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2011
JUNE
TURNING YOUR                                                                                                                            indy
RELATIONSHIPS                                                                                                                             cle
INTO REVENUE.                                                                                                                              atl
                                                                                                                                         bos
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                                                                                                                                        d.c.
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Hundreds of dealers have discovered the value of equity lead and reputation                                                              chi
management by attending, the 2011 Nationwide Seminar Series TURNING YOUR
RELATIONSHIPS INTO REVENUE. If you were unable to join us, there's still                                                                 det
opportunity to learn what so many others already have.
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You can still find out how to leverage your relationships and the data from                                                             dfw
customers you already own to drive significant revenue, right from your own desk!
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Discover the untapped potential.

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FREE on-site consultation.
888-502-8954

 Autobase has provided auto dealers with the premier Automotive CRM since 1988. As the most experienced CRM provider in the industry,
     Autobase delivers marketing and sales solutions that help nearly 80,000 auto dealers and their dealership staff tofind, market, sell,
                               and retain more customers, more profitably, every day. www.autobase.net
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OUR MISSION: To be the industry’s best at leading dealerships to achieve maximum performance through marketing, training, consulting and motivation.
THE #1 SALES-IMPROVEMENT MAGAZINE FOR THE AUTOMOTIVE PROFESSIONAL
                                                                                                       AutoSuccess Magazine is published monthly at 3834 Taylorsville Rd., Building A, Ste. 1B Louisville, KY 40220; 502.588.3155, fax 502.588.3170. Direct all subscription and customer service inquiries to 877.818.6620 or info@autosuccessonline.com. Subscription rate is $69
                                                                                                       per year. AutoSuccess welcomes unsolicited editorials and graphics (not responsible for their return). All submitted editorials and graphics are subject to editing for grammar, content and page length. AutoSuccess provides its contributing writers latitude in expressing advice
                                                                                                       and solutions; views expressed are not necessarily those of AutoSuccess and by no means reflect any guarantees. AutoSuccess accepts no liability in respect of the content of any third party material appearing in this magazine or in respect of the content of any other
                                                                                                       magazine to which this magazine may be linked from time to time. Always confer with legal counsel before implementing changes in procedures.© All contents copyrighted by AutoSuccess Magazine, a Division of Systems Marketing, Inc. All rights reserved. Reproduction in
                                                                                                       whole or part is prohibited without express written consent from AutoSuccess. AutoSuccess may occasionally make readers’ names available to other companies whose products and/or services may be of interest; readers may request that names be removed by calling
                                                                                                       877.818.6620. Printed in the USA. Postmaster: Send address changes to AutoSuccess Magazine, 3834 Taylorsville Rd., Building A, Ste. 1B Louisville, KY 40220.
  2300 Hurstbourne Village Dr, Suite 1200 Louisville Kentucky 40299 | 877.818.6620 / 502.588.3170 | AutoSuccessOnline.com / AutoSuccessPodcast.com | info@autosuccessonline.com
  Susan Givens, Publisher                                  Thomas Williams, VP & Creative Director                                            Dave Davis, Editor & Creative Strategist                                                                                                                                                  Brian Ankney, Account Manager                                                                                                                                                                                                                                              Susie Horne, Account Manager
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             John Warner, Sales-Improvement Strategist
  sgivens1@autosuccessonline.com                           design@autosuccessonline.com                                                       ddavis@autosuccessonline.com                                                                                                                                                              super6@autosuccessonline.com                                                                                                                                                                                                                                               shorne@autosuccessonline.com
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             jwarner@autosuccessonline.com
feature solution




                                                                                                                                                     leadership solution




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        marketing solution
                                                                                                                                                                                                                                         sales & training solution
                                                                                                                                                                                                                                                                 what woulD happeN iF you prioritizeD your aDvertiSiNg




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   h.i.c.c.u.p your way paSt competitorS oN Facebook
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            you’re builDiNg eQuity with Social aND reputatioN
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         veNDor proFile: viNSolutioNS aND autotraDer:
                                                                                                                                                                                                                                                                                                                                                                                                                                                                      the ‘how-to’s’ iN proSpectiNg – aND the reSultS
                                                                                                                                                                                                                                                                 DollarS oN leaDS that are eaSieSt to cloSe?




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             harNeSSiNg the power oF perSoNality
                                                                                                                                                                                                                                                                                                                         SaleS SucceSS iN 10 SecoNDS or leSS
                                                                                                                                                                                                                                                                                                                                                          how to Quickly overcome objections and move Forward
                                                                                                                                                                           iS your DealerShip aSymptomatic?




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 invest in mobile and be ready for your Shoppers
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       are you in the Fast lane or being passed by?
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   the making of a Digital marketing Juggernaut




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      mobile ShoppiNg iS a reality
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  aNother braNDiNg leSSoN


                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            maNagemeNt...areN’t you?
                                                                                                                                                                                                                                                                                                                                                                                                                Stop whiNiNg about price

                                                                                                                                                                                                                                                                                                                                                                                                                                           the pSychology oF a t.o.




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   the Next Direction in Digital marketing
                                                                                                                                                                                                              the truth about crms...




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   mobility iN marketiNg
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                the power iS Simple:
                                                                                                                                                                                                                                                                                                                                                          using the Softening Strategy




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             For your braND




                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              .
                   by DalePollak




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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          chadPolk


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SusanGivens           marketing solution



                    veNDor proFile:
                    viNSolutioNS aND autotraDer:
                    the making of a Digital marketing Juggernaut
Publisher’s note: Although we don’t often           with too many tools that didn’t talk to each      2001 and BZResults, which ADP bought in
cover automotive sales news, in favor of            other, so we built one tool that could replace    2006) and his experience and advice has been
providing sales-improvement help to our             the rest” said Dullea. Dullea worked with         invaluable,” said Dullea.
readers, we believed there are enough               Matt Watson, one of VinSolutions’ founders
professionals in the industry affected by these     and CTO, to build an “all-in-one” sales and       “Mike and Matt built an extraordinary team
events that it warranted coverage.                  service marketing system that is DMS agnostic.    with talented guys like Kendall Billman
                                                    “If you can think it, Matt and his team can       and Sean Stapleton, the best salesperson in
AutoTrader continued to surprise the                build it,” Dullea said. “His team releases        the industry,” said Wolfington. “Dullea is a
industry when they announced they were              enhancements every other Tuesday based on         relentless leader who has built a fantastic team
acquiring VinSolutions, an automotive digital       requests they receive directly from the users.”   and Watson built an extraordinary technology
marketing company that serves manufacturers         As a result, VinSolutions users help them build   platform.”
and retailers. “We are thrilled to acquire          a platform that includes search marketing;
VinSolutions and add it to our best-in-             online advertising; social media marketing        VinSolutions digital marketing system has
class portfolio of dealer software solutions        tools; Websites; Internet lead management;        been widely recognized in the industry.
companies,” said Chip Perry, president and          CRM (customer relationship management);           Recently they won the DrivingSales award for
CEO of AutoTrader.com. “VinSolutions will           sales force automation; sales management          their Website, Internet lead management tool
further ramp up our dealer solutions product        and desking; appraisal; finance; used vehicle     and their new VinLens product, a customer
suite to provide dealers with a simpler, more       market pricing; inventory management and          information application that lets dealers see
functional one-stop-shop solution of Internet       distribution; handheld inventory marketing        who is on their site and what they are looking
marketing software tools accessible by the          tools; window stickers; automated video           at so they can deliver custom messages and
dealer through a single sign-on tool.”              tours and targeted marketing with e-mail,         promotions based on what’s important to the
                                                    text, mail and telemarketing services. Their      customer. VinLens also lets the dealer see
VinSolutions software tools will be offered on      “Dealership Marketing System” is one of the       where the customer has been before visiting
a flexible a-la-carte basis with no long-term       first companies to include complete mobile        the Website so they can track their advertising
contracts, and dealers’ will have the flexibility   integration so dealers can access reports         better. VinSolutions also took the top prize at
to work with their other software vendors,          from any mobile phone that has access to the      the Automotive Website Awards for building
since AutoTrader promotes open platforms and        Internet, including Blackberry, Android and       the most complete digital marketing system in
integration across its software solutions and       iPhone. Currently VinSolutions is certified by    the industry.
other dealer software tools.                        all major OEMs and integrates with most DMS
                                                    companies, including certified integrations       Consistent with AutoTrader.com’s approach to
VinSolutions.com evolved from a start-              with ADP, Reynolds and Reynolds, AutoSoft         their previous acquisitions, VinSolutions will
up inventory management company to the              and Arkona. VinSolutions also has alliances       be a subsidiary of AutoTrader.com, and the
33rd fastest growing software company in            and integrations with CARFAX, Autodata,           current management team will remain intact,
the United States according to the Inc 500.         RouteOne and DealerTrack, as well as vAuto        led by Mike Dullea (CEO) and Matt Watson
VinSolutions took off after the company             and Kelley Blue Book, both of which are also      (CTO) from their headquarters in Overland
released their all-in-one dealership marketing      owned by AutoTrader.”                             Park, Kansas. “Our team is very excited to join
system a few years ago.                                                                               forces with AutoTrader.com because we are
                                                    To launch the new all-in-one dealership           both passionate about helping dealers use the
VinSolutions was founded by entrepreneurs           marketing system, Dullea recruited the help       Internet and innovative technology to grow
who had a vision of building one solution           of a few industry veterans who had a proven       their business,” Dullea said. “Together we will
that tied together all the technology a dealer      track record of helping other companies grow.     strive to constantly improve how we serve our
needs to market their dealership online. Led by     Dullea recruited Sean Stapleton as their chief    dealers and how we help them attract, serve
CEO Mike Dullea, the company experienced            sales officer and Kendall Billman to lead their   and retain their customers.”
growth of more than 100 percent a year over         Web marketing initiatives. Stapleton was the
the last few years after releasing their new        EVP of sales at Who’s Calling where he helped     Both AutoTrader and VinSolutions are pioneers
solution. “I was spending too much money            create a new category of call monitoring and      in the industry, so it will be interesting to see
with 15 different companies that did not            measurement, and Billman helped develop           how they can leverage all the synergies to
integrate,” said Todd Crossley from Gary            Web platforms for both Third Coast Media          serve their dealers better. One thing is for sure:
Crossley Ford, the No. 1 Ford retailer in the       (acquired by Reynolds and Reynolds) and           Neither company has a reputation of standing
Kansas City Market. “Now I have one system          AutoONE Media.                                    still for long so it will be interesting to see
that does everything, from managing my                                                                how this new partnership helps dealers and the
Internet marketing to desking to service, in one    Dullea also recruited Sean Wolfington to join     industry move forward.
tool that is easy for my team to use. We are        VinSolution as a mentor and advisor. “We
spending less for one system that does more         brought Wolfington on board because he led
than the 15 it replaced.”                           two of the biggest digital marketing companies    Susan Givens is the publisher of AutoSuccess.
                                                    in the industry, (CyberCar and Automark,          She can be contacted at 877.818.6620, or by
“Dealers were complaining about working             which Reynolds and Reynolds bought in             e-mail at sgivens1@autosuccessonline.com.


