Automotive Mastermind

FEBRUARY 17, 2023

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. Your messaging needs to demonstrate why they should continue trusting your dealership with their business.

Customer 52

Customer Dealerships Supply Chain ROI 52

Auto Alert

MAY 30, 2024

The Top 10 Skills of a Successful Automotive Sales Manager Leadership can make or break a dealership. Here are 10 skills that successful Automotive Sales managers have in common. What is an Automotive Sales Manager? They inspire and motivate their team to achieve sales goals and maintain high-performance standards.

Management 62

Management Automotive Sales Sales Goals 62

Shawn Ryder

MAY 6, 2024

Sales strategies play a critical role in driving success at any dealership. In the competitive world of automotive sales, it is crucial to stay ahead of the game and constantly adapt to the evolving market demands. A proactive approach to after-sale support can set your dealership apart from the competition.

Dealerships 52

Dealerships Sales Finance Rate Demographic 52

Shawn Ryder

JANUARY 14, 2024

Introduction The automotive industry is highly competitive, and car dealerships face unique challenges in order to stay relevant and thrive in today’s market. In order to succeed, car dealerships must have a solid understanding of the essential roles and strategies needed for business growth. Strategies for Success: 1.

Finance 52

Finance Sales Goals Dealerships Management 52

Automotive Mastermind

JUNE 2, 2022

Summer car sales are always important for auto dealerships’ annual results. Over the years, dealers have traditionally relied on summer car sales events to meet their sales goals. This is a great time to discuss summer service specials – as well as pre-orders and reserved sales.

Dealerships 52

Dealerships Sales Customer Sales Goals 52

Dealer World

JULY 29, 2024

The survey, gathered from Kerrigan Advisors’ annual survey of automotive OEM executives in conjunction with the issuance of The Blue Sky Report®, is designed to gauge OEM executives’ perspectives on the franchise system, dealer profitability and electric vehicle sales.

Retail 79

Retail Sales Dealerships Sales Goals 79

Dealer World

NOVEMBER 13, 2023

Picture this: it’s the end of the quarter, and your dealership is so close to hitting your targets, and you can almost taste the victory champagne. You’ve been burning the midnight oil, the team’s been cranking out calls—but you’re still a hair’s breadth away from the goal line. Let’s talk brass tacks.

Dealerships 52

Dealerships Sales Quota Customer 52

Shawn Ryder

FEBRUARY 17, 2024

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 guide provides strategic insights into optimizing your car dealership’s advertising budget.

ROI 52

ROI Sales Goals Demographic Dealerships 52

AutoSuccessOnline

JULY 31, 2024

The survey, gathered from Kerrigan Advisors’ annual survey of automotive OEM executives in conjunction with the issuance of The Blue Sky Report , is designed to gauge OEM executives’ perspectives on the franchise system, dealer profitability and electric vehicle sales.

Sales 52

Sales Retail Sales Goals Dealerships 52

Dealers Edge

JUNE 15, 2024

However, as operations became more complicated, compensation did not keep pace with the auto group structure of newer dealership organizations. However the new manager may not have the knowledge base to effectively understand the ‘business within a business” that impacts dealership net profits.

Quota 81

Quota Management Dealerships Retail 81

Carscoops

APRIL 4, 2024

The Detroit company has initiated what the industry terms as “stair-step incentives” to stimulate sales. Furthermore, the payout per vehicle increases if the dealership surpasses 120 percent of its sales goal.

Dealer Incentives 94

Dealer Incentives Dealer incentives Sales Sales Goals 94

Dealers Edge

MAY 15, 2024

However, as operations became more complicated, compensation did not keep pace with the auto group structure of newer dealership organizations. However the new manager may not have the knowledge base to effectively understand the ‘business within a business” that impacts dealership net profits.

Quota 59

Quota Management Dealerships Sales Goals 59

Shawn Ryder

JANUARY 23, 2024

This is especially true for automotive dealerships looking to reach out to a wider audience and drive success in different US markets. By implementing SEO techniques tailored specifically for the automotive industry, dealerships in Tulsa, the “Oil Capital,” can take their business to new heights.

Sales 52

Sales Dealerships Sales Goals Automotive 52

AutoRaptor

APRIL 4, 2024

Delays in responding to customer inquiries, missed appointments, and disorganized sales processes can tarnish your brand image and erode trust with both existing and potential clients. In today’s fast-paced business environment, maintaining a reputation for reliability and professionalism is essential for long-term success.

Sales 52

Sales Sales Goals Management Term 52

Shawn Ryder

JANUARY 13, 2024

Introduction Running a successful car dealership requires a well-rounded team of professionals to handle various aspects of the business. Each role is crucial in maximizing sales, customer satisfaction, and overall profitability.

Finance 52

Finance Management Dealerships Repairing 52

Dealer World

JUNE 18, 2024

Your business development center is the lifeblood of your dealership. Between channeling leads to your sales teams, setting appointments with customers, and staying ahead of customer needs, there isn’t a corner of your business it doesn’t impact. WHAT SHOULD MY BDC BE DOING?

Dealerships 83

Dealerships Customer Development Sales Goals 83

AutoRaptor

APRIL 23, 2024

The Importance of Customer Engagement in Car Sales Customer engagement goes far beyond the initial sale. Engaged customers are more likely to become repeat buyers and refer others to your dealership. This personalized approach not only enhances customer satisfaction but also fosters long-term loyalty.

Sales Goals 52

Sales Goals Quota Dealerships Customer 52

Dealer World

MAY 9, 2024

As showroom traffic slowly drops and customer habits change, your sales team’s phone skills are becoming more important than ever for maximizing revenue and hitting monthly sales goals. If you’re not leveraging mystery shopping at your dealerships, here are seven reasons why it’s time to change your strategy.

Finance 81

Finance Customer Dealerships Sales Goals 81

Turbo Marketing Solutions

JUNE 28, 2024

Here's a twist: not only do these programs boost sales, but they also play a large role in building long-term relationships with consumers, encouraging stickiness with loyal customers who continually return and refer others. Now, let's delve into how this trust can quicken sales.

Customer 52

Customer Automotive Sales Dealerships 52

Dealer World

MAY 16, 2024

Without them, your business would close tonight, but it’s not enough to simply keep them grinding toward monthly sales goals by dangling the same old carrots. That means your overall sales team motivation will be greater compared to a single umbrella model. Your people are the heartbeat of your company’s success.

Quota 81

Quota Sales Sales Goals Dealerships 81

Turbo Marketing Solutions

JULY 26, 2024

Generating a consistent volume of high-quality leads in the automotive industry is no small feat—it's a strategic juggling act that can make or break your sales goals. Managing lead volume in the automotive industry requires careful assessment of dealership capacity, sales team readiness, and effective lead nurturing strategies.

Automotive 52

Automotive Dealerships Customer Management 52

Automotive Digital Marketing

AUGUST 8, 2024

The modern car dealership is inextricably tied to digital marketing , no longer relying solely on physical locations and traditional advertising. As consumers increasingly turn to the Internet to research, compare, and purchase vehicles, a robust digital strategy has become an indispensable part of a dealership’s success.

Dealerships 52

Dealerships Customer Management Marketing 52

CarExpert

OCTOBER 11, 2024

Despite the growth, BYD dealerships reportedly withdrew from multiple Chinese cities in 2010. BYD Dolphin With those figures, BYD has overtaken Mercedes-Benz, Audi, and Honda in sales so far this year. In terms of other Chinese brands, BYD has double the sales of Chery, but half the sales of GWM.

Manufacturing 105

Manufacturing Sales Development Technology 105