All Blog Posts (12,622)

You Need an Online Parts Store for 2016

Integrated Parts Store on Your Website is Easy and a Must for 2016
 
The current state of the automotive marketplace is over-saturated, but you don’t need to panic. There’s an additional revenue source that you can start implementing to increase your profits.
 
On this…
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Added by Paul Potratz on December 25, 2015 at 11:00am — No Comments

The Super Bowl Time of Year

This is the time of year that I like to call “the super bowl time of year.” What I mean by this, is that everyone is looking at improving their business and their personal lives. Whether it is improving your Fixed Operations, selling more units, or maybe losing weight. Everyone has a goal that…
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Added by Rob Gehring on December 24, 2015 at 11:13am — No Comments

Converting a Bus into an RV: Factors to Consider

Converting a pre-owned city or school bus into a luxury motor home is a remarkable process. The conversion design must be appealing, exceptional and innovative to fit the needs of RV-ers. If you love ‘homemade’ motor homes, you can look for a bus conversion for sale, or make one yourself. When it comes to a typical vehicle conversion, it involves purchasing a used bus, and…

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Added by Irene Simpson on December 24, 2015 at 1:00am — No Comments

Navigating SEO: How to Sell Your Boss on SEO

Sell Boss on SEO

"I couldn't sell my boss a pen if he was trying to cash a million-dollar check!"

Selling your boss has very little to do with the fact that they're tough or often balk at the idea of adding new expenses. Those are things you tell yourself to help soften the blow when you don't get your way.

To help you change your thinking and sell your boss on SEO,…

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Added by Timothy Martell on December 23, 2015 at 2:00pm — No Comments

What “Star Wars: The Force Awakens” Can Teach Us about Marketing

It’s been a week now since the seventh installment in the Star Wars franchise hit theaters, breaking all box office records along its way. I’m sure that there is much more money in Disney’s future. That’s the ending of this story. Now for the beginning...

 

Think about the many months leading up to the release of the latest movie. About how much Star Wars we…

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Added by Paul Moran on December 23, 2015 at 9:01am — No Comments

Neuroscience: Pay Real Attention to Women & Sell More Cars in 2016, Pt 2

Last week we began a two-part series on the brain. More specifically, the science of how it works, or Neuroscience. This is a hot topic. Leveraging scientific knowledge about the brain can create a better sales process, drive more dollars to your dealership’s bottom line and create happy women customers that remain loyal to your dealership for years to come.

Let's check “under the hood” at the Limbic System and the Neocortex. After…

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Added by Anne Fleming on December 23, 2015 at 8:30am — No Comments

See the 12 Days of POTRATZ

The holiday season can be a stressful time a year both personally and professionally. We want to give you the opportunity to share a few laughs in an effort to help minimize some of that stress. 



Is the holiday season stressing you out? We get it. So we're sending y'all a way to share some laughs and reduce the holiday frenzy.…

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Added by Paul Potratz on December 22, 2015 at 4:13pm — No Comments

How Does Your Dealership Give Back During the Holiday Season?

Seven years ago I became involved with an organization called The Family Tree, a statewide organization based in Baltimore. The Family Tree is a non-profit with a mission to prevent child abuse, educate parents on how to raise children and provide a variety of other services for families in need. The Family Tree has a staff of approximately 40 employees and an operations budget of around $3 million. The charity helps over 15,000 children every year.

 

Helion currently provides…

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Added by Erik Nachbahr, CISSP on December 22, 2015 at 4:05pm — No Comments

Luxury and Compact SUV Seeing Large Depreciation

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 December 22, 2015 at 11:51am — No Comments

The ROI of Customer Experience

An interesting study conducted by MaritzCX and published on CustomerThink relays how dealers should care about – and invest in – the creation of a better customer experience in their stores.

 

While customer experience can be vague, and in the past has mostly been measured through surveys and…

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Added by Mike Gorun on December 22, 2015 at 9:29am — No Comments

This is Our Industry: Let’s Take It Back!

