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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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How Is Automotive Inventory Management Expected to Look in Q2?

Automotive Mastermind

By analyzing their inventory turnover rate and comparing Q1 to the same period last year, dealers can proactively identify areas for improvement and make data-driven decisions to optimize their sales tactics. Dealers should review inventory levels to ensure they align with their sales goals for the upcoming quarter.

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Porsche still pulling new buyers with electric Taycan

CarExpert

The Porsche Taycan continues to bring first-time customers of the German brand into Australian showrooms, the company’s local arm says. “With the introduction of our new all-electric Macan, we anticipate attracting a diverse range of customers, both existing Porsche owners and those new to the brand.”

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