As the Toyota brand works to replace Ford in the top spot for US vehicle sales in 2018 (as of this writing, the Ford brand holds roughly a 14% share of the US Market to Toyota’s 12.4%; source here), you have to wonder how much of a difference an extra $108,000,000 to spend on targeted advertising would make.
I suspect it would make a difference.
By the way, you can replace Toyota and Ford in the headline with any two OEMs you’d like. The bottom line is that the average dealer I encounter today is wasting about $6,000 every month just on fraudulent/wasted SEM (primarily display and pay-per-click advertising).
Here’s my math: [Read more…]