Sean V. Bradley's Posts (936)

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Fire Your Internet Sales Manager

http://www.dealersynergy.com 

I know I am going to get a lot of heat on this article, but it has to be said. I have worked with thousands of dealerships over the years and there have been numerous reasons given for mediocrity, and even failure. In the beginning of automotive Internet sales in the late 1990s, it was a novelty and an incremental business, but most dealerships were not able to truly harness it and make it a major profit center. However, over the years and through evolution of the automotive sales industry, and the country as a whole, there has been a lot of change — change in how people are researching, shopping, making decisions and ultimately buying a vehicle. There has even been change inside our industry by dealer principals, GMs and sales consultants. It seems that dealers are getting it. They understand that Internet sales, business development, digital marketing, and social media are all important.

 

What I am seeing now is a scary pattern emerging. A lot of dealerships are not maximizing on opportunities right in front of them because they do not have the right person in place. The Internet sales manager or BDC director that they have in place is the wrong person for the position, and they are hurting the dealership! Here are some problems I’ve seen at dealerships:

•  A computer geek in the position who is not an automotive professional. There is nothing wrong with being a geek. I have a problem if they have no idea how to sell a car, and don’t have the respect of their team and employees. They can’t motivate and drive the department to success.

•  An IT professional is the head of an Internet sales department or business development center. Just because they are good at fixing computers or understanding technology does not necessarily make them the best choice to run a million-dollar sales department. “Internet sales” is still sales.

•  Instead of terminating a sales consultant from the showroom floor, they are given a “second chance” running the Internet sales department. I don’t get this one at all. If someone can not be effective on the showroom floor, why would you have that person be the head of a department where 92 percent of Americans go before they ever step foot into your dealership?

•  A sales consultant is promoted from the showroom to running the Internet department. Please understand just because someone can sell a car does not mean they can run a department, let alone an Internet sales or business development department. Just because they can sell cars does not mean they are capable of being a manager or a leader. There are a lot of successful sales consultants who sell 20 or 30 cars per month, but don’t work well with others. They have no concept of interdependence.

•  There is no Internet sales manager/BDC director at all. That is just bad, and again, makes no sense whatsoever. When 92 percent of people are going online, there needs to be major attention to this area.

•  A dealership’s manager also manages the Internet department. I have seen it all, my friends. The dealer principal or general manager takes on the Internet department as an “additional” responsibility instead of having a dedicated manager, or they dump the responsibility of the Internet department onto the GSM or sales manager. This is not a viable solution.

 

Remember Basic Math

The average dealership in the United States delivers fewer than 100 units per month. But the average dealership has:

•  A GM or GSM

•  One to two sales managers (new car/used car), or “closers”

•  An F&I manager

•  10 Sales Consultants

 

If you want your Internet or business development department to deliver units, you are going to need the right Internet manager or BDC director.

 

Yes, you might need to fire your current Internet sales manager or BDC director. You might have been thinking about doing it for months now but weren’t sure. Let me make it easier for you.

Think of your current Internet sales manager or BDC director:

•  Are they a family member or in a relationship with anyone else in the dealership?

•  Do they have any automotive sales or management experience?

•  Do they have an aversion to the phone?

•  Do they have the ability to take a “TO” from their employees, sales consultants, appointment setters, etc?

•  Do they have the ability or desire to proactively “TO”?

•  Do they have the respect of their team (or the dealership for that matter)?

•  Can they, or do they, lead by example?

•  Do they train their team? Do they know how to train their team?

•  Do they have “one on ones” with their team?

•  Do they know how to project and forecast, and not merely guess and hope?

•  Are they rude and or mean to their team or their customers?

•  Do they have Standard Operating Procedures (S.O.P.s), or do they just “wing it”?

•  Can they desk a deal?

 

If you are reading this and you are a dealer or GM, do this calculation before you open the showroom tomorrow:

 

Look at your electronic leads, phone leads and walk-in leads. Say your electronic and phone leads are 70 percent or greater of all leads. Now look at your manager running your Internet or business development department. Are you comfortable with them in charge of 70 percent of your opportunities? If not, make the change today. If you can’t promote that person as your nest general sales manager, you have the wrong person in place.

 

If you would like a free personalized analysis of your Internet Sales Manager, contact me at the email below with “ISM” as the subject line.

