Automotive Mastermind

JUNE 9, 2023

In today’s increasingly competitive automotive retail industry, dealerships are always seeking innovative ways to increase sales and reach new buyers. Beyond fueling service revenue, upcoming service appointments offer sales teams the opportunity to build customer loyalty and engage prospective buyers already planning to visit the dealership.

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Dealerships Pre-Qualify Sales Repairing 52

Automotive Mastermind

JULY 26, 2024

State of Automotive Retail Today’s automotive buyers have more channels, touchpoints and vehicle options influencing their purchasing decisions, putting additional pressure on brands and dealers to maintain their loyalty customers and grow their market share. The 2025 forecast was also revised down by 1.6% discount off MSRP.

Dealerships 52

Dealerships Sales Pre-Qualify Retail 52

Autosoft

APRIL 22, 2024

By listing your inventory on these platforms, you can reach a broader audience of potential buyers, increase visibility for your dealership, and streamline the process of connecting with interested customers. Train your sales team to efficiently qualify leads, identify customer needs, and tailor their approach accordingly.

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Deal Dealerships Pre-Qualify Finance 52

Automotive Mastermind

MAY 10, 2024

Instead of waiting for customers to come to them, proactively engaging prospective service-to-sales customers enables dealers to meet buyers where they are in their buying journey – effectively converting and closing customers before they re-enter the market. Often in a dealership, there is a disconnect between service and sales.

Dealerships 52

Dealerships Sales Pre-Qualify Finance 52

Turbo Marketing Solutions

JULY 9, 2024

This requires a careful balance between timing and relevance – reaching out to potential buyers at just the right moment with a compelling and relevant offer. Platforms like Google Reviews , BBB , and industry-specific forums can provide useful insights into the experiences of other buyers.

Automotive 52

Automotive Pre-Qualify ROI Dealerships 52

Auto Alert

MAY 23, 2024

Reaching buyers in a position to upgrade to a new vehicle in your service drive requires having the right data and processes in place. Review upcoming service appointments and use AutoAlert to identify qualified opportunities, such as customers with equity, high vehicle repair costs, and lifestyle changes.

Pre-Qualify 62

Pre-Qualify Dealerships Repairing Customer 62

Automotive Mastermind

JULY 13, 2023

At the dealership level, these challenges are also making way for new opportunities for dealers to conquest new customers, if they can take a targeted approach to engaging the right buyers. As inventory challenges linger on, Nomad buyers are posing even greater risks of defection. in pre-pandemic 2019 to 50.2%

Dealerships 52

Dealerships Pre-Qualify Sales Customer 52

Turbo Marketing Solutions

FEBRUARY 22, 2024

Third-party automotive leads open a new door to potential car buyers or sellers that haven’t engaged with your dealership. In the vast sea of car buyers and sellers, imagine fishing with a net, not just a line. In the vast sea of car buyers and sellers, imagine fishing with a net, not just a line. Ready to cast the net?

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Dealerships Automotive Sales Pre-Qualify 98

Turbo Marketing Solutions

JUNE 14, 2024

Social media platforms will continue to play a crucial role in reaching specific demographics interested in pre-owned vehicles through engaging content and targeted ads. Personalized email campaigns have emerged as a crucial tool for direct communication with potential buyers.

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Dealerships Automotive Buyer Customer 52

Turbo Marketing Solutions

JULY 30, 2024

Purchasing leads can be a strategic move to quickly connect with potential buyers who might not have been reached through traditional local marketing efforts. It's like casting a wider net to draw in potential buyers that you may not have been able to reach solely through local marketing efforts. The result?

Dealerships 52

Dealerships Automotive ROI Demographic 52

Your Car Buying Advocate

JULY 31, 2023

Additionally, because of the way dealers list pricing online, you may not be aware of a markup over MSRP until you get down to the details of the deal or seeing it all line-itemed in a buyer’s order. Getting pre-approved by a Credit Union for an auto loan before you go to the dealership can also be a helpful step.

Finance 52

Finance Deal Pre-Qualify Dealerships 52

Turbo Marketing Solutions

JULY 30, 2024

These platforms can offer detailed insights into potential buyers' preferences and behaviors, allowing dealerships to tailor their marketing strategies accordingly. Utilizing Customer Relationship Management (CRM) systems to track call outcomes and identify patterns that indicate successful conversion tactics is also crucial.

Automotive 59

Automotive Demographic Dealerships Customer 59

Carcloud Auto Group

JUNE 29, 2024

With the right research and due diligence, you can find a used car that offers exceptional value and performance, making it a wise choice for many buyers. With the rising costs of new vehicles, many local residents are turning to the used car market to find high-quality, reliable transportation at a more manageable price point.

Finance 52

Finance Pre-Qualify Customer Dealerships 52

Drive.com

AUGUST 15, 2024

This test car is also fitted with a power roller shutter, adding $3800 to the asking price, which, let’s be honest, is essential for family buyers otherwise the pram, groceries and school bags would get soaked in a downpour. 2024 Ford Ranger Raptor ANCAP rating Unrated What safety technology does the Ford Ranger have?

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Insurance Pre-Qualify Asking Price Bump 76

Automotive Mastermind

MARCH 2, 2023

According to a recent Vehicle Buyer survey conducted by S&P Global Mobility , 60% of customers now expect their next vehicle purchase to be completed entirely online, up 8% from pre-COVID. How to Manage Your BDC Dealership leaders should begin at the top level when building a BDC.

Pre-Qualify 52

Pre-Qualify Dealerships Management Customer 52

Turbo Marketing Solutions

FEBRUARY 28, 2024

Building your own lead-generation funnel through strategic marketing efforts allows for exclusivity, brand development, and qualified lead nurturing over the long term. Instead of spending valuable time on cold outreach and prospecting, purchasing leads provides a pool of pre-qualified prospects ready for engagement.

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Dealerships Marketing Pre-Qualify Customer 90

Automotive Mastermind

MAY 13, 2022

Unless your dealership has some sort of far-fetched success with first-time car buyers, year-over-year growth can truly only come from winning customers from another dealer. Conquest marketing is when you convince potential car buyers to purchase from your dealership over a competitor’s dealership.

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Sales Dealerships Pre-Qualify Customer 52

Drive.com

JUNE 10, 2024

For many executive buyers, this opens up discussion about a raft of three letter acronyms like FBT, GST, LCT and ABN, that all link back to the ATO and a broader consideration of TAX. In simplest terms, if you opt to have your employer include a car as part of your salary package, it can be paid for in pre-tax dollars.

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Pre-Qualify Insurance Finance Management 81

Terry Lancaster

AUGUST 1, 2023

Five-time best-selling author and former general manager Max Zanan is our guest on this episode of the How To Sell More Cars Podcast talking about his latest work, The Definitive Guide To F & I. A lot of times, dealers make a mistake and overload the existing finance manager instead of hiring an additional finance manager.

Dealerships 52

Dealerships Automotive Finance Management 52

Terry Lancaster

OCTOBER 31, 2023

5:56 Speaker 2 discusses the importance of believing that every prospect is a qualified buyer, leading to different sales outcomes based on the salesperson's mindset. Speaker 2 highlights the importance of being the single point of contact for buyers to build trust and generate repeat business.

Pre-Qualify 52

Pre-Qualify Dealerships Sales Networking 52

Automotive Digital Marketing

AUGUST 8, 2024

By leveraging digital tools and platforms, car dealerships can engage potential buyers more effectively, streamline their sales processes, and gain insights into consumer behavior that can drive business decisions. Other off-page SEO strategies include social media marketing, influencer outreach, and online reputation management.

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Dealerships Customer Management Marketing 52