November 2018 Blog Posts (60)

Focus Group | Understanding Your Customers' Needs

Is it your wish to have a better understanding of your customers' needs? David Lewis and Associates is conducting quarterly consumer focus groups on our partnering dealership’s behalf so that we may help you help your customers We’d like your input and contributions. #sales #inspiration #automotive #salesmanagement #saleseffectiveness #Focusgroup #automotive #dealerships #Carsales #disturbcomplacency…

Continue

Added by David Lewis on November 8, 2018 at 1:21pm — No Comments

Jumpstart Automotive Media Offers New Insights On The Dealership Experience For Consumers

Consumers Actually Want To Negotiate Price Face-To-Face, Contrary To Dealer Beliefs

Sure, 84% of all consumers begin their car shopping through online research, but the vast majority want to negotiate in person at the dealership. The dealership experience is more important than ever. To better understand how dealers can make this a successful experience, Jumpstart Automotive Media studied the latest shopping trends in conjunction with Ipsos for their…

Continue

Added by John Sternal on November 7, 2018 at 10:58am — No Comments

It’s a Flat Vehicle Market! Oh the Humanity!

It’s a Flat Vehicle Market! Oh the Humanity!

Newsflash: America has been in a relatively flat new vehicle market since early 2016; though apparently this event caught many dealers, the public dealer groups, and the OEMs off guard. Between increases in discounting to reports of some bloating inventories, the growth party enjoyed for nearly a…

Continue

Added by Steve Stauning on November 7, 2018 at 6:43am — No Comments

Compact Van Values Sliding

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…

Continue

Added by Black Book on November 6, 2018 at 2:22pm — No Comments

Jumpstart Automotive Media Offers New Insights On The Dealership Experience For Consumers

Consumers Actually Want To Negotiate Price Face-To-Face, Contrary To Dealer Beliefs

Sure, 84% of all consumers begin their car shopping through online research, but the vast majority want to negotiate in person at the dealership. The dealership experience is more important than ever. To better understand how dealers can make this a successful experience, Jumpstart Automotive Media studied the latest shopping trends in conjunction with Ipsos for…

Continue

Added by John Sternal on November 6, 2018 at 2:20pm — No Comments

Developing the Team

Growing up as a Cleveland sports fan has many challenges however, it also includes a valuable lesson for us all. Most of the time talented free agents want to end up on a competitive team with other talented players. This makes a poor team dependent on having excellent draft picks to bring talent to them. This obviously creates challenges for Cleveland…

Continue

Added by Rob Gehring on November 6, 2018 at 2:12pm — No Comments

BLACK BOOK VALUATION DATA NOW INTEGRATES WITH INOVATEC LOAN ORIGINATION SYSTEM

Automotive Professionals Gain Access To Precise Vehicle Values on Cars, Trucks, Specialty Vehicles

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, today announced that its valuation data and specialty vehicle insights are integrated with Inovatec, a provider of industry leading lending platform.

Under the agreement, Inovatec clients and partners will gain…

Continue

Added by Black Book on November 6, 2018 at 9:38am — No Comments

Why loan is the best financial product?

Today the financial sector is considered as the fastest growing industry as it commonly provides financial services to the broad group of businesses and individuals to help achieve a stable financial condition. The financing institute provides the individual with a number of services including loans, stocks, mutual funds, trading, investments and more. As per the perspective of the normal people, the loan is considered as the best financial product. The loan…

Continue

Added by Haris Saeed on November 5, 2018 at 11:56pm — No Comments

Use The Theory of 5 to Promote Success in Your Dealership

Use The Theory of 5 to Promote Success in Your Dealership – Chris Saraceno, Kelly Automotive Group

Every dealership is only as strong as their leader and being a good leader means positively adapting to a changing work environment. On today’s show, Jim Fitzpatrick speaks…

Continue

Added by DealerELITE on November 5, 2018 at 8:54pm — No Comments

Brett Sutherlin Discusses “Online Conversion is Not as Hard as you Think!” at Automotive Attribution & Analytics Summit

PACIFIC PALISADES, Calf., November 5, 2018 - fusionZONE Automotive, LLC, the automotive industry’s highest-performing dealer website solution, today announced that company founder and popular speaker, Brett Sutherlin, will present a session titled, Increasing Online Conversion is not as Hard as You Think!”  at the upcoming…

Continue

Added by Brett Sutherlin on November 5, 2018 at 10:20am — No Comments

Communicate More Effectively with Your Customers

In the race to make a sale, dealerships often rely on templates in CRMs. These templates – including autoresponders – can hurt a dealership’s chances of communicating effectively -- or at all.

