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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. It’s important to invest in sales training that gives staff the skills to effectively upsell and cross-sell additional products to help bolster margins.

ROI 98
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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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Understanding Cost Control for Low-Volume Franchise Dealerships 

Autosoft

Perhaps the biggest challenge is finding a dealer management system that doesn’t break the bank but still gets the job done. The real problem is that developers build most dealer management systems for large operations. As a smaller player, you watch every dollar while still delivering phenomenal service.

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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.