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EVALUATE YOUR DEALERSHIP SALES TEAM PERFORMANCE

Dealer World

Dollar metrics Inventory turnover Per-vehicle revenue targets Used/new vehicle sales ratio Sales per employee Call-appointment ratios Lead follow-up times Conversion rates Of course, many aspects of these numbers are related, and it takes a keen eye to understand exactly how they’re influencing your overall sales goals.

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The Vast Majority of OEMs are Making Contingency ICE Production Plans as EV Sales Miss Projections, but are Increasingly Optimistic about Health of US Auto Retail Industry

Dealer World

These results are consistent with the declining sales growth in EVs – through June 2024, EV sales growth is down 84% compared to 2023. Additionally, while OEMs are more supportive of the dealership legacy sales model, a rising number expect to take a leading role in the customer relationship and data ownership.

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YOU HAVE A BDC BECAUSE IT’S WHAT YOU WERE TOLD TO DO—BUT IS IT DOING OK OR AMAZINGLY WELL?

Dealer World

Between channeling leads to your sales teams, setting appointments with customers, and staying ahead of customer needs, there isn’t a corner of your business it doesn’t impact. SETTING CUSTOMER APPOINTMENTS Whether the call is incoming or outgoing, your team should be setting appointments to bring customers through the doors.

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WHAT IS MYSTERY SHOPPING FOR DEALERSHIP SALES TEAMS?

Dealer World

And all of these rely on customer memories being recalled days, even weeks later. The specialists in a BDC save time for your sales team by engaging with customers on a range of topics and directing traffic. What’s the answer, then? Internet surveys? Nope, only 44% of those are returned. Receipt surveys?

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Dealership Training: Handling Phone Leads That Convert to a Sale

Dealer World

Ironing out your procedures opens the door for better visibility, but it also keeps sales consultants and BD agents focused on their calls… instead of fiddling with an unreliable CRM. BDC for Inbound Calls Inbound calls aim to provide immediate, informed, and smartly scripted responses to customer inquiries.

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6 REASONS TO INVEST IN SALES TEAM TRAINING FOR YOUR DEALERSHIP

Dealer World

Investing in a great training program is one of the best ways to increase all of your key metrics and meet your monthly sales goals. If you want to keep your customers happy while maintaining the consistency of your brand message, sales team training is one of the best ways to keep everyone in your sales department on point.

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STRUGGLING DEALERSHIP SALES TEAM? YOU NEED A MYSTERY SHOPPER!

Dealer World

In most cases, revenue opportunities are left on the table because of inefficient or dated sales practices that aren’t giving customers what they need to make a purchase. Our team has put together a first-class guide to give you the lowdown on this game-changing customer service evaluation tool. WHY IS MY TEAM FALLING BEHIND?