Posts Tagged ‘car’

Foursquare: The Mobile App, not the Negotiation Tool

Wednesday, February 17th, 2010

You can’t spell social media without “me” or “I”. The entire medium has become, through its own nature, a very me-centric platform. People only post as it relates to themselves, their business, or their beliefs, blasting forth their very own personal news channel that they deem worthy enough to share.

Foursquare is one of the newest social networks, specifically designed to cater to those through a mobile application. Simply put, in its most common, understood form, Foursquare gives users the ability to:

1) “Check-in” to different places or add new ones worth visiting
2) Let their presence be known to their contacts and the online community
3) Lay claim of ownership after multiple visits to the same location
4) Earn “badges” for usage levels
5) Leave tips and shouts for future visitors of the establishments

This can all be accomplished through the typical geo-locating (geo-targeting) found on mobile devices. Early adopters of this platform will be at the advantage as they will have simply collected more badges, visits, friends, and lay claim to more territory through their travels.

Now how can this be monetized? Or, maybe less greedy, how can dealers use this to their advantage? I’ve been thinking about this recently while actively “playing” with the system. Sure, this entire post may be directed to the select few dealers on the forefront of online exploration (and many should focus their efforts on the fundamentals of internet sales), but I wanted to head up this topic nonetheless.

Here are just a few ways I think dealers may be able to utilize this new social networking platform.

1) Any customer of the store (unrelated to employees) that are deemed the on-going “Mayor” of the store can have a little plaque in the service drive on a monthly basis (as long as they have the title at the start of the month) is awarded free oil change or a piece of apparel.
2) If the drivers of your courtesy shuttle(s) are given mobile devices to assist with directions or contact back with the dealership, they can help register drop off points of their customers – when delivering them to work. Provided they leave a recommendation commending the customer at that store, the recurring gratitude/retention will be easily felt and you will also be opening up a new channel of places to draw friends.
3) Have your employees check into work (not so you can track their presence on Twitter/FB), but so they can leave tips/shouts letting other customers clocking in know what some recommended specials may be. May also work for those employees you send to conferences – checking out what workshops they are attending while on-site (and not galavanting around town).
4) Actively request reviews and tips from those customers checking in regularly.

Now, I am sure I am missing some obvious practices to benefit your dealership and its consumers. I’d love to hear from you all and see if you can think of some other uses for this new application/network (above and beyond getting your employees using it – which opens you up to a wider network of potential connections – because that is a common need on ALL social networking sites.

So please let your imagination take off and let’s create some first-in-class best practices for this tool.

As an early adopter, very few benefits or activity will approach in the beginning, but over time, as the overall public becomes more in tune with these advanced internet marketing tactics, you will have been leading the way to a dominant Foursquare user.



Automotive Trainer Creates New Way for Dealerships to Achieve Online Sales Success

Friday, January 22nd, 2010

PR Log (Press Release) – Jan 21, 2010 – Automotive dealers are fighting their way out of the industry’s most economically challenging periods.  With the economy on a slow upturn, dealerships are finding more stability in the market and dedicating themselves to the newest advances in online marketing. 

However, much like the uphill battles facing a myriad of industries, dealers are struggling to compete with those that had instituted internet initiatives in their stores before the nation’s automotive sales plummeted.  Auto industry expert, Joe Webb, President and Founder of DealerKnows Consulting, has created an innovative program to virtually manage the entire Internet sales department’s efforts and implement best practices with the use of web-based softwares, phone tracking solutions, and video chat.  The Virtual Internet Director program ensures that all online advertising campaigns are measured, monitored, and monetized to their fullest.   

“Dealers are getting away from paying the high costs of on-site training.  An automotive consultant will spend a couple of days in the store and drown them in ideas and concepts.  Truth is, it doesn’t always stick.  The teachings of some trainers fades over time.  Dealer employees need long-term guidance, specifically with the Internet departments and business development centers.” 

Joe Webb found success in the automotive industry by personally creating and managing some of the most recognized Internet departments in the car industry.  Webb parlayed his successes on the retail side into a prominent digital marketing consulting firm based out of Chicago, Illinois. 

“I’ve traveled the nation and trained on-site in showrooms.  What I’ve found is that most dealers and their employees need an advocate in their stores daily.  I saw a need to develop a specific training and management program where I can be in these stores virtually…daily.” 

The Virtual Internet Director program as it is being hailed offers car dealers the chance to have a recognized Internet sales expert and consulting leading the team and managing from afar while monitoring up-to-the-minute, real-time online and showroom activities through these CRM (customer relationship management) solutions. 

For a fraction of the cost of in-store consulting, Joe Webb guarantees to put dealerships on the path to online success by reviewing internet correspondence between dealer employees and prospects, measuring the necessary metrics for online profitability, policing the ratios to make sure no e-lead goes unanswered and all vehicles are properly are advertised, mystery shopping the dealer client and their competitors, listening to recorded calls, holding daily calls and video trainings to the Internet department staff, and training on the best-in-class processes of online inventory management. 

