All Blog Posts (12,623)

Did You Know....

Did you know….

  • The average gross profit as a percentage of sales for Dealer Controlled Financing dealers (BHPH, LHPH & RTO) is 37% while it is only 15.2% for franchise dealers.
  • The average net profit as a percentage of sales for DCF dealers is 16.5% while it is only 1.50% for franchise dealers.
  • Service & Parts (typically the most profitable department in a franchise store) average net…
Continue

Added by Al Mosher on July 19, 2011 at 10:19am — 1 Comment

Meltdown Management

As a sales manager, I hosted a daily sales meeting like every good sales manager should.  Like all good salespeople do, the sales team would come to the meeting with their list of “should-haves” and “could-haves” if only “blah-blah” was true.  This would often take the wind right out of my sails and tarnish the…

Continue

Added by Stephanie Young on July 19, 2011 at 9:30am — 16 Comments

Google Getting in the Discount Game with Offers

Last week I wrote a post about Google Local Portal in Portland, available on DealerOn’s blog.  If you’ve already read it, you might have seen mention of Google's new service for businesses: Google Offers.  Google Offers appears to be similar to Groupon and other discount offering services -- it allows you, as a small business owner, to get your business "in…

Continue

Added by Ali Amirrezvani on July 18, 2011 at 5:35pm — No Comments

What is the Most Challenging Sale?



What’s the most challenging sale? My guess is you probably answered one of the following: Invoice buyers, Internet shoppers, former car-guys, the credit impaired, grinders, slow-breathers, analytical customers or something similar. Actually, I was not referring to the toughest customers to sell. The toughest, most challenging sale is one you must make every day. Sometimes you have to make it multiple times in one day. The sale to which I refer is… selling you.…

Continue

Added by Brad Alexander on July 18, 2011 at 3:58pm — 1 Comment

Style impact on Profits in Automotive Industry

How often have you heard a customer say, “I just don’t like the look of it” They are not sure what exactly turns them off from this vehicle despite all the amazing features it has that they want.  People’s taste change in automotive style with the ease of the wind blowing so it can be very difficult for a dealership sometimes to draw people in that may not like the “look” of the vehicle…

Continue

Added by Paul Potratz on July 18, 2011 at 2:36pm — No Comments

How important is Coaching?

 

Coaching…or should I say…continual coaching… is THE… most important ingredient in running a successful business….

 

But with so much time…effort…and money being spent on coaching …why isn’t it more effective??

 

Let’s take a look at coaching as a whole…

 

 

It goes without saying…that coaching …as with…

Continue

Added by Jim Kristoff on July 18, 2011 at 1:53pm — 13 Comments

Groupon Doesn't Work for Selling Cars

I recently asked Dealer Elite Members what they thought of using Groupon to sell cars- no matter what we all think the idea seems to have fallen flat.  REad the complete article at…

Continue

Added by Kathryn Carlson on July 18, 2011 at 12:24pm — 3 Comments

Nicki Allen with Classic Mazda and Classic CDJ featured in AutoSuccess Magazine | New Attitude

Nicki Allen of Classic Mazda and Classic Chrysler Dodge Jeep of Denton gives new perspective to some traditional ideas in the automotive business.  A focus on new technology defines a new attitude for these Texas dealerships. Click the image above for the full feature.

 

Added by Joseph Little on July 18, 2011 at 11:16am — 1 Comment

How to think like a automotive consumer!

