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Are You Worth Over $1 Million? You’re Infiniti’s Preferred Customer For The QX80

Carscoops

Infiniti told retailers that the target demographic for its new SUV flagship comprises individuals earning over $250,000 annually with a net worth of at least $1 million. ” Amid the slowdown in EV adoption, Infiniti is “adjusting” its strategy while maintaining a long-term commitment to electrification.

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EVs & millennials: More mature than you might think

Auto Remarketing

Note: The term “millennial” is not a synonym for “young.” Online used-car retailer Carvana said in its EV Trends Report for the second quarter, released Tuesday, that millennials accounted for 65% of its electric vehicle sales in Q2. Fact of the matter is, EVs are a “maturing” market, no longer considered “niche.”

Retail 52
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Why Personalization is Key to Effective Dealership Marketing 

Automotive Mastermind

In an industry with high customer acquisition costs, the ability to retain and nurture loyal customers through personalization can significantly impact a dealership’s long-term profitability. This starts with effective audience segmentation. This helps their messages reach the right audience at the right time. Request a demo.

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Harnessing Customer Engagement Strategies to Build Loyalty in Your Automotive Dealership

Shawn Ryder

In the competitive world of automotive retail, building customer loyalty is essential for long-term success. Action Steps: Segment your email list based on customer demographics and purchase history. As a car dealer, you may be aware that retaining existing customers is often more cost-effective than acquiring new ones.

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From Data to Deals: Using Sales Insights to Close Sales Faster

Automotive Mastermind

By considering a wide range of data points such as customer demographics, vehicle preferences, purchasing patterns, and in-market behavior, dealers can create a detailed profile of their ideal customers and identify high-potential prospects who are most likely to convert.

Sales 52
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Is Digital Marketing the Future of Business Success?

Shawn Ryder

In simple terms, it’s a way for businesses to reach their target audience through digital channels. – Targeted Advertising: Digital marketing allows businesses to target specific demographics, ensuring that their message reaches the right audience. Why is Digital Marketing Important?

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Used Car Dealer Marketing in 2024: Innovative Strategies for Digital Advertising and Social Media

Turbo Marketing Solutions

One of the significant advantages of advanced marketing platforms is that they help you target specific demographics more accurately. Prominent social media channels like Facebook and Instagram offer innovative ways to connect with users pertinent to certain demographics.