Turbo Marketing Solutions

JANUARY 8, 2024

One way to achieve this is through the use of interactive technology such as virtual reality showrooms. Virtual Reality (VR) technology allows car buyers to interact with cars as if they were there physically, thru VR headsets. morning call and voicemail (before 9 a.m.), personalized email, evening call - no voicemail (after 5 p.m.),

Marketing 98

Marketing Sales Dealerships Demographic 98

Shawn Ryder

OCTOBER 16, 2024

Understanding Digital Advertising Digital advertising refers to marketing efforts that use the internet and online-based technologies to promote products and services. A well-managed PPC campaign can yield an average ROI of 200% according to WordStream. Landing Pages: Direct users to a dedicated landing page optimized for conversions.

ROI 52

ROI Sales Demographic Dealerships 52

AutoSuccessOnline

JULY 9, 2024

Technologies that facilitate online transactions, such as digital marketplaces and advanced data analytics tools, are becoming indispensable for dealers seeking to effectively engage with private sellers.

Finance Rate 59

Finance Rate ROI Dealerships Consulting 59

Turbo Marketing Solutions

JANUARY 16, 2024

With rapid technological advancements over recent years, traditional methods of advertising have slowly faded into oblivion. This approach allows a dealership to eliminate campaigns' guesswork and waste, ultimately resulting in better-performing ad campaigns and improved ROI.

Marketing 97

Marketing Demographic Dealerships Customer 97

Turbo Marketing Solutions

JANUARY 5, 2024

From AI-driven sales funnels to hyper-personalized customer interactions, car dealerships are revving up their marketing engines to drive straight into a future defined by monumental technological advancements. Expect more integrations with social media platforms like YouTube, Instagram and Facebook, where buyers already research cars.

Dealerships 98

Dealerships Marketing Insurance Customer 98

Auto Alert

DECEMBER 26, 2024

Marketing Departments focus on digital engagement metrics, such as website traffic, ad click-through rates, and marketing ROI, to evaluate the effectiveness of campaigns in driving leads. Invest in Technology: Use an equity mining tool and dealership CRM tools to track and analyze performance metrics in real time.

Dealerships 57

Dealerships Amortization Finance Repairing 57

Shawn Ryder

JANUARY 10, 2024

From search engine ads to social media campaigns, the digital realm offers a plethora of opportunities for dealerships to showcase their inventory , promote special deals, and build lasting relationships with potential customers. It should be: Engaging: Capture attention quickly. Relevant: Address the interests and needs of your audience.

Management 52

Management Dealerships Automotive ROI 52

Turbo Marketing Solutions

SEPTEMBER 12, 2024

Staying ahead in the competitive world of automotive marketing requires more than just traditional strategies—it demands innovation powered by cutting-edge technology like Artificial Intelligence (AI). Business Growth with AI Innovative technologies like AI present a vast array of opportunities for businesses.

Automotive 96

Automotive Marketing Customer Dealerships 96

AutoSuccessOnline

OCTOBER 14, 2024

” Unlike traditional CRM and marketing solutions that rely on general data and manual management tools, the BDC Booster uses AI-powered technology and advanced analytics to identify leads with the highest conversion potential. We achieved an impressive 807% ROI on marginal tread repairs and rim damage repairs.”

Dealerships 52

Dealerships Repairing Rebate ROI 52

Automotive Mastermind

NOVEMBER 10, 2023

By proactively prioritizing their marketing efforts and identifying their best sales prospects, dealers can shorten the sales cycle and mitigate losses while improving their ROI. What’s less obvious are the additional profit opportunities associated with a three-car deal.

Marketing 52

Marketing ROI Dealerships Customer 52

Automotive Mastermind

NOVEMBER 15, 2024

With so many factors at play, it’s more critical than ever to have a unified strategy that leverages technology to streamline operations and unlock profitability. The flip side of that framework – Vision, Understanding, Clarity and Agility – is the formula the military adopted for dealing with today’s challenges.

Dealerships 52

Dealerships Retail ROI Customer 52

Autoleadstar

OCTOBER 25, 2023

Solution: Use identity resolution technology to ensure efficient targeting. Problem 5: You are not reallocating your budgets and it’s tanking your ROI. Deploy retargeting ads to remind them of your dealership and incentivize them to come back with relevant deals and offers. Your budget is not written in stone.