The biggest mistake salespeople, sales managers and BDC staff make is that they let notes in their CRM or on paper convince them not to call customers back. As I always say you need to get the consumer out of you before you make the call. Someone is going to be sold and the question is who. How can you expect to re-motivate customers to visit the dealership if you are not convinced when you call them. The question is are you selling them or are they selling you?…

Continue

Added by Ian nethercott on July 18, 2011 at 9:19am — No Comments

MPi Releases new eBook for Auto Dealers: Earning the Green Light to Customer Upsell Profitability

Las Vegas, NV July 18, 2011 —The ability to add legitimate line items to every repair order is a proven way for auto dealers to boost parts and labor profits – and retain customers, yet many fail miserably at the upsell process. To help auto dealers in this upsell process, MPi (www.mpi-edge.com) the leading provider of vehicle inspection tools, processes, and consulting for auto dealer service departments, today announced the release of a new eBook, Earning… Continue

Added by sara callahan on July 18, 2011 at 8:24am — No Comments

15 Minutes A Day

 

Do you remember the ad you answered for your first sales job at a dealership?  What was the minimum education level they wanted?  PhD?  Masters?  Not likely.  Most have listed that you need a high school diploma for consideration.  And, as I recall, no one ever really checked.  If that's the minimum, what if they told you that to be really successful you'd need the equivalent of five college educations? …

Continue

Added by John Fuhrman on July 18, 2011 at 7:34am — 10 Comments

Creative photo manipulation

Have you ever looked back at the photo and realized “Hey it looks like little Jimmy is missing a foot!” Well now that picture can be fixed, with a little Creative Suite magic. Imagine the opportunities for your dealership. Your automotive marketing agency can transform photos. What sells cars? People sell cars and putting a face with the car helps to humanize the experience. 

 

Placing, the General Manager in the ads gives the photo a personality. Now, you can’t have the GM pose in… Continue

Added by Paul Potratz on July 17, 2011 at 9:30am — No Comments

MORAL OF THE PORCUPINE

I never knew porcupines were so cute as babies. 

Have you ever seen a baby porcupine?

 …

Continue

Added by Jack Higginbotham on July 16, 2011 at 12:51pm — No Comments

How important is the latest technology

Do you remember shaking Polaroid pictures to help them develop? Would you use those pictures today in an automotive advertising campaign? What about video tape recorders, and a cathode ray tv, do you think these can truly showcase your dealership? As technology has evolved so has the equipment we use to capture the “moment.”



What sort of equipment does your digital automotive marketing agency use? Do they… Continue

Added by Paul Potratz on July 16, 2011 at 9:30am — No Comments

Tag Your Blogs Posts With Authorship Markup Tags

On Google's quarterly earning call this week, Larry Page mentioned something that reminded me to go back and read more on Google's Authorship tags.



Larry posted the transcript of the call to Google+ and with all the… Continue

Added by Brian Pasch on July 15, 2011 at 2:44pm — No Comments

Resources to Help Dealers Get the Most Out of Google+

Since Google+ is so new, I asked everyone on our team at DealerOn to put together a list of resources for car dealers trying to wrap their minds around this new way of social networking (myself included).  Here’s a list of links/sites that we’ve put together.

 …

Continue

Added by Ali Amirrezvani on July 15, 2011 at 12:48pm — No Comments

Larger showrooms do not mean more sales, the opposite is true

This post is attributed to my colleague Tim Rose at AM Magazine in the UK http://www.am-online.com. It poses some very interesting views on the future direction of retail outlets as a result of some major research carried out in the UK regarding solus vs multi-franchise outlets....

 

"Research from a global automotive consultancy is likely to add weight to some carmakers’ demands for solus dealerships when dealers’ current…

Continue

Added by Simon Bowkett on July 15, 2011 at 11:36am — No Comments

A Five Question Dealer Survey

We are always looking to keep on top of what the market wants.  The easiest way to do this is to ask.  But, we want to reward you for your time by entering you into our contest for answering five short questions.
 
If your survey is selected, you will receive one of three possible rewards.  Send it to thedealerresourcegroup@gmail.com.
 
1st - A Gift Certificate for $1,250 good for any…
Continue

Added by John Fuhrman on July 15, 2011 at 10:26am — No Comments

Create Your Own Positive Path

 

Create Your Own Positive Path

 

Your attitude influences your world and everything you do in it.

It defines the energy you send out and, in turn, takes shape and color in your circumstances.

If you…

Continue

Added by Jack Higginbotham on July 15, 2011 at 10:01am — 1 Comment

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