08          autosuccessonline.com
TroySpring          marketing solution



                    aNother braNDiNg
                    leSSoN
Last month we talked about de-branding             messages and stereotypical advertising does
a store by the actions we take and by the          not always provide direct results. For example,
advertising we do when it is inconsistent with     say you launch a branding campaign with the
the culture — or the desired culture — of          message “Hey public, we are in business 75
the dealership. This month, let’s talk about       years and we love you!” You can’t expect to
“branding” versus “direct impact” advertising.     sell a car on Saturday as a direct result of this
Let me state up front as a disclaimer that I am    message.
in the direct mail business and may be a little
bit biased; however, the chicken came before       So, if you can find a way to advertise with
                                                                                                         “So, if you can find a way to advertise
the egg on this one. I firmly believe what I am    a direct results message that you believe
about to preach — and I practice it.               is consistent with the personality of your
                                                                                                              with a direct results message that
                                                   dealership, you will see the long-term branding           you believe is consistent with the
Many times, we have to make the decision           results, as well as immediate results. A perfect      personality of your dealership, you
inside the monthly advertising budget between      example of this is a dealership with a small        will see the long-term branding results,
a direct results (or “promo”) type of campaign,    “branding” message buy on the radio. You may                    as well as immediate results.”
or to launch a branding message campaign.          as well just keep the money because there is
When it comes to this decision, remember that      a dealership with a large “direct results” buy      for their trade than any of your competitors.
when using direct results advertising, it does     completely dominating and dwarfing your             The dealers who are advertising this way will
still in fact brand you by getting your name       branding message. You must tell the customer        be the ones who are remembered and, after all,
out in front of the public. It will brand you as   something that they care about. They really         isn’t that part of what branding is?
an aggressive dealership seeking the business      do not care how long you have been around           Troy Spring is the president of Dealer World.
and ready to make deals. However, it does          (as long as it is more than a year). What they      He can be contacted at 866.906.7884, or by
not work in the opposite direction. Branding       care about is that you plan to give them more       e-mail at tspring@autosuccessonline.com.




10          autosuccessonline.com
On October 15, 2010, I sold vAuto to AutoTrader Corporation. Few               addition, we now know the price point at which they are most popular. With
experiences could be more gratifying than starting a business in your          this information, the dealer’s used car buy lists will begin automatically
home with an idea and seven short years later, have it acquired by an          populating with those winners that meet their stocking objectives.
industry leading media giant. To be sure, the sale of vAuto was the
realization of a dream, but not the fulfillment of a mission. I needed to      Along with each vehicle on the buy list will be a dollar amount that
ensure that the sale was not just good for me, but also our employees,         the dealer can justify paying for the vehicle. This amount will be
dealers and AutoTrader. Therefore, how everyone would win was a                automatically calculated by subtracting from the optimal selling price, the
question that needed a clear answer.                                           dealers profit objective, average reconditioning costs and transportation.

Fulfilling the mission                                                         Next, the system will automatically search the vast network of Manheim
For many years, I recognized an opportunity in the fact that Cox               auctions to determine the location at which such vehicles will be sold in
Enterprises owned both AutoTrader.com and Manheim auctions, the                the coming days. Once these auctions are identified, they’ll be ranked
preeminent retail and wholesale automotive marketplaces. In spite of their     by the likelihood of being able to purchase the vehicle at or below the
common ownership, these two giants were run independently, and largely         target amount. This ranking will be determined based on the prices of the
without strategic connection. To me, this appeared to be the greatest of all   most recent identical vehicles sold at each location. Once the matches
opportunities for everyone.                                                    are found, a dealership representative will be notified with a request
                                                                               for approval. The dealership representative can specify the minimal
Recognizing an opportunity and acting upon it, however, are two different      acceptable condition grade and, with a single click, a proxy bid will be
things. The recognition of the opportunity was the justification for the       submitted on their behalf. When the target vehicle is acquired, it will be
sale, what is ultimately to be unveiled will be its fulfillment. Therefore,    immediately transported and instantly posted on the Internet with a price,
mapping a strategy was one of the first priorities to fulfill the promise      photos and a complete description.
to the industry. To do so required a thoughtful analysis of both today’s
and tomorrow’s industry challenges. What follows is an overview of             a New competitive edge
and insights to my thoughts about the future of the business, dealers and      Traditionally, dealers have made profits by using strategies and tactics
technology solutions.                                                          to maximize transactional gross profits of new and used vehicles. Today,
a New Day                                                                      however, it is both the wholesale and retail markets that largely determine
As the domestic auto manufacturers return to profitability and                 the transaction profit, rather than the persuasion of talented sales people.
employment rebounds, the optimism of the American automobile dealer            Progressive dealers who have recognized this new reality have found
returns. Evidence of renewed confidence can be seen in growing numbers         success in improved profitability with focus on velocity, rather than large
of dealership renovations, inventory expansion and dealer’s lifestyle          gross margins. Although it has been extraordinarily difficult for dealers to
enhancements. To many, the current outlook appears to be a long-               adopt this new strategy, it has proven to be effective.
anticipated rebound from the trough of an unusually harsh but all-too-
familiar industry cycle. The American car dealer has seen it all before and    Dealers who joined the competitive price bandwagon early enjoyed
has once again persevered and emerged triumphant.                              success at the expense of their traditional higher-priced counterparts. Now
                                                                               that more dealers are pricing aggressively, the challenge is to find the
With a broader perspective however, there are many new realities and           next competitive edge. The good news is that there are new advantages
unfamiliar challenges awaiting dealers. One such new reality is a margin-      to be found; however, they may not be easy for many dealers to adopt.
compressed used car market. With shortages of used cars and historically       One such opportunity for competitive advantage is to modify the
high wholesale prices, dealers have found the sourcing of used vehicles at     organizational structure and business process of the dealership to create
reasonable prices to be a complex task.                                        higher efficiency and greater profitability. This is presently being achieved
                                                                               at many dealerships by transitioning to little- or no-negotiation sales.
a New way                                                                      These dealerships are able to employ fewer managers as well as lower-
As a result of the AutoTrader acquisition, vAuto will soon introduce a new     priced and easier-to-find sales consultants. Some of these dealerships
game-changing solution for the sourcing, stocking and merchandising            have even eliminated the expense of dedicated F&I personnel, as they’ve
of used vehicles. The new solution begins with the recognition that            split this responsibility between sales consultants and the few remaining
AutoTrader.com is a giant voting machine. Millions of cars on this site are    supervising managers. The results are a lower cost of sales, faster
voted on every day by car shoppers using their mouse. With the ability to      transaction time and improved customer and employee satisfaction.
tabulate the votes on a weekly basis in each market, the winners can now
be declared — those cars that are most sought after by used car shoppers. In   Key to the transition to little- or no-negotiation sales is an understanding
that documentation must replace negotiation. Systems like vAuto’s              in favor of corporate consolidated enterprises. Many of these enterprises
RealDeal provide salespeople and consumers the ability to arrive               will continue to be controlled by families, but operated in accordance
at consensus by documenting the prices of all identically equipped             with standards of corporate governance and efficient markets.
competing vehicles in the market. In such cases, the dealer’s vehicle
does not need to be the lowest price, but rather the dealership only needs     conclusion
to credibly demonstrate why lower-priced vehicles are not of the same          While there continues to be great opportunity in the American automobile
value. The differences are automatically identified by mileage, equipment,     industry, today’s dealers and solution providers must recognize that the
condition, number of previous owners, accident history and the selling         emergence from the most recent sales cycle slump comes with a host of
dealer’s service and warranties. The result of using RealDeal is that          new realities and challenges. The mission of AutoTrader, vAuto and its
both salespeople and shoppers derive satisfaction while the dealership         growing collection of subsidiaries is to anticipate and meet the needs of
maintains the gross profit that it anticipated when the vehicle was priced.    dealers in both the present and future. The mantra within the AutoTrader,
In fact, most dealerships today using the RealDeal system are negotiating      vAuto and other subsidiary companies is to place the dealer’s interests
less than $200 per vehicle from their original asking price.                   first and create value for the company by anticipating and fulfilling
                                                                               dealer’s needs.
Another opportunity for competitive advantage is a restructuring of
the dealership facility. Today, vehicle shopping occurs more in the            Since the AutoTrader acquisition six months ago, I’ve been inspired by
virtual than physical realm. Large, expensive, high-profile facilities         the aggressiveness, intelligence and competency of the management
are luxuries that most dealerships can no longer afford. Dealerships           team. I’m also impressed by the genuine dedication of the field team to
of the future should be located in desirable and accessible commercial         serve the interests of dealers and transform their roles into ones of trusted
areas, but not at the proverbial corner of Main and Grand. These new           advisors. While there is still much work to be done, I am part of a team
dealerships should be positioned on one-and-a-half acre plots and be built     that is positioned to be an industry leader of marketing, merchandising
vertically. The ground floor should be a modern corporate-compliant            and sales solutions. With strategic vision, professional management and
showroom with an open-air parking structure above. Such structures             financial strength, I am confident that our mission will be fulfilled. As
are low cost, relatively maintenance free and, with proper lighting, can       said by Charles Darwin, “the future belongs not to the strongest, nor the
accommodate customer parking as well as new and used car display.              smartest, but the ones most ready to adapt.”
Similarly, it is not economically efficient to perform mechanical repairs
on the most expensive real estate in the community. Service and parts          Dale Pollak is the founder of vAuto and a best-selling author.
need to be located off-site in lower-cost commercial or industrial parks.      He can be contacted at 866.274.1226, or by e-mail
These locations need only be accessible, safe and clean. Perhaps like-         at dpollak@autosuccessonline.com.
minded dealerships will ultimately create service center parks as their
predecessors did decades earlier with their sales facilities.
Because it’s difficult for dealers to extricate themselves from present land
and buildings, this transition will require cooperation and partnership
among the dealer, their OEM and municipality; all three are key
stakeholders in the dealership’s continued viability.