 

The response rate for leads is very low in the automotive industry. How much time do your salespeople or BDC agents spend calling a new lead, or sending an email, fail…

Continue

Added by Paul Moran on November 5, 2018 at 10:02am — 1 Comment

BLACK BOOK USED VEHICLE RETENTION INDEX CONTINUES TO INCREASE BUT AT A LOWER RATE

Seasonal Depreciation Patterns Appear; May Signal the Last Positive Change of 2018

 

Black Book, a division of Hearst that provides industry-leading used vehicle valuation and residual value forecast solutions, released its Used Vehicle Retention Index for October (116.3), a +1.5% increase over the last twelve months (114.6) and a +0.2% change since September (116.0). Click here to obtain…

Continue

Added by Black Book on November 5, 2018 at 9:23am — No Comments

Auto/Mate Announces Integration with Kelley Blue Book

Albany, NY – November 5, 2018​ – Auto/Mate Dealership Systems today announced the integration of its DMS with Kelley Blue Book® Values. Auto/Mate customers no longer have to visit another website or utilize a separate application to calculate the value of a vehicle. Kelley Blue Book Values for new vehicles include Invoice, MSRP and New Car Fair Purchase Price. Kelley Blue Book Values for trade-in vehicles include Typical Listing Price, Used Car…

Continue

Added by Mike Esposito on November 5, 2018 at 4:00am — No Comments

Shifting Winds Reveal Service Revenue Opportunity

After an unprecedented period of sales volume growth, the prediction for a flat Seasonally Adjusted Annual Rate (SAAR) in the coming years has significant implications for dealerships. As competition for new vehicles heats up, front-end margins will continue to decline, forcing more dealers to focus on back end profitability.…

Continue

Added by Scot Eisenfelder on November 2, 2018 at 10:41am — No Comments

Dealers are winning with Artificial Intelligence: What are you waiting for?

Are you using Artificial Intelligence (AI) and Machine Learning (ML) to grow your business? I’ve spent my career connecting advances in technology to business, and partner with dealers every day to help them use today’s tech to increase revenue and decrease wasteful ad spend. These dealers have figured out that AI and ML can help them identify people in their markets who are…

Continue

Added by Natalie Born on November 2, 2018 at 10:22am — No Comments

Rplate Pro™, the World’s First Digital License Plate, Named 2019 Global Media Award Winner at the SEMA Show

 

Reviver Auto’s Rplate Pro Emerged Among Thousands as Voted on by Panel of International Judges

 

Las Vegas, NV– November 1, 2018–Reviver Auto was recognized with a 2019 Global Media Award this week at the SEMA Show in Las Vegas for the Rplate Pro, the world’s first digital license plate. The Rplate Pro is currently on display at SEMA 2018 in distribution partner Al & Ed’s Autosound Booth 12039 in Las Vegas through November…

Continue

Added by Crystal Hartwell on November 1, 2018 at 11:26pm — No Comments

Write Service Podcast: Episode 51- Exclusive CBT Interview w/Jeff Cowan

This week, Jeff reflects on an exclusive interview to discuss the importance of creating sales on the service drive. While it may be a bit shorter, the information is KEY to a successful drive and professional mentality!

Click HERE to watch!…

Continue

Added by Jeff Cowan on November 1, 2018 at 12:00pm — No Comments

How Searching for Your Keywords Helps Monitor Your SEM

Many dealers rely on vendors to manage their paid search. If you’re one of them, it’s important to understand how the ads perform, including they fare against your competition. Beyond clicks or average costs, how do you know your ads are working?

You’ll encounter agencies that deliver data filtered through proprietary or third-party platforms — not true Google Analytics data.…

Continue

Added by Dane Saville on November 1, 2018 at 9:34am — No Comments

Solve Dealership Turnover Issues and Everything Else is a Cakewalk

Quick… make a list of the top five issues that are negatively impacting your dealership’s profitability that also have little to do with sales team turnover.

If you’re like many of the dealers I’ve spoken with over the last year, your list probably contains items like these:

  • Mediocre Online Reputation/CSI
  • Higher Discounting/Lower…
Continue

Added by Steve Stauning on November 1, 2018 at 7:57am — No Comments

Monthly Archives

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

1999

© 2024   Created by DealerELITE.   Powered by

Badges  |  Report an Issue  |  Terms of Service