Posts Tagged ‘“social networking”’

Validation and Fruition

Thursday, March 4th, 2010

Here is a blog post I made on ADM.FM that has yielded some great comments, discussions, and information… check it out at http://www.automotivedigitalmarketing.com/profiles/blogs/validation-and-fruition

Or just read my initial post below -

I’ve actively commented on two other great, current blog posts here on ADM.FM – one by Bryan Armstrong and one from Todd Smith. This post is a marrying of the two topics – Vendor Relationships and Social Media Best Practices. Toward the end of this post, you will learn of a specific social media & CRM enhancement that a vendor (Vin Solutions) put into their CRM based on my suggestion – that ties into its own best practice – and something you should get your CRMs to implement as well. Let me preface that this is not a “Pimp Fest” but an experience I recently had that I valued and hopefully gives you a hint onto what you should do/look for in your lead management.
When on the retail side, I trained my BDC team to deconstruct every inbound lead that they received. (This is a practice that is not done near enough in most dealerships I’ve found). I believe in maximizing every lead. You must drill down and read into the lead, picking apart the information they’ve provided and then, by being proactive, search for information about them that will help you build rapport.

Every lead that came into my CRM would be deconstructed. My team would Google search the name of the prospect and search for them on the social networking sites. Now let me preface, THIS IS NOT THE TIME TO REQUEST A CONNECTION/FRIENDSHIP. You’ve done nothing to earn their friendship. This is solely meant to spy (so to speak) and glean as much information about them as possible so you can, in turn, attempt to carefully build a little rapport (without divulging that you had researched them).

This, I believe, is just one best practice that social networking has provided us. This piggybacks off of what Todd Smith of ActivEngage said that dealers are attempting to connect with potential customers much too soon. However, if you implement this practice I taught/teach, it allows you to use these sites as a resource for you to help mold and shape your customer correspondence.

Now let me tie in Bryan Armstrong’s blog about the importance of vendor relations and how having the right, proactive vendor is important.

While on the retail side, I used a very detailed, comprehensive, expensive CRM – that I loved. However, over the course of a year, I submitted 47 tickets for enhancements/improvements. Not for support, but enhancements to be made. Being a hands-on Internet Director that was a self-proclaimed expert in my field, I felt that I was playing the role of the CRM vendor’s eyes on the street. I gave them the much needed, in-the-trenches, experience to help them improve their system for other dealers. Invaluable information. Now ask me how many of the 47 were implemented… NONE. Not one. In a year.

Now I am on the training/consulting side and I get to experiment/play with/manipulate many CRMs and websites. I had a three store group with Vin Solutions and became a fan of their product (much like Bryan Armstrong was touting.) As I said before, I do not want this post to be considered a “Pimp Fest”, but I want to tell you of an experience I had that I valued.
One my own dime, I went down to Overland Park Kansas (from Chicago) to be trained on the Vin Solutions software at their headquarters. I figured, it was worth the money for the trip because I would know how to manipulate the system for my dealer clients – showing them a better return from their CRM solutions.

While training – and if you know me, you know how very outspoken and confident I am – I told them there were 5 things their CRM needed to do, but didn’t. (I expected this to me similar to my last experience where I provided a recipe for an enhancement and it was overlooked.) Vin invited me to their Dealer Advisory board meeting in Orlando before NADA and I attended. As I walked in, Matt Watson, their CTO and code-writing genius, walked up to me and said, “We’re going to show you a bunch of enhancements we are rolling out on our software…oh, and the five things you suggested, they are in there and up and running.” In just a month and a half, Vin Solutions input ALL FIVE of my requests!

There is one specifically I want to hail. One, that I will tout as my own, is an automatic link on every single customer lead’s profile that links the ISM to that customer’s social networking profiles (if they have one) to help deconstruct the lead. It doesn’t take you off the page, but helps you dramatically increase what you know (and can learn) about your e-lead prospects. This is a massive time-saver and a best practice that should not be overlooked. If you don’t have Vin Solutions and have no interest in switching providers, I urge you to contact your current CRM provider and have them create this enhancement for you (in a month and a half). You will see your appointment-to-show and closing ratios rise dramatically.

Since it has been put in, and before Bryan Armstrong left his last post, he told me how that feature – on its first day available to his team – was used to sell an extra car that day. How fulfilling is that for little old me? That is called VALIDATION and FRUITION my friends. I only hope you can experience the same journey with your ideas and vendors married together.



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.



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.