“Dealers’ eyes are opening and realizing that it is a breath of fresh air to know that an Internet Trainer is ensuring the success of the departments without the strain of trial and error.  In this economy, dealers don’t have the luxury to spend too much time learning the best processes.  They need help, but don’t often have the budget for it in store.  DealerKnows’ Virtual Internet Director program solves this need.  Basically, a dealer no longer has to worry about their business development centers…it is my job to keep everything growing for them.” 

Webb’s first order of business was teaming with Vin Solutions, an industry leader in offering full-service customer management and website solution software to dealers.  Webb recently became one of the few Certified Vin Solutions Trainers in the nation and believes the Vin Solutions software is one of the few natural fits for his Virtual Internet Director program.



Your Social Networking Resolution

Sunday, January 10th, 2010

Your Social Networking Resolution: What’s Your Plan or What’s Your Budget?

With the new year upon us, it is time we sit down and determine the ROI of our past (and recent) online marketing initiatives. What has worked for you? What hasn’t? What is your social networking resolution?

Are you going to dedicate your financial resources (ad budget) to the failed or fledgling programs of yesteryear or try your hand at all of the digital marketing tactics you read so much about daily? If it isn’t working, at what point do you cut ties, end your relationship with the old school vendors, and spend time on a more worthy venture such as social media?

If you want to succeed on a social networking landscape, you must first put yourself in your customer’s shoes. You must share their mindset. “What is in it for them?” you have to ask yourself. You need to show a benefit to the consumer for joining you on these networking sites. Stop worrying about what is important to you and start realizing what is important to your audience. This is the greatest obstacle for almost every dealer with a Twitter and Facebook account right now. So few have any idea what the hell to do with them! Remember, your customers are likely on these sites for personal reasons so recognize that it is called SOCIAL networking, not “business” networking.

I’ll tell you – to do it right, you must learn how to educate, engage, and entertain your audience with multiple forms of media and user-generated content to increase customer retention, brand awareness, and positive consumer reviews all while creating interactive, VIP-styled discount/deal/contest programs to elicit referrals, responses, and business. By the way, you can’t be too intrusive, pushy, overwhelming, or generic. Let me tell you… easier said than done. The “doing” takes time, knowledge, dedication, and commitment. More than most dealers are willing to dedicate.

A year ago and a half ago, you could say that social media is still early in its evolution and could have spent time figuring out the best practices on your own. Today, it is too late to experiment. You are losing market share every single time another one of your competitors joins the social site community. You no longer have the luxury to play around and wait to find out the best practices of the medium. If you are behind the social networking times, you have to make a resolution. You’ll need to either rededicate some advertising budget to training – someone who can give you a jump start on the best practices of the platform – or farm out your entire social networking campaigns to a company or group able to control your presence in this online marketplace. Or if you wanted to spend even more money, hire a professional to do it on-site full-time. I don’t know anyone who does the latter, but DealerKnows Consulting based out of Chicago and our Preferred Partners around the nation can assist you with your social media management needs.

So I ask you…what is your Social Networking Resolution? Do you have a plan? If not, you better have a budget.



A Time To Call

Monday, December 7th, 2009

An individual is interested in a vehicle.  They research the vehicle online endlessly.  Site after site, they peruse through information regarding pricing, features, specs, model configurations, comparisons, and reviews.  To stay away from the stereotypical car sales tricks that they’ve been predisposed to avoid, they decide to send an email inquiring about a specific vehicle to a number of dealerships.  This customer could have called a dealership or simply driven to the local dealer quicker.  Instead, they do all of their homework, hoping to prepare themselves for their inevitable purchase.  Their goal is to receive back information that will help them make the decision between dealers easier. What happens?  The customer’s phone rings.  Sales representatives call unexpectedly and single-handedly shoot themselves in the foot by not utilizing the same medium that the customer has chosen to begin communication.

Why?  Just as the customer has been trained to research and negotiate from the comforts of their own home, the sales associates have been trained to disregard the email and get them on the phone.  Now, let me state that I agree with the trainings of some other consultants that there is a proven importance to getting a customer on the phone.  However, I disagree with their beliefs that a call to an internet customer comes before an email.  That is an antiquated and dangerous philosophy to be teaching people on the floor during these times.  I also believe that a 1-miute auto-responder confirming the receipt of the lead is not a worthy enough email to warrant a call.  A call to a customer without their permission and without warning is often unwanted and automatically eliminates you from consideration.  You are unwilling to take their desires into account when contacting them, they figure, so how are they to trust you in the future?

