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COMMENTARY: 9 places where dealers can find cost savings & margin preservation

Auto Remarketing

Inventory Management —Flooring plan management: A dealer’s flooring costs are one of the highest line-item costs on the P&L. This includes analyzing the competitive set — what nearby dealers have in stock — and aligning with the preferences of your local demographic.

ROI 98
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Implementing AI-Powered Sales Tools

Shawn Ryder

Personalizing Customer Interactions One of the most impactful ways AI can assist in sales is through personalization. AI-driven platforms can analyze customer data, including previous purchases, browsing history, and demographic information, to tailor communications and product recommendations.

Sales 52
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7 Lead Generation Strategies for Car Dealerships in 2024: Innovative and Effective Tactics

Turbo Marketing Solutions

For example, tools like customer relationship management (CRM) systems enable you to track prospects' progress through the sales funnel, thereby gaining a better understanding of their needs, preferences, and behavior. As such, it’s important to find the right technology stack for your dealership’s unique needs.

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7 Lead Generation Strategies for Car Dealerships in 2024: Innovative and Effective Tactics.

Turbo Marketing Solutions

For example, tools like customer relationship management (CRM) systems enable you to track prospects' progress through the sales funnel, thereby gaining a better understanding of their needs, preferences, and behavior. As such, it’s important to find the right technology stack for your dealership’s unique needs.