All Blog Posts (12,618)

Do You Believe in Magic?

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Added by Scott Monty on March 25, 2020 at 5:30pm — No Comments

"Imagine" - A Message to the Automotive Industry

A message to all in our automotive industry.

All of our businesses are hurting right now. No one is exempt. You are not alone.

Many don’t realize how important dealerships and the businesses that serve them are to our society. Between the countless people our industry employs, to the taxes and philanthropic involvement our communities receive, we are…

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Added by Joe Webb on March 25, 2020 at 2:30pm — 1 Comment

Do Not Use This New Google My Business Feature

Do not use Google's new “Temporarily closed” GMB label if your dealership needs to temporarily close due to COVID-19.



The problem with using this new feature is that you’ll first have to contact GMB support. There isn’t currently an option for you to access this label on the…

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Added by Joe Friedrichsen on March 25, 2020 at 12:38pm — No Comments

Various Tasks That Are Handled by a Car Mechanic

If you want to maintain excellent performance of your car on roads, then you must take the vehicle to the garage for service at least once a year. The car experts available there will thoroughly inspect your car and find out the underlying or upcoming issues. They will fix the problems in the…

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Added by Mark Simon on March 25, 2020 at 1:21am — No Comments

How Automotive Lenders Can Improve Their Compliance Framework to Adhere with Automotive Loan Regulations

Many automotive lenders face challenges today associated with maintaining compliance in all facets of their business. Automotive loan compliance requires knowledge of federal regulations the govern applications, processes and practices. While it can be assumed lenders strive to remain compliant to the rules and regulations that govern them, remaining compliant can become a struggle if regulations are interpreted incorrectly.

There’s no question that automotive loan compliance is top…

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Added by Vladimir Kovacevic on March 24, 2020 at 5:39pm — No Comments

How The F&I Industry Can Help Dealers & Lenders During COVID-19

F&I program provider, Protective Asset Protection, is making the following proactive measures to assist dealers and lenders currently during the COVID-19 outbreak and containment efforts. 

Dealers and lenders continue to face great challenges as the nation continues to try to contain the COVID-19 outbreak. Here are several ways Protective is trying to help:…

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Added by John Sternal on March 24, 2020 at 4:53pm — No Comments

Auto Lease Prices Drop On Several Mid-Size Cars And SUVs In March

Automotive Manufacturers Offer Aggressive Lease Deals on Many Vehicles Amidst Sales Slump in Response to COVID-19

Wantalease.com, the nation’s first online marketplace for new lease deals, reports the latest update on new lease offerings for the month of March.  Several brands offered significant discounts on mid-size cars and SUVs, likely a result of falling sales due to COVID-19. OEM’s are offering aggressive deals on lease payments to attract shoppers and…

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Added by John Sternal on March 24, 2020 at 3:34pm — No Comments

Automotive Dealership Marketing Budgets - KPI Cafe Episode 1

If current events have you feeling like Jan from the Brady Bunch -- Corona, Corona, Corona! -- then you need a coffee break from the news and your typical social media feed.

Let's dive into some budgeting! Our CEO Dave Spannhake was the Marketing Director for a 33-store group in Raleigh, NC. While this episode of the KPI Cafe isn't about pandemic budgeting, it does offer relevant insights for efficiencies and allocation that can help your bottom line.…

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Added by Dane Saville on March 24, 2020 at 12:19pm — No Comments

Are You Ready for More?

Welcome back to our video series, “What’s the Story with Ali Reda?” Thank you for being here with us! We’ve spent time with Ali in the previous weeks hearing all about the business of his business, how he…

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Added by Damian Boudreaux on March 24, 2020 at 10:30am — No Comments

Scared or Determined

These are interesting times that have me thinking about 2008 when it seems our world would collapse. Negative thoughts amplified the facts causing most of us to question our future. My own personal situation at that time included a health issue that took away the use of my right hand from surgery and complications from it for…

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Added by Rob Gehring on March 24, 2020 at 9:30am — No Comments

Business As Unusual

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Added by Scott Monty on March 23, 2020 at 8:04pm — No Comments

Paid Search Vendor vs. Paid Search Partner | KPI Cafe Season 4 Episode 4

There are many paid search vendors in automotive retail; however, that doesn't mean they're implementing best practices. Host Dane Saville offers perspective on what differentiates a company that'd simply be your dealership's vendor versus valuing a true partnership.

If…

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Added by Dane Saville on March 23, 2020 at 3:38pm — No Comments

Crisis Marketing - FREE things you can do!

During this challenging time, all dealers and automotive retailers are looking at their advertising expenses and trying to decide how much they can cut without it hurting their business any more than necessary.   While there is no magic formula, it is a fact that search volume is down in the auto industry by around 30%, which gives you a rough idea of how much (at least) you probably can cut your digital ad spend with little negative affect.  On the other hand, reaching out to your…

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Added by Marcy Medinger on March 23, 2020 at 3:38pm — No Comments

6 Tips for a Safe Car Shopping Experience During COVID-19

I put together a short list of 6 tips that progressive dealers can use to implement creative solutions to ensure the safety and health of their customers and employees.

If you think of other helpful tips, feel free to add on to this list. 

Here are mine:



1. Formalize, communicate and execute an action plan



Everyone’s inboxes are flooded with information from companies about their…

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Added by Joe Friedrichsen on March 23, 2020 at 1:23pm — 1 Comment

321 Ignition Announces Free Scripts & Templates to Help Dealers Sell Cars Online During the Coronavirus

As the Novel Coronavirus continues to spread and reports of hand sanitizer and toilet paper shortages increases, our team wanted to do something to help support car dealerships that have recently shut down their showrooms.

After many discussions with clients & partners, the team created materials for dealerships that don't have the internal marketing staff or resources to update their website and enhance their customer communications.

Free…

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Added by John Sternal on March 23, 2020 at 11:13am — No Comments

Pulling Together — Separately

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Added by Scott Monty on March 21, 2020 at 1:03pm — No Comments

Get Over Detours

As we work through the Corona-Virus together here are a few things to consider as you build-out Virtual Retailing.

Added by Jim Flint on March 20, 2020 at 12:52pm — No Comments

Lease Credit Approval Rates Rise To 72.3% Entering March

Online Credit Applications Increase as Shoppers Seek Alternative Means of Vehicle Acquisition

Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 72.3% approval rate in February, an increase from the January rate of 70%. The desire to have more flexibility in a lease has continued to be a primary driver for more people to seek vehicle leases with shorter terms that they can afford on secondary markets such as…

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Added by Erica Olson on March 19, 2020 at 2:29pm — No Comments

Individualism Has No Place in a Pandemic

There's a "public" in public health

Pandemics don’t care where you were born.

They don’t discriminate based on gender, sexual preference, or the color of your skin.

Pandemics don’t care who you voted for, nor whom you support in 2020.

They don’t pay attention to what cable news channels you watch, radio…

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Added by Scott Monty on March 19, 2020 at 12:32pm — No Comments

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