Posts Tagged ‘online awareness’

Don’t Have a Death Wish. Be Charles Bronson.

Tuesday, July 7th, 2009

There is the age-old saying that “you can’t believe everything you read”.  Well, that thought process has expanded.  With the glut of internet “consultants” in the game, I believe you must add “don’t listen to everything that is taught”.

There are two widely-held, overly-preached beliefs that can cause irreparable harm to your ecommerce objectives and bring about online irrelevance.    Dealers that adopt these incorrect ideas must have a death wish.  Instead, disregard these poorly-conceived trainings and stand strong – Charles Bronson-style.   Unfortunately, these are not “old-school” tactics that these “trainers” are teaching, but instead, they are new-school philosophies oversimplified.  I will detail these two bits of bad advice.  When an “expert” walks into your store spouting this nonsensical bologna, do yourself a favor and stick to your own beliefs…just like Charles Bronson.

First Commonly-Held Belief to Avoid – Dealers must go back to the basics regarding their internet initiatives.

 

“Back to the Basics” will kill any automotive dealership attempting to stay ahead.  There is no reason to scrap all efforts and begin again.  “Back to square one.”  I’ve heard dealer principals relent.  Where is ‘square one’ anyway?  Is it a city?  Is it a state of mind?  No…it’s the unemployment line.

Granted, you may need to bring aboard some refresher trainings to remind your staff of fundamentals, but far too often, dealers go back to the drawing board and “start fresh”.  In this difficult economic market, only the forward-thinking dealers are seeing vast improvement – and do you know the one thing they aren’t doing?  They aren’t starting over from scratch.  Even with potential flaws, they are moving forward, placing emphasis on their strengths and minimizing their weaknesses.  They are dedicating a greater portion of their advertising to digital efforts.  They are going to battle with the staff they have.  They are sticking with the solutions that have brought them “only this far”.

Any legitimate consultant will tell you that it is likely not the solutions or staff doing your dealership a disservice, but instead, how they are being utilized and managed.   Personnel and products seem to be the first on the chopping block when sales become stagnant.  Instead of going back to the beginning and bringing in all new CRMs, websites, staff, and strategy, it is much smarter and financially-viable to focus on using all of these resources to their greatest capacity.  Very few website providers or CRM solutions will tell you that their systems are being utilized to their fullest by dealers.  If they do tell you that, I would drop them because they probably offer far too few features to sustain economic growth for their dealer clients.

Don’t go back to the beginning.  If you are holding steady in this market, continue to dance with the people that brought you there.  It only takes a little dedication, perseverance, and time to weather the storm and come out looking sunny.

Second Commonly-Held Belief to Avoid – Internet buy-in should come from the top down.

This was very true four or five years ago, but times have changed drastically.  Not too long ago, some dealers were still wary to dedicate large portions of their ad budgets to advanced technologies and programs, but not any longer.  Now, a good majority of dealers have seen some success and growth from their digital marketing efforts and are looking to grow that area of their business.  Now, this philosophy has shifted.

If you want to push ahead and achieve online profitability, the internet buy-in must come from the bottom.  This is not to say that a sales staff is the “bottom” of the dealership environment.  They are the front-line of your store, but all too often, they do not have the decision-making power to change the culture of a dealership.  However, if an entire sales force was dedicated to improving online, then they will easily be able to elicit buy-in from the top.  No owner would turn away a crew that said “Golly jee, we’d really like to have some software that allowed us to reach our customers electronically on a massive scale using multi-media and enriched content.”  I think most owners would have a grabber (i.e. heart attack) if their staff actively sought more internet engagement with their customer base.

Obviously, dealers still must understand the online metrics that are to be tracked and attained. However, the only actionable buy-in needed from above is hiring candidates with an inclination to achieve internet connectivity.   With the right, forward-thinking, “connected” sales force in place, the culture of the dealership will naturally change for the better.

To that end, avoid listening to those so-called “auto consultants” who only teach the basics.  You are actively reading an online resource as we speak.  You are well-versed on the basics.  You don’t need to go backwards, but advance.  You mustn’t put the weight of your dealership’s virtual world on your own shoulders, but look to the stars in your sales staff to lead the way.

No more “back to the drawing boards”.  No more Saturday morning spiffs to reward mediocre internet results.  It is time to get away from the basics, push for progress, and be a Bronson.



On Your Mark, Get Set, Go

Friday, December 5th, 2008
As most Internet Sales Professionals know, running an internet department is a race.It is a race to see who can respond to the customer the fastest, who can get them on the phone the quickest, and who can bring them into the store first.It is time for Internet Sales Departments to stop being a pit stop and information booth on the road to the sale, but the finish line.

 

Several improvements can be made to your dealership’s Internet department that will increase the closing ratio, volume of sales, and profits. You need the basics if you want to get a quick jump off the line.
Some of the necessities to run a profitable Internet department or BDC are:
Advanced, call-to-action email templates with a solid foundation and structure

An ongoing, detailed follow-up process that reaches the consumer over a long period of time

Successful phone scripts to prompt appointment-setting of internet shoppers and

Competitive pricing

With these (often-overlooked) fundamentals in place, dealers can get off on the right foot and compete with local dealers. However, without someone who has successfully created a department such as this before at the line, most dealers haven’t even strapped on their proverbial running shoes. Let’s face it. The starting gun has already fired and it is never easy playing catch up in a race. Everyone wants to be out in front.

Those dealers that are currently leading the way in online sales and profit realize the creation and management of Internet departments is not a race, but a marathon. Many of these dealers have already embraced live chat, video messaging, transparent pricing, online shopping carts, and specifically-trained internet specialists.

