There is never been a better time in history for the general public to have access to vast amounts of information. The Internet empowers anyone who wants to learn so much information and knowledge that was once only available to those who could afford such things. The…
ContinueAdded by David Lewis on May 29, 2015 at 10:17am — 1 Comment
According to Dataium's most recent benchmark study, the average number of monthly unique visitors to a dealership's website is 6,509. Of those, an average 1.7 percent submit a lead form. Combine that with an average half percent conversion rate for chat, along with phone calls and walk-ins (which are…
ContinueAdded by David Metter on May 29, 2015 at 8:59am — 2 Comments
Customers increasingly expect businesses to have a social media presence. The key however, is to not just have a presence, but to then use that presence to interact with customers. When customers engage with you, it’s important to give them an indication that you are, in fact, listening. Of course, to accomplish this, you must be paying attention in the first place. If you…
ContinueAdded by Paul Moran on May 29, 2015 at 8:36am — No Comments
Added by Tom Wiegand on May 27, 2015 at 6:35pm — No Comments
All Car Segments Declined While Full-Size Vans Increased
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.
The team of Black Book editors are seeing more signs that the summer slowdown is taking shape. All car segments saw a decreasing change in values this past week, and comments straight from the lanes tell us dealer…
ContinueAdded by Black Book on May 27, 2015 at 10:30am — 1 Comment
Added by Paul Potratz on May 26, 2015 at 4:52pm — No Comments
http://www.BradleyOnDemand.com 856-546-2440 Make Money Mondays with Sean V. Bradley - Increase Website Traffic & Leads
Added by Sean V. Bradley on May 25, 2015 at 9:51pm — No Comments
http://www.InternetSales20Group.com 856-546-2440
There is a MASSIVE Disconnect Between the Showroom Sales & Internet Sales / BDC Departments... Watch This Vide
This was the video intro for my Keynote at the recent #IS20G 7 in New York
Added by Sean V. Bradley on May 22, 2015 at 3:33pm — 2 Comments
A recent article in Auto Remarketing reports how Penske Automotive Group is using recalls to increase their service business through recall work, but also as an opportunity to sell more vehicles. “I think recall business is good,” Penske Chairman Roger Penske, stated. “We…
ContinueAdded by Chris Miller on May 22, 2015 at 8:07am — No Comments
I recently wrote a blog for NCM, Up to Speed, titled: There is Good Failure and Bad Failure. That idea had been floating around in my mind for a while, and since I wrote that, I have noticed other articles in several other places essentially talking about the same concept.
I know from my many years in the retail side of the automobile business, that there is an unintentional…
ContinueAdded by Robin Cunnigham on May 21, 2015 at 7:28pm — No Comments
I recently visited Copenhagen, Denmark to speak to Danish dealers on how they can sell more. This week on Think Tank Tuesday, watch the entire presentation!
Added by Paul Potratz on May 19, 2015 at 5:20pm — No Comments
Pulse rates are different depending on what artery you check and what method you use. Checking someone's carotid artery by hand can yield a slightly different result than taking it with a machine through the brachial artery. The same thing happens in the car business, which is why I like to talk to different people from different parts of the industry.
Today,…
ContinueAdded by JD Rucker on May 16, 2015 at 2:44pm — No Comments
Whether you are looking to buy or sell your vehicle, it is important to get an accurate and unbiased valuation. Nowadays the question ‘what is my car worth?’ is one that can be answered easily, thanks to online services where users can get near-instant quotes based on entering a few details. However, online quotations offer valuations based on the current market prices of similar models and the details you enter such as the vehicle’s mileage.
Ways of getting a Vehicle…
Added by Kevin Lee on May 16, 2015 at 7:36am — No Comments
Facebook has once again tweaked it’s algorithm in a way that further decreases the reach of posts by Facebook Pages. After steadily decreasing organic reach to 2 percent or less, and forcing companies with Facebook pages to spend money to reach their fans, Facebook has now decided to prioritize content posted by a user’s friends and family, (i.e.: their network) over those…
ContinueAdded by Paul Moran on May 15, 2015 at 8:19am — No Comments
It seems these days everyone is pressed for time and running a million different directions. Because of this, your team can feel disconnected and often times alone in their jobs. They don’t get quality time with their supervisor and never get to really hear what is going on in the department or business. They have questions like, “are we doing well or not,” and “am I doing my job to your satisfaction, “or ”am I about to be the next ex-employee?” Most of the time employees…
ContinueAdded by Steve Hall on May 14, 2015 at 10:30am — No Comments
Nearly 70% of active service customers are within the manufacturers warranty (1-3 year old vehicles), leaving a retention rate of only 30% after the warranty expires. The BIG question is WHY are dealers losing 70% of their active service customers when the warranty expires?
Three Main Defection Points
First Oil Change
Believe it or not, a majority of customers never make it back to the dealership for even their first oil…
Added by Tom Kain on May 13, 2015 at 4:02pm — 4 Comments
As a husband and father to 5 daughters, the cartoon above is, at times, a pretty accurate description of my life. I’m sure all men in similar situations have found that couch or chair they inevitably get placed in while the females in their lives try on shoes, clothes or whatever they may need. In reality, I shop more than my wife and kids… they just don't go…
ContinueAdded by David Metter on May 12, 2015 at 1:53pm — No Comments
Added by Marsh Buice on May 12, 2015 at 7:00am — 2 Comments
I spend a lot of quality time with auto dealers, and am often surprised at the state of their online marketing programs. Sometimes I am even downright outraged at how some online marketing…
ContinueAdded by Zach Klempf on May 11, 2015 at 4:36pm — No Comments
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