John Sternal's Blog – September 2024 Archive (2)
Lotlinx Industry Survey On Inventory Carryover & Markdown Strategies Reveals Major Disconnects And Challenges Faced By Dealers For Modern Retailing
Many Dealers Still Leveraging Markdowns Even Though Majority Don’t See Traffic Increasing To VDPs
DETROIT (September 17, 2024) — Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today results of its latest industry survey, which took the pulse of today’s auto retailers in understanding how they are managing inventory carryover strategies, and…
ContinueAdded by John Sternal on September 17, 2024 at 1:30pm — No Comments
Lessons Learned From Another Summer of Selling Cars
As summer comes to an end, it’s important for dealerships to reflect on the season’s performance to refine their strategies for the rest of the year. The summer of 2024 presented many challenges, shaped by economic factors and shifts in consumer behaviors. Understanding these factors is important for optimizing inventory management and enhancing sales practices as we head into fall.
Economic Blockers and Market…
ContinueAdded by John Sternal on September 10, 2024 at 9:59am — No Comments
Latest Blog Posts
- Lotlinx Industry Survey On Inventory Carryover & Markdown Strategies Reveals Major Disconnects And Challenges Faced By Dealers For Modern Retailing
- Lessons Learned From Another Summer of Selling Cars
- Cyber threats will persist until dealers prioritize secure digital transport of data
- Why it’s important for auto retailers to understand their “carryover” rate when it comes to inventory risk management
- Trust Stamp Partners with Botdoc to Bring New Innovative ID Security to the Automotive Industry
- Demystifying the Myths: The Realities of Vehicle Markdowns in the Auto Industry
- BOTDOC AND KPA ANNOUNCE PARTNERSHIP ON COMPLETE COMPLIANCE SOLUTION AS MANY AUTO DEALERS ARE STILL FEELING THE PAIN OF RECENT CYBER THREATS
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- Why it’s important for auto retailers to understand their “carryover” rate when it comes to inventory risk management
- Demystifying the Myths: The Realities of Vehicle Markdowns in the Auto Industry
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