the New breed of buyers
Another new reality facing dealers and one that also supports the physical
restructuring of the dealership is the fact that Gen Y buyers prefer less
human interaction in the car-buying process. With shrinking margins
and technological advances, progressive dealers are beginning to invest
in systems to facilitate true e-commerce automotive sales transactions.
Today, buyers can already research vehicles online, find them in dealer’s
inventory, get a price, dispose of the trade in and arrange financing
without ever visiting a dealership. Meeting the sales-process desires of the
Gen Y buyers while reducing selling costs through the use of technology
is, therefore, inevitable.

the New breed of Dealers
Scale and centralization of operations will also become a priority
for profitability in the years to come. The fact is that one CFO, one
operations manager and one used car director can and should perform
management oversight across multiple locations. Shrinking margins
and higher costs make it increasingly difficult to support profitability
with a self-contained operation under one roof. Such advantages will
become available to organizations that scale locally and/or regionally
as opposed to those with a national footprint but without geographic
concentration.
Further, single log-on technology systems will be used to facilitate
mission-critical functions across the enterprise. It will no longer be
cost effective or operationally efficient to support separate systems
at multiple locations. CRM, desking, new and used vehicle
inventory management and similar systems must be standardized
across all locations. Future dealerships will be more like sales
outlets rather than self-contained dealership operations.

The landscape of family-owned single dealerships will dissipate
ScottJoseph          sales & training solution

                    what woulD happeN iF you
                    prioritizeD your aDvertiSiNg
                    DollarS oN leaDS that are
                    eaSieSt to cloSe?
There are a lot of options when choosing how        Are you better off investing into third-party      sure these types of leads are handled correctly?
to invest your advertising budget. Normally,        leads that are distributed to dealers all over
you may think of dividing your budget               town, or investing in pull-ahead programs          Perhaps the most amazing benefit to this type
across channels such as TV, Internet, radio,        right out of your own customer database? If        of innovation is what can be done through
newspaper, direct mail, e-mail, social media,       your goal is to sell more vehicles, what is the    the Service Department. Imagine these same
etc. Why not look at it a different way? Why        easiest way to get there? Are you going to have    calculations being run every business day with
not put the priority on attracting leads that you   a higher closing percentage with a third-party     your dealership’s new service appointments,
have the highest probability to close? In other     lead or a previous customer who can actually       thereby matching your appointment customers
words, what if you divided your advertising         upgrade his or her vehicle for no money down       to vehicles currently in your inventory.
budget based on referrals, previous customers       and actually lower his or her payment?
and conquest (new) business? If you prioritized                                                        Today, the tools to sell a vehicle have never
your ad spend based on the closing percentages      With today’s innovations, dealers have more        been more innovative. Are you prioritizing
of these segments, how would your advertising       tools at their disposal than ever before. Like     your advertising dollars in systems and
budget look different?                              anything, you’re only going to get what you        processes that create the type of lead you have
                                                    put into a program. With used cars in demand,      a better chance of actually closing?
There are multiple channels to target each of       how important is it for you to acquire more
these segments. With referrals and previous         trade-ins from your previous customers?            How would I prioritize a budget? I would
customers you can use e-mail, direct mail,                                                             prioritize these segments in this order (of
the telephone, social media and texting, and        Imagine marrying your dealership’s customer        course only you can choose which programs
you can combine these with micro-sites. With        database and vehicle inventory with current        and channels work best per segment for your
conquest or new business, you have options          manufacturer incentives and the specific profit    store and personnel):
such as third-party leads, TV, radio, newspaper,    level you would like to achieve. Then complex      1. Referrals (you must have a good referral
Internet, direct mail and e-mail (assuming your     algorithms generate a list, pairing customers         program and process)
prospects have opted in). So, out of all these      with the vehicles in inventory that they are       2. Previous customer offers (both sales and
opportunities, which will give you the greatest     eligible to trade into for lower payments. Using      service)
return on your investment?                          the Black Book value of the customer’s current     3. Conquest
                                                    vehicle and his or her current payment and
Last month, I wrote an article on setting up a      financing information, the customer is matched     I look forward to hearing your thoughts.
referral process. Without question, referrals       with a new or upgraded vehicle with no cash
will give you the greatest return, but you can’t    down and often a lower monthly payment. Is
survive on referrals alone. So, based on your       this lead easier to close compared to a third-     Scott Joseph is the president of J&L
advertising budget, where do you invest most        party lead? How much do you invest in a            Marketing, Inc. He can be contacted at
of your money, and is it prioritized based on       program like this compared to third-party leads?   888.835.1689, or by e-mail at
what gives you the greatest return?                 How much do you work with your staff to make       sjoseph@autosuccessonline.com.




14          autosuccessonline.com
More Visibility.
                                                           More Clicks.
                                                              More Sales.



Increase your visibility with effective Pay-Per-Click
campaigns by optimizing your exposure to online
car shoppers. Our Search and Analytics team
takes a personalized approach to developing your
campaigns producing more clicks and traffic to
your website…all designed to bring you more sales.



to learn more, Call today at

877-834-2030
You can also scan the QR code below, or visit us
directly at www.dealerskins.com/auto-success




Connect with us:
MarkSpringer             marketing solution


                    you’re builDiNg eQuity with
                    Social aND reputatioN
                    maNagemeNt...areN’t you?
Trying to find time to get the important things     to your business and look for creative ways to       technology and Website vendors are building
done along with selling cars and making a           tie your audience to your brand and showroom         applications designed to help dealers effectively
living is hard enough. For today’s dealership       floor, such as having your used car manager          and proactively manage social and online
personnel, adding social and reputation             tweet about a hot trade in you just appraised.       reputation. You can, however, manage this via
management to the daily work plan seems                                                                  free apps on your smart phone, or with free
ludicrous. Who has time for that?                   The result is more business now. More                browser plug-ins or for free in the back end
                                                    importantly, it cultivates more followers, fans      of these social sites. Most important, these
This article is for those who are trying to find    and engagement, equaling more social activity.       applications may not answer the big questions
answers to those big questions surrounding                                                               asked earlier in this article.
social and reputation management: “How can          reputation management
being proactive with social and reputation          There are a number of techniques for managing        Our advice to dealers reading this and looking
management actually result in a better bottom       your dealership’s reputation online. Examples        to answer those questions is to seek out an
line? ” and “If I invest the time, effort and       include monitoring popular forums or blogs           application that does indeed allow you to
resources to manage my online reputation and        related to your brand or dealership name,            more effectively and proactively manage both
social assets, how can I actually build tangible    subscribing to RSS feeds that funnel up-to-the-      social and online reputation, but one that also
equity in my business?”                             minute information via e-mail or a Web browser       is architected in a way that delivers equity
                                                    and tracking your brand or dealership’s “buzz”       that you can actually see and results that are
There are a few obvious intangibles. Being          online with technology such as Google Alerts.        tangible. Find a SRMS (social and reputation
courteous and responsive is good. Being positive                                                         management system) that harnesses your efforts
and talking up your brand and your dealership is    By far, the method of reputation management          and hard work, and delivers that content directly
smart. But aren’t these things we do naturally as   that is given the most credence, and the one we      to search results in the form of indexed pages in
salespeople when the opportunity arises? I am       will pay close attention to, are online reviews.     a slew of geo- and brand-search markets.
not talking about these obvious intangibles. I am   As you know, Google has changed the way our
referring to tangibles that result in more sales,   potential clients enter our digital dealerships by   Imagine you are a Lexington, Kentucky Ford
higher profits and repeat customers. I want to      providing an additional layer of consideration       dealer. A local consumer searches for a Ford
offer a few tips on how to turn your social and     for the consumer prior to the click through.         F-150 near Lexington, Kentucky, and Google’s
reputation management into tangible equity for      With a tug on the subconscious of the consumer,      first page is saturated with positive reviews
your dealership.                                    Google now displays those little yellow stars        or Facebook posts left by your dealership’s
                                                    as a snap shot of your reputation right next to      loyal customers — and you have 237 reviews
While reading this, remember a couple               the link to your Website in search results. Most     averaging 4.7 of those little yellow stars at the
important things:                                   dealers are now scrambling to address this new       same time. Wouldn’t that be great?
• Everything you do online should be centered       reality with internal procedures to solicit new
  around SEO.                                       and consistent positive reviews from the happy       bottom line
• With SEO, original content is king.               customers hoping to offset and strengthen            If your social and reputation management
                                                    their mediocre averages brought down by the          investment does not yield tangible equity, it may
Social management                                   previously buried reviews from upset customers.      be time to adjust some priorities. Get engaged,
If you do not already have them, get your                                                                be proactive and make certain you are not
dealership clean, professional Twitter and          If you are not taking this action, do it now.        over-paying for SRMS applications that deliver
Facebook business pages created. Promote them       Compiling positive reviews at every turn. Offer      zero equity for their investment. In today’s car
aggressively. Run promotions to increase your       discounts and promotions in exchange for             business, it’s all about finding efficient, revenue-
fans and followers every chance you get. Do         reviews for your dealership. Do it with urgency.     positive ways to increase the bottom line.
this first and do it right away (Sounds obvious
right? Stay with me here because we are setting     Seo                                                  If I can help you by answering questions or
the table for the tangible equity part).            The importance of all of this is the content,        providing additional information on how to
                                                    which you can leverage for high-powered SEO.         turn your dealership’s social and reputation
Here is the hard part with social: You actually     If a consumer writes a 200- to 500-word review       management efforts into tangible equity, please
have to be social.                                  or post about your dealership, the brand you         contact me with the information below.
                                                    sell or the specific model they purchased, good      Mark Springer is the president and COO
Download some apps on your smartphone. Set          or bad, isn’t that 200 to 500 words of keyword-      of BluSolutions Dealer Websites &
some alerts. Get engaged socially. And yes,         dense content served up on a platter for you?        Automotive SEO. He can be contacted
answer every question, reply to every comment,                                                           at 866.835.0921, or by e-mail at
and get involved in every conversation relevant     Here’s the tangible equity part: Some automotive     mspringer@autosuccessonline.com.