 

Sean V. Bradley is the founder and CEO of Dealer Synergy, a nationally recognized training and consulting company in the automotive industry. He can be contacted at 866.648.7400, or by e-mail at

sbradley@autosuccessonline.com.

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http://www.dealersynergy.com

CarWoo! is an online new-car buying service and marketplace. Buyers come to CarWoo!, state which car they are looking for and CarWoo!’s network of over 5000 dealers compete to sell the buyer the car.

Technically the product is an semi-anonymous (first name, last initial, zip code) engagement tool. The buyer’s personal contact information (address, phone number, email) are kept private until the buyer accepts an offer from the dealer they want to buy the car from. This helps the consumer avoid spam emails and unwanted phone calls that are common when people buy new cars using “Request a Quote” processes many other online sites use.

CarWoo! has two plans for car buyers. CarWoo! Basic, a $19 plan, offers buyers a search for a vehicle and guarantees 2-3 dealers will compete. CarWoo! Plus, a $49 plan, offers buyers a search for a vehicle and guarantees 5 dealers will compete, but is not capped and as many as 15 dealers have participated in many deals. Both plans offer the buyer privacy protection and CarWoo!’s 100% Happiness Guarantee.

For car dealers, CarWoo! offers the highest quality online car buyers to the dealer for no charge. Dealers are offered the opportunity to engage with car buyers in an online setting that is social and non-threatening to the car buyer. A dealer that uses CarWoo! has an online dashboard where they can engage with all car buyers near them, make them firm offers on cars they have for sale and see how their offer’s stack up competitively against dealer’s vying for the buyers business.

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Lamborghini to unveil SUV

The Urus, billed as an 'everyday' Lamborghini supercar, is set to debut Sunday.

The idea of Lamborghini, known for extreme performance cars, making an SUV may seem off the wall. But don't be too shocked. This actually isn't Lamborghini's first SUV. The LM002, a much chunkier vehicle that looked as if it had been built out of shoeboxes, was available from 1985 to 1992. Only about 300 of those were ever built.

Lamborghini decided it's time to try again. For now, the new, sleeker-looking Urus SUV is just a concept vehicle. But it's clear that Lamborghini fully intends to produce this vehicle or something very much like it. In fact, it could produce as many as 3,000 per year, which would make it the largest-selling Lamborghini model by far.

The Urus, just unveiled at the Beijing Auto Show, is a 600 horsepower "crossover" with huge 24-inch wheels and a 600 horsepower engine. Like most of Lamborghini's cars, the Urus has full-time all-wheel-drive with a focus on on-road performance. 

BY PETER VALDES-DAPENA

Source - http://money.cnn.com/galleries/2012/autos/1204/gallery.lamborghini-urus-suv/index.html?hpt=hp_t2 

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Q & A About Starting a BRAND New Internet Department (From Scratch)

I had a great conversation with a NEW Internet Director. She was a "rep" but this is a whole NEW venture in becoming a NEW Manager etc... 

Q - Where to start: 

A - You want break it down to 4 main elements, Products, People, Process & the Promotions.

Products-

  • Department will be inside the showroom, deeply tinted, blinds for privacy.
  • 5 workstations PLUs to for future evolution (You are going to want to make sure that you INCLUDE an ISC in the mix).
  • Computers... Do you have dual monitors, head sets, What are you going to do for Digital Media? I suggest a separate computer for videos, pictures, articles etc... Maybe an external hard drive.
  • VAuto, 
  • ILM / CRM - Dominion... AVV Webcontrol. Mac Haik will be designing its own CRM (Microsoft CRM). 
  • Need Scripts, Templates, Voice Mail, Automation, Integration
  • Reputation Management 
  • Social Media 
  • Video / Photos 
(This is just 1 of the "4 Ps")


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http://www.dealersynergy.com 

(The Intro Video is from Google describing the "Brand Active Initiative") 

Making the Web Work for Brand Marketers

Wednesday, April 18, 2012 | 

Learning from the past

In the 1950s, brands slowly moved to TV, just as they have started to move online today. In both instances, buying and selling systems improved; audiences and new content quickly moved to the new medium; and the creative possibilities inspired great ad campaigns.

