Posts Tagged ‘“customer retention”’

Advertising On-Premise

Tuesday, June 30th, 2009

As we hear time and again, your website is your virtual showroom.As a forward-thinker, I’d like to go one step farther.I believe your showroom should be your second website.As a matter of fact, your entire dealership should double as another digital extension of your website and internet marketing efforts.How, you may ask?You can achieve this by infusing your store with the latest in technological solutions, digital signage.

Through digital signage platforms and interactive media screens, you can create your own in-house advertising network to deliver targeted messages to your customers.From experience, I know that dealers cannot guarantee a member of their sales staff is always sitting in the service waiting area, chatting up customers about the newest sales specials.It is impossible for a dealer to ensure the sales team is preparing customers for the many financial options that will be presented to them in the business office.Even in these economic times, dealer management often searches for a sales associate to assist a showroom up.Lastly, dealers cannot guarantee that the people walking in front of their showroom windows or driving by their storefront are being reached by their advertising efforts.Employing a digital signage solution gives dealers the ability to immerse their in-house (and out-front) customers with their own advertising and marketing messages.

Many say that a dealership’s most important commodity is their loyal customer base.If this is the case, you should not only attempt to retain those customers through email marketing while they are in the comforts of their own home, but you should be “selling” to them as they sit at the point of purchase.The Arbitron Retail Media study found that 65% of those that watched digital signage advertisements and in-house video agree that it would influence their decision when making a purchase.30% of consumers that have viewed retail videos have made an unplanned purchase based on the digital message.The potential revenue stream available by marketing to your current patrons must be considered and new avenues must be taken to tap into this all-important resource.

While this technology is just now beginning to pop up in the automotive marketplace, there are already some “Best Practices” to achieve.

Best Practice #1:If a customer is sitting in the service waiting room watching television while their vehicle is being dissected, why not use that very television to brand yourself?Digital signage networks allow you to display your logo, manufacturer incentives, dealership specials, in-house videos, dealer commercials, and digital ads to your customer while they are in your house and you have their undivided attention.Why not use the most popular medium available to engage your customers and cross-promote departments?

Best Practice #2 :D igital Signage allows you to educate your loyal customers (and your staff) on everything from new models, available inventory, discount pricing, vehicle features, parts specials, and service/maintenance offerings, and more.With the deployment of interactive touch screen kiosks in the showroom, dealers can engage customers with vehicle details while they wait to be assisted.

Best Practice #3:By displaying (more futuristic) media screens in the windows facing the street, dealers can literally change the face of their dealerships and broadcast digital messages, images.This can convert walk-bys to walk-ins and drive-bys to drive-ups.

Best Practice #4:Imagine filming your top salesperson giving a professional walk-around on your oldest vehicle in stock.Now imagine in mere seconds being able to upload and broadcast that video throughout your dealership (every three hours, two hours, 20 minutes).Lastly, imagine the service customer dreading the cost of work needed to be done on her/his vehicle and then viewing this engaging video.The potential for return on investment is endless for those dealerships interested in taking the next step from being a dealer with an Internet department to a true Internet dealer.

If you are dropping thousands upon thousands of dollars on the creation of television commercials, digital ads, or vehicle videos, don’t let them go to waste when they’ve run their course.You should broadcast them proudly through your own on-premise advertising platform.It not only gives you more “bang for your buck”, so to speak, but it will save printing costs as well.Customers are blind to the static billboards and banners that hang in dealer showrooms around the nation.However, to have moving flash video and automotive “infotainment” playing across your existing television screens will allow you to become your own profit center.

As ecommerce consultants, we consistently look for new ideas, processes, and tactics to bring our dealer clients into the 21st century and beyond.These innovative, technological solutions just beginning to appear in the automotive market must be considered for a myriad of reasons.While it may be forward-thinking, now more than ever, dealers must continue moving forward.



How to Retain Customers by Creating Your Own Social Network

Tuesday, May 19th, 2009

Every person and their brother are standing atop their soapboxes and preaching the importance of dealership involvement in social marketing.The reason to be active within these sites is very much the same for being online – to be where your customers are.Since there are many ways to approach this medium in the wrong way, I thought I would share just one small tactic of using it correctly.Here is a quick, best-practices tutorial on how to create and utilize just one form of social networking to better the retention of your dealership’s customers.I believe there are limited ways to be successful when creating your own social site so here are a few simple tasks you must complete when diving into this platform.

1)Understand your primary goals for creating your own site – have an objective.

2)Put someone in charge that wants to be active in following up with customers and is willing to update and manage the network regularly.Consistency is imperative.

3)Create a site on www.ning.com and create a color theme that represents your dealership and brand.

4)Upload pics of staff, logos, and any and all videos and commercials you can gather from your own dealer, the OEM, or third-party sites.

5)Have every sales person and service writer create a profile on the site and share a few family photos.Encourage your staff to show their personalities on the site.

6)Train all sales associates to invite their sold customers to the network as they wait for the business office – and help them sign up.This keeps the customer busy while waiting and gets them as a community member immediately.
a) By signing up, tell the customers they will receive service updates and specials as well as the current financing incentives and new model rollout information.
b) If the customer contacts you through this site for information regarding the purchase of any future vehicle, a social discount will be given above and beyond internet pricing.Let them know of the specific benefits for signing up.It must do something for them.
c) Explain the wide demographic of your customer base and encourage them to promote themselves and their own businesses through your site as well.

7)As the customer is leaving, take their picture in front of their new vehicle (or film a customer testimonial), and immediately upload it to the site.Alert your customers that they will be prominently featured.(This will prompt a customer to go online and actually see themselves as stars.)

8) Continue to maintain the site and add as much sticky content (media, pictures) as possible and alert them of every special event, sale, or community activity you involve yourself with.

This will not change the culture of a dealership.It will not solve all of your problems.To do it right takes significant dedication and creativity when it comes to content deployment.You are creating your own mini ad agency, but reaching your own customers only. However, with this medium, the customers are one step removed from a dealership’s online presence where, opposed to your website (which is to appease everyone), you have the ability to target specific people with targeted messages.It will take time to catch on and will initially drive more service traffic than sales.It is, though, the only way to effectively create and utilize your own social networking site.You’ll only get out of it what you put into it.The best part?All it costs is time and effort.That’s right.Everything I mentioned is free.Since it is a format that your customers are likely used to anyway, showing them that you are a part of the same online community (and leading the way) will only help you endear yourself to your customers.Use this task list only if you are interested in keeping customers the old-fashioned way…by making them feel special and continuing the relationship after the sale.



The Negotiation

Monday, December 8th, 2008

This is what happens when an internet-researched client meets the stereotypical car salesperson. When someone appears overmatched and under-trained, it only looks bad on the dealership. Sales Professionals must dedicate themselves to understanding how to overcome online objections. This is a DealerKnows specialty.