I believe that, as an automotive community, we intuitively know that we need to change. The sales to consumer model is outdated – our fault for not demanding of ourselves consistent improvement in the consumer experience arena. Consumers are demanding more and Wall Street has taken notice. Backed by hundreds of millions of dollars, companies are quickly rising that threaten…

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Added by Joe Orr on December 22, 2015 at 8:47am — 1 Comment

Protecting a Dealership's "Front- End" & "Back-End," What does that Mean?

Everyone in the retail automobile industry is familiar with the terms “front-end” and “back-end.” They represent two sources of potential revenue (and, hopefully, profit) for auto dealerships: The “front-end” refers to revenue realized on the sale of the vehicle and the “back-end” includes revenue on anything sold after the vehicle including dealer reserve on dealer-arranged financing (a/k/a indirect auto loan financing), extended service contracts,…

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Added by Greg Johnson on December 22, 2015 at 2:54am — No Comments

Why Do Auto Dealers Still Purchase Limited TILA Liability Coverage?

Why do dealerships keep purchasing statutory errors and omissions coverage that is not likely to protect the dealership if it is sued by a customer for truth in lending violations?

I’ve been handling dealership insurance coverage disputes for a long time. I thought the following insurance coverage form became obsolete by the early 2000's, but recently learned I was mistaken:

[A]ll sums which the insured shall become legally obligated to pay as damages solely by…

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Added by Greg Johnson on December 22, 2015 at 2:49am — No Comments

Don’t Blow it: Know Your Team

When I first started in the Automotive Industry in the 1990’s (I will not tell you how early so I don’t embarrass myself, but let’s just say it was early), I remember sitting in sales meetings and having the GM ask us over and over again “Why are they (customers) calling the dealership?” We (the sales team) would all shout out like some scene from George Orwell’s “1984” in…

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Added by Christopher "Kit" Rogers on December 21, 2015 at 8:40am — No Comments

Going the Extra Mile

Going the Extra Mile

Going the Extra Mile photo provided by hayden films institute
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Added by DealerELITE on December 19, 2015 at 11:00am — 1 Comment

Don't Wait To Increase Conversions and Leads

Use Scarcity and Abundance to Increase Conversions and Leads
This week on Hard Facts, Samantha shows you how to generate more sales by showing the scarcity to the consumer. When a shopper knows they may miss a deal if they don't act now, they are driven to make a decision. These strategies work wonders to boost leads in any market.…
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Added by Paul Potratz on December 18, 2015 at 3:04pm — No Comments

5 Digital Trends Sticking Around for 2016

As 2015 comes to a close, it’s time to examine trends in digital marketing and predict what dealers should be prepared to consider and focus on in the upcoming year. 2015 has seen so much innovation and change, there’s no doubt 2016 will see even more. However, which trends in 2015 will…

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Added by David Metter on December 18, 2015 at 12:35pm — No Comments

Is RedCap the Answer to Increased Service Revenue & Customer Satisfaction?

A recent article in Automotive News highlighted a start-up seeking to help dealers offer loaner cars and delivery/pick-up services without the additional expense of staff. RedCap Automotive Technology is a concierge service that provides drivers in…

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Added by Chris Miller on December 18, 2015 at 8:32am — No Comments

Florida Governor Rick Scott Honors Showroom Logic for Job Growth

Florida Governor Rick Scott and Lt. Governor Carlos Lopez-Cantera visited Showroom Logic’s Miami, FL office yesterday, recognizing Miami’s fastest-growing company for adding 58 tech-sector jobs in the last two years.

Governor Scott presented Showroom Logic CEO Neal Gann with the Governor’s Business Ambassador Medal. He also recognized two key employees:…

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Added by Robert Monson on December 17, 2015 at 6:00pm — No Comments

5 Ways to Maximize Your Dealership’s Service Revenue

customer service

5 Ways to Maximize Your Dealership’s Service Revenue

Consumers head into dealerships to not only buy cars, but to service the ones they own. This is stating the…

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Added by Larisa Bedgood on December 17, 2015 at 2:57pm — No Comments

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