However, a key moment for TV came in the 1950 with dramatic improvements in measurement—like ratings and quantitative market research. Once major brands could see who they were reaching and what impact their campaigns were having, they fully embraced the medium, creating a multi-billion dollar industry...and TV’s golden age began.

Making better decisions with actionable brand metrics

Unlike the early days of TV, digital advertising is already incredibly measurable. The only problem is a very old and well-known one: the standardized metrics today are largely clicks, user interaction rates and conversions.

But as brand advertisers - such as movie studios or consumer goods companies - know, it’s a challenge to measure changes in brand favorability of a movie or whether an online campaign is driving more consumers to the store. And it’s even harder to take quick action on any such insights.

That's why today, at the Ad Age Digital Conference I'll be introducing the Brand Activate Initiative, an ongoing Google effort to address these challenges and re-imagine online measurement for brand marketers. With this initIative we're partnering with the industry and supporting the IAB's Making Measurement Make Sense (3MS) coalition. We believe that the industry’s significant investment in brand measurement efforts can substantially grow the online advertising pie, for all.

Is a particular ad in your campaign especially useful at improving brand recall in Illinois? You should be able to immediately increase your coverage throughout the Midwest. Is one ad slightly less effective at driving purchase intent and in-store sales? Tweak the creative, straight away.

The first Brand Activate solutions

We’re working to build truly useful brand metrics into the tools that advertisers already use to manage their campaigns, so they’ll be actionable within seconds, not months.

The first two Brand Activate solutions are rolling out today:

Active View: Advertisers have long looked for insight into whether consumers saw an ad on page 145 of a magazine, or switched the channel during a TV commercial break. It’s similar online, so we’re rolling out a technology, which will be submitted for Media Rating Council(MRC) accreditation, that can count “viewed” impressions (as defined by the IAB’s proposed standard, this is a display ad that is at least 50% viewable on the screen for at least one second).

Called Active View, this will first be available in coming weeks within Google Display Network Reserve. We’ll also be making this metric a universal currency, ultimately offering it within DoubleClick for Advertisers, as well as to our publisher partners. Active View data will be immediately actionable—advertisers will be able to pay only for for viewed impressions. Going forward, we’re working on viewed impression standards with the IAB, and our agency and publisher partners.

Active GRP: GRP, or a gross rating point, is at the heart of offline media measurement. For example, when a fashion brand wants their TV campaign to reach 2 million women with two ads each, they use GRP to measure that. We’re introducing a new version of this for the web: Active GRP. Active GRP has two key features:

  • Built-in: Active GRP is built right into the ad serving tools that our publishers and marketers already use every day. Active GRP will enable real-time decision making, allowing advertisers to make adjustments to their campaigns at the speed of the web. We’ve kicked off a pilot program for DoubleClick for Advertisers clients as a first step, and will roll it out to other products, with brands able to specify a range of audience GRP segments.
  • Robust methodology: Active GRP is calculated by a statistical model that combines aggregated panel data and anonymous user data (either inferred or user-provided), and will work in conjunction with Active View to measure viewed impressions. This approach overcomes problems of potential panel skewing and reliance on a single data source. This approach also has the advantage of never using personally identifiable information, not sharing user data with third parties, and enabling users, through Google’s Ads Preferences Manager, to opt-out. We will be submitting our methodology for MRC accreditation.


More to come

We look forward to bringing other measurement initiatives into our suite for brand marketers, including a brand impact survey pilot with Vizu, our brand lift measurement product (Campaign Insights) and various cross-media measurement research projects globally.

This is just the beginning of the Brand Activate Initiative, with much more to come for brands and publishers. We think that with brand new metrics comes a new brand moment - one that will encourage brands to invest in the web, help publishers show the value of their digital content, and stimulate digital media’s own golden age.

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Global Consumers Place Highest Trust in Earned Media

Online automotive consumers place the most amount of trust in earned media, and the least in ads served on mobile phones, finds Nielsen [download page] in an April 2012 report. An impressive 92% of automotive consumers surveyed around the world said they trust earned media, such as word-of-mouth or recommendations from friends and family, an 18% increase from 2007. Automotive consumer opinions posted online (70%) was next-most trusted, outpacing other formats such as editorial content within newspaper articles, dealership and car company websites (both at 58%). Text ads on mobile phones are trusted by just 29% of automotive consumers.

