Archive for February, 2012

Lost in Translation

Posted by Guest Poster  |   Tuesday, February 28, 2012   |   Posted in Best Practices, Opinions & Advice

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As a complete Noob to the vendor world, I am constantly afforded the opportunity to learn new and amazing things… sometimes on an hourly basis. Talk about a One-Eighty: 15 years in the dealership, then to one of the most progressive automotive software solutions provider in the industry. When I’m lucky enough to get invited to a meeting, I have to admit that half the time, I have no idea what the hell they are talking about!  I’m still learning the language.

Complimenting my new friend Joe Mescher (@joemescher) the other day on his article discussing the Google Cookie Monster, I think we both got that “hmmm…. that might make a good snippet” look. I’m a huge fan of Joe’s writing and won’t pretend to be able to add much depth to any conversation about digital marketing from the vendor side, but let me know if this sounds at all familiar in your store:

About the Author

John Quinn John Quinn is a 15-year automotive vet on a mission to find-out exactly how and when he went from whiz-kid to old man. If, by chance, you’d seen Mr. Quinn’s youth, please raise your hand. You can now follow John on Twitter @JohnGQuinn

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The Reputation Score You’re Not Checking and Should Be

Posted by Guest Poster  |   Tuesday, February 21, 2012   |   Posted in Best Practices, Internet Sales Tools

image of desperate manager for email reputation

You’re probably monitoring your dealership’s online reputation with customers on DealerRater and Google, but did you know there is another element of your dealership’s reputation that is being scored that can dramatically impact your store’s sales? This is the email reputation your dealership has with Internet Service Providers (ISPs) such as Hotmail, Yahoo, AOL, etc.

If you have a bad email reputation with the ISPs then the next time you hit the “send” button on an email campaign to your customers you’ll find a growing percentage of your emails delivered to your customers’ spam folders rather than their inbox. Customers can’t respond to messages they don’t know that they have so inbox delivery is critically important to generating the sales prospects we’re all looking for.

Here are a couple of free resources that will help you monitor your email reputation:

About the Author

Melinda Terreri Malinda Terreri is President of 1to1 News, LLC, an online newsletter service for automotive dealers that combines social media; automotive articles; interactive contests and behavior-based marketing. You can contact Malinda at (800) 879-8870

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Facebook / Pet Rock Analysis

Posted by Guest Poster  |   Monday, February 20, 2012   |   Posted in Latest News & Trends

image of pet rock

Where will Facebook “be” in 10 Years?

Certain recent research and articles have me thinking about the long-term sustainability of Facebook as a viable Marketing/Advertising platform. I’m curious to learn the opinions of the learned followers of this forum.

Where will Facebook “be” and what will it look like in 10 years? (For our post-70’s born readers, a quick read on the Pet Rock fad: http://en.wikipedia.org/wiki/Pet_Rock)

You can’t argue the social and marketing significance of Facebook in today’s marketplace (Advertising Rule #1: Fish Where the Fish Are!), and we’re not discussing if your dealership should advertise on Facebook (it should). This is a discussion about the “patterns” and ebb-and-flow of societal phenomena in the context of today’s Dealers in a Social World.

I will summarize (poorly) the research I’ve recently encountered followed by my own takeaway:

About the Author

John Quinn John Quinn is a 15-year automotive vet on a mission to find-out exactly how and when he went from whiz-kid to old man. If, by chance, you’d seen Mr. Quinn’s youth, please raise your hand. You can now follow John on Twitter @JohnGQuinn

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How Do I Convert Visitors On My Dealer Site?

Posted by Guest Poster  |   Friday, February 17, 2012   |   Posted in Best Practices, Internet Dealer Marketing, Internet Lead Sources

 

 

image of quite button

I’ve been spending a lot of time digging into the data collected from the analytics of our dealership website recently. Ultimately, I’m trying to discover what consumers are looking to get out of my website so that I can offer them the opportunity to convert into a lead with ease. Naturally, I won’t try to make them feel like they are turning into a lead; rather, I would like to provide convenient options that cater to purchase decisions and actions in a way that entices the user to use the website as a communication tool. Most people don’t want to fill out lead capture forms (and rightfully so), so I have to give them a compelling reason to do so – but how do I do that?

I’m a young guy, so I understand why our target demographic is a little weary of filling out a form online. Personally, I’d be more than willing to fill out a form on a product that I was actually interested in purchasing. I’ve been socially conditioned to treat the Internet as a purchase tool and I’ve had quite an interesting time figuring out how to entice the older generations to follow suit. I believe the only way to do that is to make the car purchase process easier for the consumer.

From looking at my lead conversion data, I can tell you with quite confidence that users aren’t really interested in the opportunity to “Request Information” or “Express Interest” in a vehicle. So I ask the automotive website providers – why are these calls-to-action still so prevalent across dealer sites? Have you even been doing any conversion optimization testing across your dealer pages? If not, can you really consider yourself to be a respectable “player” in the automotive website business? Tangents aside, since users aren’t interested in requesting additional information, we have to decide what calls-to-action will enable them to divulge private information.

The most common call-to-action in the automotive industry is “Get A Quote.”

