When it comes to working conferences, there are many different thought processes. The first, of course, is that a lot of money is spent between the cost of renting the booth space, sponsorship, the actual booth itself, staffing, swag, prizes and travel expenses. Conferences are indeed a considerable investment, and everyone wants to see a return on their…
ContinueAdded by sara callahan on January 2, 2019 at 10:20am — No Comments
Albany, N.Y. – January 2, 2018 – In today's age of social media, Weinstein and the #MeToo movement, dealers can't afford to be passive about workplace harassment. At the upcoming NADA Convention & Expo, Auto/Mate's Chief People Officer Dave Druzynski will present the legal and monetary repercussions of a harassment claim, and offer best practices and training recommendations to prevent a claim from happening in the first place.
"Nowadays, harassment…
ContinueAdded by Mike Esposito on January 2, 2019 at 10:17am — No Comments
Attribution? Some Dealers Still Don’t Even Track Leads and Sales!
There’s been a push for over a year among some automotive digital marketers to shift dealers’ focus away from traditional return-on-investment measurements (like leads, calls and sales) toward something called multi-touch attribution.
While this isn’t an…
ContinueAdded by Steve Stauning on January 2, 2019 at 7:33am — No Comments
We have built Margin Plus from the ground up with only one purpose in mind. That purpose is to file Warranty Reimbursement Increases for new car dealerships! Start the year off right with more gross in your pocket!
New Year’s…
ContinueAdded by Rob Gehring on December 31, 2018 at 3:40pm — No Comments
-by Sally Whitesell for Dealer Service Magazine
Every time I do a seminar I am reminded about how confused advisors, and even managers, can be about the true responsibilities of a service advisor’s position. We simply need look at the title “Service Advisor” to get a clear understanding that this job is…
ContinueAdded by Sally Whitesell on December 28, 2018 at 4:30pm — 5 Comments
Read the headlines and you see it everywhere: online used vehicle sales are booming.
Carvana is expanding into dozens of new markets and although it has yet to turn a profit, its vehicle unit sales more than doubled and gross profit nearly tripled in Q3 2018. The retailer just announced $2 billion in financing from Ally…
ContinueAdded by Scot Eisenfelder on December 28, 2018 at 10:27am — No Comments
As the current year is winding down it’s a common practice for people to set goals for the upcoming Year. Everyone calls these goals New Year’s resolutions. It’s the time of year people evaluate what they desire to accomplish and write them down as a New Year’s resolution to tackle on January 1st. Although I love…
ContinueAdded by Rob Gehring on December 28, 2018 at 9:22am — No Comments
Have you ever eagerly awaited the release of a great new movie? Anticipation mounts as release day approaches. Then you go and see it, only to leave disappointed. I’m sure I can name plenty of box office bombs which were initially hyped up and expected to be box office blockbusters. If you look at the factors involved in what makes a “bomb” versus a…
ContinueAdded by Brett Sutherlin on December 27, 2018 at 10:26am — No Comments
In my experience, one of the top frustrations dealers have when choosing the best solutions from multiple vendors is how to get them to work well together. The problem is, whether it’s a DMS; CRM; service lane tool; or any other significant technology available; not all work together in harmony. And that is what dealers want.
I’m not suggesting…
ContinueAdded by Veronica Dunford on December 27, 2018 at 10:18am — No Comments
While many dealerships agree that video is important and worthwhile, at the same time some think it’s time-consuming and lack the resources to put a video marketing strategy in place.
What if I told you that acquiring and scaling a well-planned video marketing strategy which leverages video content for shoppers throughout the entire buying…
ContinueAdded by Timmy D. James on December 27, 2018 at 10:04am — No Comments
According to a recent article in Automotive News, investors and car dealers have shifted their focus to the used-car space because dealers have more pricing and profit controls; something the digital retailing space is forced to focus on.…
ContinueAdded by Chris Miller on December 26, 2018 at 9:58am — 1 Comment
2018 will be fifth consecutive year of over 200 buy/sells, according to The Blue Sky Report® released by Kerrigan Advisors; strong economy fuels robust market - sellers motivated by high valuations that may not last; increased consolidation, generational transfers and growing pool of investors also heat up market; concerns remain about tariffs’ impact on valuations
Irvine, CA – December 21, 2018 – Automobile buy/sell…
ContinueAdded by Crystal Hartwell on December 21, 2018 at 3:35pm — No Comments
As car dealer principals look to transition away from operating a non-controlled foreign corporation (NCFC) due to the unknown outcome of the new tax law, many have set their sights on becoming a dealer-owned warranty company (DOWC). As part of this, dealers have been asking about the specifics behind the DOWC structure, and what a transition would look like.
The Federal Tax Cuts and Jobs Act (TCJA) was signed into law by President Trump in December 2017 and is effective for the 2018…
ContinueAdded by John Sternal on December 20, 2018 at 2:30pm — No Comments
Most people initially struggle in sales because they’ve been taking orders their whole life. When you were young, you did what your parents told you to do. Sure, you may have bucked up a time or hundred, but immediately you’d back down from rebelling once they slapped you back with one of those, “When you have your own damn place and pay your own damn bills, then you can do whatever the hell you want to do…but until then, you better do what the hell I tell…
ContinueAdded by Marsh Buice on December 20, 2018 at 12:07pm — No Comments
This week, Jeff walks you through Part 2 of how to make 2019 your best year yet! You must evaluate where you are, how many customers you see per day, and if the things holding you back are reasons or excuses. Stay tuned to hear the simple tips to service drive success! Copyright 2018 Wm Jeff Cowan
Website: automotiveservicetraining.com
Added by Jeff Cowan on December 20, 2018 at 12:00pm — No Comments
Auto Dealers Increase Service Leads Over 200% With Mobile Text Coupons
PACIFIC PALISADES, Calf., December 20, 2018 -- In response to the rapidly growing number of consumers currently using the internet via mobile devices, fusionZONE Automotive, LLC., today announced a new tool for auto dealers, Mobile Text Coupons. With Mobile Text Coupons, customers no longer have to use their desktop…
ContinueAdded by Brett Sutherlin on December 20, 2018 at 10:21am — No Comments
Lease Approval Ratings Drop Slightly in November Following Slight Increase in October
Swapalease.com, the nation’s largest car lease marketplace, reports car lease credit applicants registered a 68.9% approval rate in November, a slight drop from the October rate of 70.9%.
The number of lease approvals is slightly higher than last year for the month of November, as 67.5% of lease applicants were approved in 2017, and 64.7% were approved in November of 2016.
The…
ContinueAdded by John Sternal on December 19, 2018 at 9:12pm — No Comments
Added by DealerELITE on December 19, 2018 at 6:26pm — No Comments
This has been an incredible year in many ways for our family. It has also been one of the most challenging as I nearly drowned in Lake Erie. I haven’t shared that experience with many folks however, today sharing some lessons learned might be valuable.
My first lesson was the importance of wearing a life…
ContinueAdded by Rob Gehring on December 19, 2018 at 3:46pm — No Comments
Why Shop Here? Your Culture Matters.
When thinking about business operations, it’s common to examine sales strategies, customer service procedures, and customer experience. Less common is a review of dealership culture, which is the cornerstone that drives your operations and provides consistency. Business culture is the collection of beliefs, values, and practices that are more esoteric and usually…
ContinueAdded by Anne Fleming on December 19, 2018 at 1:17pm — 1 Comment
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