This finding contrasts with April 2012 survey results from Ipsos, which found that while automotive consumers worldwide may turn to their friends for advice on vehicle purchases and repair services, only 38% will trust a dealership, make of vehicle or a service department more because friends recommended it.

Traditional Media Takes a Fall
Data from Nielsen’s “Global Trust in Advertising 2012″ indicates that automotive consumer trust in traditional paid advertising messages has taken a significant drop. While close to half say they trust TV (47%), magazine (47%), and newspaper ads (46%), confidence in these ads has dropped by 24%, 20%, and 25%, respectively from 2009 to 2011, when the latest survey was conducted.

Despite this fall in trust, traditional media ads, particularly on TV, appear to have their intended effect. According to April 2012 survey results from ExactTarget, TV ads influence a larger proportion of online automotive consumers... a product or service than a variety of other advertising media. 53% of respondents said a TV ad had influenced them to purchase a vehicle or maintenance service in the past 12 months, putting TV ads far ahead of newspaper ads (32%) and magazine ads (30%). In fact, three times more respondents said they had been influenced by a TV ad than by a banner or other ad on a website (53% vs. 18%).

Trust in Online Ads Low, But Growing
The Nielsen study finds that trust in most online ads is relatively lower than on traditional media, save for ads found on OEM branded websites, which are trusted by 58% of consumers. For example, only 40% trust ads served in search engine results, while just 36% trust online video ads, or ads on social networks. These findings are similar to Nielsen and NM Incite survey results released in February 2012, which found more trust in branded website ads than any other form of online adv....

Despite low rates of trust in online banner ads (33%), this represents a 27% increase since 2007. Similarly, while the level of trust placed in mobile phone advertising is still low, at 29%, this is an increase of 61% since 2007, and 21% since 2009.

Attitudes Towards Relevance Mirror Trust
The Nielsen survey also asked respondents to identify which advertising and brand messaging platforms are the most relevant to them when searching for information about the products, finding that the relevancy results often mirrored the trust responses. Recommendations from friends and family again topped the list, at 90% of respondents, followed by consumer opinions posted online (75%), branded websites (59%), and editorial content such as newspaper articles (55%). The relevance of paid traditional media platforms ranged from about 40-50%, while many online platforms scored lower, save for ads served in search engine results (42%).

Other Findings:
Latin American consumers had the highest levels of trust across 17 of the 19 advertising methods identified, when compared to other regions.
Trust in mobile phone ads was highest in the Middle East and Africa, with 40% indicating trust in text ads on mobile phones. These consumers also placed more trust in billboard and outdoor advertising than the global average (59% vs. 47%).
Consumers in Asia Pacific reported a higher level of trust in all formats surveyed when compared to the global average. They also had the highest level of trust in earned media, such as recommendations from friends and family (94%) and consumer opinions posted online (76%).
North Americans and Europeans appear to be the most skeptical consumers, with European respondents reporting the lowest levels of trust in all but 1 format (consumer opinions posted online - 64%).

About the Data: The Nielsen Global Trust in Advertising Survey was conducted in August/ September 2011 and polled more than 28,000 consumers in 56 countries throughout Asia Pacific, Europe, Latin America, the Middle East, Africa and North America. The Nielsen survey is based on the behavior of respondents with online access only. Internet penetration rates vary by country. Nielsen uses a minimum reporting standard of 60% internet penetration or 10M online population for survey inclusion.

Source - http://www.marketingcharts.com/television/global-consumer-trust-highest-in-earned-media-21766/ 

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The 7 Secrets to Ford's Social Media Marketing Success 

Last year I noticed articles and videos appearing online and on Social Media such as YouTube about the Ford Fiesta. So I decided to dig a little deeper to find out about what Ford were doing in Social Media to market their products.
Scott Monty is the Head of Social Media at Ford and has only been there since 2008 and put in place a Social Media strategy including multiple Social Media channels.

Facebook
Twitter
YouTube
Flickr

Scott said that his “Jewel in the Crown” is the Ford Fiesta Movement that involved selecting 100 socially vibrant individuals who were provided with the European version of the Ford Fiesta 18 months prior to it being manufactured and released in the USA. These socially media aware fanatics were encouraged to share their experience with the Ford Fiesta over the 6 months on their Blogs, Twitter, Facebook, Flickr and YouTube channels.
What were the strategies that Ford implemented to create viral awareness without one dollar of traditional marketing spend?

