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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. light vehicle market has risen slightly alongside days’ supply to 50.3% While brand loyalty in the U.S.

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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.

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COMMENTARY: 5 ways data has changed the work truck industry

Auto Remarketing

However, with the current erratic economy brought on by the vagaries of supply chain disruptions and the looming labor strikes, embracing the power of data can be the difference between success and struggle for dealerships. Utilizing data can considerably streamline the process of ordering custom work trucks.

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5 Ways Data Has Changed the Work Truck Industry

AutoSuccessOnline

Unlike outdated online platforms that mirrored print catalogs and failed to capture the nuances of work truck configurations, modern data-driven systems empower both dealers and customers with a more intuitive and tailored approach to vehicle selection. Utilizing data can considerably streamline the process of ordering custom work trucks.

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10 Reasons Why Data Analytics is Crucial for the Automotive Industry

Autosoft

Data reveals exactly who to target with your message, maximizing impact and ROI. From understanding customer preferences and optimizing inventory management to fine-tuning pricing strategies – data analytics has the potential to accelerate your dealerships’ growth trajectory. Who doesn’t love a good deal?

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10 Reasons Why Data Analytics is Crucial for the Automotive Industry

Autosoft

Data reveals exactly who to target with your message, maximizing impact and ROI. From understanding customer preferences and optimizing inventory management to fine-tuning pricing strategies – data analytics has the potential to accelerate your dealerships’ growth trajectory. Who doesn’t love a good deal?

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3 Dealership Tips for New Inventory Presales

Automotive Mastermind

While dealership inventories are beginning to normalize in 2023, customers have demonstrated they are willing to wait for a vehicle that specifically matches their wants and needs. 70% of US customers would be willing to select a dealership further away from their homes because the retailer allowed for more online purchase/comparison options.