16          autosuccessonline.com
SkipMurphy     marketing solution



                                    the power iS Simple:
                                    the Next Direction in Digital marketing



          One thing most used vehicle and Internet            through the online vehicle merchandising and         Internet managers the ability to update vehicle
          managers don’t want or need in their lives          sales processes.                                     inventory descriptions and prices any time of
          is complication. The industry has equipped                                                               the day or night — across most of the online
          dealers with all kinds of technologies designed     Not only is all this effort time consuming for       sites in which you list inventory — so they can
          to make these managers’ lives easier, but has       already-busy Internet managers and staff,            be sure to have the freshest, most appealing
          that been the true outcome?                         but the effort often results in less-than-ideal      online inventory possible.
                                                              online vehicle presentations prone to listing
          For example, the industry has given them tools      and pricing confusion, out-of-date listings and      killer apps to Sell more cars
          of all kinds to help them merchandise vehicles      prices and other errors.                             Seamless integration of your key digital
          online and respond to Internet leads originating                                                         marketing components — your Website, CRM
          from those online showrooms. As useful as           If you want to sell more cars on-line, your          and online inventory management software —
          these technologies can be, they can require         online listings must be compelling, current and      means comprehensive digital marketing results
          more staff effort than should be necessary.         consistently merchandised across all online          from one source.
                                                              sites in which you list inventory, especially
          In fact, dealing with various systems for listing   the dealership Website — potentially the             In addition, other exciting online marketing
          and managing online inventory, comparing            dealership’s most powerful inventory sales tool.     apps will make it a cinch for dealers to
          online prices with competitors’ and driving                                                              build powerful and affordable online selling
          shoppers to the dealership Website inventory        Furthermore, all this activity must be as            juggernauts. Some of these exciting apps
          pages — the most “ready to buy” end of the          automated and hands-off as possible so staff         include those that deliver:
          sales funnel — can be frustrating.                  can concentrate on closing leads — not on
                                                              merchandising inventory.                             Improved lead processing: Leads from
          It can be frustrating because orchestrating all                                                          third-party sites, craigslist and the dealership
          these disconnected processes requires work. Most online buyers visit a dealership Website                Website will now flow directly into the CRM,
                                                      when they’re close to making a final vehicle
          It requires staff to log into each system and                                                            so leads don’t drop through the cracks and
                                                      and dealership decision. Nothing will send
          then flip from one screen to the other to move                                                           so you then convert more of your digital
                                                                                 them scurrying                    marketing investment into vehicle sales.
                                                                                 off your Website
                                                                                 faster than Website               Improved vehicle listings: Solutions that help
                                                                                 inventory that’s                  you create and manage the most compelling
             Introducing – Your Buyers.                                          presented, described              and comprehensive vehicle inventory listings
                                                                                 and/or priced                     and descriptions on the Internet.
                                                                                 differently from
                IMN Spotlight™ reports enable you to create                      the other listing                 Improved vehicle merchandising: Enriched
                lists of your most engaged subscribers                           sites where your                  online content to attract more eyeballs and sell
                and target those ready to buy                                    dealership also lists             your listings. These tools include human voice-
                from your dealership.                                            inventory.                        over video, ad writer and custom comment
                Ready to sell?                                                                                     generators, YouTube and craigslist easy listing
                                                                                          a Digital leap           tools and direct-to-auction (OpenLane and
                                                                                          Forward                  Smart Auction) tools.
                                                                                          Apps are currently
                                                                                          being developed in       Improved dynamic content: New tools will
                                                                                          the marketplace,         upload “live” walk-around videos to YouTube
                                                                                          however, that will       and to the dealership’s inventory pages, as well
                                                                                          soon make possible       as to sites like AutoTrader, Cars.com and many
                                                                                          multiple, real-time      other sites.
                                                                                          daily data extraction,
                                                                                          compilation              Improved social media tools: Jumpstart and
                                                                                          and distribution         ensure ongoing involvement in your Facebook
                                                                                          from your dealer         and Twitter efforts.
               Drive customers in for sales, for life.                                    management system
                                                                                          to your dealership’s     These are exciting times in auto retail digital
                   Visit www.loyaltydriver.com                                            Website inventory,       marketing. The “power of simple” — integrated
                                                                                          key online car-          CRM, Web and inventory management — is
                                                                                          shopping sites and       simplifying how easy it is to use and benefit
                           Innovative Enewsletter Solutions
                                                                                          the resulting leads      from modern online inventory sales and
                          loyaltydriver.com | 1-800-818-4071                              right into your          management tools, while improving how dealers
                                                                                          CRM.                     capture, merchandise and sell vehicles online.

                                                                                          This new integration Skip Murphy is sales director with Trinity Suite.
                                                                                          technology will      He can be contacted at 866.295.9491, or by
                                                                                          give used car and    e-mail at smurphy@autosuccessonline.com.


          18             autosuccessonline.com
spotlight-ad-4.375x5-FINAL.indd 1                                          2/25/2011 9:13:45 AM
WASTING
                                        MONEY ON
                                        CONVENTIONAL
                                        ADVERTISING
  Newspaper, Radio & TV
 are a WASTE of Your TIME & MONEY

  We can Help You Sell More Cars

 CHEAPER!
We Specialize in:
• SOCIAL MEDIA • SEARCH ENGINE OPTIMIZATION • REPUTATION MANAGEMENT
• VIDEO SEARCH • VIDEO PRODUCTION • WEBSITE DESIGN
• GRAPHIC DESIGN • FOCUS & MICROSITES • P R E S S R E L E A S E S
      • AND ALL OTHER FORMS OF DIGITAL MARKETING

       Sean V Bradley
       Founder / CEO
                        CALL US      888.379.6374
TracyMyers          marketing solution


                    harNeSSiNg the
                    power oF perSoNality
                    For your braND
Last month, I shared with you that the fastest,     advice. So, you’ve got to let them in.                old, but I actually started to live my dream
best and easiest way of creating a successful,                                                            pretty quickly. When I was eight, my brother
highly profitable business or career in the         And yes, that does mean you need to show              and I got a couple of the neighborhood kids
automotive industry was to position yourself as     them your quirks and idiosyncrasies.                  together to put on a play in my backyard. We
a celebrity expert.                                                                                       practiced every day for two weeks after school.
                                                    Now, there may be things you don’t want to
Over the next few issues, I’m going to share        get into — such as politics and religion — but        I made posters by hand advertising the
the key steps and strategies you need to follow     you should be aware that the more polarizing          play — remember, this was before PCs, and
in order to build a powerful celebrity expert       you are, the more magnetic you will become to         there was no Kinko’s. We made copies using
brand. If you follow these steps, you’ll stand      those who are like you.                               carbon paper and put them in the neighbors’
out way ahead of your competition.                                                                        mailboxes.
                                                    polarizing for Success
However, in this section, I want to share one       The more you let people know who you really           We didn’t charge admission, but I did pass
secret that will take you to a completely new       are, the more they’ll either see themselves in        the plate. We may not have had an audience
level. That secret is the power of your own         you or they’ll see they’re not like you.              of thousands, but I did manage to get $55 in
personality.                                                                                              donations —that’s not too bad when you’re
                                                    So, it’s also true that the more polarizing you       only eight.
Overcoming the dull, corporate approach             are, the more you’ll push some people away. But
every day in my work, I meet people who have        the benefit of that is that the people who identify   I gave my two friends and my brother $5 each,
amazing personalities. Then I go and check out      with you will be even more attracted to you.          which left me a hefty profit of $40.
their blogs, their articles, videos and books —
any of the ways they represent themselves in        You can probably think of personalities right         So, I was lucky enough to learn three very
their business world. I often discover that they    now — whether in business or in entertainment         important lessons early on in life:
are totally flat and stale — they have a dull,      — that you cannot stand. You just can’t figure        • I loved being on a stage in front of people.
corporate feeling.                                  out how they have such a big following. Well,           I loved the applause, the accolades and the
                                                    it’s because of this rule. There are people who         celebrity! (The money wasn’t bad either!)
I have to tell you that if you truly want to be     feel like them, and the more polarizing they
the celebrity expert in your market, you have       are, the more they’re drawn to them.                  • Marketing something — in fact, anything —
to do the exact opposite. This dull, corporate                                                              came naturally to me.
approach is not what your clients and prospects     I’m going to show you exactly how to position
want. They want to know who you really are.         yourself so that the right potential customers        • If you were creative and didn’t mind a little
The fact is that we connect best with people we     are attracted to you. But let me start by sharing       hard work, you didn’t have to spend a lot of
can relate to; who are like us in some way —        a little about me and how I started my journey.         money marketing to get great results.
whether it’s the way they think, their lifestyle,
their age, their background...whatever.             my celebrity expert                                   I’ve learned lots of valuable lessons that I’m
                                                    branding Story - part 1                               going to share with you over the next few
So, if you want to build your celebrity expert      My story dates back more than 82 years — and          issues, plus, next month, I’ll teach you the
brand, your expertise has to align with your        no, I’m not that old! That’s when my great-           secrets of matching your expertise to your
personality and who you’re trying to connect        grandfather opened the first Frank Myers store.       perfect market.
with. This may seem scary at first, but you         And, to most people, it seemed obvious that I
have to let people in on who you truly are.         would follow in the family footsteps.