Dealerships 52

Dealerships Marketing ROI Customer 52

Shawn Ryder

SEPTEMBER 2, 2024

This can include tasks such as data entry, lead qualification, and follow-up communications, allowing your team to spend more time building relationships and closing deals. Assessing Your Dealership’s Readiness for AI To determine if your dealership is ready for AI, you need to evaluate your current processes, technology, and team.

Dealerships 52

Dealerships Sales ROI Customer 52

AutoSuccessOnline

JANUARY 31, 2024

auto market in 2024 , auto dealers face many new challenges: tighter margins, new technology, and a shift to a more electrified future. As the world’s largest automotive services and technology provider, Cox Automotive will showcase its ecosystem of leading solutions that help dealers achieve their goals.

Automotive 52

Automotive Logistics Women Retail 52

Autoleadstar

JULY 14, 2024

With the digital advertising technology unlocked by CDP data, you can retarget website visitors with tailored ads that align with their specific interactions on your site. The smarter the AI technology, the smarter the ad budget spending. With identity resolution technology, their profiles might even go back a decade.

Dealerships 52

Dealerships Automotive ROI APR 52

Auto Remarketing

DECEMBER 19, 2023

Shaun “Niff” Kniffin, Marketing and Technology Director for the Germain Motor Company, has attended over 15 NADA conferences. She recommends that dealers and GMs attend NADA because technology partners always launch new products and solutions there. We are able to act as a conduit to share technology and ideas” with their customers.

ROI 52

ROI Networking Retail Dealerships 52

Turbo Marketing Solutions

JULY 23, 2024

Now let's move onto evaluating the crucial aspect of investment vs. return on investment (ROI) to understand the real impact of these strategies in your dealership's profitability. The ROI in this context measures the profitability of acquired leads in relation to the costs associated with obtaining them.

Automotive 52

Automotive ROI Dealerships Customer 52

Turbo Marketing Solutions

JULY 23, 2024

Now let's move onto evaluating the crucial aspect of investment vs. return on investment (ROI) to understand the real impact of these strategies in your dealership's profitability. The ROI in this context measures the profitability of acquired leads in relation to the costs associated with obtaining them.

Automotive 52

Automotive ROI Dealerships Customer 52

Automotive Mastermind

DECEMBER 29, 2023

The right marketing program drives buyers to your store, and the right technology solutions help your sales team close deals. As we approach 2024, you might be looking to either build on your growth or rework your strategy for the upcoming year.

ROI 52

ROI Dealerships Customer Buyer 52

Automotive Mastermind

FEBRUARY 24, 2023

That said, many take deals off during busier months, chalking up a sale to a sale and moving on, rather than attempting to maximize every aspect of the deal, from the trade to the F&I box. Then, when it comes to slower months, poor habits have been formed, and deals continue to slip through the cracks.

Dealerships 52

Dealerships Sales ROI Marketing 52

Shawn Ryder

OCTOBER 13, 2024

According to a report by Statista , the average ROI of email marketing is an impressive 4200%. Consider these approaches: Educational Content: Share tips for car maintenance or updates about vehicle technology. Promotional Offers: Feature current deals on vehicles or services available at your dealership.

Customer 52

Customer Dealerships Marketing ROI 52

Dealers Edge

JULY 26, 2024

The organization pays to have team members in place and operating effectively to help build and maintain a suitable Return on Investment (ROI). Payroll is a huge expense item and the one category where wasted investment and effort can remain somewhat hidden.

Management 59

Management Consulting Dealerships Repairing 59

Shawn Ryder

JUNE 30, 2024

Key Analytics Terms and Metrics Terms such as sessions, bounce rate, conversions, and ROI are fundamental to grasp when entering into marketing analytics. ROI, Return on Investment, calculates the revenue generated compared to the cost of your marketing efforts.

Marketing 52

Marketing ROI Customer Term 52

Auto Alert

SEPTEMBER 11, 2024

A successful CRM will set into motion a set of proven processes that equip staff to present the right customers with the right personalized deal at the right moment. This allows for more targeted marketing campaigns and reduces the marketing spend to attract new buyers to the dealership – leading to an overall higher ROI.

Dealerships 57

Dealerships Customer Term ROI 57

Dealer Inspire

FEBRUARY 21, 2023

Today I’m happy to let you know that our Instant Financing technology is now available within Online Shopper , our end-to-end retailing solution. We built this technology to use your lenders, your rates, and your markups to provide customers with accurately priced, ready-to-close deals. That’s right.