When do you reach out to them and how do you do so without upsetting today’s temperamental customers?  You must begin by sending a detailed, personalized email with information (and pricing) regarding their exact vehicle requested as well as some alternative options.  In this personalized, customer-focused email answering all of their questions, you must also state that “I understand you are looking for this information quickly.  If I do not hear from you shortly, I will be calling you to confirm you have received this email.”  Ten minutes after this lengthy email is sent, you have earned the right to pick up the phone and call.  However, the phone call has to be under a guise other than “Hey…got your email.  When do ya wanna come in so I can sell you this here car?”  Now, I put a twang in that call because that is what I commonly receive while mystery shopping.  Priceless.  Instead, here is a best practice that I taught my staff at my dealership.  The call must be presented as “Hello Mrs./Mr. Customer, my name is (you) and I am with ABC motors.  I don’t mean to bother you, but I simply wanted to ensure that you have received the email I sent, answering all of your questions that you inquired about.  “Emphasize the last “you” so they realize that they brought this call on themselves and that you are doing them a favor.  Continue with “With all of the spam filters out there today, I needed to make sure it landed in your inbox.  I’d hate to think that you didn’t get all of your questions answered just because of a mail system.”  Whether they have checked or not, once they have acknowledged and understand your unselfish purpose for calling, you can say, “While I have you on the phone, can I ask if you’ve already had the opportunity to test drive this vehicle?”  Then follow your normal script/phone structure.

Your initial email has provided them all of the information that they’ve requested.  At that point, you have essentially done everything that they have asked of you and more.  You gave them a warning shot that alerted them of an impending call.  Now, if you receive an email immediately back stating – no call – or anything similar (even if you receive follow up questions), I believe you should continue to use that medium.  Email may be their security blanket.  Taking that away from them makes you the enemy.  Respect their wishes and continue with that medium of communication.

Reaching out to them in the same method in which they contacted you shows your customers respect.  We’ve all heard a customer say “if I wanted to talk to someone in person, I would have just called myself.”  It’s difficult to talk yourself out of that one.  I’ve tried and, more often than not, any potential relationship is shot at that point.  So don’t put yourself in that position.  Use the customer’s chosen method of communication and only call when you have given them fair warning.  Otherwise, you are liable to come off sounding as a telemarketer, or worse, the dreaded car salesperson they were trying to sidestep.

Opening a dialogue on the phone with the customer will forever remain imperative.  What is equally important?  Knowing the time to call.

To learn how to make the most of your business development center, visit http://www.dealerknows.com/contact



Why Certified Pre-Owned is the Way to Go

Tuesday, July 21st, 2009

 

Having worked in the trenches of auto dealers, I would like to share with you what I told every pre-owned shopper that I’ve ever spoken to. “If I were going to purchase a pre-owned vehicle, I would make sure it is certified.”

This was not some salesperson’s ploy to charge customers more. Truth is, the cost of a certified vehicle opposed to a non-certified is not a significant difference, but there is the potential to be a major difference mechanically.

First, I think it is important to share with consumers the basics of certification -

Most certification programs come with multiple years (average of 7) and multiple miles (average of 100,000) of comprehensive coverage (from date of original ownership).

All certification programs require the vehicle to have passed a detailed, multi-point inspection to ensure all mechanical and electrical functions are in top shape.

Most certification programs require that the vehicle has passed a detailed vehicle history report with no damage beyond one panel.

Most certification programs carry with them a long-term Roadside assistance plan that is equal to the warranty.

Many certification programs offer special financing with their respective vehicles.

Now – What is the Benefit of Purchasing a Pre-Owned Certified Car or Truck as a Consumer?

Easy…peace of mind and protection. Once again, this is not a sales pitch, but from my time in dealerships, my loyal clients and I all found that a certified vehicle seemed to hold up better, be more reliable, and show up in service less than non-certified vehicles. (Now, please note – a vehicle can only be certified by its same brand new car dealer. Hence, a certified Honda can only be certified at a new car Honda dealership. New Toyota dealers can be the only ones to certify a Toyota. Etc.)

Just seeing the benefits/rules associated with most certified programs, you will see that the cost of ownership for a certified used car tends to be considerably less than most non-certified vehicles. And the added cost at the initial investment/purchase will rarely exceed the cost saved later from repairs. (Average cost to a dealer for certifying a vehicle is between $500 to $1,000).

What is the Benefit of Selling a Pre-Owned Certified Car or Truck as a Salesperson/Dealer?

Easy…peace of mind and protection. Same answer, isn’t that interesting? In my travels, I have always found that salespeople and service writers themselves feel much more secure offering a certified vehicle to consumers. In regard to sales staff, a certified vehicle does have a significant value over a non-certified vehicle and salespeople seem to be willing to ask for the extra money because of this obvious value. More money being asked, more gross profit.

Also, those dealers that actively register their certified used vehicles with the manufacturers regularly will tell you that it is often one of their strongest sources of OEM e-leads. Internet shoppers appear to actively search for certified vehicles from the manufacturer sites. The more selection you have of certified used vehicles from the factory site, the more likely you will be to accrue additional leads.

That being said, there are multiple reasons to buy and sell Certified Vehicles. I truly stand by my words when I educate customers of the importance of a certification program. Let it be known that I have assisted both family members and friends while buying cars and those that chose a ”used car” always ended up with a “certified” vehicle. I’d have it no other way…and neither should you.

 



Five Senses

Tuesday, March 17th, 2009

 

There are several tricks of the trade to employ while test driving customers. Even with the simplest of instructions, without proper training, every salesperson can get it wrong from time to time. Who is the unfortunate victim of poor training? The customer. Especially in this instance. Another Joe Webb car guy creation.
Starring John Schrimpf and Anthony Pollina