I want to take a couple of minutes to discuss with you the phenomenon affectionately known as "The 90 Day Wonder". For those of us unfamiliar with this phenomenon, let me 'splain it to you.
The 90 day wonder is the sales associate, brand new to the business, who starts out like gang-busters. Who, for the first couple of months, lead the field. Then,…
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Added by Michael D. Hargrove on April 29, 2016 at 2:03pm —
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EMPLOYMENT AD FOR CAR DEALERS
Wanted unambitious person sales position. Low Pay - Long Hours - Must Work Nights and Weekends - AND must be able to withstand consumer abuse and ridicule. You must be educated, and clean cut, well dressed with no drugs or bad habits. People with families preferred.
MAN, WHO…
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Added by James A. Ziegler on April 29, 2016 at 1:30pm —
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Ever since reviews have risen in popularity, dealerships have mostly focused on written reviews -- they were the most prominent in search engine results and on third party sites.
This worked pretty well for a while. However, with the rise in the importance of reviews, some companies chose to act unscrupulously and falsely boosted their reputation by posting…
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Added by Timmy D. James on April 29, 2016 at 9:23am —
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When I talk to dealers that are disappointed with their email and direct mail marketing results, my biggest question is this:
Why would you send out an email offer to your customers that you would not PAY to send out via direct mail or other methods?
I see it happen all the time. A dealer sends out an email for something such…
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Added by Alexia E Henson on April 28, 2016 at 8:29am —
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My Largest Lesson
One of the greatest privileges in life is doing something you love. Coaching dealerships fixed operations for improvement is truly something I love however, today I’d like to share my largest lesson with you.
Understand that everyone has parts of what they do that they don’t enjoy. For me the task I don’t enjoy is marketing and sales. I’m sure all of us of been…
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Added by Rob Gehring on April 27, 2016 at 12:30pm —
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How do you see your business growing to meet the changing demands of your customers?
In this week's Think Tank Tuesday, I'm joined by the Director of the Association of Danish Dealers.
Thomas Møller Sorensen addresses the change that is currently needed for businesses in Denmark to remain profitable. As a business owner, insecurity and resistance to change will hinder you from successful new business models.
Can you adjust your current processes to create new successful…
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Added by Paul Potratz on April 26, 2016 at 3:56pm —
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Getting your customer’s attention and engaging with them can be a tough task these days. There is so much competition from other marketers -- customers are constantly barraged with messages from every side and in every way.
Social media reach has decreased, digital marketing is ever more challenging and direct mail sometimes goes straight into the trash. This…
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Added by Mike Gorun on April 26, 2016 at 8:38am —
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DEALERSHIP SERVICE DEPARTMENTS: MAKE A GOOD FIRST IMPRESSION
As the recession loosens its tight grip on our economy and businesses, vehicle sales have begun to steadily climb nationwide. As a result, a very important decision is looming for auto dealers. Many of the customers that are purchasing today are doing so for the first time in several years. As…
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Added by Jeff Cowan on April 25, 2016 at 1:40pm —
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Make sure your utilizing your blog to the fullest extent! On this week’s Hard Facts, Samantha explains how your blog can not only boost traffic to your website, but also creates demand for your products and services! Watch this week’s Hard Facts to learn about some things you should know before hitting the publish button on your blog that will drastically effect its…
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Added by Paul Potratz on April 22, 2016 at 2:45pm —
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By Eduardo Aragon
Sales Pros: If you’re not selling at least 2-6 cars off Facebook a month, you’re doing it wrong.
Dealerships: Suppose you have 10 people on your floor and they sell 2-6 cars extra, each – Facebook is time…
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Added by Eduardo Aragon on April 20, 2016 at 6:23pm —
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Today's Women's Wednesday is a rich historical look back reflecting on 50 years of women and automobiles. Its is a great way to view the huge industry and cultural shifts that have taken place in five decades. Fom A to Z. Here are just a few of the trends and events that changed the marketplace and…
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Added by Anne Fleming on April 20, 2016 at 4:30pm —
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I Don’t Get No Respect
The comedian Rodney Dangerfield used this line often in his monologue getting untold millions of people to laugh. It’s much more serious when it gets down to our dealerships.…
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Added by Rob Gehring on April 20, 2016 at 12:00pm —
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Chris Saraceno, co-founder of DealerElite and partner of the Kelly Auto Group, shares with us his "theory of fives," http://goo.gl/7S3wbv
Added by DealerELITE on April 15, 2016 at 2:27pm —
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Added by DealerELITE on April 15, 2016 at 2:21pm —
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When your corporate DNA is healthy, every component of your business moves forward in harmony.
Check out my article on…
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Added by David Villa on April 15, 2016 at 12:49pm —
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According to Autotrader’s recent Car Buyer of the Future study, only 17 out of 4,002 people prefer the current car-buying process. And the rest? They want some major changes. For those dealers who take the time to appeal to today’s auto consumers, the wins will quickly add…
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Added by Larisa Bedgood on April 14, 2016 at 3:15pm —
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Are You Overwhelmed?
Life in the dealership world is hectic and many times overwhelming for the staff. The emotion of this weighs heavily on the individual with the effects going well beyond the job and into family life.…
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Added by Rob Gehring on April 14, 2016 at 11:30am —
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The 2016 NADA conference in Las Vegas proved connections are the single most important factor of this business, and any business for that matter. To lead, you must be able to connect with a team, and from there an audience, and beyond that, the world. The focus should always be on that first fundamental building block – the team…
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Added by David Metter on April 13, 2016 at 11:57am —
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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. Click here to download the full…
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Added by Black Book on April 12, 2016 at 3:38pm —
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According to Black Book® data, the average price of a used vehicle for model years 2010-2014 declined -0.9% during March. Cars declined -0.4% and trucks declined -1.3% during the month, demonstrating the peak of the spring selling season.
In a sign that overall year-over-year depreciation continues to accelerate, the first quarter of 2016 saw vehicle depreciation of -3.6%, compared with -0.6% during the same time in 2015.
Full-Size Van led all vehicle segments with the highest…
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Added by Black Book on April 12, 2016 at 3:36pm —
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