, and you always want to keep the pipeline full.
Yet, it can cost as much as five times more to attract a new customer than to retain an existing one.
Doesn’t it make more sense to spend time nurturing the leads you already have?
…
ContinueAdded by Bill Wittenmyer on July 17, 2019 at 8:09am — No Comments
Inovatec Systems Corp., a provider of industry-leading, cloud-based software solutions for all financial institutions, and ZestFinance, a leader in artificial intelligence (AI) software, today announced their strategic partnership to enhance lending procedures in the financial services industry.
Inovatec will integrate Zest Automated Machine Learning software (ZAML) into its business process management technology to help lenders immediately improve their underwriting results with…
ContinueAdded by John Sternal on July 16, 2019 at 11:54am — No Comments
Facebook recently announced a change to its algorithm that prioritizes posted comments in a manner that can be very beneficial as far as gaining more exposure to your customer’s networks.
According to Social Media Today,…
ContinueAdded by Paul Moran on July 16, 2019 at 10:25am — No Comments
Rising interest rates and stagnant incentives point to a slowing new vehicle market through the end of the year. NADA predicts new vehicle sales will decline at least one percent, and probably more. Used car sales are picking up. But not at a velocity to make up for the loss of new vehicle sales. What should a dealer do? Some may need to lean on the parts and…
ContinueAdded by Steven Laureys on July 16, 2019 at 10:13am — No Comments
The future is now.
At Local Search Group we pride ourselves on knowing that, “We are the now part of a now business.”
So, let’s take a look behind the curtain of where Google’s going Right…
ContinueAdded by Jim Flint on July 16, 2019 at 9:20am — No Comments
Selling a truck isn’t the same as selling a car. The buyer is probably looking for a vehicle that can help them earn money for their business. This is exactly why buying a truck is usually a long process rather than an on-the-spot decision which often happens at car…
ContinueAdded by Tyler Newport on July 16, 2019 at 7:30am — No Comments
We all know that driving a car is a skill you need in the modern world, but it’s also a skill you are going to be perfecting your whole life. The moment you sit behind the wheel, you become responsible for your own life, the lives of people who are in the vehicle with you, as well as the lives of others on the road. It’s a lot of responsibility and cars can be dangerous, especially if you’re not confident in your driving skills (or if you’re too confident).…
ContinueAdded by Tyler Newport on July 16, 2019 at 5:05am — No Comments
SureSale enters the Louisville market with certified used vehicle program that offers consumers peace of mind and auto dealerships a turnkey vehicle certification program, including a free CAReport, 150-point inspection, 5-month, 5,000-mile warranty, and a 5-day exchange guarantee
Los Angeles, CA – July 15, 2019…
ContinueAdded by Crystal Hartwell on July 15, 2019 at 3:26pm — No Comments
Mason City Iowa, July 15, 2019 -- DealerBuilt, a proven enterprise Dealer Management System (DMS) for automobile…
ContinueAdded by Michael Trasatti on July 15, 2019 at 10:52am — No Comments
The Seamless online to in-store sales platform for auto dealers enjoys sustained growth due to the addition…
ContinueAdded by Michia Rohrssen on July 15, 2019 at 10:35am — No Comments
In the last seven years, new vehicle gross margins have declined from four percent to two percent. If that pace continues, profit margins will be wiped out by 2025. It appears that the front-end grosses dealers enjoyed 10 or 15 years ago are never coming back.
F&I profits have made up for some of these lost profits, but this trend is not…
ContinueAdded by Scot Eisenfelder on July 12, 2019 at 9:26am — No Comments
In this video blog, Jim Flint, CEO, and Founder of Local Search Group discusses advertising spend, and various ways to allocate your budget via cost per sale thinking.
Added by Jim Flint on July 12, 2019 at 7:00am — No Comments
1. INTRODUCING IFREQS® ROBOTC ARM MOBILE PHONE HOLDER FOR CAR
Fundamentally redesigned and re-engineered. The latest innovation and a patented design phone holder make your phone safe all…
ContinueAdded by Terrel Watkins on July 11, 2019 at 8:30pm — No Comments
This week, Jeff discusses the important topic of goals. We are at the halfway mark, so it's time to evaluate your goals. As a service advisor., have you reached them? Have you fallen behind? What are you doing to get back on track and re-project for the second half of the year? Stay tuned for Jeff's expert advise on maximizing your time on the service drive. Copyright 2019 Wm Jeff Cowan
Website: automotiveservicetraining.com
Contact: info@jcowansprotalk.com
Phone:…
Added by Jeff Cowan on July 11, 2019 at 12:00pm — No Comments
Though every vehicle today comes with a recommended maintenance schedule from the manufacturer, many consumers don’t follow them. What’s worse, some may not even know they exist! We recently surveyed 1,000 auto dealer customers and found that younger generations are less likely to follow manufacturer recommendations than their older counterparts. While 61% of…
ContinueAdded by Jeff Giere on July 11, 2019 at 10:37am — No Comments
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