You’ve probably heard it said that success is       However, I had other plans. I wanted no part
10 percent what you know and 90 percent the         of the car business. I wanted to be in the
rest. I’m not sure if these numbers are correct,    entertainment industry. From the age of five or       Tracy Myers, C.M.D. is a noted small
                                                                                                          business marketing and branding solutions
but I am sure the message is spot-on. In short,     six, I only wanted to be a rock star, radio DJ,       specialist, best-selling author, speaker, car
people have to know you before they’ll listen       or an actor.                                          dealership owner and entrepreneur. He can
to you. If they don’t know who you are, then                                                              be contacted at 866.860.0029, or by e-mail at
they don’t know if they should take your            I guess that’s not too unusual for a five-year-       tmyers@autosuccessonline.com.




20          autosuccessonline.com
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AutoSuccess .june11

  • 2.
  • 3.
  • 4. TURNING YOUR indy RELATIONSHIPS cle INTO REVENUE. atl bos nyc d.c. min Hundreds of dealers have discovered the value of equity lead and reputation chi management by attending, the 2011 Nationwide Seminar Series TURNING YOUR RELATIONSHIPS INTO REVENUE. If you were unable to join us, there's still det opportunity to learn what so many others already have. tam You can still find out how to leverage your relationships and the data from dfw customers you already own to drive significant revenue, right from your own desk! la Discover the untapped potential. Call today to set up your FREE on-site consultation. 888-502-8954 Autobase has provided auto dealers with the premier Automotive CRM since 1988. As the most experienced CRM provider in the industry, Autobase delivers marketing and sales solutions that help nearly 80,000 auto dealers and their dealership staff tofind, market, sell, and retain more customers, more profitably, every day. www.autobase.net
  • 5. How about a brand new, hi-tech, impossibly easy to sell product that sets your store apart from the competition? How about a new high margin profit center for your F&I department? How about a product that prevents lost sales by notifying you of low battery levels? How about all this AND being able to locate every car in inventory, at any time, from anywhere? Introducing VehSmart™, distributed by G&A Marketing. What is VehSmart™? It’s the newest and most advanced in-vehicle communication system. It combines the power of GPS/Satellite with cellular technology, so your customers can connect with emergency services, roadside assistance, or get live help 24/7. VehSmart™ has more advanced safety & security features than the most popular “on-demand” service. And it can be installed quickly and easily on any vehicle - new or used.* Plus, VehSmart™ gives you the ability to locate every vehicle in your inventory, accessible anytime, from anywhere. VehSmart is a registered trademark of VehSmart Services, Inc. For free information, details and exclusive pricing, send an E-mail to info@gamarketing.com. Put “Smart” in the subject line. No purchase necessary, no obligation. *VehSmart™ can be installed on any vehicle manufactured 1996 or after (866) 460-0539 www.gamarketing.com OUR MISSION: To be the industry’s best at leading dealerships to achieve maximum performance through marketing, training, consulting and motivation.
  • 6. THE #1 SALES-IMPROVEMENT MAGAZINE FOR THE AUTOMOTIVE PROFESSIONAL AutoSuccess Magazine is published monthly at 3834 Taylorsville Rd., Building A, Ste. 1B Louisville, KY 40220; 502.588.3155, fax 502.588.3170. Direct all subscription and customer service inquiries to 877.818.6620 or info@autosuccessonline.com. Subscription rate is $69 per year. AutoSuccess welcomes unsolicited editorials and graphics (not responsible for their return). All submitted editorials and graphics are subject to editing for grammar, content and page length. AutoSuccess provides its contributing writers latitude in expressing advice and solutions; views expressed are not necessarily those of AutoSuccess and by no means reflect any guarantees. AutoSuccess accepts no liability in respect of the content of any third party material appearing in this magazine or in respect of the content of any other magazine to which this magazine may be linked from time to time. Always confer with legal counsel before implementing changes in procedures.© All contents copyrighted by AutoSuccess Magazine, a Division of Systems Marketing, Inc. All rights reserved. Reproduction in whole or part is prohibited without express written consent from AutoSuccess. AutoSuccess may occasionally make readers’ names available to other companies whose products and/or services may be of interest; readers may request that names be removed by calling 877.818.6620. Printed in the USA. Postmaster: Send address changes to AutoSuccess Magazine, 3834 Taylorsville Rd., Building A, Ste. 1B Louisville, KY 40220. 2300 Hurstbourne Village Dr, Suite 1200 Louisville Kentucky 40299 | 877.818.6620 / 502.588.3170 | AutoSuccessOnline.com / AutoSuccessPodcast.com | info@autosuccessonline.com Susan Givens, Publisher Thomas Williams, VP & Creative Director Dave Davis, Editor & Creative Strategist Brian Ankney, Account Manager Susie Horne, Account Manager John Warner, Sales-Improvement Strategist sgivens1@autosuccessonline.com design@autosuccessonline.com ddavis@autosuccessonline.com super6@autosuccessonline.com shorne@autosuccessonline.com jwarner@autosuccessonline.com feature solution leadership solution marketing solution sales & training solution what woulD happeN iF you prioritizeD your aDvertiSiNg h.i.c.c.u.p your way paSt competitorS oN Facebook you’re builDiNg eQuity with Social aND reputatioN veNDor proFile: viNSolutioNS aND autotraDer: the ‘how-to’s’ iN proSpectiNg – aND the reSultS DollarS oN leaDS that are eaSieSt to cloSe? harNeSSiNg the power oF perSoNality SaleS SucceSS iN 10 SecoNDS or leSS how to Quickly overcome objections and move Forward iS your DealerShip aSymptomatic? invest in mobile and be ready for your Shoppers are you in the Fast lane or being passed by? the making of a Digital marketing Juggernaut mobile ShoppiNg iS a reality aNother braNDiNg leSSoN maNagemeNt...areN’t you? Stop whiNiNg about price the pSychology oF a t.o. the Next Direction in Digital marketing the truth about crms... mobility iN marketiNg the power iS Simple: using the Softening Strategy For your braND . by DalePollak 32 30 26 10 28 16 38 20 14 22 08 18 34 24 36 markTewart ScottJoseph marshBuice SusanGivens SkipMurphy glennPasch mattBaker troySpring chadPolk genaeGirard Seanv.Bradley FranTaylor tracyMyers peterBond markSpringer 12 8 6 22 1 2
  • 7.
  • 8. SusanGivens marketing solution veNDor proFile: viNSolutioNS aND autotraDer: the making of a Digital marketing Juggernaut Publisher’s note: Although we don’t often with too many tools that didn’t talk to each 2001 and BZResults, which ADP bought in cover automotive sales news, in favor of other, so we built one tool that could replace 2006) and his experience and advice has been providing sales-improvement help to our the rest” said Dullea. Dullea worked with invaluable,” said Dullea. readers, we believed there are enough Matt Watson, one of VinSolutions’ founders professionals in the industry affected by these and CTO, to build an “all-in-one” sales and “Mike and Matt built an extraordinary team events that it warranted coverage. service marketing system that is DMS agnostic. with talented guys like Kendall Billman “If you can think it, Matt and his team can and Sean Stapleton, the best salesperson in AutoTrader continued to surprise the build it,” Dullea said. “His team releases the industry,” said Wolfington. “Dullea is a industry when they announced they were enhancements every other Tuesday based on relentless leader who has built a fantastic team acquiring VinSolutions, an automotive digital requests they receive directly from the users.” and Watson built an extraordinary technology marketing company that serves manufacturers As a result, VinSolutions users help them build platform.” and retailers. “We are thrilled to acquire a platform that includes search marketing; VinSolutions and add it to our best-in- online advertising; social media marketing VinSolutions digital marketing system has class portfolio of dealer software solutions tools; Websites; Internet lead management; been widely recognized in the industry. companies,” said Chip Perry, president and CRM (customer relationship management); Recently they won the DrivingSales award for CEO of AutoTrader.com. “VinSolutions will sales force automation; sales management their Website, Internet lead management tool further ramp up our dealer solutions product and desking; appraisal; finance; used vehicle and their new VinLens product, a customer suite to provide dealers with a simpler, more market pricing; inventory management and information application that lets dealers see functional one-stop-shop solution of Internet distribution; handheld inventory marketing who is on their site and what they are looking marketing software tools accessible by the tools; window stickers; automated video at so they can deliver custom messages and dealer through a single sign-on tool.” tours and targeted marketing with e-mail, promotions based on what’s important to the text, mail and telemarketing services. Their customer. VinLens also lets the dealer see VinSolutions software tools will be offered on “Dealership Marketing System” is one of the where the customer has been before visiting a flexible a-la-carte basis with no long-term first companies to include complete mobile the Website so they can track their advertising contracts, and dealers’ will have the flexibility integration so dealers can access reports better. VinSolutions also took the top prize at to work with their other software vendors, from any mobile phone that has access to the the Automotive Website Awards for building since AutoTrader promotes open platforms and Internet, including Blackberry, Android and the most complete digital marketing system in integration across its software solutions and iPhone. Currently VinSolutions is certified by the industry. other dealer software tools. all major OEMs and integrates with most DMS companies, including certified integrations Consistent with AutoTrader.com’s approach to VinSolutions.com evolved from a start- with ADP, Reynolds and Reynolds, AutoSoft their previous acquisitions, VinSolutions will up inventory management company to the and Arkona. VinSolutions also has alliances be a subsidiary of AutoTrader.com, and the 33rd fastest growing software company in and integrations with CARFAX, Autodata, current management team will remain intact, the United States according to the Inc 500. RouteOne and DealerTrack, as well as vAuto led by Mike Dullea (CEO) and Matt Watson VinSolutions took off after the company and Kelley Blue Book, both of which are also (CTO) from their headquarters in Overland released their all-in-one dealership marketing owned by AutoTrader.” Park, Kansas. “Our team is very excited to join system a few years ago. forces with AutoTrader.com because we are To launch the new all-in-one dealership both passionate about helping dealers use the VinSolutions was founded by entrepreneurs marketing system, Dullea recruited the help Internet and innovative technology to grow who had a vision of building one solution of a few industry veterans who had a proven their business,” Dullea said. “Together we will that tied together all the technology a dealer track record of helping other companies grow. strive to constantly improve how we serve our needs to market their dealership online. Led by Dullea recruited Sean Stapleton as their chief dealers and how we help them attract, serve CEO Mike Dullea, the company experienced sales officer and Kendall Billman to lead their and retain their customers.” growth of more than 100 percent a year over Web marketing initiatives. Stapleton was the the last few years after releasing their new EVP of sales at Who’s Calling where he helped Both AutoTrader and VinSolutions are pioneers solution. “I was spending too much money create a new category of call monitoring and in the industry, so it will be interesting to see with 15 different companies that did not measurement, and Billman helped develop how they can leverage all the synergies to integrate,” said Todd Crossley from Gary Web platforms for both Third Coast Media serve their dealers better. One thing is for sure: Crossley Ford, the No. 1 Ford retailer in the (acquired by Reynolds and Reynolds) and Neither company has a reputation of standing Kansas City Market. “Now I have one system AutoONE Media. still for long so it will be interesting to see that does everything, from managing my how this new partnership helps dealers and the Internet marketing to desking to service, in one Dullea also recruited Sean Wolfington to join industry move forward. tool that is easy for my team to use. We are VinSolution as a mentor and advisor. “We spending less for one system that does more brought Wolfington on board because he led than the 15 it replaced.” two of the biggest digital marketing companies Susan Givens is the publisher of AutoSuccess. in the industry, (CyberCar and Automark, She can be contacted at 877.818.6620, or by “Dealers were complaining about working which Reynolds and Reynolds bought in e-mail at sgivens1@autosuccessonline.com. 08 autosuccessonline.com