Finance 52

Finance Automotive Retail Extended Warranty 52

Auto Remarketing

NOVEMBER 2, 2023

New technology holds radical possibilities for the automotive industry at every level of the sales funnel. AI for merchandising is not the only way this innovative new technology is shifting the auto remarketing industry, however. The post COMMENTARY: AI and auto — perfecting pricing strategies appeared first on Auto Remarketing.

Dealerships 52

Dealerships Finance Retail ROI 52

Turbo Marketing Solutions

JULY 31, 2024

Navigating vast amounts of customer data to find clear ROI often feels like searching for a needle in a haystack. Through this article, we’ll dive deep into these innovative tools and technologies and explore how they can revolutionize your approach to sales funnel analysis. This is where AI steps in.

Automotive 52

Automotive Sales Dealerships Customer 52

Automotive Mastermind

MAY 25, 2023

Management should review a few offer sheets, emails and phone calls each week, ensuring deals are up-to-date and well-communicated to every department. Use Automation and Predictive Marketing Software If you’re working leads without marketing automation or predictive marketing technology, you may be working harder and not smarter.

Dealerships 52

Dealerships Sales Marketing ROI 52

Autoleadstar

SEPTEMBER 8, 2024

Data activation is the process of transforming raw dealership customer data into actionable insights and strategies that boost ROI. Benefits of AI-Powered Data Activation AI-powered data activation isn’t just about new-age technology – it’s about tangible results that can help drive dealership success.

Dealerships 52

Dealerships Customer ROI Term 52

Turbo Marketing Solutions

DECEMBER 17, 2024

Moreover, statistics show email marketing offers an impressive ROI of $42 for every dollar spent, making it one of the most cost-effective strategies compared to traditional media channels like TV or radio. Consider tools like GoCustomer, which harness AI technology to quickly create highly personalized messages.

Dealerships 52

Dealerships Marketing Sales Customer 52

AutoSuccessOnline

FEBRUARY 20, 2024

This limitation is especially evident when dealing with records that include customer interactions and behaviors, which are crucial for integrating with a marketing system. It offers dealerships the opportunity to significantly improve their marketing ROI, customer engagement and overall business performance in a competitive market.

Customer 40

Customer Dealerships ROI Management 40

Autosoft

MARCH 20, 2024

Data reveals exactly who to target with your message, maximizing impact and ROI. Moreover, dealerships are now investing in analytics talent and technology. Who doesn’t love a good deal? According to a recent study, dealerships that use data analytics see an average increase in their sales. Want to know more?

Automotive 52

Automotive Supply Chain Dealerships Manufacturing 52

Autoleadstar

JUNE 19, 2024

Whether you use a Customer Data Platform or another marketing insight technology, use the shopper insights it provides you and adjust your marketing to reflect the market demand and interest. This data-driven approach ensures efficient marketing budget allocation, focusing efforts on strategies that deliver the greatest ROI.

Sales 40

Sales Dealerships ROI Customer 40

AutoRaptor

APRIL 19, 2024

By leveraging the power of technology, auto dealer software provides a range of features and benefits that streamline business operations , enhance sales processes, and ultimately lead to higher profits and lower expenses. Sales Processes: Streamlining the sales processes, from lead generation to closing the deal.

Dealerships 52

Dealerships Management Customer Demographic 52

Autosoft

APRIL 11, 2024

Data reveals exactly who to target with your message, maximizing impact and ROI. Moreover, dealerships are now investing in analytics talent and technology. Who doesn’t love a good deal? According to a recent study, dealerships that use data analytics see an average increase in their sales.

Automotive 52

Automotive Dealerships Supply Chain Manufacturing 52

Automotive Mastermind

DECEMBER 19, 2022

As a result, the importance of investment in marketing technology and customer relationship management (CRM) programs is growing and, in many ways, is now a more critical and strategic decision than media investment and placements. Want to learn how Mastermind can empower your dealership to close more deals by staying a step ahead?

Retail 52

Retail Dealerships Customer Buyer 52

Autoleadstar

JANUARY 22, 2024

This mean a lot of people have a lot of very good questions about the technology and what it can and cannot do. Fullpath offers a wide variety of technology solutions for dealerships of all sizes. How do you measure the ROI of implementing a CDP for a dealership? Click here to learn more.

Dealerships 52

Dealerships Customer Management ROI 52