Insurance and ROI - Auto Dealership Digest

Balancing Budgets, Boosting Profits: Why Expense Control Matters for Dealership Success

Full Path

DECEMBER 20, 2024

Consider switching to a more effective tool that align with current business needs and deliver a higher ROI. F&I Managers: Keep It Lean Finance and Insurance (F&I) managers should focus on operational efficiencies that enhance profitability without increasing costs. Action Plan: Review lead-generation services regularly.

Dealerships

Dealerships Finance Insurance ROI

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

Auto Remarketing

OCTOBER 2, 2024

In fact, more inventory being carried on the books longer has two cost elements, one being the cost of interest, insurance, and flooring fees, and the second being the effect, namely higher depreciation. Especially during a time when inventories increase, this is a cost item that warrants close attention.

Retail

Retail Principal ROI Electronics

The Future of Car Dealership Digital Marketing in 2024

Turbo Marketing Solutions

JANUARY 5, 2024

Thus, moving forward, it's possible to see car dealerships offering after-sales services such as financing, insurance, customisation and maintenance services. Campaigns that offer personalized driving experiences may well generate ROI higher than those that stick to traditional mass-market tactics.

Dealerships

Dealerships Marketing Insurance Technology

Targeted Leads in the Automotive Industry: Effective Marketing Strategies

Turbo Marketing Solutions

JULY 30, 2024

For instance, if you're an auto repair shop, collaborating with an insurance company to co-host a workshop on car maintenance and safety can help both parties reach new clients. These resources not only provide valuable insights but also serve as gateways for capturing contact details of interested individuals.

Automotive

Automotive Marketing Insurance Management

WarrCloud Raises $20 Million in Series B Funding

AutoSuccessOnline

OCTOBER 23, 2024

“Jim’s extensive experience in the automotive industry has equipped him with a deep understanding of opportunities to increase dealers’ profitability, significantly boost ROI and simultaneously strengthen customer loyalty.

Insurance

Insurance Manufacturing ROI Technology

The Don’ts and Dos of Outsourcing OEM Warranty Administration

AutoSuccessOnline

JANUARY 18, 2024

Outsourcing your warranty administration is not audit insurance. Focus on your true ROI, a full-service solution will deliver a positive ROI in just the labor it offsets alone. The best warranty administration companies protect you and their current customers by not overpromising.

ROI

ROI Repairing Management Insurance

Hunter’s Ultimate ADAS Gains Approval from Nissan, Infiniti

AutoSuccessOnline

JANUARY 22, 2024

Of particular importance for both customer satisfaction and insurance purposes, Ultimate ADAS provides thorough and easily decipherable documentation of the exact procedures performed and exact target placement. Many common and time-consuming manual adjustments are now automated, such as height, roll, pitch and yaw.

Insurance

Insurance ROI Dealerships Technology

5 Benefits of Proactively Marketing Aging Inventory

Automotive Mastermind

NOVEMBER 10, 2023

Beyond just avoiding floor planning fees, dealerships can significantly reduce the costs associated with storage, insurance and depreciation by moving vehicles quickly off the lot. In today’s competitive market, forward-thinking dealerships know that aging inventory isn’t just wasted space – it’s untapped potential.

Marketing

Marketing ROI Insurance Dealerships

Strategies for Effective Dealership Marketing on a Limited Budget

Shawn Ryder

SEPTEMBER 28, 2024

Cross-Promotion with Nearby Services Form partnerships with neighboring businesses such as auto repair shops, insurance agencies, or even local gyms. By defining these metrics upfront, you can track the performance of your campaigns and determine which strategies yield the best return on investment (ROI).

Dealerships

Dealerships Banking Marketing ROI

CerebrumX Industry Survey Highlights Where Cost Reductions Are Being Realized for Fleets Leveraging Connected Vehicle Data

Dealer World

DECEMBER 14, 2023

say they are not receiving optimal ROI from their TSP. In terms of leveraging connected vehicle data to reduce costs, the majority of respondents (37.5%) said they are seeing a reduction in insurance costs by 5% - 10%, and more than a third are seeing a reduction in maintenance costs also by 5% - 10%. The survey found that 61.5%

Supply Chain

Supply Chain Insurance Networking ROI

5 Strategies To Generate Used Car Sales Leads In 2024 and Beyond

Turbo Marketing Solutions

JANUARY 9, 2024

Keep a close eye on the campaign's performance by using relevant tools and metrics, which makes it easier to comprehend the ROI for each marketing dollar spent. For instance, car dealerships could partner with insurance firms or mechanics, creating a mutually beneficial relationship where both parties refer business leads.

Sales

Sales Networking Dealerships Customer

Your Step-by-Step Guide to Selecting and Integrating AI Solutions into Existing Dealership Systems

Autoleadstar

OCTOBER 26, 2023

This ensures your advertising efforts meet the right customers at the right place at the right time – every time, so you get the highest possible Return on Investment (ROI) for your marketing dollars. Track key performance indicators (KPIs) related to your objectives, such as customer satisfaction, inventory turnover, or marketing ROI.

Dealerships

Dealerships ROI Technology Customer

15 Best Lead Generation Strategies for Car Dealers

Autosoft

JANUARY 10, 2024

This fuels marketing efficiency, cuts costs, and turbocharges ROI. Cross-promotion: Collaborate with complementary businesses like finance companies, insurance agencies, and auto repair shops to cross-promote each other’s services and reach new audiences.

Dealerships

Dealerships Demographic Customer Sales

Auto Dealership Digest

Balancing Budgets, Boosting Profits: Why Expense Control Matters for Dealership Success

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

Trending Sources

The Future of Car Dealership Digital Marketing in 2024

Targeted Leads in the Automotive Industry: Effective Marketing Strategies

WarrCloud Raises $20 Million in Series B Funding

The Don’ts and Dos of Outsourcing OEM Warranty Administration

Hunter’s Ultimate ADAS Gains Approval from Nissan, Infiniti

5 Benefits of Proactively Marketing Aging Inventory

Strategies for Effective Dealership Marketing on a Limited Budget

CerebrumX Industry Survey Highlights Where Cost Reductions Are Being Realized for Fleets Leveraging Connected Vehicle Data

5 Strategies To Generate Used Car Sales Leads In 2024 and Beyond

Your Step-by-Step Guide to Selecting and Integrating AI Solutions into Existing Dealership Systems

15 Best Lead Generation Strategies for Car Dealers

Stay Connected