Today, it is more important than ever to have an ongoing action plan concerning your pre-owned inventory. I'm going to share with you the differences between the dealers who consistently gets 30%+ net to gross compared to the dealer who is just breaking even? The difference is the dealer who gets 30%+ net to gross has better market knowledge, has set themselves apart from their competitors, has a very well trained staff in all…
Added by Shawn Clos on July 21, 2012 at 9:55am — No Comments
http://www.dealerelite.net/profiles/blogs/it-s-the-internet-manager-s-fault
http://dealeretraining.com/
Stan Sher of Dealer eTraining discusses the challenges that…
Added by Stan Sher on July 20, 2012 at 11:11pm — 4 Comments
Most Internet Managers bite off more than they can chew, including managing a PPC campaign. Paid search can be an effective way to increase revenue, but the actual process of managing PPC campaigns can also be very labor intensive. Using software to automate some of the overall effort is one way to help manage and track paid search.
Know that keyword expansion and bid and budget management are kind of the two priorities in paid search management. Understand the manual process will…
ContinueAdded by Larry Barditch on July 20, 2012 at 4:01pm — No Comments
Added by DON GRAFF on July 20, 2012 at 1:47pm — No Comments
VinSolutions Announced as Platinum Sponsor of AutoCon 2012
Automotive CRM vendor will also exhibit the latest CRM technology, sponsor a cocktail reception and present a keynote address.…
ContinueAdded by DealerELITE on July 20, 2012 at 1:41pm — No Comments
NCM “Benchmarking for Success” Workshop Added To AutoCon 2012
AutoCon 2012, the automotive industry’s newest and most exciting fall conference, is pleased to announce that Robin Cunningham, NCM® Institute faculty member, will be…
ContinueAdded by DealerELITE on July 20, 2012 at 1:18pm — No Comments
In our business helping veterans improve can be a challenge.
They know what they are supposed to know. Usually they think they are actually doing it.
Poke around in the cupboards of the average dealership and you will find training cassettes from the 70's, training videos from the 80's and 90's and DVD's from the last 15 years. You could reforest Colorado's wildfire area with the trees that made the workbooks from seminars that are…
ContinueAdded by Michal Ann Benedict Enders on July 20, 2012 at 10:30am — 4 Comments
Added by Jim Mahoney on July 20, 2012 at 7:43am — No Comments
When I was last on the "front lines" in automotive retail, I was fortunate to be a Sales Manager for a Dealer Group that was implementing radical changes to its sales process, marketing, merchandising and customer experience. We adopted VAuto as our merchandising and appraisal tool. We went to a "best price first" concept and we revised the Sales Person compensation plan to reward unit levels and CSI. I will outline the experience from the guest walking into the…
ContinueAdded by Joe Pistone on July 19, 2012 at 3:00pm — 1 Comment
Fellow Tweeps! Are you using tired of using Twitter and not seeing the engagement you would like? I’ve found some statistics to help you! Between December 11, 2011 and February 23, 2012, Buddy Media analyzed user engagement on more than 320 Twitter handles of the world's largest brands to determine what works and what…
ContinueAdded by Ketty Colom on July 19, 2012 at 9:21am — No Comments
As I travel and talk with managers and dealers I am frequently asked to review and analyze different dealerships sales map's or processes to the sale, it is amazing to me how many overlook the power of the trade in. My opinion is that the trade in is in almost every case the number one secret to the car deal. In all cases, I have always trained sales consultants to look at and review the trade in with the client right after the…
ContinueAdded by Shawn Clos on July 18, 2012 at 10:06pm — 17 Comments
There’s a real human talent in arranging the right pressures (positive and negative), at the right time, on to the right people, to get a desired result. It’s a hallmark of effective leadership, in fact, and the name “People Chess” is an easy way to summarize this talent. And we all know its uses in relationships of all kinds, really, both to us by others…
ContinueAdded by Keith Shetterly on July 18, 2012 at 7:30pm — 6 Comments
It all starts at the top, the decision makers, the shot callers, the check signers. Recent study shows that these managers, presidents and CEO's don't engage in social media leading to the non-understanding of why it is important.
Using the Fortune 500 list the following was discovered; 70% of all CEOs have no social presence. The percentage that do part take in…
ContinueAdded by Joseph Little on July 18, 2012 at 4:01pm — 4 Comments
Following is the latest used-car pricing report from Ricky Beggs at Black Book USA. For the full report visit their data and videos center.
Even though the activity increased week over week, there were some interesting changes within the market values for the week. The softening in values continues as only 11% of all adjustments were…
Added by John Sternal on July 18, 2012 at 1:10pm — No Comments
So were you? Many people I have discovered over the years come to the dealership, work their shift taking ups... and are upset at the end of the day if they have not sold a car... There really is no surprise is there? Standing around all day and shooting the breeze with each other.... I mean, what sales person is going to buy from you?
There really is so…
ContinueAdded by Craig Darling on July 18, 2012 at 12:25pm — No Comments
On May 22, 2012 I wrote a blog asking the public if GM made a wise choice dropping its 10 million dollar advertising spend from Facebook. (For the entire blog visit: http://deliverymaxx.wordpress.com/2012/05/22/did-gm-make-a-wise-decision-dropping-facebook-as-an-advertising-medium/ ) My position then as it is now is that GM and many automotive dealerships are…
ContinueAdded by James Schaefer on July 18, 2012 at 12:14pm — No Comments
Prizes totaling $10,000 to be awarded to the auto dealers who develop the most innovative strategies in 2012
Salt Lake City, Utah – July 18, 2012 – DrivingSales today announced the call for entries for the 2012 DrivingSales Best Idea Contest which recognizes the most innovative auto dealership strategies of 2012. Five auto…
ContinueAdded by Crystal Hartwell on July 18, 2012 at 10:01am — No Comments
Company receives UVEF Top 25 Under Five Award for second year in a row; wins Silver Stevie® Award for Innovative Company of the Year in 2012 American Business Awards SM
Salt Lake City, Utah – July 18, 2012 – DrivingSales today announced that it has received two prestigious business awards: a 2012 “Top 25 Under Five” award from the Utah Valley Entrepreneurial Forum…
ContinueAdded by Crystal Hartwell on July 18, 2012 at 10:00am — No Comments
At the conclusion of the NCMi webinar on “Finding the Missing Pieces to Improve Service and Parts Gross Profit,” one of the attendees questioned our recommendation as to the necessity for sub-accounting for automotive dealerships. Robin Cunningham, the NCM Institute faculty member who presented the webinar, suggested that our next Up To Speedarticle attempt to clarify this recommendation. So, here we go!
A meaningful sub-accounting process is a primary ingredient of…
ContinueAdded by Garry House on July 18, 2012 at 10:00am — No Comments
Orlando, Fla – Strathcom Media, Inc., a leading online automotive solutions provider, has selected ActivEngage, Inc. as their preferred provider of automotive live chat and business intelligence. As one of the largest automotive marketing companies in Canada, Strathcom has provided its…
ContinueAdded by Stephen Jackson on July 18, 2012 at 9:33am — No Comments
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