Remove Customer Remove ROI Remove Sales Goals
article thumbnail

Guide to Dealership Customer Loyalty

Automotive Mastermind

Now, amid inventory shortages and historically high vehicle prices, nurturing a dealership’s automotive customer retention program against competitor’s conquest attempts has become key – critical to both immediate and long-term success. more for new vehicles in January 2022 than the previous year. buyers dropping to a six-year low in 2021.

article thumbnail

Optimizing Your Car Dealership’s Advertising Budget: A Strategic Guide

Shawn Ryder

Introduction Allocating the advertising budget effectively is crucial for car dealerships aiming to maximize their return on investment while reaching potential customers across various platforms. This long-term strategy enhances your online presence and can provide a high ROI.

ROI 52
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

5 Ways To Improve Dealership Customer Loyalty & Retention

Automotive Mastermind

As dealerships’ new and used vehicle inventories slowly begin to normalize, now is the time for automotive industry dealers to focus on proactively retaining their loyal customers and improving retention. It’s critical dealers take intentional, proactive action to protect their customer base against the competition’s conquest efforts.

article thumbnail

How to Understand & Measure Dealership Performance

Automotive Mastermind

Different types of dealerships may have different goals based on their business models, target customers and market demands. It’s important to consider both short-term and long-term goals, as well as how these goals align with your dealership’s mission and values.

article thumbnail

Crafting a Winning Digital Strategy for Car Dealers

Automotive Digital Marketing

These objectives could range from increasing brand awareness to driving more foot traffic to the showroom, boosting online sales, or enhancing customer retention. Every aspect of the digital strategy should align with these objectives, ensuring that all efforts contribute towards achieving the dealership’s broader goals.