Forums available in the industry offer a wealth of information, but sometimes it takes a person “in-the-know” that will help you reach your stride. However, if your Internet sales efforts don’t get you off to a good start, you could be left in the dust by your competition.

Realize that you must train to run well. Whether it is a race or a marathon, consult others to increase your e-commerce and digital marketing profitability. Checking out this blog is similar to stretching your legs. Consulting a professional or dedicating yourself to the process as others have will get you into the race. Know, though, that while you can win or lose the race, there is no finish line. It all depends on how much you condition your dealership for online success.

 

On your mark, get set, go -

 

Joe Webb



Will Your Internet Department Sink or Swim?

Saturday, October 4th, 2008

An Internet Sales Professional should be a life raft.You can stop an internet customer from drowning in a pool of builds, specs, and prices.You can save them from visiting one salesperson-flooded dealership after another.

 

Now ask yourself…are you a life raft or are you an anchor?

 

A life raft will answer a question quickly and, more importantly, competently.

An anchor will attempt to drag the customer into the store by giving them either as little information as possible or by flooding them with prices.A life raft offers quality answers after the initial email and gives customers realistic expectations and fair offers.An anchor promises the imminent arrival of a vehicle they have little chance of obtaining.

 

One thing that an Internet Sales Professional (ISP) can be sure of is the internet-savvy consumer knows a price waits for them right around the corner; one website away.More and more, customers demand to have all their questions answered… and sooner rather than later.Vague answers are no longer adequate bait to lure today’s consumer.
 

 

Save them from vague answers, repeated urges to visit, and automated follow-up responses.If you want to be competitive, you have to answer their questions on the first email.Please notice… “email”.Don’t be the person that calls them immediately, even if it is under the veil of “Did you receive the information I sent you?”They are sitting at their computer with their inbox open!They know you did not send anything!You can always call later; but you can’t change a bad first impression.Send a personalized email first.

 

Internet Sales Professionals have the opportunity to separate themselves from the typical salespeople on the dealer floor.These are the very people the consumer fears and want to avoid speaking to in the first place.And let’s face it, we ISP’s are all just glorified sales reps with good word tracks, better organizational skills, and fast fingers.However, customers have higher expectations of us.Johnny Car-Buyer doesn’t want to believe he is talking to a Sales Rep that can type.Nor does he want to be conversing with a technician from a computer store.He wants to believe he is speaking to a knowledgeable friend that is looking out for his best interest.Johnny needs a life raft.

 

Any ISP worth their weight in leads will tell you that directing an internet customer to act is just as easy as a walk-in customer.We all have the same job duties.We all are fighting toward one goal.“Get the customer in.”How we go about this and how we view our job description, though, is what separates you from the next ISP a few miles away.How do you direct an internet customer, you ask?Your first email will rarely spur someone to hop into their car, drive to see you, and drive off with the exact vehicle quoted.Not anymore.A few years ago this was a little more common, but people want all of the information nowadays.They don’t do this solely by collecting prices.Internet customers ask follow up questions.It is how you respond to these questions that determines your worth as an Internet Professional.

Build trust by moving the internet customer one step at a time.Build the relationship, connect with the customer, and move them toward you.This is how you differentiate yourself from other ISP’s and endear the customer to you.Customers want to be guided on their car-buying process.Replying to customers’ questions will give you the opportunity to direct them to the dealership. If handled correctly, you can guide them straight to your lot.You don’t need to light a fire under them in the first email.You simply need to give them reasons over time to see you.It is a process.

 

Some dealers operate by inundating their internet leads with mass amounts of information, whether it was requested or not.This is called the “Info Anchor”.The anchor drowns the customer with builds, specs, and prices, hoping to look like they are being upfront with their information, but, in reality, just trying to save themselves time from following up.You don’t need to purchase ALL of the leads possible. You simply be more thorough with your leads so your closing ratio increases.

 

Like everyone else, I shop my competition.Their initial emails with amazingly low price quotes, attached list of all features and options (and even discounted warranty prices!) are absurd.Even though they are not being vague, they are supplying the customer with too much  information:The Info Anchor. However, try to ask them a follow up question and wait for a response.Continue to wait.Take a nap.Take a trip.Take a coma.You will keep waiting because they hardly ever answer follow ups.They give it their one shot and they’re done.That is when Life Raft (me – and not just because of my size) floats in and saves them.I keep them headed toward land by answering any remaining questions they have.I don’t make their vehicle purchase seem like a too-good-to-be true mirage, but a tangible and reachable goal. An overflow of information will simply numb them from realizing the difference between a fair deal and a nit-picky deal.You will just send them shopping.Doing this is creating your own worst enemy.

Here is my request to all ISP’s.This is what I am asking you to do.
1) Do not give the lowest possible price for a vehicle.Offer a competitive price that reflects the value their vehicle deserves.You are selling something of value.You are selling a motor vehicle that will be carrying their most important commodity – their family.

2) Don’t offer to beat everyone’s deal.You will only send them scavenging for quotes.In latter emails, simply tell them you will stay competitive with other offers.

3) Build value in what you do.Buying a vehicle can be a painful process.You are saving a customer from going through a potentially-frustrating and painstaking process of visiting an endless number of dealerships to get the same questions answered.

4) Tell them the truth.It is a lot easier to remember what you have said to them in the past.

If a customer feels that you have saved them time, energy, and a little money…you have already become their life raft.You have become a real Internet Sales Professional and you have earned the sale.