Chat

How Much Chat is Too Much Chat?

It is turning into the Times Square of today’s website homepage. A constant barrage of invites to chat blinking away, distracting your attention. Is it noise? Is it just smart conversion tactics? Chat is getting a bit gratuitous. While speaking at a NADA 20 Group last week, I was live reviewing dealership website experiences, along with mystery shopping results, as I get called on to do. One ... Read More

volley

One Crucial Step to Lead Management: A Professional Volley

A real email conversation between a former ISM of mine and his prospect: Customer: Hello (Name Excluded), Everything you sent looks great. Do you have any on your lot in the Salsa Red Pearl color with taupe interior? My ISM: No. Customer: Well… what colors do you have in-stock? My ISM: I dunno   lemme check. Yes…. Yes, I really found this back in the day as a “discussion” between an ... Read More

industry

5 Steps to Becoming Your Own Industry

As small business owners, we often feel like we are small fish in big ponds. We don’t have the budget, reach, database, personnel, and marketing departments necessary to compete with the conglomerates and giants within our segments. It can sometimes feel like an uphill battle staying relevant and finding a voice within your field when opposing the multi-million dollar corporations that generate ... Read More

DealerKnows Seeks the Truth

Show Us the Evidence

Are Automotive Conferences Ready To Step Up? As luck would have it, I have lots of friends and family in the medical community (both human and veterinary medicine; yes, I do have friends). The topic of travel comes up frequently, which leads to discussions regarding different conferences on the horizon (and potential times to get together). Much like retail automotive, there seems to be a medical ... Read More

negotiating

Is Negotiating Necessary?

“Man alive, I just can’t wait to get in front of that salesperson and argue, bicker, balk, banter, and haggle over the price of a vehicle for the next 2 hours.” ~ said no customer ever. And yet, during the DrivingSales President’s Club in NYC last week, a study they released stated the opposite. I apologize for the low quality picture. I use a Droid. Apparently, 17% of ... Read More

weaksauce

Weaksauce

That’s what we used to call our fellow coworkers on the showroom floor when they couldn’t close a deal. “WeakSauce”. It was a put-down. Naturally, this happened at the end of the showroom visit with a customer. The salesperson would attempt to walk them through the sales process, showing off the car, taking them on a demo drive, maybe asking for the sale too late. Then, during the ... Read More

Havanese puppy

Social Media, the Puppy

My wife recently decided it was high time to get a pet dog for the family. I had been delaying this decision since my wife and I first moved in together (years and years ago). I just wasn’t ready for the responsibility. (And, on top of that, I’m allergic). Nonetheless, almost 15 years and two sons later, I acquiesced and began researching a suitable breed. Long story short, we decided upon a ... Read More

Reconditioning the Trade

Reconditioning the Trade

In our efforts to assist dealers and vendors alike as they brave the automotive landscape of prospective clients, it is every so often we get brought in to make comedic videos as a means of building awareness of products/tools/services. One of our good friends, Jerry Thibeau, has created a reconditioning process software (Recon Ninjas) that can help speed up the trade-in and recon cycle for ... Read More

Coach's Corner with Renee Stuart

Is Your Personal Brand Fishy?

A quick note from Bill: Over these past few years, Facebook has morphed from a friendly place to share personal updates to an easy place to share a pseudo lifestyle. As a salesperson, you have to be adept at the art of perception. However, if you’re truly “friends” with those on Facebook, why feel the need to keep selling? “Always Be Closing” should apply to ... Read More

General Motors BDC Assessment

Your General Motors BDC Assessment Guidebook

Hello DealerKnows’ General Motors dealer clients, As you know, General Motors has been conducting a BDC assessment of all of their dealers. We think it is great the OEM has given dealers a baseline for the processes and scripts they should be employing. However, we don’t want you to get nervous about all of the critical elements you need to have in place (and in writing) to ... Read More