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…
Added by Tom Kain on May 13, 2015 at 4:02pm — 4 Comments
I think we can all agree, good communication is key to healthy personal relationships. Its no different when it comes to relationships between a dealership and their customers. A good example, sales professionals who stay in contact and effectively communicate with their customers during and especially after the sale will always be the top performers. By staying connected, they are building long-term relationships which will result in future benefits. For the sales professional, those…
ContinueAdded by Tom Kain on February 17, 2013 at 9:51pm — 2 Comments
If a product or service is priced low, does that mean it has less value? We've all heard the saying, "Perception is Reality", and to many, a product or service which is priced high, is automatically assumed (we all know what assume really stands for) to have more value. However after talking with a number of clients and dealers about their current and past vendor relationships, I've found in many cases, its just the opposite, and more times than not, over promising and under delivering is…
ContinueAdded by Tom Kain on February 22, 2012 at 4:06pm — No Comments
The AutoDealerTarget Roundtable, hosted by Tom Kain and John Miller is broadcast LIVE every Tuesday night at 10pm Eastern / 9pm Central.
This Week
When: Tuesday, November 29th @ 10pm Eastern / 9pm Central
Join Us: Google Hangout, Live Broadcast at http://autodealertarget.com/roundtable
Featured Guest: Greg Clausen and Jae Chang of RapidFire Auto (…
Added by Tom Kain on November 29, 2011 at 4:01pm — No Comments
The AutoDealerTarget Roundtable, hosted by Tom Kain and John Miller is broadcast LIVE every Tuesday night at 10pm Eastern / 9pm Central.
***Don't Miss This One***
This weeks Featured Guest is Jesse Biter of Dealers United
When: Tuesday, November 15th @ 10pm Eastern / 9pm Central
Join Us: Google Hangout, Live Broadcast at…
Added by Tom Kain on November 15, 2011 at 12:28am — No Comments
Over the past eight-years I have read tens of thousands of emails. I have written and setup over a thousand emails for clients in the auto industry. When it comes to email marketing, I am very proud to be consider by most, an expert in the field. My expert knowledge of email…
ContinueAdded by Tom Kain on November 14, 2011 at 12:31am — No Comments
Reminder...
AutoDealerTarget Roundtable - TONIGHT with Featured Guest +Mike Stenger ...Join Us LIVE 10pm Eastern or watch at http://autodealertarget.com/roundtable
Added by Tom Kain on November 8, 2011 at 5:57pm — No Comments
The AutoDealerTarget Roundtable, hosted by Tom Kain and John Miller is broadcast LIVE every Tuesday night at 10pm Eastern / 9pm Central.
This Week
When: Tuesday, November 1st @ 10pm Eastern / 9pm Central
Join Us: Google Hangout, Live Broadcast at http://autodealertarget.com/roundtable
Featured Guest: +Mike…
Added by Tom Kain on October 31, 2011 at 4:58pm — No Comments
For the past eight years I have been very fortunate to provide email marketing solutions for an elite list of automotive dealers, vendors and trainers. If you did not already know, email marketing is the most cost effective vehicle for engaging conquest buyers and staying connected with current customers. It also has the highest Return On Investment compared to all other advertising mediums. If your dealership does not currently have an in-house email program (one that is measurable and…
ContinueAdded by Tom Kain on October 23, 2011 at 10:30pm — No Comments
Added by Tom Kain on October 18, 2011 at 12:26am — No Comments
You're Invited!
The Roundtable, hosted by Tom Kain and John Miller of AutoDealerTarget is broadcast live each Tuesday night at 10pm EST. Once a week Tom & John will spend one hour on a Google+ Hangout with special guests from the automotive industry and dealership professionals in a roundtable setting, sharing great ideas, best practices and learning from many of the most successful and brightest minds in our industry.
-This…
Added by Tom Kain on October 11, 2011 at 1:35am — No Comments
Added by Tom Kain on September 22, 2011 at 2:55pm — 6 Comments
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