Featured Blog Posts – May 2015 Archive (29)

Stop Learning - Stop Growing

 

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…

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Added by David Lewis on May 29, 2015 at 10:17am — 1 Comment

Don't Rely on Your Website Provider to Increase Conversion Rates. Be a Game Changer.

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…

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Added by David Metter on May 29, 2015 at 8:59am — 2 Comments

Social Media: Reciprocate Your Way To Increased Engagement

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…

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Added by Paul Moran on May 29, 2015 at 8:36am — No Comments

Thank You Mr. Vic

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Added by Marsh Buice on May 28, 2015 at 2:17pm — No Comments

Customer Experience Sole Purpose - "CPR The Heart Of Loyalty"

There is genius in simplicity!  So why do we complicate this Customer Experience Economy we live in today.  Each of us are consumers.  We have needs (rational behavior).  We have wants (emotional behavior). Pretty simple! 

Business is an entity.  Business has Personal Brands of Business representing the Business to consumers and customers, and Business…

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Added by Tom Wiegand on May 27, 2015 at 6:35pm — No Comments

All Car Segments Declined While Full-Size Vans Increased

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…

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Added by Black Book on May 27, 2015 at 10:30am — 1 Comment

I think you're pretty charming

But Do You Consider Yourself Charming?

How do you increase sales as a salesperson? If you're in sales, you better be charming. On this week's Think Tank Tuesday, learn the four steps you need to follow in order to be interpreted as personable, instead of creepy.

  • Understand what being charming truly means!
  • How to start building connections that lead to…
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Added by Paul Potratz on May 26, 2015 at 4:52pm — No Comments

Make Money Mondays with Sean V. Bradley - Best Car Dealer Websites


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

There is a MASSIVE Disconnect Between the Showroom Sales & Internet Sales / BDC Departments... Watch This Video!

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

Using Recalls to Your Advantage

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…

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Added by Chris Miller on May 22, 2015 at 8:07am — No Comments

Good Failure and Bad Failure, Part II

failure and success

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…

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Added by Robin Cunnigham on May 21, 2015 at 7:28pm — No Comments

13 Never Before Shared Strategies to Sell More Cars

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!

  • Over an hour of exclusive strategies and dealer questions!
  • Learn from the experience of Danish car dealers.
  • Create strategies for every step of the sales…
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Added by Paul Potratz on May 19, 2015 at 5:20pm — No Comments

The Cliche of Dealer SEO and Analogies to Support it

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,…

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Added by JD Rucker on May 16, 2015 at 2:44pm — No Comments

What Is My Car Worth: Tips On Finding Out The True Value Of Your Vehicle

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…

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Added by Kevin Lee on May 16, 2015 at 7:36am — No Comments

Facebook Algorithm Changes: Why Your Customers Are the Solution

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…

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Added by Paul Moran on May 15, 2015 at 8:19am — No Comments

Two Quick Tips for Service Managers

Auto Mechanic

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…

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Added by Steve Hall on May 14, 2015 at 10:30am — No Comments

Customer Defection Points

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…

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Added by Tom Kain on May 13, 2015 at 4:02pm — 4 Comments

Putting Showrooming In Perspective

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…

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Added by David Metter on May 12, 2015 at 1:53pm — No Comments

They're Matters, Not Meaning

Showing up today matters. …

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Added by Marsh Buice on May 12, 2015 at 7:00am — 2 Comments

5 WARNING SIGNS YOUR DEALERSHIP’S ONLINE MARKETING PROVIDER IS TAKING YOU TO THE CLEANERS!

 

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…

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Added by Zach Klempf on May 11, 2015 at 4:36pm — No Comments

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