Remove Customer Remove Demographic Remove Finance
article thumbnail

Media post: Accelerating Adoption: Cryptocurrency’s Role in Automotive Financing and Payment Systems

Best Selling Cars Blog

Cryptocurrency: Transforming Automotive Finance In the past, automotive financing involved a bank, credit union or any other company that deals with loans for vehicle purchases. Streamlining Payment Systems In addition to financing, cryptocurrency is streamlining payment systems within the automotive industry.

Finance 130
article thumbnail

BLOG Does technology hold the answers for automotive finance? 

Motor Trader

The Court of Appeal found it unlawful for dealers to receive commissions from finance companies unless the payments had been properly disclosed and customer consent was given. Fintech is revolutionising multiple aspects of consumer finance, and its application in car dealerships is long overdue.

Finance 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

BLOG Does technology hold the answers for automotive finance? 

Motor Trader

The Court of Appeal found it unlawful for dealers to receive commissions from finance companies unless the payments had been properly disclosed and customer consent was given. Fintech is revolutionising multiple aspects of consumer finance, and its application in car dealerships is long overdue.

Finance 52
article thumbnail

Harnessing Customer Engagement Through Social Media: Strategies for Automotive Dealerships

Shawn Ryder

In today’s digital world, social media has become a vital tool for automotive dealerships to engage with customers, build brand loyalty, and increase sales. Understanding Customer Engagement Customer engagement refers to the interactions between a business and its customers.

article thumbnail

Creating Compelling Content: How to Engage Customers and Drive Sales for Your Dealership Online

Shawn Ryder

In today’s digital landscape, creating compelling content for your dealership is vital for engaging customers and driving sales. In this blog post, we’ll explore the importance of compelling content, strategies to create it, and actionable steps you can take to engage customers effectively.

article thumbnail

Maximizing Customer Engagement Through Personalized Marketing Strategies for Dealerships

Shawn Ryder

In an increasingly competitive automotive market, it’s essential for dealerships to engage customers in meaningful ways. Personalized marketing strategies can enhance customer engagement, create loyalty, and drive sales. Leverage Customer Data Effectively Data is the backbone of personalization.

article thumbnail

Maximizing Customer Engagement Through Effective Digital Advertising Strategies for Dealerships

Shawn Ryder

In the fast-paced world of automotive sales, effective customer engagement is critical for dealerships looking to stand out from the competition. Digital advertising strategies can play a significant role in maximizing customer engagement, boosting brand awareness, and driving sales. Why Is Customer Engagement Important?