I have a friend who is in his early 50’s and has been enjoying the hell out of life. Whereas every day, I myself want to eat doughnuts and chicken wings, I never eat donuts and chicken wings. What I want to eat and what I end up eating are two completely different things. My friend has never felt this conflict in his life. He wants it, he eats it and then he washes it down with a six pack. To go with his bad eating habits, he also has an almost virgin gym membership that he's been paying on…
ContinueBlack Book, a division of Hearst Business Media that provides industry-leading used vehicle valuation and residual value forecast solutions, released its Used Vehicle Retention Index for June, showing the Index, rising modestly to 113.0, up from 112.3 in May. On a twelve-month basis, the index has dropped 4.5% from last June. Click here to obtain a copy of the latest index data.
The Black Book Used Vehicle…
ContinueAdded by Black Book on July 11, 2017 at 12:53pm — No Comments
With electronic communication as one of the major ways we communicate, it’s imperative for your team to pay close attention to what they are saying to customers and how it may be conveyed. Communication involves 3 things: words, voice inflection and body language. As such, the verbal communication of words alone only count for 7% of the message being received. The emotion behind the intent is not conveyed through electronic communication. This is why more attention is needed to…
ContinueAdded by Richard Keeney on July 6, 2017 at 10:42am — No Comments
This was a response to a question about Salespeople in my inbox:
The problem stems from who to blame. Dealers blame the Managers and the Managers blame the salespeople. Managers stay until they have a DUI, verbal blowout or quit. Salespeople just come and go as evidenced by the 62% average turnover rate.
If the salespeople fail, it is the Manager's fault for more than one reason. First they hire or have other screen their salespeople and mostly it is done…
ContinueAdded by JIm Fisher on July 5, 2017 at 11:13am — 1 Comment
Unless you’ve been hiding under a rock, you’ve undoubtedly heard about all the chaos that’s been happening at Uber. What began as a …
Added by Mike Gorun on July 6, 2017 at 9:29am — 1 Comment
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ContinueAdded by Dave Benson on July 7, 2017 at 5:03am — No Comments
Internet leads suck. No one is calling me back. All internet shoppers are grinders. I can’t make any money in automotive sales. I need to invent the next uber or snapchat if I really want to make it in the world.…
Added by Elise Kephart on July 14, 2016 at 4:47am — 4 Comments
A persons biggest fear is rejection from their peers. A sales person has the same fear when they represent a product they believe in to their peers.
Confidence Sells
Customers, and really everyone are attracted to want to deal with, and be around confident people. It seems like these people, men and women alike never face any kind of objections when they are dealing with their customers. In a sense this is true, and it is because they have earned the trust and…
ContinueAdded by Noel Walsh on November 2, 2011 at 2:27pm — 1 Comment
I once heard a quote,” Until you commit your goals to paper, you have intentions that are…
Added by Noel Walsh on February 6, 2012 at 1:00pm — No Comments
It was in late 1987, and I was conducting an in-dealership workshop focused on Financial and Operational Planning and Controls. I was describing an F&I process that I had recommended to increase service contract penetration, when the general manager said, “We used to do that.” In response to his statement, I asked, “Did it work?” “Absolutely,” he answered. I was tempted to say, “Then why did you stop doing it?”, but I was new to the consulting business and didn’t want to risk offending…
ContinueAdded by Garry House on June 29, 2017 at 10:13am — No Comments
Who is the most important person in your dealership? Every time I ask this question I get different answers ranging from the dealer, to various members of management…
ContinueAdded by Bill Wittenmyer on July 5, 2017 at 9:44am — 1 Comment
Whether you are the small to midsize business or CEO of a large company there is "that thing" that drives you to keep going.
You might work on your reputation alone for years and still not reach the level that affords you the luxury that you've dreamed about. Maybe it's more time with…
ContinueAdded by Lois Burak on July 1, 2017 at 12:30am — No Comments
Lessons the Automotive Industry can learn from the 2016-17 NBA’s MVP - Russell Westbrook
By: Alan Ram
Added by Alan Ram on June 28, 2017 at 12:33pm — No Comments
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3 Scholarships Available For The Upcoming Internet Sales 20 Group 3- Day Training Conference In Philly July 10th - 12th …
ContinueAdded by Sean V. Bradley on June 26, 2017 at 10:30pm — 1 Comment
When dealerships first start their video marketing programs, one of the most common questions I am asked is, "Will I have to buy an expensive camera?" The answer…
Added by Timmy D. James on June 22, 2017 at 9:18am — No Comments
Express Service is a way to build growth in your service departments numbers and profits. This is a big need today as so many of our customers end up going to secondary maintenance facilities for this work. This is draining much of the customer base that once relied on us for taking care of their vehicles. To quote Author and Marketing Expert Seth Godin: He said, “There is no shortage of remarkable ideas, what’s missing is the will to execute them.”
The independent franchises…
ContinueAdded by David Lewis on June 22, 2017 at 2:18pm — 1 Comment
Industry experts tell us that car buyers go to 1.6 dealerships to buy a vehicle.
From the Women-Drivers.com 2017 US Women’s Car Dealership Report, we find that number to be true for half of women car buyers. The other half report a very different answer altogether. An amazing forty-six percent of women car buyers are going to twice the industry average, or 3.2 dealer visits.
Which begs a few…
ContinueAdded by Anne Fleming on June 21, 2017 at 1:12pm — No Comments
A worthy journey requires multiple means of transportation to arrive at the desired destination. This belief keeps me from the shadow of failure within the proverbial dead end. It’s that place in the road that requires a shift in one’s travels.
When looking at my resume the one key component that continually presents itself is my desire to grow a business and strengthen a community…
ContinueAdded by Lois Burak on June 18, 2017 at 12:29pm — No Comments
For service managers, I have found that Thursday is a good day to do a trial close as you get ready for the end of the week. By Thursday you know pretty well where you stand and if you discover problems, you still have two days to get them cleaned up.
A trial close starts with closing every Repair Order (RO) that can possibly be closed. Since many dealerships…
Added by Josh Blick on June 16, 2017 at 9:54am — No Comments
Which do you have on your staff?
Every department has its standouts and its under-achievers, but have you ever considered what makes them so different? Both work in the same environment, with the same guests, and the same pay plan; but their productions levels and customer satisfaction scores are worlds apart.
We might assume our top-performers simply…
ContinueAdded by Sally Whitesell on June 16, 2017 at 2:19pm — No Comments
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