In a business with narrow margins, understanding your market is critical. Current solutions can only tell a dealership what a customer paid after the transaction, not the price that brought the customer in. Luckily, DealerKnows is there to make sure your dealership is not a day late, and a dollar short.
Presenting PriceMatrix, a new service engineered to give dealerships a deeper level of pricing intelligence. PriceMatrix offers timely reports that rank your vehicle pricing and response times against your direct competitors. Dealers no longer have to speculate on competitive pricing, while sales personnel no longer have to bear the burden of making excuses. PriceMatrix is the ultimate level of competitor price mystery shopping you’ve been longing for.
What PriceMatrix does for you:
- Comprehensive competitive pricing analysis
- Understand actual vehicle request pricing relative to direct competition
- Ranks a given dealership against its closest competitors based on phone and email times
- Compiles data based on core inventory or specific vehicles
- Provides group averages and summary performances
- Click to image below to see an actual report
If you want DealerKnows to monitor your team and your competition in an effort to stay ahead of the market, just contact us now.