The 7 secrets to Fords Social Media Marketing Success
People trust corporations less so with the rise of social media you need to allow other people through word of mouth create trust for you through Social Media (it amplifies your message)
Reached out to those who are listening and let them do the talking for you and to connect with people like themselves
Let them know that you are real people just like them and are passionate about what they do and the Ford Brand
Run a competition involving Social Media eg.. To be selected to drive a Ford Fiesta for six months – select 100 of those who are “socially vibrant” such as Michelle McCormack ..view her application on YouTube.
Aggregated the content on Fords Fiesta movement website (crowd sourcing content) without editing it!
Implemented multiple Social Media channels such as Facebook, Twitter and YouTube to create digital buzz
“Get On Board” the executive team and the board of directors

The Results
11 million Social Networking impressions
5 million engagements on social networks (people sharing and receiving)
11,000 videos posted
15,000 tweets.. not including retweets
13,000 photos
50,000 hand raisers who have seen the product in person or on a video who said that they want to know more about it when it comes out and 97% of those don’t currently drive a Ford vehicle
38% awareness by Gen Y about the product, without spending a dollar on traditional advertising ( Fords model “Fusion” doesn’t have that awareness after 2 years of being out in production and yet it has received hundreds of millions of dollars in traditional marketing spend).
Following the Ford Fiesta movement the launch of the Fiesta Ford did run a traditional marketing campaign including TV, Print and and Outdoor advertising.

According to J.D. Power, about 9% of spending this year by automakers will be digital (Ford’s share spend is 25%.. and they were the only company not bailed out by the Federal Government), but that will rise to about 12% by 2012 as more companies embrace social networking, online gaming and rich media ads in place of traditional TV and print.
Scott Monty’s advice on whether Social Media Marketing is right for your company,
“If your customers are there you need to be there too” he also went on to say “You need to listen.. see how they behave and act similiarly”

Source - http://www.jeffbullas.com/2010/02/18/the-7-secrets-to-fords-social-media-marketing-success/

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Mercedes-Benz Dealership Drives 200+ Website Leads Per Month With PPC

A Mercedes-Benz dealership, who is part of a large auto group in North Carolina, invested in online Pay Per Click (PPC) advertising with ReachLocal in November 2010. Their goal was to reach potential car buyers in their metro region, and to win business that might otherwise buy a vehicle from a competitive Mercedes-Benz dealership, or buy another Make of vehicle altogether.

The dealership worked closely with their Internet Marketing Consultant to build out a comprehensive list of keywords that a car buyer might use in searching the web for a vehicle. This list included every model of new and used vehicle they sell, as well as competitive keywords that might attract other buyers online. Their final keyword list was comprised of hundreds of keywords, both stand alone, and those paired with the major city names their customers likely come from.

Text ads were created to describe the dealership’s strengths and to create a compelling “call to action”. Effective text ads work by attracting the right searchers, and deterring the wrong ones. These ads were then mapped to the appropriate pages within the dealership’s website so that the searchers experience was seamless.

Once all of the elements of the PPC program were created, ReachLocal implemented them across 98% of where people search, including Google, Yahoo!, Bing, AOL and Ask. Tracking was set in place to identify any phone call lead that came in through the campaign, as well as any email or request for more information.

The program ran for 12 months, averaging 157 inbound leads per month for the dealership. After the first 12 months, they were so pleased with the performance that they increased their budget. After the budget increase, they experienced an average of 220 inbound leads per month. This averaged out to be an $11 - $12 cost per lead. Not only was the volume of leads impressive, but they were also highly qualified leads. People searching online for a vehicle are doing their research and have a better idea of what they want when they do make contact. So the leads that came in through their PPC program were better quality than those they were receiving from offline forms of advertising.

The Mercedes-Benz dealership not only grew their own PPC program, they also expanded to create similar programs for the other dealerships within their automotive group. Currently their entire group is advertising online with ReachLocal to generate qualified, inbound auto leads.

To learn more about how you can implement a successful online PPC program for your dealership, Respond to this post-

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