  • 9.
  • 10. TroySpring marketing solution aNother braNDiNg leSSoN Last month we talked about de-branding messages and stereotypical advertising does a store by the actions we take and by the not always provide direct results. For example, advertising we do when it is inconsistent with say you launch a branding campaign with the the culture — or the desired culture — of message “Hey public, we are in business 75 the dealership. This month, let’s talk about years and we love you!” You can’t expect to “branding” versus “direct impact” advertising. sell a car on Saturday as a direct result of this Let me state up front as a disclaimer that I am message. in the direct mail business and may be a little bit biased; however, the chicken came before So, if you can find a way to advertise with “So, if you can find a way to advertise the egg on this one. I firmly believe what I am a direct results message that you believe about to preach — and I practice it. is consistent with the personality of your with a direct results message that dealership, you will see the long-term branding you believe is consistent with the Many times, we have to make the decision results, as well as immediate results. A perfect personality of your dealership, you inside the monthly advertising budget between example of this is a dealership with a small will see the long-term branding results, a direct results (or “promo”) type of campaign, “branding” message buy on the radio. You may as well as immediate results.” or to launch a branding message campaign. as well just keep the money because there is When it comes to this decision, remember that a dealership with a large “direct results” buy for their trade than any of your competitors. when using direct results advertising, it does completely dominating and dwarfing your The dealers who are advertising this way will still in fact brand you by getting your name branding message. You must tell the customer be the ones who are remembered and, after all, out in front of the public. It will brand you as something that they care about. They really isn’t that part of what branding is? an aggressive dealership seeking the business do not care how long you have been around Troy Spring is the president of Dealer World. and ready to make deals. However, it does (as long as it is more than a year). What they He can be contacted at 866.906.7884, or by not work in the opposite direction. Branding care about is that you plan to give them more e-mail at tspring@autosuccessonline.com. 10 autosuccessonline.com
  • 11.
  • 12. On October 15, 2010, I sold vAuto to AutoTrader Corporation. Few addition, we now know the price point at which they are most popular. With experiences could be more gratifying than starting a business in your this information, the dealer’s used car buy lists will begin automatically home with an idea and seven short years later, have it acquired by an populating with those winners that meet their stocking objectives. industry leading media giant. To be sure, the sale of vAuto was the realization of a dream, but not the fulfillment of a mission. I needed to Along with each vehicle on the buy list will be a dollar amount that ensure that the sale was not just good for me, but also our employees, the dealer can justify paying for the vehicle. This amount will be dealers and AutoTrader. Therefore, how everyone would win was a automatically calculated by subtracting from the optimal selling price, the question that needed a clear answer. dealers profit objective, average reconditioning costs and transportation. Fulfilling the mission Next, the system will automatically search the vast network of Manheim For many years, I recognized an opportunity in the fact that Cox auctions to determine the location at which such vehicles will be sold in Enterprises owned both AutoTrader.com and Manheim auctions, the the coming days. Once these auctions are identified, they’ll be ranked preeminent retail and wholesale automotive marketplaces. In spite of their by the likelihood of being able to purchase the vehicle at or below the common ownership, these two giants were run independently, and largely target amount. This ranking will be determined based on the prices of the without strategic connection. To me, this appeared to be the greatest of all most recent identical vehicles sold at each location. Once the matches opportunities for everyone. are found, a dealership representative will be notified with a request for approval. The dealership representative can specify the minimal Recognizing an opportunity and acting upon it, however, are two different acceptable condition grade and, with a single click, a proxy bid will be things. The recognition of the opportunity was the justification for the submitted on their behalf. When the target vehicle is acquired, it will be sale, what is ultimately to be unveiled will be its fulfillment. Therefore, immediately transported and instantly posted on the Internet with a price, mapping a strategy was one of the first priorities to fulfill the promise photos and a complete description. to the industry. To do so required a thoughtful analysis of both today’s and tomorrow’s industry challenges. What follows is an overview of a New competitive edge and insights to my thoughts about the future of the business, dealers and Traditionally, dealers have made profits by using strategies and tactics technology solutions. to maximize transactional gross profits of new and used vehicles. Today, a New Day however, it is both the wholesale and retail markets that largely determine As the domestic auto manufacturers return to profitability and the transaction profit, rather than the persuasion of talented sales people. employment rebounds, the optimism of the American automobile dealer Progressive dealers who have recognized this new reality have found returns. Evidence of renewed confidence can be seen in growing numbers success in improved profitability with focus on velocity, rather than large of dealership renovations, inventory expansion and dealer’s lifestyle gross margins. Although it has been extraordinarily difficult for dealers to enhancements. To many, the current outlook appears to be a long- adopt this new strategy, it has proven to be effective. anticipated rebound from the trough of an unusually harsh but all-too- familiar industry cycle. The American car dealer has seen it all before and Dealers who joined the competitive price bandwagon early enjoyed has once again persevered and emerged triumphant. success at the expense of their traditional higher-priced counterparts. Now that more dealers are pricing aggressively, the challenge is to find the With a broader perspective however, there are many new realities and next competitive edge. The good news is that there are new advantages unfamiliar challenges awaiting dealers. One such new reality is a margin- to be found; however, they may not be easy for many dealers to adopt. compressed used car market. With shortages of used cars and historically One such opportunity for competitive advantage is to modify the high wholesale prices, dealers have found the sourcing of used vehicles at organizational structure and business process of the dealership to create reasonable prices to be a complex task. higher efficiency and greater profitability. This is presently being achieved at many dealerships by transitioning to little- or no-negotiation sales. a New way These dealerships are able to employ fewer managers as well as lower- As a result of the AutoTrader acquisition, vAuto will soon introduce a new priced and easier-to-find sales consultants. Some of these dealerships game-changing solution for the sourcing, stocking and merchandising have even eliminated the expense of dedicated F&I personnel, as they’ve of used vehicles. The new solution begins with the recognition that split this responsibility between sales consultants and the few remaining AutoTrader.com is a giant voting machine. Millions of cars on this site are supervising managers. The results are a lower cost of sales, faster voted on every day by car shoppers using their mouse. With the ability to transaction time and improved customer and employee satisfaction. tabulate the votes on a weekly basis in each market, the winners can now be declared — those cars that are most sought after by used car shoppers. In Key to the transition to little- or no-negotiation sales is an understanding
  • 13. that documentation must replace negotiation. Systems like vAuto’s in favor of corporate consolidated enterprises. Many of these enterprises RealDeal provide salespeople and consumers the ability to arrive will continue to be controlled by families, but operated in accordance at consensus by documenting the prices of all identically equipped with standards of corporate governance and efficient markets. competing vehicles in the market. In such cases, the dealer’s vehicle does not need to be the lowest price, but rather the dealership only needs conclusion to credibly demonstrate why lower-priced vehicles are not of the same While there continues to be great opportunity in the American automobile value. The differences are automatically identified by mileage, equipment, industry, today’s dealers and solution providers must recognize that the condition, number of previous owners, accident history and the selling emergence from the most recent sales cycle slump comes with a host of dealer’s service and warranties. The result of using RealDeal is that new realities and challenges. The mission of AutoTrader, vAuto and its both salespeople and shoppers derive satisfaction while the dealership growing collection of subsidiaries is to anticipate and meet the needs of maintains the gross profit that it anticipated when the vehicle was priced. dealers in both the present and future. The mantra within the AutoTrader, In fact, most dealerships today using the RealDeal system are negotiating vAuto and other subsidiary companies is to place the dealer’s interests less than $200 per vehicle from their original asking price. first and create value for the company by anticipating and fulfilling dealer’s needs. Another opportunity for competitive advantage is a restructuring of the dealership facility. Today, vehicle shopping occurs more in the Since the AutoTrader acquisition six months ago, I’ve been inspired by virtual than physical realm. Large, expensive, high-profile facilities the aggressiveness, intelligence and competency of the management are luxuries that most dealerships can no longer afford. Dealerships team. I’m also impressed by the genuine dedication of the field team to of the future should be located in desirable and accessible commercial serve the interests of dealers and transform their roles into ones of trusted areas, but not at the proverbial corner of Main and Grand. These new advisors. While there is still much work to be done, I am part of a team dealerships should be positioned on