Several years ago one of my more enlightened and proactive client-dealers said to me, “I know I don’t really need more opportunities to do business; I just need to do a better job of measuring and managing the OTDBs I already have.” He then asked for my help to develop and implement a traffic management process for each of the five operating departments within his multi-rooftop automotive dealership group. Over the next several weeks,…
ContinueAdded by Garry House on March 23, 2012 at 8:49am — No Comments
At most automotive dealerships the last two to three days of the month are typically a flurry of activity by department managers and their productive and support employees trying to get the last deal, the last R.O., and the last counter slip billed out and counted. It always has been, and always will be, the culture of the retail automotive business because, unlike most other businesses, the “counting and accounting cycle” is measured in individual months.
Why is it then that very few…
ContinueAdded by Garry House on March 23, 2012 at 8:45am — No Comments
NCM Associates was on hand at NADA 2012 with the express purpose to open a dialogue with attending dealers and managers to listen to their issues, concerns, successes, and desires relative to their automotive dealership operations. It was a great opportunity for us to connect with dealers inside and outside the NCM family and as always, the conversations were compelling in many ways. In particular, one dealer told me about his vision for developing his future leaders, which I found to be…
ContinueAdded by Garry House on March 23, 2012 at 8:44am — 2 Comments
Over the last ten years, anyone who has not witnessed dramatic changes in the used vehicle arena must have his head in the sand. Why is it then that so many franchised new vehicle dealers have thus far failed to effectively adjust to these changes? So that you understand what I’m talking about, I’ll just mention two of these impactful changes: (1) the growth of the Internet as a marketing source; and, (2) the advantages available through inventory optimization technology. Even the language…
ContinueAdded by Garry House on March 23, 2012 at 8:30am — 1 Comment
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