A quote, you say – for what? The price of the vehicle is right next to the lead capture form, so what exactly am I getting a quote for? Monthly payments? Interest rates? The ambiguity of this call-to-action is rather puzzling – would we be more likely to generate leads if we provided more options for the user that are fairly specific? I understand that people convert all the time on the “Get A Quote” call-to-action, but what if we provided more options for the user?

Lead generation is an interesting topic in the auto industry. Contrary to an e-commerce site whose primary goal is to entice the user to buy a product, we are faced with the challenge of converting visitors online for something that they cannot readily purchase through the Internet. In order to improve, we need to dissect the purchase process in an attempt to provide a simpler, more efficient means of acquiring a new vehicle. What’s the primary reason somebody will contact us via our website? It is most certainly to negotiate a price. Does “Get A Quote” imply that the user will be negotiating a price? I don’t think it does and it certainly isn’t clear-cut enough to entice the average consumer when they can just as easily “Get A Quote” in the actual dealership. We can make this process easier by appealing to the current actions of the consumer. In this case, we need to offer them the opportunity to negotiate a price online before they make the trip into the store. Consumers are already using automotive websites for this task, so let’s make it easier for them.

“But wait,” you might say, “we don’t want to encourage the consumer to request a lower price!” Unfortunately for you, the automotive industry has been doing a pretty good job of encouraging that practice for many years now. The consumer is conditioned to think that they can get a better price than what the dealer lists and I can almost guarantee that you’re selling vehicles for less than MSRP, so why not start the process earlier? You’ll have the opportunity to learn more about your customers and grab some contact information in the process. Let’s give the consumer an opportunity to start the purchase process in the comfort of their home so that they can come into the store when they are good and ready to purchase — it’s what they want to do anyway.

Our culture has done a great job of reinforcing stereotypes of salespeople in the auto industry. Although we know better as insiders, many people still believe that the shark salesman is going to rip them off when they decide to make the trip into the store. What if we turned the process into a friendly encounter with an informative, yet confident salesperson that is willing to negotiate before they get you “in the box”? If you’re looking for dealer differentiators, there’s a good place to start.

I’m not a fan of TrueCar, but I believe they got 1 thing right: consumers want an easier, more transparent vehicle purchase process. However, it is not the case that we have to give away our internal costs to make that happen. Consumers start their research online, so let’s learn from the past and appeal to their purchase behaviors, not fight them. Watch how consumers interact with your website,
track their requests, and appeal to their desires. We need informed ISMs in our industry because the current inflexibility and lack of control from automotive website providers needs to change. This is a dynamic industry, so let’s start heading in that direction with regard to our online presence.

Do you agree/disagree?

Is it useless to try to convert consumers online if they are already interested in a vehicle? Let’s discuss in the comments.

About the Author

image of Kyle Suss Kyle Suss is a regular contributor to DealerRefresh and is the Internet marketing director for Denver used cars dealer Suss Buick GMC.

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The Phenomenon of (Lin)ternet Sales

Posted by Guest Poster  |   Thursday, February 16, 2012   |   Posted in Best Practices

image of Jeremy Lin

The sports world is buzzing because of one player. An underdog of Chinese/Taiwanese descent is lighting up the scoreboard in the NBA and this lightening rod of excitement has consumed a nation.

His name is Jeremy Lin of the New York Knicks. He was undrafted. He had been cut from two different teams. He was a fill-in player that wasn’t supposed to get any real playing time. He wasn’t supposed to be any good. Yet, he is turning heads. He has been a marketing wonder for a team, a catalyst for a city, and a role model for a league.

How many great talents sit on the bench without ever proving they can succeed in the spotlight?

The powers that be are not always the ones with the keenest eyesight for talent. It is common that the old guard makes the decisions and only look for those stereotypical playmakers when deciding who to elevate into a position of authority. The managers in our dealerships were promoted usually because they reminded their managers a little of themselves.

If we keep looking for the same type of players to lead our teams, we’ll never improve our culture. If we keep promoting the same type of players, without ever giving the opportunity to someone who isn’t prototypical, we will never grow as an industry.

How many people may you have passed up giving the chance to prove themselves in managerial spotlights?

How many Internet sales managers have sat on your bench, pounding away on the keyboard in their department, without ever considering them for a role in upper management?

You may have a Jeremy Lin on the bench.

You might have an Internet sales manager that deserves a little more respect. They might have progressive, forward- thinking ideas or simply a better attitude toward customer interaction. They may be destined for greatness in management, if only given the chance.

Their different outlook on the industry may improve the way your dealership connects with their customers. Just because someone has “Internet” in their title does NOT mean it is the only segment of your business they should be in. If anything, their strength in your Internet department makes them a better choice for an open sales management slot.

Don’t stereotype anyone into a role. Don’t keep anyone on the bench because of their philosophies, mental make-up, or job title.

We need to be bringing new blood into our front-court management teams. As Jeremy Lin has proven, the person you need the most may be the person you’ve undervalued all along.

Are you overlooking your next Jeremy Lin?

About the Author

Joe Webb If you don’t know Joe already, Joe is the founder of DealerKnows Consulting and has been bringing online sales success to dealerships across the country through his hands-on consulting efforts and progressive training programs.

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