one-and-a-half acre plots and be built that is positioned to be an industry leader of marketing, merchandising vertically. The ground floor should be a modern corporate-compliant and sales solutions. With strategic vision, professional management and showroom with an open-air parking structure above. Such structures financial strength, I am confident that our mission will be fulfilled. As are low cost, relatively maintenance free and, with proper lighting, can said by Charles Darwin, “the future belongs not to the strongest, nor the accommodate customer parking as well as new and used car display. smartest, but the ones most ready to adapt.” Similarly, it is not economically efficient to perform mechanical repairs on the most expensive real estate in the community. Service and parts Dale Pollak is the founder of vAuto and a best-selling author. need to be located off-site in lower-cost commercial or industrial parks. He can be contacted at 866.274.1226, or by e-mail These locations need only be accessible, safe and clean. Perhaps like- at dpollak@autosuccessonline.com. minded dealerships will ultimately create service center parks as their predecessors did decades earlier with their sales facilities. Because it’s difficult for dealers to extricate themselves from present land and buildings, this transition will require cooperation and partnership among the dealer, their OEM and municipality; all three are key stakeholders in the dealership’s continued viability. the New breed of buyers Another new reality facing dealers and one that also supports the physical restructuring of the dealership is the fact that Gen Y buyers prefer less human interaction in the car-buying process. With shrinking margins and technological advances, progressive dealers are beginning to invest in systems to facilitate true e-commerce automotive sales transactions. Today, buyers can already research vehicles online, find them in dealer’s inventory, get a price, dispose of the trade in and arrange financing without ever visiting a dealership. Meeting the sales-process desires of the Gen Y buyers while reducing selling costs through the use of technology is, therefore, inevitable. the New breed of Dealers Scale and centralization of operations will also become a priority for profitability in the years to come. The fact is that one CFO, one operations manager and one used car director can and should perform management oversight across multiple locations. Shrinking margins and higher costs make it increasingly difficult to support profitability with a self-contained operation under one roof. Such advantages will become available to organizations that scale locally and/or regionally as opposed to those with a national footprint but without geographic concentration. Further, single log-on technology systems will be used to facilitate mission-critical functions across the enterprise. It will no longer be cost effective or operationally efficient to support separate systems at multiple locations. CRM, desking, new and used vehicle inventory management and similar systems must be standardized across all locations. Future dealerships will be more like sales outlets rather than self-contained dealership operations. The landscape of family-owned single dealerships will dissipate
  • 14. ScottJoseph sales & training solution what woulD happeN iF you prioritizeD your aDvertiSiNg DollarS oN leaDS that are eaSieSt to cloSe? There are a lot of options when choosing how Are you better off investing into third-party sure these types of leads are handled correctly? to invest your advertising budget. Normally, leads that are distributed to dealers all over you may think of dividing your budget town, or investing in pull-ahead programs Perhaps the most amazing benefit to this type across channels such as TV, Internet, radio, right out of your own customer database? If of innovation is what can be done through newspaper, direct mail, e-mail, social media, your goal is to sell more vehicles, what is the the Service Department. Imagine these same etc. Why not look at it a different way? Why easiest way to get there? Are you going to have calculations being run every business day with not put the priority on attracting leads that you a higher closing percentage with a third-party your dealership’s new service appointments, have the highest probability to close? In other lead or a previous customer who can actually thereby matching your appointment customers words, what if you divided your advertising upgrade his or her vehicle for no money down to vehicles currently in your inventory. budget based on referrals, previous customers and actually lower his or her payment? and conquest (new) business? If you prioritized Today, the tools to sell a vehicle have never your ad spend based on the closing percentages With today’s innovations, dealers have more been more innovative. Are you prioritizing of these segments, how would your advertising tools at their disposal than ever before. Like your advertising dollars in systems and budget look different? anything, you’re only going to get what you processes that create the type of lead you have put into a program. With used cars in demand, a better chance of actually closing? There are multiple channels to target each of how important is it for you to acquire more these segments. With referrals and previous trade-ins from your previous customers? How would I prioritize a budget? I would customers you can use e-mail, direct mail, prioritize these segments in this order (of the telephone, social media and texting, and Imagine marrying your dealership’s customer course only you can choose which programs you can combine these with micro-sites. With database and vehicle inventory with current and channels work best per segment for your conquest or new business, you have options manufacturer incentives and the specific profit store and personnel): such as third-party leads, TV, radio, newspaper, level you would like to achieve. Then complex 1. Referrals (you must have a good referral Internet, direct mail and e-mail (assuming your algorithms generate a list, pairing customers program and process) prospects have opted in). So, out of all these with the vehicles in inventory that they are 2. Previous customer offers (both sales and opportunities, which will give you the greatest eligible to trade into for lower payments. Using service) return on your investment? the Black Book value of the customer’s current 3. Conquest vehicle and his or her current payment and Last month, I wrote an article on setting up a financing information, the customer is matched I look forward to hearing your thoughts. referral process. Without question, referrals with a new or upgraded vehicle with no cash will give you the greatest return, but you can’t down and often a lower monthly payment. Is survive on referrals alone. So, based on your this lead easier to close compared to a third- Scott Joseph is the president of J&L advertising budget, where do you invest most party lead? How much do you invest in a Marketing, Inc. He can be contacted at of your money, and is it prioritized based on program like this compared to third-party leads? 888.835.1689, or by e-mail at what gives you the greatest return? How much do you work with your staff to make sjoseph@autosuccessonline.com. 14 autosuccessonline.com
  • 15. More Visibility. More Clicks. More Sales. Increase your visibility with effective Pay-Per-Click campaigns by optimizing your exposure to online car shoppers. Our Search and Analytics team takes a personalized approach to developing your campaigns producing more clicks and traffic to your website…all designed to bring you more sales. to learn more, Call today at 877-834-2030 You can also scan the QR code below, or visit us directly at www.dealerskins.com/auto-success Connect with us:
  • 16. MarkSpringer marketing solution you’re builDiNg eQuity with Social aND reputatioN maNagemeNt...areN’t you? Trying to find time to get the important things to your business and look for creative ways to technology and Website vendors are building done along with selling cars and making a tie your audience to your brand and showroom applications designed to help dealers effectively living is hard enough. For today’s dealership floor, such as having your used car manager and proactively manage social and online personnel, adding social and reputation tweet about a hot trade in you just appraised. reputation. You can, however, manage this via management to the daily work plan seems free apps on your smart phone, or with free ludicrous. Who has time for that? The result is more business now. More browser plug-ins or for free in the back end importantly, it cultivates more followers, fans of these social sites. Most important, these This article is for those who are trying to find and engagement, equaling more social activity. applications may not answer the big questions answers to those big questions surrounding asked earlier in this article. social and reputation management: “How can reputation management being proactive with social and reputation There are a number of techniques for managing Our advice to dealers reading this and looking management actually result in a better bottom your dealership’s reputation online. Examples to answer those questions is to seek out an line? ” and “If I invest the time, effort and include monitoring popular forums or blogs application that does indeed allow you to resources to manage my online reputation and related to your brand or dealership name, more effectively and proactively manage both social assets, how can I actually build tangible subscribing to RSS feeds that funnel up-to-the- social and online reputation, but one that also equity in my business?” minute information via e-mail or a Web browser is architected in a way that delivers equity and tracking your brand or dealership’s “buzz” that you can actually see and results that are There are a few obvious intangibles. Being online with technology such as Google Alerts. tangible. Find a SRMS (social and reputation courteous and responsive is good. Being positive management system) that harnesses your efforts and talking up your brand and your dealership is By far, the method of reputation management and hard work, and delivers that content directly smart. But aren’t these things we do naturally as that is given the most credence, and the one we to search results in the form of indexed pages in salespeople when the opportunity arises? I am will pay close attention to, are online reviews. a slew of geo- and brand-search markets. not talking about these obvious intangibles. I am As you know, Google has changed the way our referring to tangibles that result in more sales, potential clients enter our digital dealerships by Imagine you are a Lexington, Kentucky Ford higher profits and repeat customers. I want to providing an additional layer of consideration dealer. A local consumer searches for a Ford offer a few tips on how to turn your social and for the consumer prior to the click through. F-150 near Lexington, Kentucky, and Google’s reputation management into tangible equity for With a tug on the subconscious of the consumer, first page is saturated with positive reviews your dealership. Google now displays those little yellow stars or Facebook posts left by your dealership’s as a snap shot of your reputation right next to loyal customers — and you have 237 reviews While reading this, remember a couple the link to your Website in search results. Most averaging 4.7 of those little yellow stars at the important things: dealers are now scrambling to address this new same time. Wouldn’t that be great? • Everything you do online should be centered reality with internal procedures to solicit new around SEO. and consistent positive reviews from the happy bottom line • With SEO, original content is king. customers hoping to offset and strengthen If your social and reputation management their mediocre averages brought down by the investment does not yield tangible equity, it may Social management previously buried reviews from upset customers. be time to adjust some priorities. Get engaged, If you do not already have them, get your be proactive and make certain you are not dealership clean, professional Twitter and If you are not taking this action, do it now. over-paying for SRMS applications that deliver Facebook business pages created. Promote them Compiling positive reviews at every turn. Offer zero equity for their investment. In today’s car aggressively. Run promotions to increase your discounts and promotions in exchange for business, it’s all about finding efficient, revenue- fans and followers every chance you get. Do reviews for your dealership. Do it with urgency. positive ways to increase the bottom line. this first and do it right away (Sounds obvious right? Stay with me here because we are setting Seo If I can help you by answering questions or the table for the tangible equity part). The importance of all of this is the content, providing additional information on how to which you can leverage for high-powered SEO. turn your dealership’s social and reputation Here is the hard part with social: You actually If a consumer writes a 200- to 500-word review management efforts into tangible equity, please have to be social. or post about your dealership, the brand you contact me with the information below. sell or the specific model they purchased, good Mark Springer is the president and COO Download some apps on your smartphone. Set or bad, isn’t that 200 to 500 words of keyword- of BluSolutions Dealer Websites & some alerts. Get engaged socially. And yes, dense content served up on a platter for you? Automotive SEO. He can be contacted answer every question, reply to every comment, at 866.835.0921, or by e-mail at and get involved in every conversation relevant Here’s the tangible equity part: Some automotive mspringer@autosuccessonline.com. 16 autosuccessonline.com
