01/10/2020 10:00 am |
4 Steps to More Profit in 2020
Now is the perfect time to explore new avenues for untapped profit at your dealership. As you focus on your plans for 2020, here are four actions you can take to make the upcoming year your most profitable one yet.
Read More
12/18/2019 10:00 am |
A Dealer’s Wish List
It’s that time of year—everyone is checking off their wish lists, and automotive dealers are no exception. With the holiday spirit fresh on our minds, let’s take a look at what gifts you want to see as you develop your business plan for 2020 and beyond.
Read More
11/25/2019 10:00 am |
Three Ways to Finish 2019 With A Bang
There are two ways to look at the upcoming holiday season: you can chalk it up as the slow time of year; or you can go big and use the last two months to provide a jolt to the year’s profits. The choice is yours.
Read More
10/25/2019 10:00 am |
The Right Partner For Your Online Reputation
If you’ve been in the business long enough, you know that despite the best reconditioning and the best inventory selection, you’re bound to run into vehicles that encounter issues after the sale. When this happens, it’s your reputation on the line. How these fragile situations are handled can have long-lasting impacts on your reputation in your market.
Read More
10/11/2019 10:00 am |
Selling To The Informed Customer
Today, more than ever before, customers are walking through your doors with a plan and a price in mind. It’s a dangerous situation that can cut into your margins if you aren’t prepared to teach them something they don’t already know.
Read More
09/27/2019 10:00 am |
Focus On Quality Over Quantity
Sometimes you aren't able to sell more so focus on selling something better. Let’s look at ways you can begin upselling more often and improving back-end profits even when your service contract penetration is right where you want it.
Read More
09/13/2019 10:00 am |
When It Comes To Selecting Inventory, Trust The Data
When it comes to acquiring the right inventory for your lot, it’s easy to go with your gut and buy a car based on your experience and savvy. But what if your general industry acumen could be augmented by data and information that will help you find cars that can fly off the lot just as quickly as you get them there?
Read More
08/30/2019 10:00 am |
Avoid Post-Sale Heat
Customer buys a vehicle, leaves your lot and has a breakdown. Now your reputation is on the line. If you informed your customers of the vehicle service contract features that can help following a breakdown, this potential for post-sale heat will leave you feeling worry-free.
Read More
08/16/2019 10:00 am |
Your Greatest Marketing Asset
All your work to sell a service contract doesn’t have to happen in the F&I office. But can your website sell a customer on the value of a service contract before a customer even steps on your lot? The short answer is yes.
Read More
08/02/2019 10:00 am |
The Most Common Customer Objection
It's the easiest objection to roll off a customer's tongue: “I can’t afford a service contract.” If a customer drops this line, consider it a clear path to a VSC sale. If it sounds simple, that’s because it is. Getting a customer who claims they can’t afford a VSC to understand it’s value involves just a slight tweak to their statement to clearly illustrate just how important protection from out-of-pocket repair costs can be.
Read More