When handling Internet leads, the lack of response by customers, the appointments that don’t show and the unrealistic expectations often frustrate internet managers and dealers. Show and closing rates in the low to mid-teens is not uncommon, compared to the total number of leads received.
I thought I would share some best practices from my observations working both in and with dealerships, that can be used to increase the number of customers contacted that actually visit the dealership.
Regardless of whether your Internet department consists of commission based ISMs, or if it has a full-blown BDC, the right processes, personalized responses and attention paid to detail, rather than simply shooting off boring sterile templates, will show your customers that you are there to help. Consider adopting these techniques into your Internet lead process. I hope that you are able to contact more customers, make more appointments and see more of them show, resulting in more sales.
Comment
David - Great article.
Something else I would add that I have always found to be effective - and yet - whenever I attempt to explain it quickly to salesmen - reps - or managers - it is is politely excused as irrelevant and unnecessary to improve their already flawless process.
Back around 2000 - at the beginning of serious bdc training by Lexus / Cobalt - they stressed the importance of engaging the customer sufficiently to profile them and respond in the most effective manner specific to that individual customer. It was important to know which customers responded positively to being warm and chatty and with which this tactic would backfire.
When I directed bdc departments I always asked the rep "what is your lead's personality profile ?"
Fast forward this to today --- with bdc - ism - and sales all responding ----- without profiling and you see more than an internet lead response weakness - but a larger total sales response problem.
Imagine being in a fight --- the defense of a punch is different than defending against a kick - or a choke. You cannot know which defense is needed until you engage the opponent to expose their attack tactic. If you get a text that says, "Best price ?" You need an effective counter such as "What is your zip code because the rebates vary by location". That gets a volley started and you have avoided their initial wild swing at you. There is a difference between clarification and avoidance - although ---- clarification is an avoidance technique. But most don't recognize it.
From my perspective ---- I see bdc - internet sales- and sales responses to be simplistically crude or excessively informative - where a the most effective response - has to be simplistic at the right time or informative at the right time - and knowing when each is correct is key. There's an old joke about the little boy who asks his father where he comes from and the response is a discourse on the "birds-and-bees".The father asks if his son understands and the boy says --- "I think so ... my friend Bobby comes from Cleveland."
That is opposite of your Step 7. I believe in a 'Goldilocks' approach and keeping some persuasive power in reserve if needed. Keeping the easy ones easy is a more efficient use of limited HR resources.Which --- is why I favor "robot" assistance as a filter --- but that is another topic. It is important to use as little effort as possible to be able to handle as many as possible. A full-effort on each would be fine for 100 leads per month but not per week -- unless hiring 4X as many reps is in the budget. And that gets into generating far more leads --- so it is better to "not go there" now.
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