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  • 18. SkipMurphy marketing solution the power iS Simple: the Next Direction in Digital marketing One thing most used vehicle and Internet through the online vehicle merchandising and Internet managers the ability to update vehicle managers don’t want or need in their lives sales processes. inventory descriptions and prices any time of is complication. The industry has equipped the day or night — across most of the online dealers with all kinds of technologies designed Not only is all this effort time consuming for sites in which you list inventory — so they can to make these managers’ lives easier, but has already-busy Internet managers and staff, be sure to have the freshest, most appealing that been the true outcome? but the effort often results in less-than-ideal online inventory possible. online vehicle presentations prone to listing For example, the industry has given them tools and pricing confusion, out-of-date listings and killer apps to Sell more cars of all kinds to help them merchandise vehicles prices and other errors. Seamless integration of your key digital online and respond to Internet leads originating marketing components — your Website, CRM from those online showrooms. As useful as If you want to sell more cars on-line, your and online inventory management software — these technologies can be, they can require online listings must be compelling, current and means comprehensive digital marketing results more staff effort than should be necessary. consistently merchandised across all online from one source. sites in which you list inventory, especially In fact, dealing with various systems for listing the dealership Website — potentially the In addition, other exciting online marketing and managing online inventory, comparing dealership’s most powerful inventory sales tool. apps will make it a cinch for dealers to online prices with competitors’ and driving build powerful and affordable online selling shoppers to the dealership Website inventory Furthermore, all this activity must be as juggernauts. Some of these exciting apps pages — the most “ready to buy” end of the automated and hands-off as possible so staff include those that deliver: sales funnel — can be frustrating. can concentrate on closing leads — not on merchandising inventory. Improved lead processing: Leads from It can be frustrating because orchestrating all third-party sites, craigslist and the dealership these disconnected processes requires work. Most online buyers visit a dealership Website Website will now flow directly into the CRM, when they’re close to making a final vehicle It requires staff to log into each system and so leads don’t drop through the cracks and and dealership decision. Nothing will send then flip from one screen to the other to move so you then convert more of your digital them scurrying marketing investment into vehicle sales. off your Website faster than Website Improved vehicle listings: Solutions that help inventory that’s you create and manage the most compelling Introducing – Your Buyers. presented, described and comprehensive vehicle inventory listings and/or priced and descriptions on the Internet. differently from IMN Spotlight™ reports enable you to create the other listing Improved vehicle merchandising: Enriched lists of your most engaged subscribers sites where your online content to attract more eyeballs and sell and target those ready to buy dealership also lists your listings. These tools include human voice- from your dealership. inventory. over video, ad writer and custom comment Ready to sell? generators, YouTube and craigslist easy listing a Digital leap tools and direct-to-auction (OpenLane and Forward Smart Auction) tools. Apps are currently being developed in Improved dynamic content: New tools will the marketplace, upload “live” walk-around videos to YouTube however, that will and to the dealership’s inventory pages, as well soon make possible as to sites like AutoTrader, Cars.com and many multiple, real-time other sites. daily data extraction, compilation Improved social media tools: Jumpstart and and distribution ensure ongoing involvement in your Facebook from your dealer and Twitter efforts. Drive customers in for sales, for life. management system to your dealership’s These are exciting times in auto retail digital Visit www.loyaltydriver.com Website inventory, marketing. The “power of simple” — integrated key online car- CRM, Web and inventory management — is shopping sites and simplifying how easy it is to use and benefit Innovative Enewsletter Solutions the resulting leads from modern online inventory sales and loyaltydriver.com | 1-800-818-4071 right into your management tools, while improving how dealers CRM. capture, merchandise and sell vehicles online. This new integration Skip Murphy is sales director with Trinity Suite. technology will He can be contacted at 866.295.9491, or by give used car and e-mail at smurphy@autosuccessonline.com. 18 autosuccessonline.com spotlight-ad-4.375x5-FINAL.indd 1 2/25/2011 9:13:45 AM
  • 19. WASTING MONEY ON CONVENTIONAL ADVERTISING Newspaper, Radio & TV are a WASTE of Your TIME & MONEY We can Help You Sell More Cars CHEAPER! We Specialize in: • SOCIAL MEDIA • SEARCH ENGINE OPTIMIZATION • REPUTATION MANAGEMENT • VIDEO SEARCH • VIDEO PRODUCTION • WEBSITE DESIGN • GRAPHIC DESIGN • FOCUS & MICROSITES • P R E S S R E L E A S E S • AND ALL OTHER FORMS OF DIGITAL MARKETING Sean V Bradley Founder / CEO CALL US 888.379.6374
  • 20. TracyMyers marketing solution harNeSSiNg the power oF perSoNality For your braND Last month, I shared with you that the fastest, advice. So, you’ve got to let them in. old, but I actually started to live my dream best and easiest way of creating a successful, pretty quickly. When I was eight, my brother highly profitable business or career in the And yes, that does mean you need to show and I got a couple of the neighborhood kids automotive industry was to position yourself as them your quirks and idiosyncrasies. together to put on a play in my backyard. We a celebrity expert. practiced every day for two weeks after school. Now, there may be things you don’t want to Over the next few issues, I’m going to share get into — such as politics and religion — but I made posters by hand advertising the the key steps and strategies you need to follow you should be aware that the more polarizing play — remember, this was before PCs, and in order to build a powerful celebrity expert you are, the more magnetic you will become to there was no Kinko’s. We made copies using brand. If you follow these steps, you’ll stand those who are like you. carbon paper and put them in the neighbors’ out way ahead of your competition. mailboxes. polarizing for Success However, in this section, I want to share one The more you let people know who you really We didn’t charge admission, but I did pass secret that will take you to a completely new are, the more they’ll either see themselves in the plate. We may not have had an audience level. That secret is the power of your own you or they’ll see they’re not like you. of thousands, but I did manage to get $55 in personality. donations —that’s not too bad when you’re So, it’s also true that the more polarizing you only eight. Overcoming the dull, corporate approach are, the more you’ll push some people away. But every day in my work, I meet people who have the benefit of that is that the people who identify I gave my two friends and my brother $5 each, amazing personalities. Then I go and check out with you will be even more attracted to you. which left me a hefty profit of $40. their blogs, their articles, videos and books — any of the ways they represent themselves in You can probably think of personalities right So, I was lucky enough to learn three very their business world. I often discover that they now — whether in business or in entertainment important lessons early on in life: are totally flat and stale — they have a dull, — that you cannot stand. You just can’t figure • I loved being on a stage in front of people. corporate feeling. out how they have such a big following. Well, I loved the applause, the accolades and the it’s because of this rule. There are people who celebrity! (The money wasn’t bad either!) I have to tell you that if you truly want to be feel like them, and the more polarizing they the celebrity expert in your market, you have are, the more they’re drawn to them. • Marketing something — in fact, anything — to do the exact opposite. This dull, corporate came naturally to me. approach is not what your clients and prospects I’m going to show you exactly how to position want. They want to know who you really are. yourself so that the right potential customers • If you were creative and didn’t mind a little The fact is that we connect best with people we are attracted to you. But let me start by sharing hard work, you didn’t have to spend a lot of can relate to; who are like us in some way — a little about me and how I started my journey. money marketing to get great results. whether it’s the way they think, their lifestyle, their age, their background...whatever. my celebrity expert I’ve learned lots of valuable lessons that I’m branding Story - part 1 going to share with you over the next few So, if you want to build your celebrity expert My story dates back more than 82 years — and issues, plus, next month, I’ll teach you the brand, your expertise has to align with your no, I’m not that old! That’s when my great- secrets of matching your expertise to your personality and who you’re trying to connect grandfather opened the first Frank Myers store. perfect market. with. This may seem scary at first, but you And, to most people, it seemed obvious that I have to let people in on who you truly are. would follow in the family footsteps. You’ve probably heard it said that success is However, I had other plans. I wanted no part 10 percent what you know and 90 percent the of the car business. I wanted to be in the rest. I’m not sure if these numbers are correct, entertainment industry. From the age of five or Tracy Myers, C.M.D. is a noted small business marketing and branding solutions but I am sure the message is spot-on. In short, six, I only wanted to be a rock star, radio DJ, specialist, best-selling author, speaker, car people have to know you before they’ll listen or an actor. dealership owner and entrepreneur. He can to you. If they don’t know who you are, then be contacted at 866.860.0029, or by e-mail at they don’t know if they should take your I guess that’s not too unusual for a five-year- tmyers@autosuccessonline.com. 20 autosuccessonline.com